Nissan Motors announced the third quarter of the 20020 fiscal year financial report

Authorized network report ] February 10, 2021, Nissan Motors announced the 20020 fiscal year (April 1, 2020, December 31, 2020) Financial report And the adjusted 2020 fiscal year outlook. In the third quarter of FY2020, Nissan Motor Company consolidated net income of 2.22 trillion yen, the merged operating profit was 27.1 billion yen, and the operating profit margin was 1.2 percent. The third quarter net loss is 137.8 billion yen. Compared with the same period last year, the sales cost, manufacturing and fixed costs have made positive contributions to profit improvement.

The quarterly recovery is obvious, such as Nissan Next Enterprise Transformation Plan, end sales situation is improved, and the financial foundation is strengthened. Compared with the previous quarter, Nissan Motors operating profit resumed positive value in this quarter.

The following chart summarizes the financial data of Nissan Motors for the third quarter of FY1520 (December 1, 2020, 20020, which is used by the Japanese car joint venture company. Calculation of the rights method.

Nissan Motor Company’s main financial information in the third quarter of fiscal year

(based on the TDASH of the Tokyo Stock Exchange; China Joint Veh Company is based on Right method calculation)

2020 fiscal

2,504.2

2, 224.8 [123

Operating profit

-4.8

-285.6

The average exchange rate of 104.5 yen / US dollar and 124.6 yen / euro were calculated in the third quarter of the year of 20020

2020 fiscal year (April 1, 2020) From December 31, 2020), Nissan Motor Company consolidated net income of 5.32 trillion yen, with a consolidated business loss of 1,31.6 billion yen, and operating profit margin is -2.5 percent. The net loss in the first 9 months 1 is 367.7 billion yen. Due to the recovery of performance in the third quarter,Loss and operating profit are improved.

Nissan Motors 2020 main financial information in the first three quarters of fiscal

[ 123] 2019 in the first three quarters of fiscal year

Unit: No. 1 billion yen FY2019 In the third quarter
The third quarter	Differences 2020 fiscal year first quarter				-279.4 1,918.5
22.7	27.1 [123 ]		Net income 1	-26.1	-37.8
-44.4		Tabulation: Auto News
		Based on the report of the Tokyo Stock Exchange; MDSH; China’s joint venture part is based on equity method)			Unit: billion yen
year-on-year difference

Income

7, 507.3 [123

-2, 189.9

Operating profit

-2.5 percentage

-3.2 PPT

[123 ]

141.4

[ 123]

According to the management estimation report (including Nissan Automotive) based on the management estimation report (including Nissan) The company’s business performance in China’s joint venture), Nissan Automobile Corporation operating a loss of 40.4 billion yen in the 2020, operating profit margin is -0.7 percentage, net loss 1 is 367.7 billion yen.

The annual outlook of 20020

Nissan Motors will reduce sales expectations in the year of 20020 to 40.15 million, compared with the previous expectations 3.6 percentage. Despite the reduction of sales, Nissan cars have been adjusted for 2020 fiscal year due to the improvement of sales expenses and improvement in sales, production and fixed costs.

Nissan Motors expect the annual net income of 7.7 trillion year in FY10, and the operating losses are expected to be 205 billion yen, which is expected to decrease by 35 billion yen. It is expected that the net loss is 5,30 billion yen, which is more than 85 billion yen for the previous expectations.

FY16

(Based on the report of the Tokyo Stock Exchange]

[123 ]

Unit: 10 billion yen

The previous 2020 fiscal year

Adjusted 2020 fiscal year

year-on-year difference

54.3 -131.6 -185.9 Operating profit margin 0.7 percentage
			-357.7
Net income 1			Table: Auto News
	Due to the adverse effects of new coronary pneumonia epidemic on commercial environments, Nissan Motors have accumulated strategic liquid assets in accordance with the crisis. As of September 2020, Nissan Motor Company’s automotive business sector holds cash and cash equivalents of 200 million yen, net cash of 525.5 billion yen. In addition, as of December 2020, Nissan cars did not use the credit amount of approximately 21 trillion yen.
Nissan Automobile Company submitted to the Tokyo Stock Exchange with the expected adjustment plan for fiscal year (April 1, 202 to March 31, 2021), some of which part of the Chinese joint venture companyCalculation based on equity method. It is expected as follows:		Nissan Motor Company	2020

7,940

-240

Operating profit

-205

+135

Net income 1

2: From the 2013 fiscal year, Dongfeng Automobile Co., Ltd., which was established in the finals of Nissan Automobile and Dongfeng Motors, using equity fair 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.

3: According to the management estimate.

-615 -530 Table: Automobile News 2020 fiscal year In the fourth quarter, Nissan Motors will continue to work hard to improve sales quality, reduce inventory, and optimize costs to complete the completion of the annual expected goals. ldquo; we are unswervingly promoting lsquo; Nissan nextrsquo; enterprise transformation plan, RDQUO; Makoto Uchida, CEO, said: ldquo; we will further improve financial position, Update product lineup and improve sales quality. As an important milestone of lsquo; Nissan next, we will unswervingly complete the established goals, namely 2% of the 20021 financial profit margin. At the same time, we will adhere to the transfer of business transformation, further strengthen the electric motor (one of the advantages of Nissan), and continue to launch an electric model in a global scale and achieve carbon neutralization in 2050. This continuously enhances the company and brand value of Nissan cars. RDQUO; 1: Net income or net loss belongs to the holder of the parent company.