text: (b) Effective April 1, 2003, Nissan Motor Manufacturing (UK) Ltd., a 
  consolidated subsidiary, 
  implemented early adoption a new 
  accounting standard for retirement benefits in the United Kingdom. 
  The effect of this change was to increase retirement benefit 
  expenses by ¥2,178 million and to decrease operating income and 
  income before income taxes and minority interests by ¥1,686 million 
  and ¥2,178 million respectively, for the year ended March 31, 2004 
  as compared with the corresponding amounts which would have 
  been recorded if the previous method had been followed. Retained 
  earnings also decreased by ¥18,132 million since the net retirement 
  benefit obligation at transition and actuarial loss was charged directly 
  to retained earnings for the year ended March 31, 2004. The effect 
  of this change on segment information is explained in Note 21. 
  
  (d) Until the year ended March 31, 2004, freight and shipping costs 
  of the Company and certain consolidated subsidiaries were included 
  in selling, general and administrative expenses. Effective April 1, 
  2004, the Company and those consolidated subsidiaries began to 
  account for the freight and shipping costs as cost of sales. This 
  change was made in order to present gross profit more accurately by 
  including the freight and shipping costs in cost of sales and matching 
  them directly with sales as well as to unify the accounting policy 
  among the Nissan group considering the fact that shipping costs for 
  export parts to be used for manufacture in overseas countries have 
  increased due to the expansion of manufacturing activities outside 
  Japan.  (c) Until the year ended March 31, 2003, noncancelable lease 
  transactions of 
  its domestic consolidated 
  subsidiaries were accounted for as operating leases (whether such 
  leases were classified as operating or finance leases) except that 
  lease agreements which stipulated the transfer of ownership of the 
  leased assets to the lessee were accounted for as finance leases. 
  
  the Company and 