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2HD
06-25-2004, 09:50 AM
Japan's Nissan Moving to Yokohama

Thu Jun 24,11:07 AM ET

TOKYO - Nissan Motor Co., the Japanese automaker that has achieved a turnaround under an alliance with Renault SA of France, said Thursday it will move its headquarters from Tokyo to Yokohama by 2010.

Chief executive Carlos Ghosn and Yokohama Mayor Hiroshi Nakada announced the move, citing a lack of space at the Tokyo offices. The new headquarters would be housed in a new Yokohama skyscraper, which has yet to be built, Ghosn said.

Nissan now has 3,000 employees working at the headquarters in the bustling Ginza district of Tokyo. It will transfer at least 2,000 to the new building in Yokohama. Ghosn declined to give costs of the move, but said it would result in an overall cost savings.

He said Yokohama was chosen because Nissan used to be based in the major port city, about 18 miles south of Tokyo.

2HD
06-25-2004, 09:51 AM
Cool a skyscrapper! they should go for the World's Tallest Building!

Deadpool
06-25-2004, 09:53 AM
Cool a skyscrapper! they should go for the World's Tallest Building!



Not much savings there

2HD
06-25-2004, 09:58 AM
Cool a skyscrapper! they should go for the World's Tallest Building!



Not much savings there



Would be cool though!

2HD
06-25-2004, 09:59 AM
MORE

Nissan to move HQ out of Tokyo in 2010

TOKYO, June 24, 2004; Reuters reported that Nissan Motor Co, Japan's second-largest auto maker, said on Thursday that it would spend 45 billion yen ($415 million) to build a new headquarters in Yokohama, a port city south of Tokyo, by 2010.

Nissan, which posted record operating profits last year, declined to disclose how much it would save by relocating to Yokohama, 30 minutes from Tokyo by train, but said the municipal government had pledged tax breaks.

"Moving our global and domestic operations ... will allow us to work more efficiently and cross-functionally," Carlos Ghosn, president and chief executive of Nissan, said in a statement.

The auto maker plans to transfer at least 2,000 of the 3,000 employees based in Ginza, Tokyo, the current headquarters, to the new building, which will be completed in 2010.

Construction will begin in 2007.

2HD
06-25-2004, 10:03 AM
RENDERING

http://www.japancorp.net/topimg/Low_Nissan0624.jpg

http://www.nissan-global.com/IMAGES/2004/hq2.jpg



Nissan To Create New Global and Domestic Headquarters in Yokohama City by 2010


Yokohama, Japan, June 24, 2004 - (JCN Newswire) - Nissan Motor Co., Ltd. (TSE: 7201), will relocate most of its head office functions and personnel to an all-new global and domestic headquarters in Yokohama City, district 66 in Minato-Mirai. The project was announced today in Yokohama City by Nissan President and CEO Carlos Ghosn and Yokohama City Mayor Hiroshi Nakada.

"Moving our global and domestic operations to Yokohama makes a lot of sense for Nissan," said Mr. Ghosn. "Our current facilities in Tokyo have served us well over the years, but the management of our global business will require a more advanced, flexible environment that will allow us to work more efficiently and cross-functionally."

Yokohama City Mayor Nakada said: "Since I assumed my current position, my belief has been that the mission of the government is to create an environment that makes Yokohama a city where people's potential can be fully demonstrated. The establishment of an ordinance to solicit businesses to Yokohama was part of the effort, and Nissan was the first to respond to this initiative.

"I understand that the company is decisive and has a will to act whenever it recognizes the benefit," he added. "Nissan's move explains why the company has been able to revive in a short period of time. I would like to express my warm welcome to one of the world-class companies to Yokohama."

Nissan will transfer at least 2,000 of the 3,000 employees based in Ginza to the new facility in Yokohama. Additionally, Nissan will relocate its purchasing, manufacturing and logistics operations currently based in Ginza to its Atsugi Technical Center.

