PRINCIPAL SUBSIDIARIES AND AFFILIATES

(As of March 31, 1996)


JAPAN


Aichi Machine Industry Co., Ltd.**
Capital: 8,518 million yen
Head Office: Nagoya, Aichi
Business Activities: Manufacture of commercial vehicles and automobile engines

Autech Japan, Inc.*
Capital: 480 million yen
Head Office: Chigasaki, Kanagawa
Business Activities: Development, manufacture and sale of limited production vehicles

Calsonic Corporation**
Capital: 9,384 million yen
Head Office: Nakano-ku, Tokyo
Business Activities: Manufacture of radiators, heaters, mufflers, air conditioners and catalytic converters

Fuji Kiko Co., Ltd.**
Capital: 3,619 million yen
Head Office: Kosai, Shizuoka
Business Activities: Manufacture of seat belts, steering columns and suspension parts

Ichikoh Industries, Ltd.**
Capital: 8,930 million yen
Head Office: Shinagawa-ku, Tokyo
Business Activities: Manufacture of lamps, rearview mirrors and wipers

Ikeda Bussan Co., Ltd.*
Capital: 15,505 million yen
Head Office: Ayase, Kanagawa
Business Activities: Manufacture of seats and interior parts

JATCO Corporation*
Capital: 6,444 million yen
Head Office: Fuji, Shizuoka
Business Activities: Manufacture of automatic transmissions

Kansei Corporation**
Capital: 7,422 million yen
Head Office: Omiya, Saitama
Business Activities: Manufacture of instruments for automobiles

Kinugawa Rubber Industrial Co., Ltd.**
Capital: 5,307 million yen
Head Office: Chiba, Chiba
Business Activities: Manufacture of rubber and plastic automotive parts

Kiriu Machine Mfg. Co., Ltd.**
Capital: 2,303 million yen
Head Office: Ashikaga, Tochigi
Business Activities: Manufacture of turret lathes, automotive parts and special machine tools

NDC Co., Ltd.*
Capital: 1,575 million yen
Head Office: Narashino, Chiba
Business Activities: Manufacture of engine bearings, bushings and thrust washers

Nissan Altia Co., Ltd.*
Capital: 360 million yen
Head Office: Minato-ku, Tokyo
Business Activities: Sale of automotive service equipment, tools, accessories and power units

Nissan Car Leasing Co., Ltd.*
Capital: 1,000 million yen
Head Office: Minato-ku, Tokyo
Business Activities: Car rental and car leasing

Nissan Credit Corporation**
Capital: 2,408 million yen
Head Office: Minato-ku, Tokyo
Business Activities: Financing of Nissan products

Nissan Diesel Motor Co., Ltd.**
Capital: 11,823 million yen
Head Office: Ageo, Saitama
Business Activities: Manufacture of heavy- and medium-duty diesel trucks, buses, and industrial and marine diesel engines

Nissan Graphic Arts Co., Ltd.*
Capital: 600 million yen
Head Office: Mitaka, Tokyo
Business Activities: Printing and producing catalogs and brochures

Nissan Koe Co., Ltd.*
Capital: 90 million yen
Head Office: Yokohama, Kanagawa
Business Activities: Design and production of manufacturing facilities, shop services, insurance agency and travel agency

Nissan Kohki Co., Ltd.*
Capital: 2,020 million yen
Head Office: Koza-gun, Kanagawa
Business Activities: Manufacture of vehicle engines, axles and marine engines

Nissan Leasing Co., Ltd.*
Capital: 2,491 million yen
Head Office: Chuo-ku, Tokyo
Business Activities: Leasing of machines, dies and other equipment for production facilities and offices

Nissan Motor Car Carrier Co., Ltd.*
Capital: 640 million yen
Head Office: Chuo-ku, Tokyo
Business Activities: Operation of export car carriers (shipping)

Nissan Shatai Co., Ltd.**
Capital: 7,905 million yen
Head Office: Hiratsuka, Kanagawa
Business Activities: Manufacture of passenger cars and commercial vehicles

Nissan Texsys Co., Ltd.*
Capital: 9,000 million yen
Head Office: Mitaka, Tokyo
Business Activities: Development, manufacture and sale of weaving machines and related engineering

Nissan Trading Co., Ltd.*
Capital: 200 million yen
Head Office: Minato-ku, Tokyo
Business Activities: International and domestic trading of automobiles, automotive components, machinery, steel and raw materials

Nissan Transport Co., Ltd.*
Capital: 1,500 million yen
Head Office: Yokohama, Kanagawa
Business Activities: Car deliveries in Japan, maintenance and storage

Rhythm Corporation*
Capital: 400 million yen
Head Office: Hamamatsu, Shizuoka
Business Activities: Manufacture of linkages and ball joints

Tachi-S Co., Ltd.**
Capital: 5,059 million yen
Head Office: Akishima, Tokyo
Business Activities: Manufacture of seats and interior parts

Tsuchiya Manufacturing Co., Ltd.*
Capital: 2,270 million yen
Head Office: Kawagoe, Saitama
Business Activities: Manufacture of air cleaners, fuel filters and oil coolers

TU-KA Cellular Tokyo Inc.**
Capital: 6,000 million yen
Head Office: Minato-ku, Tokyo
Business Activities: Mobile phone business

Unisia Jecs Corporation**
Capital: 12,901 million yen
Head Office: Atsugi, Kanagawa
Business Activities: Manufacture of pistons, pumps, valve rockers, clutches, propeller shafts, power steering systems, electronic control units and anti-lock brake system

Yokoyu Vantec Corporation*
Capital: 2,302 million yen
Head Office: Yokohama, Kanagawa
Business Activities: Trucking, customs clearance, harbor and marine transportation, export packing and air cargo forwarding

Nissan Sunny Tokyo Motor Sales Co., Ltd.*
Capital: 5,000 million yen
Head Office: Nakano-ku, Tokyo
Business Activities: Dealer of Nissan products

Nissan Prince Tokyo Motor Sales Co., Ltd.*
Capital: 3,500 million yen
Head Office: Shinagawa-ku, Tokyo
Business Activities: Dealer of Nissan products

Tokyo Nissan Motor Sales Co., Ltd.*
Capital: 2,500 million yen
Head Office: Ota-ku, Tokyo
Business Activities: Dealer of Nissan products

Aichi Nagoya Nissan Motor Co., Ltd.*
Capital: 4,000 million yen
Head Office: Nagoya, Aichi
Business Activities: Dealer of Nissan products



* Consolidated subsidiary
** Unconsolidated subsidiary or affiliate company by the equity method

Capital in this section is defined as paid-in capital.


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