A Nissan Ariya electric car is on display during 2020 Beijing International Automotive Exhibition (Auto China 2020) at China International Exhibition Center on September 27, 2020 in Beijing, China.Nissan is targeting an additional 1 million vehicle sales by the end of fiscal 2026 and a 30% reduction in electric vehicle production costs by 2030, the Japanese carmaker announced Monday.In a new medium-term business plan, Nissan also said it would launch 30 new models by fiscal year 2026, with 16 of these elect ...

eyewave Elevator Pitch I rate Nissan Motor Co., Ltd. (OTCPK:NSANY) [7201:JP] stock as a Buy. Previously, I touched on Nissan Motor's financial outlook and shareholder capital return in my December 21, 2023 write-up. My latest update details NSANY's recent news flow and developments which have positive read-throughs for the company's future share price and financial performance. My decision is to upgrade my rating for Nissan Motor from a Hold to a Buy, as I think that the company's pace of electrification an ...

Nissan Motor Co., Ltd. (NSANY) and Honda Motor Co., Ltd. (HMC) are contemplating a business partnership to develop economical electric vehicles (EVs) and compete with their China-based rivals. The collaboration may include the development of a new EV platform.Nissan is considering joint procurement for certain parts and component sharing with Honda to reduce the cost of their respective EVs. The discussion between the automakers is still in the early stages and Honda’s take on the partnership is unclear.The ...

Investors might want to bet on Nissan Motor Co. (NSANY) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, March 7:Nissan Motor Co., Ltd. (NSANY) : This automobile company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.9% over the last 60 days.Nissan Motor has a price-to-earnings ratio (P/E) of 5.29 compared with 5.90 for the industry. The company possesses a Value Score of A.Toll Brothers, Inc. (TOL) : This luxury home builder company carries a ...

Kohei Takahashi Julian Krell - Head of Investor Relations Kei Nihonyanagi - Bank of America Merrill Lynch Yoshitaka Ishiyama - Mizuho Securities The presentation material can be found on the Nissan IR website. Please be informed of the disclaimer included on the last page of the document and read it carefully. Thank you. Thank you, good evening and good afternoon to everybody. So welcome to the third quarter result for the nine months ending December 31 2023. So before addressing our results I want to expre ...

NISSAN MOTOR CORPORATION FY2023 FIRST-QUARTER FINANCIAL RESULTS July 26th, 2023 Net Revenue year on year Q1 Highlights Delivering continued performance Operating profit +98% year on year Net income +124% year on year 2 1 FY2023 Q1 Financial Results 2 FY2023 Outlook 3 China Status Update T FY2023 Q1 Financial Results FY23 Q1 Volume Results (Thousand units) Retail Sales Production | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------|-------|-----------|-------------------|--------- ...

Nissan Motor Co., Ltd. (OTCPK:NSANY) Q1 2023 Earnings Call July 26, 2023 4:30 AM ET Company Participants Makoto Uchida - President and Chief Executive Officer Stephen Ma - Chief Financial Officer Conference Call Participants Operator Begin the presentation, our fiscal year 2023 First Quarter Financial Results of Nissan Motor Co., we deeply appreciate the heavy attendance. The company is represented by our President and CEO, Mr. Uchida Makoto; and CFO, Mr. Stephen Ma. First of all, CEO, Mr. Uchida will give ...

Financial Data and Key Metrics Changes - For the fiscal year 2022, Nissan's net revenue increased to ¥10.6 trillion, up ¥2.17 trillion from the previous year, driven by improved net revenue per unit and a weaker yen [18][24] - Operating profit rose to ¥377.1 billion, representing an operating margin of 3.6%, an increase of ¥129.8 billion from the prior year [18][24] - Net income for the fiscal year was ¥221.9 billion, which would have been ¥341.9 billion excluding a one-time loss from exiting the Russian market [18][25] Business Line Data and Key Metrics Changes - Global unit sales for the fiscal year declined by 14.7% to 3.305 million units, with significant drops in China and North America, while Japan saw a 6.1% increase [6][7][8] - In North America, unit sales decreased by 13.5% to 1.023 million vehicles, while in Europe, sales fell by 9.2% to 308,000 units [8][10] - The electrification ratio in Japan increased by 9 points to 48%, with cumulative electrified unit sales surpassing 800,000 since 2016 [12] Market Data and Key Metrics Changes - In China, unit sales dropped by 24.3% to 1.045 million units due to COVID-related production issues, while Japan's sales increased amid rising demand for electrified models [6][7] - North American sales increased by 17.4% to 316,000 units in Q4, while European sales rose 28.7% to 100,000 units, reflecting strong demand for electrified vehicles [10][14] - Overall, global production volumes fell by 8.8% year-on-year to 854,000 units in Q4, with a significant decline in China [9] Company Strategy and Development Direction - Nissan is transitioning from a volume-focused strategy to a value-oriented approach, emphasizing profitability and customer experience [11][28] - The company aims to increase its electrification mix to over 55% by 2030, with a current target of 11% for FY '22 [28] - Nissan NEXT, initiated in May 2020, focuses on rationalizing production capacity and costs while enhancing core markets and technologies [37][38] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing challenges such as semiconductor shortages and COVID disruptions but expressed optimism about gradual recovery and improved production capabilities [30][31] - The forecast for FY 2023 includes a projected global production volume of 4.1 million units and net revenue expected to rise by 17% to ¥12.4 trillion [32][34] - Management emphasized the need for agility in response to rapidly changing market conditions, particularly in China [42] Other Important Information - Free cash flow for the automotive business was positive at ¥186.7 billion, indicating strong liquidity [19][21] - The company plans to propose a dividend of ¥10 per share for FY 2022 and aims for ¥15 or more per share for FY 2023 [35][36] - Nissan is focusing on developing all-solid-state batteries and enhancing its e-POWER technology to improve competitiveness in electrification [39][40] Q&A Session Summary Question: U.S. production and sales forecast - Management indicated plans to grow production and sales in the U.S. by enhancing product lines and improving dealer relationships, aiming for a 29% growth rate [47][48] Question: Sales finance business forecast - The sales finance business is expected to face challenges due to rising interest rates and delinquencies, but management remains confident in its solid financial position [50][51] Question: China market performance and strategy - Management acknowledged the rapid changes in the Chinese market and emphasized the need for agility and responsiveness to customer demands [53][60] Question: Nissan NEXT performance assessment - Management highlighted improvements in brand perception and dealer relationships as key factors in the ongoing transformation, despite challenges in achieving operating margin milestones [63][64] Question: Raw material impact and production volume guidance - Management noted that raw material prices have plateaued and are expected to stabilize, allowing for better production volume guidance moving forward [80][82]