Nissan 2014 Annual Report Download - page 28

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2013 2014201220112009 2010
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33
Dividend
Nissan’s strategic actions reflect not only its long-term vision as a global company to create sustainable
value but also the company’s commitment to maximizing total shareholder returns.
We paid year-end cash dividends of 15 yen per share for fiscal 2013. As a result, total dividend
payment for fiscal 2013, combined with the 15 yen dividend for the interim period, was 30 yen per share.
The dividend payment plan for fiscal year 2014 is to be 33 yen per share, considering the business
condition, risks and opportunities for the year.
Sales finance (China JV Equity basis)
Due to the increase in retail sales, total financial assets of the sales finance segment increased by 21.7%
to 7,682.1 billion yen from 6,310.8 billion yen in fiscal 2013. The sales finance segment generated 164.7
billion yen in operating profits in fiscal 2013 from 142.3 billion yen in fiscal 2012.
Investment policy (China JV Equity basis)
Capital expenditures totaled 536.3 billion yen, which was 5.1% of net sales. The company used capital
expenditures in order to ensure Nissan’s future competitiveness.
R&D expenditures totaled 500.6 billion yen. These funds were used to develop new technologies
and products. One of the company’s strengths is its extensive collaboration and development structure
with Renault’s R&D team, resulting from the Alliance.
Nissan plans more than 90 new advanced technologies, averaging 15 per year during our mid-term
plan by 2016.
(Forecast)
(FY)
R&D Expenditures
(Billions of yen)
R&D Expenditures (Management pro forma basis*)
R&D Expenditures (China JV Equity basis)
% of net sales (Management pro forma basis*)
% of net sales (China JV Equity basis)
(Outlook)
(FY)
Dividend
(Dividend per share, in yen)
600
450
300
150
0
2009 2014201320122010 2011
385.5 399.3 428.0 469.9 500.6 500.0
5.1
%
4.6
%
4.5
%
4.9
%
4.8
%
4.6
%
* Based on continuation of proportionate consolidation of China JV
27
NISSAN MOTOR CORPORATION ANNUAL REPORT 2014
PERFORMANCE
CONTENTS
CORPORATE FACE TIME
CEO MESSAGE
EXECUTIVE PROFILE
NISSAN POWER 88
CORPORATE GOVERNANCE