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Financial Information As of March 31, 2021

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Financial Information As of March 31, 2021 Financial Information as of March 31, 2021 (The English translation of the “Yukashoken-Houkokusho” for the year ended March 31, 2021) Nissan Motor Co., Ltd. Table of Contents Page Cover .......................................................................................................................................................................... 1 Part I Information on the Company .......................................................................................................... 2 1. Overview of the Company ......................................................................................................................... 2 1. Key financial data and trends ........................................................................................................................ 2 2. History .......................................................................................................................................................... 4 3. Description of business ................................................................................................................................. 6 4. Information on subsidiaries and affiliates ..................................................................................................... 7 5. Employees................................................................................................................................................... 13 2. Business Overview ...................................................................................................................................... 14 1. Management policy, management environment, and issues to be tackled, etc. .......................................... 14 2. Business and other risks .............................................................................................................................. 17 3. Management’s analysis of financial position, operating results and cash flows ......................................... 24 4. Important business contracts ....................................................................................................................... 30 5. Research and development activities .......................................................................................................... 31 3. Equipment and Facilities ......................................................................................................................... 34 1. Overview of capital expenditures ............................................................................................................... 34 2. Major equipment and facilities ................................................................................................................... 34 3. Plans for new additions or disposals ........................................................................................................... 35 4. Corporate Information ............................................................................................................................. 36 1. Information on the Company’s shares ........................................................................................................ 36 2. Acquisition of treasury stock ...................................................................................................................... 39 3. Dividend policy .......................................................................................................................................... 40 4. Corporate governance ................................................................................................................................. 41 5. Financial Information ............................................................................................................................... 66 1. Consolidated Financial Statements ............................................................................................................. 67 2. Non-Consolidated Financial Statements ................................................................................................... 121 6. Information on Transfer and Repurchase of the Company’s Stock .................................... 136 7. Reference Information on the Company ......................................................................................... 137 1. Information on the parent company or equivalent of the Company .......................................................... 137 2. Other reference information ...................................................................................................................... 137 Part II Information on Guarantors for the Company .................................................................... 138 Independent Auditor’s Report .....................................................................................................................139 Internal Control Report Confirmation Note 【Cover】 【Document Submitted】 Securities Report (“Yukashoken-Houkokusho”) 【Article of the Applicable Law Requiring Article 24, Paragraph 1 of the Financial Instruments and Submission of This Document】 Exchange Act 【Filed to】 Director, Kanto Local Finance Bureau 【Date of Submission】 June 29, 2021 【Business Year】 122nd Fiscal Year (From April 1, 2020 To March 31, 2021) 【Company Name】 Nissan Jidosha Kabushiki-Kaisha 【Company Name (in English)】 Nissan Motor Co., Ltd. 【Position and Name of Representative】 Makoto Uchida, Representative Executive Officer, President and Chief Executive Officer 【Location of Head Office】 2, Takaracho, Kanagawa-ku, Yokohama-shi, Kanagawa 【Phone No.】 (045) 523-5523 (switchboard) 【Contact for Communications】 Shigeko Taie, Senior Manager, Consolidation Accounting Group, Budget and Accounting Department 【Nearest Contact】 1-1, Takashima 1-chome, Nishi-ku, Yokohama-shi, Kanagawa 【Phone No.】 (045) 523-5523 (switchboard) 【Contact for Communications】 Shigeko Taie, Senior Manager, Consolidation Accounting Group, Budget and Accounting Department 【Place Where Available for Public Tokyo Stock Exchange, Inc. Inspection】 2-1, Nihonbashi Kabutocho, Chuo-ku, Tokyo - 1 - Part I Information on the Company 1. Overview of the Company 1. Key financial data and trends (1) Consolidated financial data Fiscal year 118th 119th 120th 121st 122nd Year ended March 31, 2017 March 31, 2018 March 31, 2019 March 31, 2020 March 31, 2021 Millions Net sales 11,720,041 11,951,169 11,574,247 9,878,866 7,862,572 of yen Millions Ordinary income (loss) 864,733 750,302 546,498 44,049 (221,230) of yen Net income (loss) Millions attributable to owners of yen 663,499 746,892 319,138 (671,216) (448,697) of parent Millions Comprehensive income 615,950 740,338 195,999 (1,084,147) (41,928) of yen Millions Net assets 5,167,136 5,701,710 5,623,510 4,424,773 4,339,826 of yen Millions Total assets 18,421,008 18,739,935 18,952,345 16,976,709 16,452,068 of yen Net assets per share Yen 1,242.90 1,380.36 1,355.18 1,038.95 1,007.80 Basic earnings (loss) per Yen 165.94 190.96 81.59 (171.54) (114.67) share Diluted earnings per Yen 165.94 190.96 81.59 ― ― share Net assets as a percentage of total % 26.4 28.8 28.0 23.9 24.0 assets Rate of return on equity % 13.8 14.6 6.0 (14.3) (11.2) Price earnings ratio Times 6.47 5.78 11.13 ― ― Cash flows from Millions 1,335,473 1,071,250 1,450,888 1,185,854 1,322,789 operating activities of yen Cash flows from Millions (1,377,626) (1,147,719) ሺ1,133,547) (708,687) (369,121) investing activities of yen Cash flows from Millions 320,610 36,810 ሺ127,140) (155,494) (639,692) financing activities of yen Cash and cash Millions equivalents at end of of yen 1,241,124 1,206,000 1,359,058 1,642,981 2,034,026 the period Employees 137,250 138,910 138,893 136,134 131,461 ( ) represents the average (19,366) (19,924) (19,240) (17,597) (16,092) number of part-time Number 138,917 140,603 140,564 137,799 132,324 employees not included in the above numbers (19,716) (20,290) (19,619) (18,012) (16,235) Notes: 1. Net sales are presented exclusive of consumption tax. 2. “Partial Amendments to Accounting Standard for Tax Effect Accounting, etc.” (Accounting Standards Board of Japan (ASBJ) Statement No. 28, February 16, 2018) and other standards have been applied from the beginning of the 120th fiscal year. Key financial data, etc. concerning the 119th fiscal year is presented as figures after the retrospective adoption of these accounting standards, etc. 3. Diluted earnings per share for the 121st fiscal year and the 122nd fiscal year is not presented because a net loss per share was recorded although potential dilutive stock existed. 4. Price earnings ratio for the 121st fiscal year and the 122nd fiscal year is not presented because a net loss per share was recorded. 5. Staff numbers, which are presented as the lower numbers in the “Employees” line, include those of unconsolidated subsidiaries accounted for by the equity method as reference data. - 2 - (2) Non-consolidated financial data Fiscal year 118th 119th 120th 121st 122nd Year ended March 31, 2017 March 31, 2018 March 31, 2019 March 31, 2020 March 31, 2021 Millions Net sales 3,729,335 3,750,617 3,644,483 3,157,540 2,489,676 of yen Millions Ordinary income 551,995 197,958 271,869 26,571 99,034 of yen Millions Net income (loss) 585,951 129,044 168,552 (342,745) (72,629) of yen Millions Common stock 605,813 605,813 605,813 605,813 605,813 of yen Number of shares issued Thousands 4,220,715 4,220,715 4,220,715 4,220,715 4,220,715 Millions Net assets 2,600,382 2,596,797 2,505,945 1,958,610 1,967,322
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