NISSAN SHATAI CO., LTD.
7222・Standard Market・Transportation Equipment
Automotive-related
Core group segment responsible for manufacturing and selling automobiles for Nissan Motor
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥397,590 million | ¥343,480 million | ↑ |
| Operating profit | ¥13,676 million | ¥4,497 million | ↑ |
| Sales volume | 154,668 units | 146,521 units | ↑ |
| Depreciation and amortization | ¥10,935 million | ¥9,748 million | ↑ |
| Capital expenditures (increase in property, plant and equipment, and intangible assets) | ¥13,127 million | ¥16,331 million | ↓ |
| Net sales to main customer (Nissan Motor) | ¥396,706 million | ¥342,445 million | ↑ |
Business Details
This is the core segment accounting for approximately 98% of the Group's consolidated net sales. Based on orders from Nissan Motor Co., Ltd., the segment manufactures and sells passenger vehicles, commercial vehicles, small buses, parts, and specialty vehicles. The main customer is Nissan Motor Co., Ltd. (net sales of ¥396,706 million in the current fiscal year, representing 98.2% of total net sales). The Company and its consolidated subsidiaries conduct this business, and increased production of the new-generation Patrol and new-generation Armada led to substantial growth in both revenue and profit.
Recent Overview
Substantial improvement in both volume and profit driven by increased production of the new-generation Patrol and Armada, while impairment loss and restructuring costs were recorded in connection with the Shonan Plant transition
In FY2026 (ending March 2026), sales volume increased 5.6% year on year to 154,668 units, mainly due to increased production of the new-generation Patrol and new-generation Armada. As a result, net sales in the Automotive-related segment reached ¥397,590 million (up ¥54,110 million year on year), and operating profit reached ¥13,676 million (up ¥9,179 million year on year), representing substantial growth in both revenue and profit. On the other hand, in connection with the business transition of the Shonan Plant toward service parts production, the Company recorded an impairment loss of ¥2,855 million and a provision for business structure reform of ¥2,129 million as extraordinary losses. For FY2027 (ending March 2027), a further increase in sales volume is expected due to the start of production of new models, among other factors.
Key Products
Growth Drivers
- Increase in sales volume and average selling price driven by the full-scale production of the new-generation Patrol and new-generation Armada
- Additional increase in volume from the start of production of new models in FY2027 (ending March 2027)
- Improvement in operating profit through enhanced production efficiency (rationalization, etc.) (factors behind the change in operating profit for the current fiscal year: +¥3.8 billion from volume/mix differences, +¥5.2 billion from rationalization and other factors)
- Expansion of the specialty vehicle business, including record orders for high-specification ambulances (Paramedic)
- Optimization of the earnings structure through the business transition of the Shonan Plant toward service parts production
Risks
- Customer concentration risk due to heavy reliance on sales to Nissan Motor Co., Ltd. (98.2% of net sales in the current fiscal year)
- Indirect impact on the global economy from trade issues and tariff policies, primarily centered on the United States (including developments in the Middle East situation)
- Risk of additional costs arising from the business structure reform provision (¥2,129 million already recorded) associated with the Shonan Plant's transition to service parts production, and risk of further additional expenses going forward
- Risk of additional costs arising during the launch of new models
- Uncertain business environment due to soaring raw material prices and fluctuating demand
Last updated: June 23, 2026