Advance management integration of Nissan and Renault

Listen to Renault and functional integration expansion Carlos Ghosn Nissan CEO


Alliance effect, in the year 550 billion yen, an agreement with the French government "3's consent."

Nissan Carlos Ghosn, chief executive officer (CEO) March 25, according to the Nihon Keizai Shimbun interview, for the last year in December of an agreement with the French government over the relationship between the French Renault, the form that can be convinced "3 person in it said that was settled. "On top of that, and the like may want to consider a new function integration and Renault before the end of the year, it announced a policy to produce an annual 550 billion yen or more of the alliance effect. Also deepen cooperation in advanced technology such as automatic operation, to strengthen the competitiveness of the group.

Renault 43.4% of Nissan shares, Nissan has a 15% of Renault shares. April 2014, the French government is the largest shareholder of Renault is enacted Furoranju method to double the voting rights of the shares to long-term holding, determine the application to Renault of the law. Nissan also becomes the outset that began to show an attitude that is involved in management, including, it began a conflict of Nissan and Renault and the French government. December 15, with the French government, it was agreed that the French government in the management of Nissan does not intervene, led to the settlement.

Mr. Ghosn about this agreement, "(consultation with the French government) all over. No more doubt or room for discussion there is no" and stated. The future we showed the intention to focus on alliance expansion.

On top of that, it evaluated as "(agreement) to stabilize the Nissan and Renault alliance." "Of course it is whether" such as coming out the question is equipped with pace between if vertical even in '17 from the alliance "shareholders and companies. By agreement, these were able to answer the question," he said.

For the future of the alliance, it said it would "broaden the subject of functional integration in both the global and the local." The idea of ​​expanding the functional integration in the four divisions such as the development and purchasing, which was carried out in '14. It found that with a view to integration, including the indirect departments such as management business.

The alliance effects such as cost reduction had been estimated that the two companies total annual 3.8 billion euros (about 490 billion yen) in '14 stage. Plans to raise this to more than 4.3 billion euros in '16 was also revealed. In addition to streamlining by the integration of the organization, a reduction in purchasing costs due to common, such as parts, it is realized by a more efficient development. To collaborate in the field of automatic operation, such as advanced technology, and plans to mount the automatic operation technology to more than the two companies a total of 10 models in up to 20 years.

'14 Global sales of the Nissan-Renault alliance fourth in about 850 million units. We're aiming to more than 10 million units in '16. The deepening of partnership, to improve the profitability Haisuru the red ginseng, such as Toyota Motor Corporation.

Nissan Renault and the French government has been established in consultation in April 2014 of the French government, shares give the right to vote twice to shareholders with more than two years "Furoranju Law" beginning. As a result, the voting rights of Renault shares held by the French government I became expected to increase to a conventional two-fold near 28 percent. Spread wariness of management interference of the French government through the Renault Nissan, Nissan, such as reject the merger request with Renault by the French government, it was to sharpen the combat posture.

Negotiations spans the approximately 10 months, last year in December, the French government agreed not involved in the management of Nissan. Nissan and "Renault does not intervene in the management of Nissan" between the Renault "when subjected to undue interference in Nissan's management decisions, Nissan has the right to raise the stake in Renault" agreement, such as has been established. If if Nissan is buying Renault shares up more than 25 percent Maze, it is possible to avoid the involvement voting rights of Nissan shares with Renault is disappearing French government through the Renault.

"The Chinese market, even in the 5-6% growth is healthy."

For China CEO Carlos Ghosn is that the economy is slowing down, "it should not be positioned longer and emerging countries. (Auto market) would not be back to double-digit growth" While pointed out that, "at an annual rate of 5-6% will be more than 1 million units per year in growth, it showed the view that enough's healthy. "

Nissan in December 2015 in China new car sales (retail number) is 159 100 units of 15% increase in the same month in the previous year. Sales of '15 the full year, increased in '14 6.3%. Such as aggressive introduction of new car paid off, it has maintained a strong performance, and plans to expand aggressively business as a pillar of revenue in the future.

However, for other emerging markets we showed concern. In particular, he said, "was a large-scale investment in the last few years Brazil, Russia, India market's weak. Still is large open and objective."

While viewing the Brazilian market as "it takes a long time to recover," For the Russian market was pointed out that "pick up early if oil prices rise."
For medium-term management plan, "Power 88" to the March 17 season, the final year, was confident to achieve as the "Towards Achieve operating profit margin of 8%, which is the target is steadily progressing." Uncertainty in such emerging economies is strong, but I said, "large contribution of strong North American market. Continue is expected growth in China."

