FY2007 Financial Results and New Mid-term Plan, May 13th, 2008
- Date
- May 13, 2008
- Venue
- Nissan Head Quarters, Tokyo
Nissan Motor Co., Ltd. announced financial results for the fiscal year 2007, ending March 31, 2008, and filed the following results with the Tokyo Stock Exchange: Net revenues of 10.824 trillion yen, Operating profit of 790.8 billion yen, Ordinary profit of 766.4 billion yen, Consolidated net income of 482.3 billion yen, Operating profit margin of 7.3%.
Nissan also released an outline of its new five-year business plan called "NISSAN GT 2012," which covers the period from April 1, 2008, to March 31, 2013. NISSAN GT 2012 contains corporate commitments: "Quality leadership", "Zero-emission vehicle leadership", "Five percent revenue growth on average over five years (FY2008 to FY2012)". The three commitments will be backed by five business breakthroughs.
Based on the company's outlook and assuming foreign exchange rates of 100 yen/dollar and 155 yen/euro, Nissan filed the following forecast for the fiscal year ending March 31, 2009, with the Tokyo Stock Exchange: Consolidated net revenues of 10.35 trillion yen, Operating profit of 550 billion yen, Ordinary profit of 545 billion yenNet income of 340 billion yen.
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