Nissan Motor Co., Ltd. · TSE:7201

Nissan Motor — Q1 FY2017 Earnings Presentation

12 slides from Nissan Motor's earnings presentation, Jul 27, 2017

  1. Slide 1: Nissan Motor Co., Ltd. July 27th, 2017

    Nissan Motor Co., Ltd. July 27th, 2017 (TSE REPORT BASIS — CHINA JV EQUITY BASIS) (BILLION YEN) NET OPERATING NET FREE NET CASH REVENUE PROFIT INCOME * CASH FLOW (AUTO) (AUTO) 1,645.6 2,654.5 2,760.4 1,365.1 229.4 175.8 153.3 136.4 134.9 112.6 FY16 FY17 FY16 FY17 FY16 FY17 FY16 FY17 FY16 FY17 1Q 1Q

  2. Slide 2: FY17 1st Quarter Sales Performance

    FY17 1ST QUARTER SALES PERFORMANCE FY17 1ST QUARTER FINANCIAL PERFORMANCE www.nissan-global.com © Copyright NISSAN MOTOR CO., LTD. All rights reserved. 3 GLOBAL TIV *1 RETAIL VOLUME vs. FY16 M/S*2 5.8% vs. FY16 M/S*2 5.6% 22.79 23.21 GLOBAL +1.8% 1,351 GLOBAL +5.0% 1,287 1.08 1.20 JAPAN +11.8% 131 J

  3. Slide 3: Japan and China sales performance

    JAPAN TIV: 1.20 million units, +11.8% RETAIL VOLUME Sales: 131 k units, +45.6% +45.6% 131 (THOUSAND UNITS) Market share: 10.9%, +2.6 points 90 Registered car  TIV: 0.78 million units, +7.3%  Sales: 89 k units, +15.1% FY16 FY17 1Q 1Q  Market share: 11.5%, +0.8 points Mini car MARKET SHARE  TIV: 0

  4. Slide 4: North America and Europe sales performance

    NORTH AMERICA US US RETAIL VOLUME  TIV: 4.42 million units, -3.0% +1.2%  Sales: 403 k units, +1.2% 398 403 (THOUSAND UNITS)  Market share: 9.1%, +0.4 points Canada  Sales: 41 k units, +4.6%  Market share: 6.7%, 0.0 points FY16 1Q Mexico  Sales: 88 k units, -3.7% US MARKET SHARE  Market share:

  5. Slide 5: Other Markets

    OTHER MARKETS Sales: 188 k units, +1.2% RETAIL VOLUME  Asia & Oceania: 83 k units, -1.2% (TIV: +0.9%) +1.2% 188 186 (THOUSAND UNITS)  Latin America: 43 k units, +14.0% (TIV: +11.4%)  Middle East: 42 k units, -5.8% (TIV: -14.6%)  Africa & others: 20 k units, +1.9% (TIV: -7.7%) FY16 1Q Datsun redi

  6. Slide 6: Financial results and operating profit variance analysis

    (TSE REPORT BASIS — CHINA JV EQUITY BASIS) (BILLION YEN) FY16 FY17 VARIANCE CHANGE 1Q 1Q vs. FY16 (%) NET REVENUE 2,654.5 2,760.4 +105.9 +4.0% OPERATING PROFIT 175.8 153.3 -22.5 -12.8% OP MARGIN 6.6% 5.6% NON-OPERATING 22.4 36.3 ORDINARY PROFIT 198.2 189.6 -8.6 -4.4% EXTRAORDINARY -0.3 -3.5 PROFIT B

  7. Slide 7: Free Cash Flow (Auto Business)

    (TSE REPORT BASIS — CHINA JV EQUITY BASIS) FREE CASH FLOW (AUTO BUSINESS) (BILLION YEN) +276.8 -155.5 -102.1 218.8 -100.4 +199.6 -5.8 112.6 NET CASH AP / AR INVENTORY TAX / CASH FLOW CAPEX* OTHERS FREE INFLOW FROM OTHER FROM CASH P&L ITEMS OPERATING OPERATING FLOW ACTIVITIES ACTIVITIES * CAPEX DOES

  8. Slide 8: Financial Results (Management Pro Forma Basis)

    (TSE REPORT BASIS — CHINA JV EQUITY BASIS ) 2016 2017 (BILLION YEN) (BILLION YEN) 1,500 1,500 1,200 1,200 900 900 600 600 300 300 0 0 FX: JPY/USD FX: JPY/USD END OF MONTH 112.7 102.9 END OF MONTH 112.2 112.0 www.nissan-global.com © Copyright NISSAN MOTOR CO., LTD. All rights reserved. 15 FINANCIAL R

  9. Slide 9: Dividend Per Share (Yen)

    +10.4% 53 48 42 33 30 25 20 DIVIDEND PER SHARE (YEN) FY11 FY12 FY13 FY14 FY15 FY16 FY17 (Forecast) www.nissan-global.com © Copyright NISSAN MOTOR CO., LTD. All rights reserved. 17 Appendix

  10. Slide 10: Sales financing funding structure and portfolio mix

    (AS OF JUNE 2017) TOTAL FUNDING AMOUNT: 9,698 BILLION YEN Equity Group Finance 10.9% (Inter-Company) 15.7% ABS Off B/S 1.4% Commercial Paper 4.7% ABS On B/S S/T Loan 25.2% 4.5% L/T Loan 22.5% Bonds 15.1% www.nissan-global.com © Copyright NISSAN MOTOR CO., LTD. All rights reserved. 19 (%) NFS NMAC NC

  11. Slide 11: Net Credit Loss Ratio; Operating Profit & Asset

    NET CREDIT LOSS RATIO FY16 FY17 VARIANCE 1Q 1Q Lease: 0.02% Lease: 0.02% Lease: 0.00% NFS Retail: 0.11% Retail: 0.09% Retail: -0.02% Lease: 0.27% Lease: 0.51% Lease: +0.24% NMAC Retail: 0.79% Retail: 1.33% Retail: +0.54% Lease: 0.10% Lease: 0.09% Lease: -0.01% NCF Retail: 0.36% Retail: 0.29% Retail:

  12. Slide 12: Operating Profit Variance Analysis

    (TSE REPORT BASIS — CHINA JV EQUITY BASIS) OPERATING PROFIT VARIANCE ANALYSIS (BILLION YEN) FOREIGN EXCHANGE VOLUME SELLING IMPACT /MIX EXPENSES -2.1 +18.1 -50.8 USD +8.3 (108.0 ⇒111.1) JPN +21.7 VOL*: +19.1 JPN -6.9 INCENTIVES: -6.4 MIX: +2.6 OTHERS: -0.5 MXN -4.6 (5.96 ⇒5.99) US +25.1 VO L*: +7.5

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