Nissan Reports First-Half Results For Fiscal Year 2017

November 8, 2017 by Nissan

YOKOHAMA, Japan – President and Chief Executive Officer Hiroto Saikawa of Nissan Motor Co., Ltd. today announced financial results for the six-month period to September 30, 2017.

In the first half, Nissan generated an operating profit of 281.8 billion yen on net revenues of 5.65 trillion yen.

Excluding special item costs associated with final vehicle inspection issues in Japan and class action settlements in the US, first-half operating profits reached 322.6 billion – in line with company expectations.

In the second quarter, excluding special item costs, operating profits rose 9.2% to 169.3 billion yen amid rising unit sales in markets including Japan and China, where demand increased for models such as the Serena, Note e-POWER, X-Trail and Sylphy.