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Nissan car announced 2020 fiscal year performance to achieve a stable recovery in the quarter

Authority Network reported ] In May 2021, Nissan Motors announced the 2020 fiscal year (April 31, 202, 202, March 31). By strengthening the financial foundation, the sales cost improvement, the product lineup and the reduction of fixed costs are reduced, and the Nissan Motor Company has achieved stable recovery in the 2020 fiscal year.

After experiencing unprecedented challenges, the sales volume of Nissan Motors has grown. In the previous quarter, Nissan Motors’ sales in the fourth quarter of fiscal year increased significantly. Nissan cars improve sales quality, optimize sales incentives, reduce inventory, improve unit revenue, etc., in the fourth quarter, the market is significantly reduced in the fourth quarter.

At the same time, the company has achieved steady progress in achieving LDQUO; Nissan Next Enterprise Transformation Plan; Nissan cars have achieved a fixed cost reduction of more than $ 3,50 billion, which exhas for a scheduled goal. The new Nissan Rogue sold in the US market and the new Nissan NOTE E-Power sold in the Japanese market as part of the new product lineup of Nissan, and the sales volume of the listing is good, fully showing the advantages of Nissan cars.

Due to the new coronary virus epidemics, Nissan Motors declined, especially in the first quarter, leading to the annual sales volume. Despite the gradual recovery of the next few quarters, the challenges faced by Nissan Motors still exists. In addition to the influence of new champions, external factors such as exchange rate fluctuations, shortage of chip supply also restrict the company’s profitability.

Nissan Motor Company consolidated the net income of 7.86 trillion yen, operating profit – 15.7 billion yen, which is significantly improved by the forecast of forecasts than fame. In a challenging business environment, Nissan Motors have sufficient liquidity assets. As of the end of 2020, the automobile business held a cash and cash equivalents of 1.9 trillion yen, and the car net cash was 636 billion yen. In addition, Nissan Motors will continue to have an unused commitment letter from about 2.2 trillion yen.Loan.

2020 main financial information

Nissan car company 2020 (April 1, 2020 Financial data from March 31, 202 (China in which Nissan Motor’s performance data in China is calculated), thanks to LDQUO; Nissan Next Enterprise Transformation Plan RDQUO; achieve steady progress, 2020 fiscal year Annual operating income is 7862.6 billion yen, operating profit -1,507 billion yen, net income – 448.7 billion yen, an increase of 222.5 billion yen year-on-year.

In the 2020 fiscal year, the Nissan Motor Company continued, robecly promoted LDQUO; Nissan Next Enterprise Transformation Plan RDQUO; to restore the current performance and improve business structure. In order to maintain this momentum, Nissan Motors will continue to launch more attractive products, improve profitability and future corporate brand value, and achieve ldquo; Nissan Next Enterprise Transformation Plan RDQUO; Mid 2023 Finance 3, 5 percentage The goal of operating profit margins. At the same time, Nissan Motors will continue to work hard to create a solid business foundation, and carry out the necessary investments for future performance growth and drive the electric drive layout.

FY1521 (March 31, 2022) (March 31, 2022) Outlook

Nissan Motor Company is expected to achieve 4.4 million units in fiscal year 20021 Compared with the previous fischer, it has grown 8.6%, while steadily promoting LDQUO; Nissan Next Enterprise Transformation Plan RDQUO ;. In the face of the continuous business risk of the global chip shortage and raw material prices, the Nissan Motor Company is working hard to minimize the impact of these risks and considering potential impacts, operating profit predictive is a positive and negative zero.

Nissan Automobile Company submitted to the Tokyo Stock Exchange for 2021 fiscal year (as of March 31, 202), and China’s joint venture company is based on equity method. It is expected to be specific: [123

Nissan Motor Company 2021

FY16

(Unit: billion Yuan)

(based on the report of the Tokyo Stock Exchange Mdash; mdash;

Tabulation: Auto News

2, from the 2013 fiscal year, Dongfeng Automobile Co., Ltd., which is established by Nissan Automobile and Dongfeng Automobile Co., Ltd., adopt equity method accounting method. Although the net profit report does not change under the new accounting method, the income and operating profits of Dongfeng Motors will no longer include Dongfeng Motors.

China’s joint venture part is based on equity method) [ 123] Net income

9, 100

[123 ] PLUSMN; 0.0 Net income 2 [123 ]

-60.0

1, Net income or net loss belonging to the holder of the parent company.
3, according to the proportion of China’s joint venture.

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