Nissan Launches The Arc Business Plan to Drive Value and Enhance Competitiveness and Profitability [Yahoo! Finance]
NISSAN MOTOR LTD S/ADR (NSANY)
US:NASDAQ Investor Relations:
nissan-global.com/en/ir
Company Research
Source: Yahoo! Finance
Nissan targets additional 1-million-unit sales compared to fiscal year 2023 and operating profit margin of more than 6% by end of fiscal year 2026 30 new models to be launched by fiscal year 2026, of which 16 will be electrified 60% of internal combustion engine (ICE) passenger-vehicle models to be refreshed by fiscal year 2026 EV competitiveness to be enhanced by reducing cost of next-generation EVs by 30% and achieving EV and ICE vehicle cost parity by fiscal year 2030 Significant next-generation EV cost reduction to be achieved through grouped "family" development, with vehicle production under the approach starting in fiscal year 2027 Strategic partnerships expanded into technology, product portfolio and software services Dividends and buybacks to target total shareholder return of more than 30% New business ventures to unlock a potential 2.5 trillion yen in additional revenues by fiscal year 2030 YOKOHAMA, Japan, March 25, 2024 BUSINESS WIRE )--Nissan Motor Co.,
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