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Selling and General Administrative Expenses 20% SG&A expenses to sales ratio 18.1% 15.9% 15.0% 15% 10% 5% 17.3% 14.1% 12.3% 11.8% 11.2% 0% FY FY 2005 2006 FY 2007 FY 2008 FY FY FY FY 2009 2010 2011 2012 1H NISSAN 29 29 (C) Copyright NISSAN MOTOR CO., LTD. 2012 All rights reserved. www.nissan-global.com

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