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4-Traders Homepage  >  Equities  >  Tokyo  >  Nissan Motor Co Ltd    7201   JP3672400003

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Nissan Motor : develops autonomous chair for queues

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09/27/2016 | 08:44pm CEST

Nissan today unveiled an autonomous chair for people who can't stand queuing -- the latest in a series of innovations designed to bring the benefits of its Intelligent Mobility blueprint to the daily lives of customers.

Following the success of the Intelligent Parking Chair earlier this year, the newly-developed ProPilot Chair negotiates queues on behalf of its occupant, sparing them the hassle of standing in line.

Named after the company's flagship autonomous driving technology, the ProPilot Chair detects and automatically follows the chair ahead of it, maintaining a fixed distance and travelling along a set path. This closely resembles how the ProPilot system for vehicles -- available on the Serena minivan in Japan since August -- maintains a safe distance behind the car ahead, and ensures that the vehicle stays in the centre of its lane.

The ProPilot Chair appeals to anyone who has queued for hours outside a crowded restaurant: it eliminates the tedium and physical strain of standing in line. The same user-friendly philosophy underpins Nissan's ProPilot autonomous driving technology, which was designed to ease driver workload by assisting with the most tiring and repetitive aspects of driving in heavy highway traffic. The unifying concept behind both is Intelligent Mobility, Nissan's vision for how cars will be driven, powered, and integrated into society.

Nissan will also ensure that the ProPilot Chair receives plenty of real-world testing. Between now and December 27, restaurants across Japan can apply to use the chairs, it said.

The chairs will appear at selected restaurants in 2017. In the meantime, from September 29 through October 2, the public gallery at Nissan's Global Headquarters in Yokohama will play home to an exhibit featuring six of the chairs. Visitors will be able to try the chairs and see them in action in a queue simulation. - TradeArabia News Service

آ© Copyright 2014 www.tradearabia.com

(c) 2016 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( JPY)
Sales 2017 11 432 379 M
EBIT 2017 700 000 M
Net income 2017 527 790 M
Debt 2017 5 201 259 M
Yield 2017 4,70%
P/E ratio 2017 7,85
P/E ratio 2018 7,01
EV / Sales 2017 0,85x
EV / Sales 2018 0,83x
Capitalization 4 480 725 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 1 250  JPY
Spread / Average Target 22%
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Carlos Ghosn Chairman, President & Chief Executive Officer
Joseph G. Peter Chief Financial Officer, Head-IR & Accounting
Shunichi Toyomasu Head-Systems Technology Development Division
Celso Guiotoko Chief Information Officer
Takao Asami Senior Managing Executive Officer & Head-Research
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