Following yesterday's approval by Yokohama City for public invitation for district 66 of the Minato-Mirai area, Nissan will begin construction of the new facility in 2007 . The new facility is expected to be fully operational in 2010.

Locating its headquarters in Yokohama City will allow much closer collaboration with the Nissan Technical Center in Atsugi, with its Yokohama and Oppama plants as well as with key suppliers and other operational partners in the region. A combination of convenient public transportation and access to major expressways also makes the Minato-Mirai area attractive for Nissan and its employees.

"We look forward to joining this community and to contributing to the forward-thinking spirit that exists in Yokohama City and Kanagawa Prefecture," said Mr. Ghosn.

More details concerning the design and construction plan for the new facility will be made available at a later date.


About Nissan Motor Co., Ltd.

Nissan Motor Co., Ltd. (TSE: 7201)(NASDAQ: NSANY) was established in 1933 to manufacture and market the Datsun, a small passenger car, and related automotive components. The company is Japan's second largest automobile manufacturer and the world's fifth, with annual global sales of 2,415,433 vehicles. The company markets a wide range of passenger cars, commercial vans, trucks and buses, parts and components in over one hundred and seventy countries. The company has also expanded its operations to include forklifts, textile machinery and other industrial machinery and equipment. Nissan's affiliation with French automaker Renault in 1999 has helped produce Nissan's best results in a decade. The company has three hundred and forty two consolidated subsidiaries worldwide. Consolidated sales in FY 2000 exceeded $49 billion dollars (Euro 55 billion.) For further information, please visit the Nissan Motor Co., Ltd. home page at: www.nissan.co.jp/EN/ (http://www.nissan.co.jp/EN/)

Deadpool
06-25-2004, 10:15 AM
http://www.japancorp.net/topimg/Low_Nissan0624.jpg


Noice

M_TYPE_X
06-25-2004, 01:20 PM
http://www.japancorp.net/topimg/Low_Nissan0624.jpg


Noice




Somehow, that building looks nicer than the Ford World HQ in Dearborn .... because ........ any corp HQ is. http://forums.freshalloy.com/images/graemlins/smirk.gif

2HD
06-25-2004, 02:55 PM
Somehow, that building looks nicer than the Ford World HQ in Dearborn .... because ........ any corp HQ is. http://forums.freshalloy.com/images/graemlins/smirk.gif



You won't strain your neck looking at it though, according to Japan Today the building will be only 150 meters high which is about 492 ft for the meterically challenged. Compare that to the Yokohama Landmark Tower that is 296m, is located in Yokohama and is Japan's tallest building. The Queen's Tower A is the second tallest in the city at 172 m and the third (The Bank of Yokohama Head Office which is quite a beauty) is 153m. Why doesn't Nissan just go for the gold and make it's tower at least 155m? It is Nissans hometown afterall and would only be a couple more mill. http://forums.freshalloy.com/images/graemlins/smirk.gif http://forums.freshalloy.com/images/graemlins/grin.gif

M_TYPE_X
06-25-2004, 09:29 PM
Too bad Nissan "Rising Sun" Motors can't get a government subsidy for the new pad!

SHIFT_6speeds
06-25-2004, 11:24 PM
I wonder if this building will get a low rent, cheesy interior?

RandyWatson
06-27-2004, 08:00 PM
I wonder if this building will get a low rent, cheesy interior?


Funniest [censored] I've read all month. This is a sign of EGO. CEO buildings. Sigh. They are acting like they are #1 or something.

M_TYPE_X
06-27-2004, 10:31 PM
This is a sign of EGO. CEO buildings. Sigh. They are acting like they are #1 or something.



Always build for where you wanna be. http://forums.freshalloy.com/images/graemlins/grin.gif

Umi_R98
06-28-2004, 02:54 PM
if they have the funds backing it, sure why not. Toyota has a whole "city" to themselves /shrug