(Issued as of Sept 30, 2019)

  • GRI102-14


Reforming Corporate Governance

Corporate governance is at the heart of creating value. Reforming and strengthening corporate governance is a top priority for our management. Following the approval of a resolution at the Ordinary General Meeting of Shareholders held in June 2019, we transitioned to a three-statutory-committee format. Nomination, compensation and audit committees were established. We are rigorously pursuing the separation of supervisory and execution functions. Seven out of the eleven directors who were elected at the shareholders meeting are independent outside directors. Each committee, and the board, are chaired by independent outside directors. We have created a governance structure that meets global standards. By involving independent outside directors from diverse backgrounds, we are enabling more active discussions and accelerating the decision-making process. Under the new structure, we aim to build a sound business foundation for further development, give full attention to our stakeholders, and be a company that people can trust.

Business Strategy and Sustainability

We are reviewing our business strategy from the standpoint of sustainability. We are shifting away from a short-term focus to build a healthy operational structure by improving the quality of sales and enhancing brand power. We are actively investing in next-generation mobility and providing attractive products and services under the Nissan Intelligent Mobility strategy. The new Nissan Skyline, which was unveiled this year, is equipped with ProPILOT 2.0, the world’s first driver assistance system to combine navigated highway driving with hands-off single-lane driving capabilities. We intend to continue developing and launching such innovative products and technologies as the basis of a business strategy that enhances brand power over the long run and improves our performance. At the same time, we are further bolstering the Alliance relationship with Renault and Mitsubishi Motors.

Working Environment that Generates the Benefits of Diversity

Diversity of talent is one of Nissan’s key assets. We strive to provide opportunities for people from diverse backgrounds to play an active role in turning our corporate vision into reality. The source of our competitiveness lies in our ability to create innovative products and services based on healthy exchange of different opinions and a solid understanding of diversifying customer needs. We hire people from a variety of backgrounds in terms of gender, nationality, culture, age, gender identity, sexual orientation, education, lifestyle, work history and other factors as part of our business strategy. We are embedding diversity into our DNA and increasing diversity and inclusion in the workplace to create an environment where people respect each other’s values and appreciate and interact with each other with a sense of togetherness. We are deploying training programs across all our operations to comprehensively instill this culture of diversity and inclusion, while further accelerating the development of global leaders who can effectively direct and guide a diverse workforce.

Embodying the Idea of Enriching People’s Lives

As a socially responsible corporate citizen, Nissan consistently adheres to the universal principles of the United Nations Global Compact, which we signed in 2004. In pursuit of our corporate vision, we will continue to deliver sustainable value to all of our valued stakeholders, and we look forward to accelerating these efforts through Nissan Sustainability 2022.

Yasuhiro Yamauchi

Yasuhiro Yamauchi
Representative Executive Officer
Acting President and Chief Executive Officer, Chief Operating Officer
Nissan Motor Co., Ltd.