FY 2010 first-half financial results

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Doreen Wheeler
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1 FY 2010 first-half financial results November 4, 2010 Nissan Motor Co., Ltd. first-half financial results Key performance indicators: Financial results (billion yen) Net revenue Operating profit Net income Free cash flow (Auto) Net debt (Auto) +27.7% 3, , % ,215.9% first-half financial results

2 first-half update Nissan's approach for the environment Nissan LEAF EV Series Idling Stop Clean Diesel Hybrid Low CO2 (Low-fuel Consumption) 2 first-half financial results first-half update Product launches Juke Orders in Japan (As of Oct 15): > 20,000 Pre-orders in Europe (Start of sales: Sep 2010): > 30,000 March/Micra Elgrand Orders in Japan (As of Oct 15): > 23,000 Pre-orders in Europe (Start of sales: Nov 2010): > 20,000 Orders in Japan (As of Oct 15): > 14,000 Infiniti M to Europe Infiniti QX to US, Europe and Middle East All-new global launches Regional launches 3 first-half financial results

3 first-half sales performance first-half financial performance outlook 4 first-half financial results first-half sales performance: Global TIV* (6.08) Change vs. All regions +14.5% Japan North America (US) +16.8% +8.0% (+8.3%) Retail volume 1,623 2, Change vs. All regions +23.8% Japan +15.3% (million units) Europe China -3.5% +45.6% 580 (445) North America (US) Europe China +11.8% (+9.8%) +12.6% +51.4% 8.99 Others +18.4% 321 Others +32.9% *Nissan s estimation 5 first-half financial results

first-half sales performance: Japan Retail volume 285 15.3% 328 TIV increased 16.8% to 2.

1-0.2% 12.9 Juke Elgrand 6 first-half financial results first-half sales performance: North America US retail volume +9.

4 k units, trucks increased 27.3% to 78.1 k units and Infiniti increased 28.3% to 27.5 k units Canada: Sales increased 4.2% to 47.

4 first-half sales performance: Japan Retail volume % 328 TIV increased 16.8% to 2.5 million units 2Q sales in Japan increased 12.5% to k units due to Juke, new March and new Elgrand March Market share (%) % 12.9 Juke Elgrand 6 first-half financial results first-half sales performance: North America US retail volume +9.8%* 406 US market share +0.1% 445 TIV increased 8.3%* to 6.1 million units in US 2Q sales in US increased 0.4% to k units, trucks increased 27.3% to 78.1 k units and Infiniti increased 28.3% to 27.5 k units Canada: Sales increased 4.2% to 47.2 k units, market share stable at 5.4% Mexico: Sales increased 28.6% to 86.5 k units, market share improved 2.9% to 23.0% M Rogue (%) 7 *Variances on a straight-percentage basis first-half financial results

first-half sales performance: Europe Retail volume 246 +12.6% 277 TIV decreased 3.5% to 8.

9% from 30.7 k units to 42.6 k units Market share: Market share +0.4% Russia 4.2% 4.1% Europe excl.

1 (%) Note QASHQAI series 8 first-half financial results first-half sales performance: China (Jan to Jun)

2 million units Sales of Nissan and Infiniti models increased 48.

5 first-half sales performance: Europe Retail volume % 277 TIV decreased 3.5% to 8.9 million units Sales in Western Europe, increased by 8.6% to k units Sales in Russia increased 38.9% from 30.7 k units to 42.6 k units Market share: Market share +0.4% Russia 4.2% 4.1% Europe excl. Russia 2.6% 3.0% (%) Note QASHQAI series 8 first-half financial results first-half sales performance: China (Jan to Jun) Retail volume by brand % Nissan + Infiniti DFL TIV* increased 45.6% to 8.2 million units Sales of Nissan and Infiniti models increased 48.5% to 351 k units 3Q sales in China increased 20.4% to k units, thanks to Sylphy, QASHQAI and Teana Launched March in August 2010 Market share* +0.2% Teana Sylphy (%) *TIV for China : Passenger and LCV only 9 first-half financial results

first-half sales performance: Other markets Sales in Thailand increased 97.2% to 28.6 k units (2Q sales: +103.3% to 15.

1 k units) Sales in Australia increased 21.8% to 31.5 k units (2Q sales: +21.8% to 14 k units) Sales in Indonesia increased 85.2% to 18.

