text: Fiscal 2005 will be challenging because we have no major 
  
  model launches planned. We’re committed to growth, 
  
  however, and I believe that having a clear strategy for each 
  
  market and a targeted approach to the customer will boost 
  
  our market position throughout the region. 
  
  Thailand is an important market for Nissan’s future. 
  
  Although we sell just over 50,000 vehicles a year there, 
  
  we plan to increase sales volume under NISSAN Value-Up. 
  
  We’re also expanding production capacity and planning to 
  
  localize Thailand as an export base for Pickups. We intend 