ルノーと機能統合拡大　カルロス・ゴーン　日産ＣＥＯに聞く

提携効果、年5500億円に、仏政府との合意「３者が納得」

　日産自動車のカルロス・ゴーン最高経営責任者（ＣＥＯ）は25日、日本経済新聞のインタビューに応じ、仏ルノーとの関係を巡るフランス政府との昨年12月の合意について、「３者が納得できるかたちで決着した」と述べた。その上で、年内にルノーと新たな機能統合を検討することなどで、年間5500億円以上の提携効果を生み出す方針を表明。自動運転など先進技術でも連携を深め、グループの競争力を強化する。

ルノーは日産株の43.4％、日産はルノー株の15％を持つ。2014年４月、ルノーの筆頭株主である仏政府が長期保有する株式の議決権を２倍にするフロランジュ法を制定し、同法のルノーへの適用を決定。日産も含めて経営へ関与する姿勢を見せ始めたことが発端となり、日産・ルノーと仏政府の対立が始まった。15年12月、仏政府との間で、日産の経営に仏政府が介入しないことで合意し、和解に至った。

　ゴーン氏はこの合意について、「（仏政府との協議は）すべて終わった。これ以上の疑いや議論の余地は無い」と明言。今後は両社の提携拡大に集中する意向を示した。

　その上で、「（合意は）日産とルノーの提携関係を安定させる」と評価。「提携から17年もたてば『株主や企業間で足並みがそろっているのか』といった疑問が出てくるのは当然だ。合意によって、こうした疑問に答えることができた」と述べた。

　今後の両社の提携については、「グローバルとローカルの両方で機能統合の対象を広げる」と述べた。14年に実施した開発や購買など４部門での機能統合を拡大する考え。管理業務など間接部門を含めた統合を視野に入れているとみられる。

14年段階でコスト低減などの提携効果を両社合計で年間38億ユーロ（約4900億円）と試算していた。16年にはこれを43億ユーロ以上に引き上げる計画も明らかにした。組織の一体化による合理化に加え、部品などの共通化による購買コストの低減、開発の効率化などで実現する。自動運転など先進技術の分野でも協業し、20年までに両社で計10車種以上に自動運転技術を搭載する方針だ。

　日産・ルノー連合の14年の世界販売は約850万台で４位。16年に1000万台超えを目指している。提携関係の深化により、トヨタ自動車などの後じんを拝する収益力を改善する。

日産・ルノーと仏政府の協議　2014年４月に仏政府が制定した、株式を２年以上持つ株主に２倍の議決権を与える「フロランジュ法」が発端。これにより、仏政府が持つルノー株の議決権が従来の２倍近い28％に高まる見通しになった。ルノーを通じた仏政府の経営干渉に対する警戒心が日産に広がり、日産は仏政府によるルノーとの合併要請などをはねつけるなど、対抗姿勢を鮮明にした。

　交渉は約10カ月におよび、昨年12月、仏政府が日産の経営に関与しないことで合意。日産とルノーの間で「ルノーは日産の経営に介入しない」「日産の経営判断に不当な干渉を受けた場合、日産はルノーへの出資を引き上げる権利を持つ」などの合意が成立した。仮に日産がルノー株を25％以上まで買い増せば、ルノーが持つ日産株の議決権が消滅しルノーを通じた仏政府の関与を回避できる。

「中国市場、５～６％成長でも健全」

　ゴーンＣＥＯは景気が減速している中国について、「もはや新興国と位置づけるべきではない。（自動車市場は）２桁成長に戻ることはないだろう」と指摘する一方、「年率５～６％の成長でも年間100万台以上増えることになり、十分健全だ」との見方を示した。

　日産の2015年12月の中国新車販売台数（小売台数）は、前年同月比15％増の15万9100台。15年通年の販売実績は、14年比6.3％増えた。新型車の積極投入などが功を奏し、好調さを維持しており、今後も収益の柱として積極的に事業を拡大していく方針だ。

　ただ、その他の新興国市場については懸念を示した。特に、「ここ数年で大規模な投資をしたブラジルやロシア、インドの市場が低調だ。目標とはまだ開きが大きい」と述べた。

　ブラジル市場を「回復には時間がかかる」とみる一方、ロシア市場については「原油価格が上昇すれば早期に上向く」と指摘した。

　17年３月期を最終年度とする中期経営計画「パワー88」について、「必達目標である売上高営業利益率８％に向けて着実に進んでいる」と達成に自信を見せた。新興国経済などに不透明感は強いが、「好調な北米市場の貢献が大きい。中国でも引き続き成長が見込める」と述べた

引用：日本経済新聞