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    7201   JP3672400003

NISSAN MOTOR CO LTD

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From low-profile private lounge, Ghosn's last exit from Japan

01/03/2020 | 06:52pm EST

OSAKA, Japan (Reuters) - A quiet lounge in a corner of Japan's third-largest airport was likely the last stop for Carlos Ghosn before he fled the country, transforming the former Nissan chairman into one of the world's most famous fugitives.

Ghosn departed on a private jet from Kansai International Airport in the western city of Osaka, the plane's operator said, meaning he would have left from the small lounge area used exclusively for private flights.

The aircraft operator, Turkish firm MNG Jet, said one of its employees had admitted falsifying records by not including Ghosn's name in the official documentation.

Ghosn faces charges relating to alleged financial crimes in Japan and was able to orchestrate his departure despite being under strict surveillance by Japanese authorities, with movements and communications curtailed. He denies the financial misconduct charges.

"He would have had to go through as a passenger, perhaps in disguise," airport spokesman Kenji Takanishi told Reuters.

The slightly built former Nissan boss has concealed his identity before: when first released on bail in March, he walked out of the detention centre disguised as a workman to avoid media.

After landing in Turkey, Ghosn switched planes and flew on to his childhood home, Lebanon. His escape capped a year-old saga which has gripped the global auto industry.

Kansai airport spokesman Takanishi said privacy was a big attraction for wealthy travellers at the 300-square-metre "Premium Gate Tamayura" - which means "fleeting moment" - for private jets.

PASSENGER IN DISGUISE?

Private jet owners pay 200,000 yen ($1,850) to use the facility in Osaka, where normal immigration and baggage procedures apply. Luggage too large for the X-ray scan is opened and examined, Takanishi said, meaning it was unlikely Ghosn could have been smuggled on board.

Yet immigration officials have no record of him leaving, public broadcaster NHK has reported. The former auto executive holds French, Brazilian and Lebanese citizenship.

"I think I would recognise Ghosn if I took a good look at his face, but we don't really look at people's faces," said a security guard at the private gate.

"It would be harder to spot him if he was wearing a disguise or was in a group."

One airport official, who also declined to be identified, said airlines often outsource security and luggage checks to private security companies in Japan, unlike other countries where government or military officials normally do them.

Outside the terminal entrance, a dedicated parking lot stands less than 100 metres away, allowing a degree of privacy not afforded to commercial jet passengers.

(This story refiles to correct headline and top two paragraphs to clarify ambiguous wording)

By Tim Kelly and Maki Shiraki


ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AT HOME GROUP INC. -0.08% 36.99 End-of-day quote.0.00%
BLOCK, INC. -1.71% 115.3 Delayed Quote.-28.61%
NISSAN MOTOR CO LTD 0.02% 605.5 Delayed Quote.8.92%
RENAULT 5.37% 35.21 Real-time Quote.9.35%
US DOLLAR / TURKISH LIRA (USD/TRY) 0.42% 13.51083 Delayed Quote.0.87%
WORKMAN CO.,LTD. -0.19% 5120 Delayed Quote.-6.73%
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Analyst Recommendations on NISSAN MOTOR CO LTD
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Financials
Sales 2022 8 802 B 77 207 M 77 207 M
Net income 2022 199 B 1 749 M 1 749 M
Net Debt 2022 5 457 B 47 870 M 47 870 M
P/E ratio 2022 11,9x
Yield 2022 0,53%
Capitalization 2 370 B 20 801 M 20 787 M
EV / Sales 2022 0,89x
EV / Sales 2023 0,80x
Nbr of Employees 131 461
Free-Float -
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Nissan Motor Co Ltd Technical Analysis Chart | 7201 | JP3672400003 | MarketScreener
Technical analysis trends NISSAN MOTOR CO LTD
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 605,40 JPY
Average target price 748,33 JPY
Spread / Average Target 23,6%
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Managers and Directors
Makoto Uchida Executive President & Chief Executive Officer
Stephen Ma Chief Financial Officer & Executive Officer
Yasushi Kimura Chairman
Anthony Thomas Chief Information Officer
Ashwani Gupta COO & Representative Executive Officer
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