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Nissan Motor Co Ltd (7201.T)

7201.T on Tokyo Stock Exchange

780JPY
17 May 2019
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Latest Key Developments (Source: Significant Developments)

Nissan Recognises 4.411 Billion Yen Of Expense In FY Ended March 2019 Related To Director Compensation Of Ex-Chairman Ghosn And Other Matters
Tuesday, 14 May 2019 

May 14 (Reuters) - Nissan Motor Co Ltd <7201.T>::HAVE RECOGNISED 4.411 BILLION YEN OF EXPENSE IN FY ENDED MARCH 2019 RELATED TO DIRECTOR COMPENSATION OF EX-CHAIRMAN GHOSN AND OTHER MATTERS.INVESTIGATION IS STILL ON-GOING AND FINAL AMOUNT MIGHT DIFFER FROM THE ESTIMATE BOOKED.  Full Article

Nissan's FY2018/19 Operating Profit Is Lowest Since FY Ended March 2010
Tuesday, 14 May 2019 

May 14 (Reuters) - Nissan Motor Co Ltd <7201.T>::FY2018/19 OPERATING PROFIT IS LOWEST SINCE FY ENDED MARCH 2010.FORECASTS LOWEST OPERATING PROFIT SINCE FY ENDED MARCH 2009 FOR CURRENT FISCAL YEAR.SEE FY2019/20 GLOBAL RETAIL SALES OF 5.54 MILLION VEHICLES VERSUS 5.52 MILLION VEHICLES LAST FY.SEE FY2019/20 N.AMERICA SALES OF 1.79 MILLION VEHICLES VERSUS 1.9 MILLION VEHICLES LAST FY.SEE FY2019/20 CHINA SALES OF 1.71 MILLION VEHICLES VERSUS 1.56 MILLION VEHICLES LAST FY.SEE FY2019/20 JAPAN SALES OF 610,000 VEHICLES VERSUS 596,000 VEHICLES LAST FY.SEE FY2019/20 EUROPE SALES OF 600,000 VEHICLES VERSUS 643,000 VEHICLES LAST FY.ASSUME AVERAGE US DOLLAR RATE OF 110.0 YEN IN FY2019/20 VERSUS 110.9 YEN LAST FY.ASSUME AVERAGE EURO RATE OF 129 YEN IN FY2019/20 VERSUS 128.4 YEN LAST FY.CHANGES FY2022/23 OPERATING MARGIN TARGET TO AROUND 6% FROM 8%.CHANGES FY2022/23 REVENUE TARGET TO 14.5 TRLN YEN FROM 16.5 TRLN YEN IN MIDTERM BUSINESS PLAN.FORECASTS CUT IN FULL-YEAR DIVIDEND TO 40 YEN PER SHARE IN CURRENT YEAR VERSUS FORECAST 57 YEN PER SHARE FOR YEAR ENDED MARCH.  Full Article

Nissan Corrects Ex-Chairman Ghosn's Total Compensation For Five Fiscal Years
Tuesday, 14 May 2019 

May 14 (Reuters) - Nissan Motor Co Ltd <7201.T>, in regulatory filing::CORRECTS EX-CHAIRMAN GHOSN'S TOTAL COMPENSATION FOR YEAR ENDED MARCH 2014 TO 2.313 BILLION YEN FROM 995 MILLION YEN IN SECURITIES FILING.CORRECTS GHOSN'S TOTAL COMPENSATION FOR YEAR ENDED MARCH 2015 TO 2.213 BILLION YEN FROM 1.035 BILLION YEN.CORRECTS GHOSN'S TOTAL COMPENSATION FOR YEAR ENDED MARCH 2016 TO 2.894 BILLION YEN FROM 1.071 BILLION YEN.CORRECTS GHOSN'S TOTAL COMPENSATION FOR YEAR ENDED MARCH 2017 TO 3.740 BILLION YEN FROM 1.098 BILLION YEN.CORRECTS GHOSN'S TOTAL COMPENSATION FOR YEAR ENDED MARCH 2018 TO 2.869 BILLION YEN FROM 735 MILLION YEN.  Full Article

Nissan CEO Saikawa Says Difference In Opinion With Renault Regarding Capital Participation
Tuesday, 14 May 2019 

