automotive

july 31, 2017 - Nissan

Nissan reports first quarter results for fiscal year 2017

Nissan reports financial results in line with company expectations despite rising raw material costs, adverse foreign exchange impacts, and slower than anticipated growth in key markets.
Sales in Japan up 45.6%, US sales up more than total industry volume at 1.2%, sales in China up 5.3%, sales in Europe up 1.1%, and sales in other markets, including Asia and Oceania, Latin America, the Middle East and Africa up 1.2%.

YOKOHAMA, Japan (July 27, 2017) – Nissan Motor Co., Ltd. today announced first quarter financial results for the three months to June 30, 2017.
Nissan generated an operating profit of 153.3 billion yen on net revenues of 2.76 trillion yen. Overall, results were in line with the company’s expectations for the first quarter and the company expects improved profitability for the remainder of the year driven by its product cadence.
Fiscal Year 2017 First Quarter Financial Highlights
The following table summarizes Nissan’s financial results for the three-month period to June 30, 2017, calculated under the equity accounting method for the Group’s China joint venture. Operating profits declined 12.8% compared to the prior year primarily due to the conditional change resulting from the divestiture of Calsonic Kansei, rising raw material costs, and adverse foreign exchange impacts. Net income was down 1.1%.

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- Documents (6)

Press release

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Presentation slides - analyst session

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Presentation slides - media session

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Nissan financial results for the three months ended June 30 2017

248KB

Nissan IR data sheet

136KB

Financial results summary sheet

77KB

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