Nissan Shatai : FY2022 Third Quarter Presentation Slides

Code no.: 7222

FY 2022 Third Quarter

(Fiscal Year-to-Date)

Financial Results

(Fiscal year ending March 31, 2023)

February 2023

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

Earnings Results Highlights

Regarding the environment surrounding the Nissan Shatai Group, it is necessary to closely monitor the uncertain outlook. Although production activities greatly recovered year-on-year, the impact of supply problems for some parts caused by the shortages of semiconductors, price rises for materials and energy, and other issues continued. Net sales and income increased as a result of vehicle sales volume growth.

Vehicle sales

volume

Net sales

Operating

income/loss

Ordinary income/loss

Income/loss

attributable to

owners of parent

Increased 26.8% year-on-year to 100,590 units.

Increased by 73.2 billion yen year-on-year to 218.7 billion yen because sales of passenger vehicles such as the Armada and Patrol, etc. grew.

Increased by 6.3 billion yen to 1.5 billion yen due to the increase in the volume of orders and other factors.

Increased by 6.4 billion yen to 2.0 billion yen.

Increased by 4.7 billion yen to 1.6 billion yen due to the booking of extraordinary income of reversal of recall expenses, and other factors.

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

Financial Performance Highlights

					(Million yen)
	FY2021	FY2022	Variance		FY2022
	3Q FYTD	3Q FYTD
	(Change vs. FY21 2Q(%))	(Forecast)
	(2021/4-12)	(2022/4-12)
Net sales	145,451	218,737	73,286	50.4%	309,600
Operating	(4,828)	1,537	6,365	-	3,800
income/loss
Ordinary	(4,375)	2,090	6,465	-	4,500
Income/loss
Income/loss	(3,126)	1,669	4,795	-	3,100
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

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 Third Quarter (Fiscal Year-to-Date)

Sales Breakdown by Product Area

Microbuses	Vehicle parts and other
9,970 million yen
products
4.6%
14,198 million yen

Light commercial	6.5 %
vehicles
34,154 million yen	218,737
15.6 %
Million yen
	Passenger vehicles
	160,414 million yen
	73.3 %

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

Vehicle Sales Volume

Increased 26.8% year-on-year to 100,590 units.

				101						(Thousand units)
	79		(Thousand units)		FY2021	FY2022	Variance
							3Q FYTD	3Q FYTD
								Passenger	37	63	67.7%
								vehicles
								Light	37	30	▲17.7%
								commercial
								vehicles
								Microbuses	5	8	47.9%
								Total	79	101	26.58%
		FY21		FY22
	3Q FYTD	3Q FYTD

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