6 first-half sales performance: Other markets Sales in Thailand increased 97.2% to 28.6 k units (2Q sales: % to 15.6 k units) Retail volume % 321 Sales in Middle East increased 10.4% to 86.9 k units (2Q sales: +21.6% to 44.1 k units) Sales in Australia increased 21.8% to 31.5 k units (2Q sales: +21.8% to 14 k units) Sales in Indonesia increased 85.2% to 18.6 k units (2Q sales: +70.7% to 9.2 k units) March/Micra Livina series 10 first-half financial results first-half sales performance first-half financial performance outlook 11 first-half financial results

7 first-half financial performance (billion yen) Operating profit Non-operating Ordinary profit Extraordinary Net revenue 3, Variance 4, Change vs (%) +27.7% % % Profit before tax 20.3 Taxes Effective tax rate (56.9%) (29.0%) Minority interest Net income ,455.9% +2,215.9% FX rate 95.5 JPY/USD JPY/EUR 88.9 JPY/USD JPY/EUR -6.6 JPY/USD JPY/EUR 12 first-half financial results first-half financial performance Operating profit variance analysis (billion yen) O.P. 2Q only FOREX Net purchasing cost reduction Volume / mix Selling exp. Resale of returned lease vehicles R&D exp. Sales finance Others O.P. 13 first-half financial results

8 Net debt (Auto business) ( billion yen) Bil. JPY Bil. JPY* *Based on FX rates as of 3/31/2010 : USD : 93.0 EUR : FX Yen/USD End of month 2008 Dec 2009 Mar Jun Sep Dec 2010 Mar Jun Sep 14 first-half financial results Inventory management (New vehicles inventory) (Days) Dec 2009 Mar Jun Sep Dec 2010 Mar Jun Sep 0 Dealer inventory, except some minor countries 15 Days supply Consolidated Nissan inventory, except some minor countries first-half financial results

9 first-half sales performance first-half financial performance outlook 16 first-half financial results outlook Retail volume 3, ,067 (824) , ,205 (945) Previous Outlook 4, ,220 (945) Revised Outlook Global +16.7% Japan North America +14.3% (US) (+14.7%) Europe China Others vs. -2.4% +17.9% +27.1% +27.5% vs. Prev. Outlook +7.9% +2.5% +1.2% (±0.0%) +17.6% +11.6% +12.8% Production volume 3,282 1, ,750 1, ,050 1,140 1, Previous Revised Outlook Outlook Japan North America +3.6% +3.0% Europe +14.6% +24.4% Others vs. Prev. Outlook Global +23.4% +8.0% China vs % +21.9% +25.7% +11.8% +96.0% +7.5% 17 first-half financial results

10 outlook Revised on Nov. 4, 2010 (billion yen) (Actual) (Previous) May. 12, 2010 (A) * (Revised) Nov. 4, 2010 (B) * (B)-(A) Variance Net revenue 7, ,200.0 Operating profit Ordinary profit Net income , CAPEX sales ratio R&D sales ratio FX rate assumption (JPY/USD) % % 92.9 (JPY/EUR) % % % % 84.4 (2H: 80.0) (2H: 110.0) * Forecast 18 first-half financial results outlook Operating profit variance analysis ( actual vs latest forecast) (billion yen) O.P. FOREX Volume / mix Raw material / energy cost Purch. cost reduction Selling exp. Resale of returned lease vehicles R&D exp. Others * O.P. 19 * Forecast as of Nov. 4, 2010 first-half financial results

11 all-new product launches 10 all-new global launches 10 all-new global launches Europe Nissan LEAF Juke Micra QX M Japan Juke Elgrand Serena New mini March Nissan LEAF North America Nissan LEAF Quest Convertible Crossover NV Series QX Juke All-new global launches Regional launches Other markets Affordable sedan QX M 20 first-half financial results Third PURE DRIVE vehicle: Fuga Hybrid Intelligent Dual Clutch Control lithium-ion battery 21 first-half financial results

12 22 first-half financial results

FY2012 third-quarter financial results

FY2012 third-quarter financial results Nissan Motor Co., LTD. February 8, 2013 Key performance indicators: financial results (billion yen) Net revenue 6,698.4 6,755.2 Operating profit 427.8 Net income