8291 · 2020. 12. 24. · FISCO Ltd. 8291 東証1部 COMPANY RESEARCH AND ANALYSIS REPORT å l»...

FISCO Ltd. https://www.fisco.co.jp 8291 東証 1 部 COMPANY RESEARCH AND ANALYSIS REPORT 執筆:客員アナリスト 宮田仁光 FISCO Ltd. Analyst Kimiteru Miyata 企業調査レポート  日産東京販売ホールディングス 2020 年 12 月24 日(木) 企業情報はこちら >>>

Transcript of 8291 · 2020. 12. 24. · FISCO Ltd. 8291 東証1部 COMPANY RESEARCH AND ANALYSIS REPORT å l»...





Important disclosures and disclaimers appear at the back of this document.
COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
2
4.- 2 -... . . . . - 02
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ 03
3.-2021 3-... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - 18

Important disclosures and disclaimers appear at the back of this document.
COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
01 21

<3316>
2020 3
94% 46% 21% 27% 5% 0%
2.






EV

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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
02 21
4. 2
2021 3 2 62,946 17.5% 251
89.3% 2
1 2021 3
130,000 15.1% 1,800 58.6%
2021 3

130,000
4,219




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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
03 21
1946
1961 1 1989
2002 2004
JASDAQ
2008
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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
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1982 4 ( )
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10% 9


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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
05 21
JASDAQ

6.2% 2020 3

2020 3
34 44 35 -
3 11 7 -
23 -


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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
06 21
2020 3
94% 46% 21% 27% 5% 0%
3
3 EVElectric Vehicle
pro-PILOT PR


23
8 3 1

3

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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
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GTNET



5 1
43,350 2020 3
21,985 GTNET
11


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FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
09 21
( )
( )


IT IT


DX


1





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FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
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3 2011



P.O.P.
2018 2022 4

7 3
P.O.P. 1



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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
11 21

EV


CASEConnectedAutonomousSharedElectric



NISSAN INTELLIGENT MOBILITY
20
20 2023
150
EV e-POWER 2023 8 EV e-POWER
2023 60% 23%
50% 100

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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
12 21
12

2022 3 12 2021
3 2020 3 e-POWER6/30
e-POWER11/24 12/23 3
SOS
e-POWER e-POWER
SUV
e-POWER 2022 3
EV EV
EV 610NISSAN
INTELLIGENT MOBILITY
e-POWER

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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
13 21


CASE

3 4 3
“ ”

2023 3 1,750 55

2.


NISSAN INTELLIGENT
MOBILITY
L2HLeaf to HomeEV

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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
14 21
NISSAN
INTELLIGENT MOBILITY

M&A M&A
1 1
M&A M&A



2021 3 1 NISSAN INTELLIGENT
MOBILITY

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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
15 21
2. 2021 3 2
2021 3 2 62,946 17.5% 251
89.3% 83 96.2% 4 99.7%
1 3 2 3
1 1
2021 3 2


76,274 100.0% 62,946 100.0% -17.5%
17,536 23.0% 13,980 22.2% -20.3%
15,180 19.9% 13,729 21.8% -9.6%
2,355 3.1% 251 0.4% -89.3%
2,194 2.9% 83 0.1% -96.2%
1,388 1.8% 4 0.0% -99.7%


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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
16 21


34,317 100.0% 25,500 100.0% -25.7%
7,921 23.1% 5,439 21.3% -31.3%
7,256 21.1% 6,539 25.6% -9.9%
664 1.9% -1,099 -4.3% -
627 1.8% -1,156 -4.5% -
401 1.2% -982 -3.9% -



41,957 100.0% 37,446 100.0% -10.8%
9,615 22.9% 8,541 22.8% -11.2%
7,924 18.9% 7,190 19.2% -9.3%
1,691 4.0% 1,350 3.6% -20.2%
1,567 3.7% 1,239 3.3% -20.9%
987 2.4% 986 2.6% -0.1%

22.6% 25.4% 23.7%
1 31.8% 36.2% 35.8%
4 − 5


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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
17 21
17

0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
1 2 3 4 5 6 7 8 9 10 11 12
22002200
59,644 17.4%
479 80.6% 1 1 3 4
− 6 35.8% 2 7 − 9 14.0%

2 0.2
3,141
20.0% 99 60.9%
IT




72,184 94.6% 59,644 94.8% -17.4%
3,925 5.1% 3,141 5.0% -20.0%
165 0.2% 161 0.3% -2.4%
20/3 2Q 21/3 2Q

2,476 3.4% 479 0.8% -80.6%
254 6.5% 99 3.2% -60.9%
67 40.6% 65 40.4% -3.0%


Important disclosures and disclaimers appear at the back of this document.
COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
18 21


32,342 94.2% 24,141 94.7% -25.4%
1,892 5.5% 1,278 5.0% -32.5%
82 0.2% 80 0.3% -2.4%
20/3 1Q 21/3 1Q

766 2.4% -962 -4.0% -
79 4.2% 22 1.7% -72.1%
35 42.7% 32 40.0% -8.6%



39,842 95.0% 35,503 94.8% -10.9%
2,033 4.8% 1,863 5.0% -8.4%
83 0.2% 81 0.2% -2.4%
20/3 2Q 21/3 2Q

1,710 4.3% 1,441 4.1% -15.7%
175 8.6% 77 4.1% -56.0%
32 38.6% 33 40.7% 3.1%

NISSAN INTELLIGENT MOBILITY
3. 2021 3
2021 3 130,000 15.1% 1,800
58.6% 1,400 65.2% 200
91.1%

2021 3
e-POWER e-POWER
EV

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COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
19 21
153,147 100.0% 130,000 100.0% -15.1%
34,735 22.7% - - -
30,384 19.8% - - -


NISSAN INTELLIGENT MOBILITYEV e-POWER




Important disclosures and disclaimers appear at the back of this document.
COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
20 21
1
IT
4

11

Important disclosures and disclaimers appear at the back of this document.
COMPANY RESEARCH AND ANALYSIS REPORT
FISCO Ltd.
2020 12 24 8291 1 https://www.nissan-tokyo-hd.co.jp/ir/
21 21


3 31 5 500
QUO 500 1,000 1,000 1,000 5,000
2,000 5,000 2 3,000 2
5,000 1 6