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MarketScreener Homepage  >  Equities  >  Tokyo  >  Nissan Motor Co Ltd    7201   JP3672400003

NISSAN MOTOR CO LTD

(7201)
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Nissan Motor : Kite Packagings mobile test facility parks up at Nissan

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04/18/2019 | 06:54am EDT

Kites team at its Northeast Regional Distribution Centre, which has plans to move into a large base in Washington in June, were able to assess Nissans different packaging requirements using Kites Mobile Test Facility.

The truck has on board a range of packroom equipment, including a low profile machine, Sprick paper systems, 55 system, air cushioning and an over-head delivery system, allowing Kites team to find the most effective bespoke solutions for Nissans operation.

A number of key tier 1 suppliers attended the day, with everyone involved having the opportunity to explore the mobile test facilitys packaging solutions.

With JIT delivery (Just-in-time manufacturing) being a critical factor in the automotive sector, Kites North East Regional Distribution Centre located in Washington is situated close to many surrounding automotive businesses, therefore ensuring their production lines operate efficiently and uncompromised.

With the leading packaging suppliers enhanced service compared to their competitors, Kite understands the need for leading businesses in the automotive industry to be able to meet a range of requirements.

The open day oversaw Kite demonstrating how Nissan can meet these, including elements such as, reducing damages using innovative surface protection materials, utilising AutoCAD and Solidworks to visualise packaging concepts, reduce transport costs by improving cubic capacity through design and minimise environmental impact.

A spokesperson from Kite Packaging said: We thoroughly enjoyed the day at Nissan in which we were able to explore innovations within the packaging industry that provide Nissan with effective, bespoke solutions. Thank you to all tier 1 suppliers for making the day such a huge success.

(c) 2019 The Times of Israel. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (JPY)
Sales 2019 11 674 B
EBIT 2019 -
Net income 2019 439 B
Debt 2019 6 582 B
Yield 2019 5,90%
P/E ratio 2019 8,49
P/E ratio 2020 7,66
EV / Sales 2019 0,91x
EV / Sales 2020 0,90x
Capitalization 4 041 B
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Mean consensus HOLD
Number of Analysts 20
Average target price 998  JPY
Spread / Average Target 4,2%
EPS Revisions
Managers
NameTitle
Hiroto Saikawa Vice Chairman, President & Chief Executive Officer
Hiroshi Karube Chief Financial Officer
Takao Asami Senior Managing Executive Officer & Head-Research
Anthony Thomas Chief Information Officer & Corporate VP
Carlos Ghosn Bichara Director
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