Nissan Motor Co Ltd
Company Profile
Business description
While Nissan sold 3.4 million vehicles last fiscal year, total calendar 2023 Renault-Nissan-Mitsubishi alliance sales volume of 6.4 million vehicles makes the group the fourth-largest vehicle seller in the world, behind Toyota at 11.2 million, Volkswagen at 9.2 million, and Hyundai/Kia with 7.3 million vehicles sold. Nissan's financial services subsidiary provides consumers with auto loans and leases but also finances Nissan's sales to its dealerships (known as floor-plan financing). Under a new alliance agreement, Nissan and Renault will have cross-shareholding capped at 15% voting rights for each company. Renault holds the remaining stake in Nissan through a French trust where the voting rights of such shares are “neutralized” for “most decisions” but retain the economic benefit.
Contact
1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi
Kanagawa220-8686
JPNSector
Consumer Cyclical
Stock type
Cyclical
Industry
Auto Manufacturers
Fiscal Year End
31 March 2025
Employees
150,129
Morningstar Investment Ideas
Markets
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