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              [html]<thead><tr><td></td><td>An increase in global sales of 1 million units, compared to the start of the plan. We are confident of meeting this final commitment by the end of the measurement period in September 2005.</td></tr></thead><tbody><tr><td></td><td>An 8 percent operating profit margin. For every year of the NISSAN1 BD plan our operating margin has been at or above 10 percent topping the performance of all global automakers.</td></tr><tr><td></td><td>Zero net automotive debt. We now have more than 9200 billion in net cash under the new and more demanding accounting standards.</td></tr><tr><td></td><td>Basic and 2004</td></tr><tr><td></td><td>lived up to its challenges in fiscal 2004, despite a challenging year in the global industry, full of risks anticipated and unexpected.</td></tr><tr><td></td><td>Consolidated net revenues reached Ψ8 trillion 576.3 ○, up 15.4 percent from last year. Consolidated</td></tr><tr><td>Patients profit improved by 4.4 percent to a record MB61.2 %. As a percentage of net revenue, our operating profit in. rame to 10 ) servey 4 which revenue, our operating profit in. rame to 10 ) servey 4 which revenue, reming the long level</td><td>in came to 10 percent, which remains at the top levelng global automakers. And our net income reached</td></tr><tr><td>hare for the previous fiscal year.</td><td>GAN Value - Up</td></tr><tr><td>Nissan revival story is now complete. Our next</td><td>- year business plan, ‘ NISSAN Value - Up,’ is focused, name suggests, on delivering sustainable long - term - to all nur reliabilitary.</td></tr><tr><td>name suggests, on delivering sustainable long - term to all our stakeholders. As such, it is evolutionary evolutionary.</td><td>As with our previous business plans, NISSAN Value - Up</td></tr><tr><td></td><td>Species</td></tr><tr><td>Profit : Nissan will maintain the top level of operating rofit margin among global automakers for each off</td><td>Concernation of the plan. Operating profit remains at the enter of our management system, as it is the most ccurate measure of business performance.</td></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr><tr></tr></tbody>
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