NISSAN’S vehicle recovery rate at 95.2%

–　Exceeds Target Set Under Nissan Green Program 2010 –

TOKYO.— Nissan Motor Co. Ltd., today shared the progress report on its recycling efforts for the fiscal year 2006 (April 2006 to March 2007). Through its extensive recycling efforts, Nissan has already exceeded the targets set under the Nissan Green Program 2010 mid-term environmental action plan.

Nissan’s recycling policies are in compliance with the Japan Automobile Recycling Law*1, enacted on January 1, 2005. The progress report focused on three key areas:

* Automobile Shredder Residue (ASR)

* Airbag-related components

* Fluorocarbons (CFCs/HFCs)

Under the Nissan Green Program 2010 mid-term environmental action plan, the company plans to accelerate its recycling efforts to achieve an average 95% recovery rate for end-of-life vehicles (ELVs) by FY2010. In Japan, this is four years ahead of the 2015 regulations.

In FY2006, Nissan recycled 95,240.3 tons from the 128,827.9 tons of ASR (635,440 vehicles) recovered. This represents a recovery ratio of 73.9%, which exceeds the 70% standard required by law. Nissan is already in compliance nine years ahead of the 2015 legal requirement.

The effective recycling recovery rate stands at 95.2%*2, against the 95% target set under the Nissan Green Program 2010 environmental action plan. This has been accomplished four years in advance of the 2010 target.

A total of 439,526 airbag-related products (229,049 vehicles）were received. Recycling involve ELV recovery processing as well as on-board deployment. The airbag recycling ratio stood at 94.3%, exceeding the legal requirement of 85%.

A total of 160,200kg of fluorocarbons were collected (507,037vehicles） and processed appropriately.

The cost of these recycling efforts amounted to 5,523,193,204 yen. On the contrary, recycling fees and income generated from the business of managing recycling operations totaled 5,642,113,359 yen, contributing to a net surplus of 118,920,115 yen.

The cumulative balance from the recycling operations from FY2004 to FY2006 results in a deficit of 58,206,881 yen, which is consistent with the forecast cost.

The FY2006 progress report demonstrates that Nissan has exceeded all the recycling standards stipulated under the Japan Automobile Recycling Law and ahead of its legal obligations.

Consistent to the Nissan Green Program, the company will continue with its efforts to reach the ultimate recovery ratio of 100% i.e. to reuse and recover 100% of the materials from ELV into usable resources.

Additional efforts to increase ELV recycling include:
　(1) Materials recycling to develop new methods in creating usable materials from ELVs
　(2) Measures to achieve zero land-fill waste (in Japan)

In the long-term, Nissan is also making improvements to the recyclability of new vehicles including:
　(1) Expansion of vehicle design to enable easy dismantling and recycling of the vehicle
　(2) Development of recycling technologies for hybrid, electric and fuel cell vehicles