# Who does Nissan Motor pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/nissan-motor · Facet: suppliers · Updated: 2026-10-31T16:03:51.888017+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Nissan Motor's confirmed suppliers/cost counterparties include Nippon Steel, Expeditors International of Washington, Inc., SK Innovation (SK On) plus 2 undisclosed/aggregate relationships. Per the valuechain.wiki graph: 5 cost edges, backed by 7 dated sources, 0 of them primary filings (as of 2026-10-31).

### 미쓰비시자동차 (high)  → /mitsubishi-motors.md
- metric: voting stake 26.67% · 2026-03-31 · Voting stake excluding treasury shares
- note: Nissan was the largest shareholder with 26.67% of voting shares excluding treasury stock at March 31, 2026. This differs from the roughly 24% economic stake reported after the 2024 buyback.
- [confirms] Mitsubishi Motors (EN, filing, published 2026-06-16) https://www.mitsubishi-motors.com/en/investors/library/pdf/260616yuka_e.pdf: "Mitsubishi Motors’ filing reports Nissan’s voting stake at 26.67%."
- [confirms] Nissan Motor (EN, news, published 2024-11-07) https://global.nissannews.com/en/releases/241107-03-e: "Nissan sells a portion of Mitsubishi Motors shares, 34.07% to ~24%."

### 신일본제철 (high)  → /nippon-steel.md
- note: Procures Nippon Steel's 2.0 GPa sheet for body reinforcements in the all-new Elgrand; procurement value is undisclosed.
- [confirms] Nippon Steel (EN, ir, published 2026-10-08) https://www.nipponsteel.com/en/newsroom/news/2026/20261008_100.html: "Nippon Steel says its 2.0 GPa sheet is used in underbody reinforcements of Nissan’s all-new Elgrand."

### 익스페디터스 인터내셔널 (high)  → /expeditors-international.md
- note: Nissan Motor began working with Expeditors in 1993 for customs brokerage of vehicles and service parts shipped from Japan to the United States. Nissan later expanded the scope to high-volume just-in-time imports, manufacturing operations and a technical center, and presented Expeditors with a Business Expansion Award in 2017.
- [confirms] Expeditors (EN, news, published 2017-05-24) https://info.expeditors.com/nissan-customs-and-compliance: "Expeditors began working as Nissan's customs broker in 1993."

### 철강·부품·반도체 공급망 (mid)
- metric: cost savings ¥60 · FY2026 Q1 · Realized Re:Nissan cost savings, not payments to suppliers
- note: This basket represents steel, drivetrains, electronics and other production inputs. Nissan reported about JPY60 billion of Re:Nissan savings in FY2026 Q1, mainly from variable costs. The amount is not a payment to any named supplier.
- [confirms] Nissan Motor (EN, ir, published 2026-08-03) https://global.nissannews.com/en/releases/260803-01-e: "Nissan reported about JPY60 billion of Re:Nissan savings in FY2026 Q1; consolidated revenue was JPY2,964.2 billion and operating profit JPY77.9 billion."
- [confirms] Nissan Motor (JA, ir, published 2026-08-03) https://global.nissannews.com/ja-JP/releases/260803-01-j: "The Japanese release also confirms approximately JPY60 billion of Q1 savings, JPY2,964.2 billion revenue and JPY77.9 billion operating profit."
- [mentions] Macquarie (via Investing.com) (EN, research, published 2026-02-13) https://www.investing.com/news/stock-market-news/nissan-leaps-9-after-swinging-to-operating-profit-macquarie-upgrades-stock-4504638: "Macquarie: ¥160bn fixed-cost and ¥240bn variable-cost savings, both exceeding targets."

### SK이노베이션(SK온) (mid)  → /sk-innovation.md
- note: The sourcing bottleneck — and risk — of Nissan's EV shift: SK Battery America is to supply 99.4GWh of high-nickel cells from Kentucky (~KRW 15tn, 2028-2033), but the deal's scale rides on Nissan's EV lineup succeeding. With Nissan EV delays reported, execution is uncertain, making this a conditional volume tied to the turnaround rather than firm backlog.
- [confirms] KED Global (EN, news, published 2025-03-20) https://www.kedglobal.com/batteries/newsView/ked202503200002: "SK Battery America–Nissan 99.4GWh supply deal, ~KRW 15tn, 2028-2033, Kentucky."

### AESC (Envision AESC) (mid)
- note: Nissan's long-standing battery partner (formerly Automotive Energy Supply). Cells for the new Leaf and Ariya; Sunderland gigafactory (initial 15.8 GWh) now running — core of Nissan's EV36Zero hub.
- [confirms] electrive (EN, news, published 2025-12-17) https://www.electrive.com/2025/12/17/aesc-opens-gigafactory-in-sunderland/: "AESC Sunderland gigafactory operational; cells for the new Nissan Leaf (initial 15.8 GWh)."

Reverse side: https://valuechain.wiki/nissan-motor/customers.md · Ripple: https://valuechain.wiki/nissan-motor/ripple.md

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Full node: https://valuechain.wiki/nissan-motor.md · JSON: https://valuechain.wiki/nissan-motor.json