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
|
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
| 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
|
-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. |
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