May 14 (Reuters) - Nissan Motor Co Ltd <7201.T>::NISSAN CEO SAIKAWA: WOULD LIKE TO REESTABLISH RELATIONSHIP WITH RENAULT.NISSAN CEO SAIKAWA: NISSAN, RENAULT HAVE CONFIDENCE IN EACH OTHER.NISSAN CEO SAIKAWA: CAPITAL PARTICIPATION IS ONE OF THE SUBJECTS WE ARE DISCUSSING WITH RENAULT CHAIRMAN SENARD.NISSAN CEO SAIKAWA: THERE IS A DIFFERENCE IN OPINION BETWEEN NISSAN, RENAULT REGARDING CAPITAL PARTICIPATION; WE RECOGNISE THIS.NISSAN CEO SAIKAWA: WE ARE OPENLY DISCUSSING THIS DIFFERENCE IN OPINION.NISSAN CEO SAIKAWA: WHAT WE AGREE ON IS THAT THIS IS NOT THE RIGHT TIME TO BE DISCUSSING THIS SUBJECT, MUST PRIORITISE NISSAN'S RECOVERY.NISSAN CEO SAIKAWA: RENAULT'S SENARD SUPPORTS THIS VIEW.NISSAN CEO SAIKAWA: OUR PERFORMANCE HAS HIT ROCK BOTTOM; WOULD LIKE TO RETURN TO NISSAN'S ORIGINAL PERFORMANCE LEVEL IN 2-3 YRS.NISSAN CEO SAIKAWA: PLANS TO HAND OVER REIGNS AT COMPANY AT APPROPRIATE TIME, CAN'T SAY MORE ON THIS AT THE MOMENT.NISSAN CEO SAIKAWA: CAN'T COMMENT ON MEDIA REPORTS OF MERGER PROPOSAL.NISSAN CEO SAIKAWA: I HAVE BEEN NEGATIVE TO THE IDEA OF A FULL MERGER; THIS VIEW HASN'T CHANGED.NISSAN CEO SAIKAWA: RENAULT'S SENARD SEES MERGER AS THE DIRECTION FOR NISSAN AND RENAULT BUT SENARD IS OPEN TO DISCUSSING OTHER DIRECTIONS.NISSAN CEO SAIKAWA: OUTRIGHT INTEGRATION BETWEEN NISSAN AND RENAULT COULD UNDERMINE INTERNAL STRENGTHS OF EACH COMPANY.  Full Article

Nissan Files Correction Reports Of Prior Disclosures Of Director Compensation In Annual Securities Reports For FY2005 To FY2017
Tuesday, 14 May 2019 

May 14 (Reuters) - Nissan Motor Co Ltd <7201.T>::FILED CORRECTION REPORTS TUESDAY OF PRIOR DISCLOSURES OF DIRECTOR COMPENSATION IN ANNUAL SECURITIES REPORTS FOR FY2005 TO FY2017 WITH THE KANTO LOCAL FINANCIAL BUREAU.  Full Article

Nissan To Forecast Operating Profit Of About 200 Bln Yen For FY2019/20 - Nikkei
Tuesday, 14 May 2019 

May 14 (Reuters) - Nissan Motor Co Ltd <7201.T>::NISSAN TO FORECAST OPERATING PROFIT OF ABOUT 200 BILLION YEN ($1.82 billion) FOR FY2019/20 - NIKKEI.NISSAN SHARES DOWN 2.4 PERCENT.  Full Article

Alliance Ventures And Plug And Play Agreed To A Three-Year Partnership In China
Thursday, 9 May 2019 

May 9 (Reuters) - Alliance Ventures: :ALLIANCE VENTURES - ALLIANCE VENTURES AND PLUG AND PLAY AGREED TO A THREE-YEAR PARTNERSHIP IN CHINA.ALLIANCE VENTURES - ALLIANCE VENTURES WILL INVEST UP TO $1 BILLION BY 2022 TO SUPPORT OPEN INNOVATION.  Full Article

Nissan's Chief Executive Hiroto Saikawa And The Japanese Government Have Refused To Engage In Merger Talks With Renault - FT
Friday, 26 Apr 2019 

April 26 (Reuters) - :NISSAN’S CHIEF EXECUTIVE HIROTO SAIKAWA AND THE JAPANESE GOVERNMENT HAVE REFUSED TO ENGAGE IN MERGER TALKS WITH RENAULT - FT.  Full Article

Tokyo Court Says Prosecutors File Appeal Against Ghosn Bail Decision
Thursday, 25 Apr 2019 

April 25 (Reuters) - Nissan Motor Co Ltd <7201.T>::TOKYO COURT SAYS PROSECUTORS FILE APPEAL AGAINST GHOSN BAIL DECISION.  Full Article

Jeff Pope Appointed Group Vice President, INFINITI Americas
Wednesday, 24 Apr 2019 

April 24 (Reuters) - INFINITI Americas::INFINITI AMERICAS - JEFF POPE IS APPOINTED GROUP VICE PRESIDENT, INFINITI AMERICAS EFFECTIVE MAY 1, 2019.  Full Article

UPDATE 6-Trump declares some auto imports pose national security threat

WASHINGTON, May 17 U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan.