Financial forecasts for Nissan
The recent Earthquakes and Tsunami in Japan have left many Japanese car makers in trouble. A lot of parts, body panels and engines for manufacturers like Toyota and Honda are produced in Japan and then shipped over here. Unfortunately the natural disaster has left a massive back log which the suppliers are struggling to fulfil.
Nissan appears to be have been less affected by this, its main engine and car plants are based in Europe or unaffected parts of Japan. Nissan has announced a very positive financial forecast for the fiscal year of 2011.
Nissan reported the following:
• Net revenues of 9.4 trillion yen (US $117.5 billion, euro 81.74 billion);
• Operating profit of 460 billion yen (US $5.75 billion, euro 4 billion);
• Ordinary profit of 441 billion yen (US $5.51 billion, euro 3.83 billion);
• Net income of 270 billion yen (US $3.38 billion, euro 2.35 billion);
• Capital expenditures of 410 billion yen (US $5.13 billion, euro 3.57 billion);
• R&D expenses of 460 billion yen (US $5.75 billion, euro 4 billion).
Nissan has set itself very aggressive targets, its forecasted global sales for the fiscal year of 2011 to be 4.6 million units, which is a 9.9% increase when compared to the previous year, and plans to double dividend payments for fiscal year 2011 to 20 yen for the full year.
With sales of the New Juke and the evergreen new Nissan Micra in Guildford continuing to increase, very few doubt that these figures will not be achieved.
Please continue reading here: new Nissan Micra in Guildford
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