日产汽车NISSAN MOTOR (NSANY) 2003年年度报告「OTC」.pdf

1、Annual ReportYear Ended March 31,2004 2003Nissan:Enriching peoples lives2004-07-12000Printed in JapanAnnual Report 2003Nissan Motor Co.,Ltd.The second year of NISSAN 180 continued the ongoingstring of successes already seen in 2002:operating profitrose by 11.9 percent over the previous year,to a rec

2、ord825 billion.This is approximately ten times the operatingprofit reported just four years ago.Net automotive debt iswell below forecast at 13.6 billion,while the target of 20percent return on invested capital has been surpassed,reaching a record 21.3 percent.As it moves into the final year of the

3、three-year NIS-SAN 180 business plan,Nissan is firmly moving forward tosustained,profitable growth.Ahead lies new challenges,and the continued growth of the coming business planNISSAN Value-Up,which will continue to build on Nissansincreased strength around the globe.All the while remembering the Ni

4、ssan corporate vision of“Enriching peoples lives.”VisionNissan:Enriching peoples livesMissionNissan provides unique and innovative automotiveproducts and services that deliver superior measurablevalues to all stakeholders*in alliance with Renault.*Our stakeholders include customers,shareholders,empl

5、oyees,dealers,suppliers,as well as the communities where we work and operate.This Annual Report contains forward-looking statements on Nissans futureplans and targets,and related operating investment,product planning andproduction targets.Please note that there can be no assurance that thesetargets

6、and plans will actually be achieved.Achieving them will depend onmany factors,including not only Nissans activities and development,but onthe dynamics of the automobile industry worldwide and the global economy.CONTENTS1Financial Highlights2Letter from the President and CEO4Business Overview:The Rea