Nissan Motor Co. is considering moving most of its head office operations from Tokyo to Yokohama, where it was founded 71 years ago, sources said Tuesday.
The move to the Minato Mirai waterfront area would take place around 2010, the sources said. Nissan's head office functions are currently located in the Ginza district.
A company spokesman declined to elaborate on the move, saying only that the details have not been decided.
The relocation plan came about after Nissan succeeded in rebuilding itself into one of the world's most profitable automakers under the leadership of President Carlos Ghosn, making it financially possible for the company to build a new head office.
The Yokohama Municipal Government is offering tax breaks to companies located in Minato Mirai in an attempt to lure major businesses to the city.
Nissan, founded in 1933, moved its headquarters to Tokyo in 1968.