I am Takashi Tomiyama, the President of Nissan Shatai Co., Ltd.

In the fiscal year ending in March 2025, the economy of Japan continued its trend of moderate recovery thanks to the improved employment and income environment, while on the other hand it was necessary to be aware of the risk that the downturn in overseas economic conditions would drag down the Japanese economy.
As for the environment surrounding the Nissan Shatai Group, the outlook continued to be uncertain due to the rise in raw material prices, demand fluctuations, etc.
In this environment, the volume of orders from Nissan Motor Co., Ltd. increased by 5.3% compared to the previous fiscal year to 146,521 units.
Net sales increased by 16.4% to 350.5 billion yen mainly due to the increase in sales of the all-new INFINITI QX80, the all-new Patrol, and the all-new Armada, which have higher sales prices than previous models.
Looking at income and loss, while operating income was lower than in the first half of the fiscal year due to additional costs incurred in the first half of the fiscal year for production of new models among other factors, it increased by 425.7% compared to the previous fiscal year to 5.1 billion yen thanks to the launch of the all-new Armada in the second half of the year combined with the resolution of component supply shortages caused by the impact of the Noto Peninsula Earthquake that occurred in the fourth quarter of the previous fiscal year. Meanwhile, ordinary income increased by 319.9% to 5.8 billion yen, and profit attributable to owners of parent for the fiscal year increased by 645.1% to 3 billion yen.

Our three major businesses are as follows.
The first business is “commercial vehicles and premium cars.”
Through the evolution and deepening of uniqueness, we will work toward the enhancement of manufacturing technological capabilities and productivity, and raise the added value of the products to expand profits and the number of units sold.
The second business is “specially equipped vehicles.”
In the specially equipped vehicle business, in which future growth potential and high profitability can be expected, we will work toward business expansion by responding rapidly to the diversifying needs of our customers.
The third business is “support businesses.”
We will work toward expansion of production volume and business volume in our full range of support businesses, including service parts, engineering consignments, prototyping, molds and tools, and facilities.

In fiscal year 2023, Nissan Shatai has started a Medium-Term Management Plan covering fiscal years 2023 to 2027 with an awareness of the environmental changes of “the necessity of a response to climate change,” “changes in the needs of the market,” “increase in the societal responsibilities required of companies” and “changes in the working population and the awareness of employees.”

Taking into account these environmental changes, we have defined our Vision for our Future as "Contribute to society through our commercial vehicles, premium cars, specially equipped vehicles, and support businesses and become the one and only presence trusted by our customers" and we are working to expand these three major businesses.

The first pillar is “Sustainable corporate foundation.”
In this Medium-term Management Plan, we advocate a “Sustainable corporate foundation” in as the central pillar of our activities, and we are tackling ESG issues, namely “environmental,” “social” and “governance” issues to promote business activities centered on sustainability.
The second pillar is “Creation of appealing products.”
In fiscal year 2024, the Infiniti QX80, the Nissan Patrol, and the Armada underwent a full model change. Equipped with various advanced technologies, they serve as Nissan’s flagship models representing our pursuit of luxury, power, and comfort.
As for specially equipped vehicles, we achieved a record number of orders for our high-spec ambulance (Paramedic). In addition, following the Caravan MYROOM in the in-car accommodation series, we began production of the compact-sized NV200 Vanette MYROOM, which has been well received.
The third pillar is “Evolution and deepening of uniqueness.”
The Shonan Plant plans to terminate AD production at the end of this year, and will establish optimal processes to accommodate production of remaining NV200 Vanette.
Nissan Shatai Kyushu is working to further improve productivity and increase production capacity to meet the high market demand for the three new models it started producing in FY2024.
For service parts production, we will promote technological development, such as processes for low-volume production, aiming to expand business and increase profitability.

In the halfway point of the 2023-2027Medium-term Management Plan, Nissan Shatai wants to further enhance trust from stakeholders by bolstering integrated manufacturing operations that extend from development to production, which is our strength, and working to improve legal compliance and corporate governance.
Going forward, we will continue to devote ourselves to manufacturing high-quality, safe and environmentally friendly vehicles that offer our customers reliability and satisfaction.