Japan: Nissan predicts 15.4% net profit fall in FY2011

Nissan has revealed its financial forecasts for the fiscal year ending 31 March 2012 (FY2011), indicating expected year-on-year revenue growth of 7.1% but a decline in profits at all levels, with net earnings predicted to fall 15.4%. FY2011 revenue is estimated at ¥9,400bn (US$117.2bn), versus the ¥8,773.1bn reported in FY2010, a Subscribe to Automotive World … Continued

• By Webmaster
• June 23, 2011