Nissan Motor's overall group financial results for the nine months until December last year showed that although sales exceeded the same period of the previous year due to the effect of the weaker yen, the final profit decreased by 42% due to soaring raw material prices. , decreased for the first time in two years.
Nissan Motor's financial results for the entire group from April to December last year showed that sales volume, mainly in China and North America, the main markets, decreased by 17% compared to the same period last year, but the effect of the weak yen was large. Sales were 7.4996 trillion yen, an increase of 21.9% from the same period last year.
On the other hand, the final profit was 115 billion yen, down 42.9% from the same period of the previous year, the first decline in two years.
This was mainly due to the impact of soaring raw material prices, which depressed profits by more than 180 billion yen, and the loss associated with the withdrawal from the Russian business.
In addition, we have revised down our sales forecast for this fiscal year from 3.7 million units to 3.4 million units.
On the other hand, Nissan agreed to form a new alliance this month, including reviewing the capital relationship with Renault, which has an alliance, on an equal footing.
Regarding this, COO Ashwani Gupta said at a press conference on the 9th, "With a history of 24 years, the alliance has taken the partnership to the next level. Together, we will accelerate innovation and drive cost efficiency." He said that he hopes to connect the new partnership to strengthen competitiveness.