Nissan to postpone midterm business plan targets


TOKYO, April 26 (Reuters) - Nissan Motor Co. said on Thursday it will postpone its medium-term business plan targets by a year. The "Nissan Value-Up" plan called for an operating profit margin at the "top end" of the industry, and a 20 percent return on invested capital in 2007/08. A vehicle sales target of 4.2 million units was slated for completion a year later. "2006 did not boost our results towards achieving the objectives of Nissan Value-Up," CEO Carlos Ghosn said in a statement. ...

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