Nissan Shatai : FY2022 Second Quarter Presentation Slides

Code no.: 7222

FY 2022 Second Quarter

(Fiscal Year-to-Date)

Financial Results

(Fiscal year ending March 31, 2023)

November 2022

FY 2022 Second Quarter (Fiscal Year-to-Date)

Earnings Results Highlights

The environment surrounding the Nissan Shatai Group continues to be tough due to the impact of supply problems for some parts caused by the shortages of semiconductors, price rises for materials and energy, and other issues. Although unit sales decreased caused by the parts supply problems, sales of passenger vehicles grew, resulting in net sales increase. Earnings declined due to the impact of the rise in the price of materials and other problems.

Vehicle sales

volume

Net sales

Decreased 1.5% year-on-year to 60,491 units, mainly due to the decline in light commercial vehicles caused by the parts supply problems, although the number

of units of passenger vehicles sold increased.

increased by 15.7 billion yen year-on-year to 130.9 billion yen. Although they were greatly impacted by the decline in the number of units sold for light commercial vehicles such as the AD and NV200 Vanette, etc., sales of passenger vehicles such as the Patrol and INFINITI QX80, etc. grew.

Operating

income/loss

Ordinary income/loss

Income/loss

attributable to

owners of parent

the operating income/loss worsened by 0.4 billion yen to a loss of 1.0 billion yen due to the impact of the rise in the price of materials and other problems.

Worsened by 0.2 billion yen to a loss of 0.6 billion yen.

Worsened 0.3 billion yen to a loss of 0.5 billion yen.

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FY 2022 Second Quarter (Fiscal Year-to-Date)

Financial Performance Highlights

	FY2021	FY2022	Variance		FY2022
	2Q FYTD	2Q FYTD
	(Change vs. FY21 2Q(%))	(Forecast)
	(2021/4-9)	(2022/4-9)
Net sales	115,151	130,945	15,794	13.7%		314,300
Operating	(544)	(1,040)	(496)	-		9,500
income/loss
Ordinary	(339)	(633)	(294)	-		9,900
Income/loss
Income/loss	(211)	(544)	(333)	-		6,400
attributable to owners
of parent
Note: Nissan Shatai has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29, March 31, 2020), etc. effective from	(Million yen)
the beginning of the first quarter of the previous consolidated fiscal year. The Accounting Standard for Revenue Recognition has been

accounted for in the consolidated financial results for the fiscal year ending in March 2022, and the year-on-year increase/decrease of net sales is not presented as the application of the Accounting Standard for Revenue Recognition will have significant effect on net sales.

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FY 2022 Second Quarter (Fiscal Year-to-Date)

Sales Breakdown by Product Area

Microbuses	Vehicle parts and other
5,664 million yen
products
4.3%
8,422 million yen

Light commercial vehicles

6.4 %

20,130 million yen

15.4 %130,945

Million yen

Passenger vehicles

96,728 million yen

73.9 %

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FY 2022 Second Quarter (Fiscal Year-to-Date)

Vehicle Sales Volume

Decreased 1.5% year-on-year to 60,491 units, mainly due to the decline in light commercial vehicles caused by the parts supply problems, although the number of units of passenger vehicles sold increased.

61 60

(Thousand units)

(Thousand units)		FY2021	FY2022	Variance
		2Q FYTD	2Q FYTD
	Passenger	32	38	17.8%
	vehicles
	Light	26	18	▲30.6%
	commercial
	vehicles
	Microbuses	3	5	32.5%
	Total	61	60	▲1.5%

FY21	FY22
2Q FYTD	2Q FYTD

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