Nissan Motor Co., Ltd. · TSE:7201
Nissan Motor — FY2013 Earnings Presentation
15 slides from Nissan Motor's earnings presentation, May 12, 2014
Slide 1: Fiscal year 2013 Financial results
Fiscal year 2013 Financial results Nissan Motor Co., Ltd May 12, 2014 FY13 results Mid-term action plan FY14 outlook (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 2
Slide 2: Key performance indicators: financial results
Key performance indicators: financial results (management pro forma basis* ) (billion yen) Operating Free cash flow Net cash Net revenue Net income profit (Auto) (Auto) 1,133.7 11,434.8 915.9 9,629.6 605.7 523.5 389.0 342.4 248.6 208.1 FY12 FY13 * Based on continuation of proportional consolidation
Slide 3: FY13 sales performance: Japan and China
FY13 sales performance: Japan Retail volume ■ TIV: 5.69 million units, +9.2% +11.1% ■ Sales: 719 k units, +11.1% (thousand units) 719 647 ■ Market share: 12.6%, +0.2 points ■ New X-Trail: 24.0 k units since launch FY12 FY13 ■ DAYZ / DAYZ ROOX: 139.8 k units since Market share launch +0.2 points X-Tr
Slide 4: FY13 sales performance: North America and Europe
FY13 sales performance: North America US Retail volume ■ US • TIV: 15.65 million units, +6.4% +13.0% (thousand units) • Sales: 1,285 k units, +13.0% 1,285 • Market share: 8.2%, +0.5 points 1,138 ■ Canada • Sales: 96 k units, +20.9% FY12 FY13 • Market share: 5.5%, +0.7 points ■ Mexico US Market share
Slide 5: FY13 financial performance
FY13 sales performance: Other markets ■ Estimated TIV: 20.70 million units, -3.0% ■ Sales: 879 k units, -8.5% Retail volume Asia & Oceania: 363.3 k units, -17.8% Latin America: 186.3 k units, -16.1% -8.5% (thousand units) Middle East: 226.4 k units, +22.5% 959 879 Datsun GO Terrano FY12 FY13 (C) Cop
Slide 6: Operating profit variance analysis and net cash
FY13 financial performance (management pro forma basis* ) Operating profit variance analysis +70.4 (billion yen) +202.6 +247.6 -266.5 -24.2 605.7 523.5 -36.8 -72.1 -38.8 FY12 FOREX Purch. cost Volume Selling R&D MFG Warranty Other FY13 O.P. reduction / mix exp. / exp. exp. & items O.P. (Including ra
Slide 7: FY13 financial performance (TSE report basis)
FY13 financial performance (TSE report basis - China JV Equity basis ) (billion yen) FY12 FY13 Change Variance vs. FY12 (%) Net revenue 8,737.3 10,482.5 +1,745.2 +20.0% Operating profit 438.8 498.4 +59.6 +13.6% OP margin 5.0% 4.8% Non-operating 65.6 28.8 Ordinary profit 504.4 527.2 +22.8 +4.5% Extra
Slide 8: Mid-term action plan: brand and sales power
Mid-term action plan Brand and sales power 65th 2013 Unranked 2010 (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 15 Mid-term action plan Management focus 3 region structure 6 region structure ■ China ■ Americas ■ Europe ■ Asia, Oceania ■ Japan, Asia, Oceania ■ Europ
Slide 9: Zero-emission leadership and new capacity
Mid-term action plan Zero-emission leadership Nissan e-NV200 Nissan LEAF Nissan LEAF Taxi (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 17 Mid-term action plan New capacity coming online Russia, St. Petersburg China, Dalian Thailand Brazil, Resende Indonesia New pla
Slide 10: Accelerating Alliance synergies
Mid-term action plan Accelerating Alliance synergies Converged four key business functions Launched 1st Alliance CMF vehicles • Purchasing • Research & Development • Manufacturing & Logistics • Human Resources Target : >€4.3 billion annualized synergies (C) Copyright NISSAN MOTOR CO., LTD. www.nissa
Slide 11: New products: FY14 introductions
New products FY14 introductions Datsun on-DO (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 21 New products FY14 introductions Nissan e-NV200 (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 22
Slide 12: New products: FY14 introductions
New products FY14 introductions Nissan e-NV200 Nissan Murano Nissan New global pick-up Nissan New C-H/B Infiniti Q50 LWB Infiniti QX50 LWB Datsun GO+ Datsun on-DO Venucia R30 Venucia e30 (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 23 FY13 results Mid-term action p
Slide 13: FY14 sales outlook
FY14 sales outlook TIV* Retail volume vs. FY13 **M/S 6.7% vs. FY13 **M/S 6.2% 5,650 Global +8.9% 83.11 84.42 Global +1.6% 4.89 Japan -14.1% 5,188 640 Japan -11.0% *** 22.07 China +6.4% 1,430 China +17.6% (thousand units) North (million units) 18.81 +1.8% North America 1,760 +6.8% (15.90) (US) (+1.6%
Slide 14: FY14 outlook operating profit analysis
FY14 outlook (TSE report basis - China JV Equity basis) Operating profit variance analysis (billion yen) +85.0 535.0 498.4 +25.0 -18.4 -55.0 FY13 FOREX M&S Monozukuri G&A FY14 O.P. and O.P. TSE report other costs TSE report Actual outlook (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com Al
Slide 15: FY14 shareholder return outlook
FY14 shareholder return outlook ■ Increase minimum targeted payout ratio from 25% to 30% 10% increase dividend per share (yen) 33 30 25 20 10 FY10 FY11 FY12 FY13 FY14 (Forecast) (C) Copyright NISSAN MOTOR CO., LTD. www.nissan-global.com All rights reserved. 29 (C) Copyright NISSAN MOTOR CO., LTD. ww