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

NISSAN MOTOR CO LTD

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Nissan Motor Co., Ltd. : NISSAN LEAF SALES SURPASS 30,000 IN JAPAN

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10/08/2013 | 02:15am EDT

October 8, 2013

NISSAN LEAF SALES SURPASS 30,000 IN JAPAN
700 quick chargers will be installed at Nissan dealerships in Japan during the second
half of fiscal year 2013 to spur demand and improve the charging infrastructure

YOKOHAMA, Japan (October 8, 2013) - Sales of the Nissan LEAF in Japan have passed the 30,000 unit milestone. The cumulative total in Nissan's home market was reached at the end of September 2013, the same month that global sales of the Nissan LEAF topped 4,700 units-the LEAF's best-ever global monthly sales result to date. By the end of September, cumulative global sales of the Nissan LEAF since launch totaled 83,000 units.

The Nissan LEAF is the world's first mass-produced, 100% electric vehicle. It is also the best-selling EV, giving Nissan a leadership position in Zero Emissions mobility. Sales of the LEAF began in Japan and North America in December 2010. Now marketed in Europe and other countries, LEAF sales have steadily increased every year. In fiscal year 2012, Nissan sold 11,600 units in Japan, and even stronger year-on-year sales are expected for the end of this fiscal year.

This consistent increase in sales can be attributed to the surprisingly low running cost of the Nissan LEAF. In addition to being a zero-emissions vehicle, the LEAF's quick, linear acceleration and quiet cabin have proved a hit with daily commuters and car enthusiasts alike. The car is equipped with innovative telematics features that enable the remote operation of the car's air conditioning and battery charging by connecting through cellular phones and personal computers have captivated technology-savvy consumers.

Nissan has accelerated efforts to improve the EV battery charging infrastructure throughout Japan. By the end of September 2013, a total of approximately 1,900*1quick chargers had been installed nationwide by various companies and organizations. Among them, about 800 fast chargers have been established in Nissan dealerships, with an additional 700 planned to be added in the second half of this fiscal year. The Japanese government has subsidized this national effort with 100.5 billion yen to further expedite charging infrastructure improvements in Japan.

In addition to these developments, Nissan is holding an extended test drive campaign in Japan where consumers can stop by any Nissan dealer for a free LEAF test drive and experience firsthand the efficiency and convenience of this ground-breaking electric vehicle.

As a leader in zero-emission mobility, Nissan is continuing to develop electric vehicles that exceed our customers' expectations while engaging in comprehensive efforts to expand the use of electric vehicles and promote sustainable mobility. Its second mass production zero emission vehicle, the e-NV200 100% electric compact van, is scheduled for launch in 2014.

For further information about the Nissan LEAF and Zero Emissions, please visit:
http://www.nissan-zeroemission.com/EN/LEAF/

*1: As researched by Nissan in September 2013.

About Nissan Motor Co.
Nissan Motor Co., Ltd., Japan's second-largest automotive company, is headquartered in Yokohama, Japan, and is part of the Renault-Nissan Alliance. Operating with approximately 236,000 employees globally, Nissan sold more than 4.9 million vehicles and generated revenue of 9.6 trillion yen (USD 116.16 billion) in fiscal 2012. Nissan delivers a comprehensive range of over 60 models under the Nissan and Infiniti brands. In 2010, Nissan introduced the Nissan LEAF, and continues to lead in zero-emission mobility. The LEAF, the first mass-market, pure-electric vehicle launched globally, is now the best-selling EV in history.

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Financials (JPY)
Sales 2020 11 317 B
EBIT 2020 -
Net income 2020 285 B
Debt 2020 6 713 B
Yield 2020 5,74%
P/E ratio 2020 10,75
P/E ratio 2021 7,85
EV / Sales 2020 0,88x
EV / Sales 2021 0,86x
Capitalization 3 235 B
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Number of Analysts 21
Average target price 844  JPY
Spread / Average Target 10%
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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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