YOKOHAMA, Japan – In consideration of matters related to the misconduct led by the company's former chairman, Nissan Motor Co., Ltd. has decided to reduce the compensation of its CEO for the fiscal year ending March 31, 2020.
Compensation will be set at half the level of the fiscal year ended March 31, 2019, which was also reduced for the same reason.
About Nissan Motor Co., Ltd.
Nissan is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, INFINITI and Datsun brands. In fiscal year 2018, the company sold 5.52 million vehicles globally, generating revenue of 11.6 trillion yen. Nissan's global headquarters in Yokohama, Japan, manages operations in six regions: Asia & Oceania; Africa, the Middle East & India; China; Europe; Latin America; and North America. Nissan has partnered with French manufacturer Renault since 1999 and acquired a 34% stake in Mitsubishi Motors in 2016. The Renault-Nissan-Mitsubishi alliance sold 10.76 million vehicles combined in calendar year 2018.
# # #
Media contact
Koji Okuda or Azusa Momose
+81 (0)45-523-5552
nissan_japan_communications@mail.nissan.co.jp
For more information about our products, services and commitment to sustainable mobility, visit nissan-global.com. You can also follow us on Facebook, Instagram, Twitter and LinkedIn and see all our latest videos on YouTube.