Tous Actualités
Suivre
Abonner Nissan Motor Co., Ltd.

Nissan Motor Co., Ltd.

Nissan Net Income Rises to 238.8 Billion Yen in FY04 First Half

Tokyo, Japan (ots/PRNewswire)

- Maintains Double-Digit Operating Profit Margin of 10.1%
Nissan Motor Co., Ltd., today announced financial results for the
first half of the fiscal year ending March 31, 2005. In the six
months through September, Nissan's net income after tax totalled
238.8 billion yen (US$2.17 billion, euro 1.79 billion), an increase
of 0.5% compared with last year.
"Many of the external risks we forecast at the beginning of the
year have materialised, including higher incentives, commodity prices
and interest rates," said Nissan President and CEO Carlos Ghosn.
"Despite this challenging environment, we still achieved strong
results for the first half due to robust sales in the US and
continuous improvement in our European operations."
Nissan's net consolidated revenue amounted to 4.008 trillion yen
(US $36.5 billion, euro 30.1billion), up 12.7% compared with the same
period last year. Operating profit in the first half totalled 403.4
billion yen (US$3.67 billion, euro 3.03 billion), up 0.6 % from the
same period a year ago, while the operating profit margin came to
10.1%. Ordinary profit amounted to 401.4 billion yen (US$3.66
billion, euro 3.02 billion), up 2.8%.
Globally, Nissan sold a total of 1,596,000 vehicles in the first
half of the fiscal year, an increase of 8.8% compared with last year.
In Japan, sales fell 4.9% to 368,000 units, including
mini-vehicles. In the US, sales grew 16.6% to 489,000 units. In
Europe, sales rose 6.6% to 285,000 units in the same period. Sales in
General Overseas Markets advanced 15.2% to 454,000 units, including
sales in China of 84,000 units.
Ghosn said Nissan would maintain its forecast for the full fiscal
year, despite the volatile and uncertain global environment.
"The business climate in the second half is likely to remain
severe as the risks are expected to continue," said Ghosn. "Despite
this outlook, we are maintaining our full-year forecast, supported by
strong business fundamentals and the release of nine all-new models
in key markets around the world."
Nissan forecasts full-year net revenue of 8.176 trillion yen,
operating profit of 860 billion yen, ordinary profit of 846 billion
yen and net profit of 510 billion yen.
The results for the first half include, for the first time, a 50%
proportional consolidation of Dongfeng Motor Co., Ltd., Nissan's
joint venture in China, and the full consolidation of Siam Nissan
Automobile Co., Ltd., in Thailand and Yulon Nissan Motor Co., Ltd.,
in Taiwan.
Other FY04 first-half financial highlights
Indebtedness:
Consolidated net automotive indebtedness amounted to 100.2 billion
yen (US$913 million, euro 753 million) in the first half, down from
278.1 billion yen on September 30, 2003.
Consolidated net debt for sales financing operations totalled
3.290 trillion yen (US$29.96 billion, euro 24.72 billion), up from
2.712 trillion yen on September 30, 2003, reflecting the significant
sales growth of the company.
Shareholder's equity:
Consolidated shareholder's equity totalled 2.257 trillion yen
(US$20.55 billion, euro 16.95 billion), an increase of 233 billion
yen compared to 2.024 trillion yen as of March 31, 2004.
Notes: Amounts in dollars and euros are translated for the
convenience of the reader at the foreign exchange rates of 109.8
yen/dollar and 133.1 yen/euro, the average rates for the first half
of the fiscal year ending March 31, 2005.

Contact:

Mia Nielsen/Keiko Tanaka, Tel: +81-3-5565-2141

Plus de actualités: Nissan Motor Co., Ltd.
Plus de actualités: Nissan Motor Co., Ltd.
  • 07.10.2004 – 17:32

    Nissan Europe Reports September Sales

    Trappes, France (ots/PRNewswire) - Nissan Europe reported total sales of 49,736 vehicles (1) in September 2004, a decrease of 12.6% over the same month last year. In the nine month period from January to September 2004, Nissan Europe sold 411,509 units, 2.8% up from last year. HIGHLIGHTS BY COUNTRY - Nissan in France sold 4,150 units in September, registering a 15.6% increase compared to last year. In the ...

  • 23.09.2004 – 09:02

    Nissan Europe Launches Media Website

    Paris (ots/PRNewswire) - At the 2004 Paris Motor Show, Nissan Europe will launch its new media website www.nissaneurope-newsbureau.com. www.nissaneurope-newsbureau.com comprises a wide range of material such as the latest press releases, key figures, presentation of Nissan's main operations in Europe and a comprehensive photo library. It is a free access site which does not require a login nor a password. ...

  • 07.09.2004 – 19:04

    Nissan Europe Reports August Sales

    Trappes, France (ots/PRNewswire) - Nissan Europe reported total sales of 31,726 vehicles (1) in August 2004, an increase of 4% over the same month last year. In the eight month period from January to August 2004, Nissan Europe sold 361,839 units, 5.3% up from last year. Highlights by Country - Nissan in France sold 2,525 units in August, registering a 5.2% increase compared to last year. In the eight month period from January to August 2004, Nissan sold 31,429 ...