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Thursday, November 29, 2018, 13:00 - 14:00

Takaki Nakanishi, Analyst and CEO, Nakanishi Research Institute, Co., Ltd.

"The Fallout from Carlos Ghosn's Arrest"

Speech and Q&A will be in English.

Apart from the personal crisis facing Carlos Ghosn and Greg Kelly, the two Nissan executives, who were arrested on Nov. 19 for alleged financial crimes, the fallout for the companies they represent could be far-reaching. Ghosn's fall from grace, more so than Kelly's, is potentially problematic for the three "alliance" partners - Nissan, Mitsubishi Motors and Renault - as well as other strategic relationships in Europe, North America and China.

An auto industry legend for leading Nissan's turnaround nearly 20 years ago, Ghosn, until this week, served concurrently as chairman of Nissan and Mitsubishi Motors and chairman and CEO of Renault, Nissan's largest shareholder. Nissan has taken steps to remove Ghosn from management. Mitsubishi Motors and Renault are reportedly waiting for more information.

To address the impact of Ghosn's sudden removal on Nissan, the Renault-Nissan-Mitsubishi Motors alliance and the global auto industry more generally, the club has invited one of the industry's leading analysts to discuss these issues.

Takaki Nakanishi, who is CEO of Nakanishi Research Institute, followed all of the major automotive mergers through the 1990s and beyond, including Renault's acquisition of a controlling stake in Nissan and Ghosn's spectacular turnaround of the operation. Nakanishi, ranked as the top analyst in the sector for six consecutive years between 2003 and 2009, is expected to tell us what the most successful industry alliance will look like without its leader.

Will Nissan buy back the 43% equity stake Renault holds? Can it afford to do so? Can the alliance deliver on its aggressive electric vehicle plans? Is Mitsubishi Motors' relatively strong position in Southeast Asia enough for Nissan to continue financial and management support in light of its own deteriorating profit outlook? And so on and so forth.


Please reserve in advance, 3211-3161 or on the website (still & TV cameras inclusive). Reservations and cancellations are not complete without confirmation.

5F Marunouchi Nijubashi Bldg., 3-2-3, Marunouchi, Chiyoda-ku, Tokyo 100-0005
〒100-0005 東京都千代田区丸の内3-2-3 丸の内二重橋ビル5階

Doors Open for TV at 12:00. For all others at 12:20, still cameras included.

Professional Activities Committee


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