Reflecting on the Fiscal 2017-2022Medium-term Management Plan
More competitive vehicles
Nissan Shatai has refurbished the external appearance of "Patrol", "Patrol NISMO", and "Elgrand", and has introduced leading edge safety features. Furthermore, we have met the requirements of a range of more stringent regulations while enhancing fuel efficiency, by revamping the powertrains of commercial vehicles including "AD" and "NV200 Vanette". For example, we installed in "Caravan" a new model diesel engine which greatly enhances fuel efficiency and quietness. In this way, we continuously tackled the maintenance and expansion of the competitiveness of our products. Auto Works Kyoto launched a new model "PARAMEDIC" for the first time in 20 years and took the opportunity of the end of production of mass-produced vehicle models to be reborn as a plant specializing in specially equipped vehicles and work toward enhancing its product variations.
More competitive plants
The Shonan Plant is optimizing its fixed costs and variable costs and has started further right-sizing initiatives. Furthermore, Nissan Shatai Kyushu tackled high goals for quality, cost, and speed during high operation.
More competitive technologies and skills
Through the Technology Committee, Nissan Shatai built up LCV-specific technologies (LCV: Light Commercial Vehicles) and also established the technologies which will be key when producing the frame vehicles.
The foundation for all our activities
We have promoted diversity centered on the active participation of women and we have enhanced our various systems (childcare leave, family support leave, etc.). Furthermore, we have taken the opportunity of the final vehicle inspections issue to improve compliance and problem solutions and strengthen our ES (Employee Satisfaction) enhancement.
2
FY2022
Earnings Results Highlights
The uncertain outlook continued. In addition to the chaos in supply chains caused by the Shanghai lockdown until the second quarter, a situation in which the supply of parts was restricted as a consequence of the semiconductor shortages continued. From the third quarter onwards, production activities greatly recovered compared to the previous fiscal year, which was greatly impacted by the semiconductor shortages, but price rises for materials and energy had an impact. In this environment, net sales and income increased as a result of passenger vehicle sales volume growth.
Vehicle sales
volume
Net sales
Operating
income/loss
Ordinary income/loss
Increased 24.8% year-on-year to 141,983 units.
Increased by 92.1 billion yen year-on-year to 307.5 billion yen because sales of passenger vehicles such as the Patrol and Armada, etc. grew.
Increased by 7.9 billion yen to 4.3 billion yen due to the increase in the volume of orders.
Increased by 7.6 billion yen to 5.1 billion yen
Income/loss
Increased by 6.1 billion yen to 3.8 billion yen due to the booking of extraordinary
attributable to
income of reversal of recall expenses, and other factors.
owners of parent
3
FY2022
Financial Performance Highlights
(Million yen)
FY2021
FY2022
Variance
2022年度
（2022/3）
（2023/3）
計画
Net sales
215,359
307,521
92,162
42.8%
309,600
Operating
(3,538)
4,390
7,928
－
3,800
income/loss
Ordinary
(2,541)
5,118
7,659
－
4,500
Income/loss
Income/loss
attributable to owners
(2,217)
3,883
6,100
－
3,100
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 FY2021. 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.
4
FY2022
Sales Breakdown by Product Area
Microbuses14,566 million yen 4.7%
Light commercial vehicles
51,775 million yen
16.8%
307,521
Million
yen
Vehicle parts and other products
20,769 million yen
6.8%
Passenger vehicles
220,409 million yen
71.7%
5
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Nissan Shatai Co. Ltd. published this content on 31 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2023 09:13:02 UTC.
NISSAN SHATAI CO., LTD. is a Japan-based manufacturing company, principally engaged in the manufacture and sale of automobiles and automobile parts. The Company operates in three business segments. The Automobile-related segment is engaged in the manufacture and sale of passenger automobiles, commercial vehicles, small buses, automobile components and bodies, among others. The Equipment Maintenance segment is engaged in the production, construction and maintenance of production facilities. The Information Processing segment is engaged in the construction of information systems and the provision of maintenance and operation services, among others. The Company is also involved in the temporary staffing.
NISSAN SHATAI CO., LTD. 
