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2007 Interactive Registration Document - Renault

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01 THE<br />

RENAULT AND THE GROUP<br />

RENAULT-NISSAN ALLIANCE<br />

STAFF EXCHANGES<br />

Since the beginning of the Alliance, <strong>Renault</strong> and Nissan have been developing<br />

personnel exchanges in order to enhance Alliance performance. These<br />

exchanges are now shifting to the next stage, with more geographical expansion.<br />

T he personnel exchange focuses more on corporate/functional/regional high<br />

potential persons or experts in order to promote the following objectives:<br />

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develop Alliance global leaders with cross cultural experience;<br />

share expertise and excellence;<br />

support regional expansion especially in new developing countries;<br />

develop knowledge- sharing in critical expertise.<br />

As of July 1, <strong>2007</strong>, 122 employees have been participating in <strong>Renault</strong> –<br />

Nissan personne exchanges, 37 <strong>Renault</strong> employees are currently at Nissan<br />

in Japan, seven <strong>Renault</strong> employees are at Nissan North America, and two<br />

others in other Nissan countries. In addition, 29 <strong>Renault</strong> employees have<br />

been seconded to Nissan Europe. On the other hand, 28 NML employees<br />

have been sent to <strong>Renault</strong> and 19 others from elsewhere in Nissan to other<br />

<strong>Renault</strong> companies.<br />

More transfers are expected in the future as geographical expansion increases<br />

in ASEAN and South America regions as the Alliance business expands, with<br />

HR continuing to support these personnel exchanges to enhance the Alliance<br />

performance.<br />

1.3.4 NISSAN’S STRATEGY AND RESULTS IN <strong>2007</strong><br />

Nissan’s financial statements are prepared under Japanese accounting<br />

standards, which differ from the standards used by <strong>Renault</strong>. The statements<br />

include intermediate operating totals and some Nissan-specifi c indicators.<br />

To measure the contribution to <strong>Renault</strong>’s results, Nissan’s fi nancial statements<br />

are restated, as described in c hapter 7, note 13 of the notes to the Consolidated<br />

Financial Statements.<br />

Nissan has more than 185,000 employees and operates production facilities in<br />

over 40 countries. In 2006, Nissan was the number-two Japanese automaker by<br />

volume, selling 3,478,000 units worldwide in 2006. The company is managed<br />

in four major regions: Japan, the Americas, Europe and General Overseas<br />

Markets (GOM).<br />

ALLIANCE BUSINESS WAY PROGRAM<br />

The Alliance Business Way Program aims to boost the global success of the<br />

Alliance by improving team performance and individual skills. The program<br />

strives to build positive win-win relationships inside the Alliance.<br />

The following training programs are on offer:<br />

“Working with Japanese and French partners”: this training course is available<br />

at both <strong>Renault</strong> and Nissan and is designed for the Alliance’s key contributors.<br />

The purpose of the course is to gain a better understanding of cultural heritage<br />

and styles of working by focusing on three topics: communication , project<br />

management and problem solving while retaining a positive partnership;<br />

Team-Working Seminars (TWS) are designed for staff working in the<br />

Alliance entities, such as the CCTs and FTTs and common organizations.<br />

They aim to:<br />

improve team work ,<br />

strengthen personal bonds and mutual trust,<br />

create a team identity,<br />

share common team goals;<br />

Alliance Engineer Exchange Program (AEEP). The AEEP program was<br />

launched in 2005. Used to manage joint <strong>Renault</strong>-Nissan technical projects,<br />

it offers promising young engineers the opportunity to become involved in<br />

the Alliance.<br />

34 <strong>Registration</strong> <strong>Document</strong> <strong>Renault</strong> <strong>2007</strong><br />

Find out more at www.renault.com<br />

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Key fi gures for the fi scal year ending March 31, <strong>2007</strong>:<br />

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< TABLE OF CONTENTS ><br />

worldwide vehicle sales: 3.483 million units, down 2,4%;<br />

consolidated net revenue: ¥10,469 billion, an increase of 11.0%;<br />

consolidated operating profi t: ¥776.9 billion, or 7.4% of revenues;<br />

consolidated net income: ¥460.8 billion, down 11%;<br />

return on invested capital (ROIC): 15.3%.<br />

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