2007 Interactive Registration Document - Renault
2007 Interactive Registration Document - Renault
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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