NISSAN OPERATING PROFIT AT 150.4 BILLION YEN IN FY11 FIRST QUARTER

Posted on 27. Jul, 2011 by in Nissan Canada

07.27.2011

, YOKOHAMA, Japan

NISSAN OPERATING PROFIT AT 150.4 BILLION YEN IN FY11 FIRST QUARTER

– Global car sales adult 10.6% –

Nissan Motor Co., Ltd., currently announced an handling distinction of 150.4 billion yen (US $1.84 billion, euro 1.28 billion) for a initial entertain of mercantile year 2011, finale Mar 31, 2012.

“Our fast liberation from a healthy disasters in Mar once again shows a energy of Nissan in responding effectively and decisively to crisis,” pronounced Nissan President and CEO, Carlos Ghosn. “Nissan’s opening in a initial quarter, notwithstanding clever headwinds such as unfamiliar sell and rising tender element costs, demonstrates a intensity to broach a goals of a recently announced Nissan Power 88 mid-term plan.”

Globally, Nissan sole a sum of 1,056,000 vehicles in a initial entertain of mercantile year 2011, adult 10.6% compared to a same duration in mercantile 2010.

Net income increasing 1.6% to 2.082 trillion yen (US $25.48 billion, euro 17.73 billion), while a typical distinction amounted to 147.7 billion yen (US $1.81 billion, euro 1.26 billion) and net income totaled 85 billion yen (US $1.04 billion, euro 720 million).

In mercantile year 2011, Nissan will broach 5 all-new models globally. In a initial quarter, a Tiida hatchback done a entrance in China and a Lafesta Highway STAR minivan was launched in Japan. Three some-more all-new models will be introduced, a NV400 front- and rear-wheel-drive blurb vehicles for Europe and a Infiniti JX in North America.

Note1: Amounts in dollars and euros are translated for a preference of a reader during a foreign-exchange rates of 81.7 yen/dollar and 117.4 yen/euro, a normal rates for a mercantile year to date.

Note2: Nissan announced a financial forecasts for mercantile year 2011 (April 1, 2011 by Mar 31, 2012) on Jun 23, formed on unfamiliar sell rate assumptions of 80.0 yen/dollar and 115.0 yen/euro, and filed a following forecasts with a Tokyo Stock Exchange:

  • Net revenues of 9.4 trillion yen (US $117.5 billion, euro 81.74 billion);
  • Operating distinction of 460 billion yen (US $5.75 billion, euro 4 billion);
  • Ordinary distinction of 441 billion yen (US $5.51 billion, euro 3.83 billion);
  • Net income of 270 billion yen (US $3.38 billion, euro 2.35 billion);
  • Capital expenditures of 410 billion yen (US $5.13 billion, euro 3.57 billion); and
  • RD losses of 460 billion yen (US $5.75 billion, euro 4 billion).

About Nissan
Nissan Motor Co., Ltd., Japan’s second-largest automotive company, is headquartered in Yokohama, Japan, and is partial of a Renault-Nissan Alliance. Operating with some-more than 248,000 employees globally, Nissan supposing business with some-more than 4.1 million vehicles in 2010, generating income of 8.77 trillion yen ($102.37 billion US). With a clever joining to building sparkling and innovative products for all, Nissan delivers a extensive operation of 64 models underneath a Nissan and Infiniti brands. A colonize in zero-emission mobility, Nissan done story with a introduction of a Nissan LEAF, a initial affordable, mass-market, pure-electric car and leader of countless general accolades, including a prestigious 2011 European Car of a Year endowment and 2011 World Car of a Year. For some-more information on a products, services and joining to tolerable mobility, revisit a website during http://www.nissan-global.com/EN/.

For some-more information, contact:

Nissan Motor Co., Ltd. (Japan)
Global Communications
Tel:+81-(0)45-523-5552 (Corporate)
Tel:+81-(0)45-523-5549 (Product)
Tel:+81-(0)50-3804-7182 (IR)
http://www.nissan-newsroom.com/EN/ (For media)
http://www.nissan-global.com/EN/IR/ (For IR)

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