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16 Nissan Annual Report 2008
PERFORMANCE
FISCAL 2008 OUTLOOK
Sustainable Growth
Sales targets and new model launches
During fiscal 2008, Nissan’s sales are forecast to
reach 3.9 million units, a 3.5 percent rise from 2007.
The growth will come from our General Overseas
Markets (GOM) and Eastern Europe, particularly
Russia. Regional sales forecasts are as follows:
• Japan—720,000 units, the same as fiscal 2007
• North America—1,350,000 units, the same as
2007
• Europe—650,000 units, a 2.1 percent increase
over 2007
• GOM—1,180,000 units, an 11.3 percent
increase from 2007
In fiscal 2008, the company will launch nine all-new
models. They are as follows:
• Teana in Russia, Japan and China
• Infiniti FX in the U.S.
• Maxima in the U.S.
• Qashqai+2 in Europe
• NP200 in GOM
• Kix in Japan
• Cube in Japan
• Fairlady Z in Japan and the U.S.
• Infiniti G37 convertible in the U.S.
Financial outlook
In fiscal 2008, the global auto industry will face even
more relentless headwinds than those encountered
in 2007. The escalating costs of raw materials and
energy, the weakening U.S., European and Japanese
economies, and unfavorable foreign exchange rates
will continue to affect the industry. Considering this
environment, Nissan has established the following
forecast based on a projected foreign exchange rate
of 100 yen per dollar:
• Net revenue is predicted to reach ¥10.35 trillion
• Operating profit is estimated to be ¥550 billion
• Ordinary profit is expected to reach ¥545 billion
• Net income is estimated to be ¥340 billion
• Capital expenditures are expected to reach
¥470 billion
• R&D expenses are expected to reach ¥500
billion
(All figures of fiscal 2008 are forecast as of May 13, 2008)