Nissan Motor Co. said Monday it is aiming to increase its sales of light commercial vehicles by more than 40 percent by 2022 as part of its midterm business plan.

The carmaker said it is planning to boost its LCV sales to some 1.2 million units by 2022 compared to 850,000 in fiscal 2016.

The Yokohama-based carmaker's medium-term business plan, "Nissan M.O.V.E to 2022," covering the six years from fiscal 2017 was outlined last November, but at that time the firm did not elaborate on the target figure for LCVs.