April 22, 2011

Nissan Decides to Establish New Company Based on its Kyushu Plant
- New Company to be named Nissan Motor Kyushu Co.,Ltd. -

YOKOHAMA, Japan - Apr. 22, 2011 - Nissan Motor Co., Ltd. today announced that it has officially decided to establish a new company that will incorporate the operations of its Kyushu Plant in Japan. The name of the new company will be Nissan Motor Kyushu Co., Ltd. and Yukinobu Kodama, current General Manager of the Kyushu Plant, will be appointed as president.

The aim of establishing the new company is part of a broader strategy to strengthen Nissan's manufacturing competitiveness in Japan. Since the announcement was made last October, Nissan has been working in close partnership with the All Nissan Motors Workers' Union to conduct a study on establishing a new company for this purpose and both parties have reached an agreement, including working conditions, in the new company.

The auto industry is facing a major turning point. The continued strengthening of the yen against foreign currencies, prolonged global economic downturn, emergence of competitors from emerging countries, shift in the domestic market to compact cars, and introduction of electrically-powered vehicles due to the growing concern over energy and environmental issues, has made the market environment as challenging as ever.

In order for Nissan to grow further as a global automotive company, there is a need to establish a production base in Japan which is globally competitiveness and capable of continue producing compact vehicles in the future. Establishing this new company is one important step to enable Nissan to maintain its domestic production capacity around one million units.

Nissan Motor Kyushu Co.,Ltd. Outline
President: Yukinobu Kodama
Date of establishment August 1st, 2011
Start of operation October 1st, 2011
Company address: 1-3, Shinhama-cho, Kanda-machi, Miyako-gun, Fukuoka
Site area: Approx. 2,362,000 m2
Capital: 10 million yen
Number of employees: 3,760 (plan)
Annual production capacity: Approx. 430,000 units (Regular operation hours)
Production models: Serena, Teana, Lafesta, X-TRAIL, Dualis, Murano, Rogue (export only), Almera (export only)


About Nissan

Nissan Motor Co., Ltd., Japan's second largest Japanese automotive company by volume, is headquartered in Yokohama, Japan and is an integral pillar of the Renault-Nissan Alliance.

Operating with more than 150,000 employees globally, Nissan provided customers with more than 4 million vehicles in 2010. With a strong commitment to developing exciting and innovative products for all, Nissan delivers a comprehensive range of fuel-efficient and low-emissions vehicles under the Nissan and Infiniti brands.

A pioneer in zero emission mobility, Nissan made history with the introduction of the Nissan LEAF, the first affordable, mass-market, pure-electric vehicle and winner of numerous international accolades including the prestigious 2011 European Car of the Year award.

For more information on our products, services and commitment to Sustainable Mobility, visit our website at http://www.nissan-global.com/EN/.

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