Friday May 25, 2012

JAPAN NEWS AND DISCUSSION

Nissan quarterly profit rises despite floods, strong yen

Business Feb. 09, 2012 - 06:56AM JST ( 4 )

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

0

herefornowFeb. 09, 2012 - 12:41PM JST

“Nissan responded decisively to these challenges, boosted by the strength of our product,” he said

Nissan, which makes the March subcompact and Infiniti luxury models, kept its profit forecast for the fiscal year through March 2012 unchanged at a 290 billion yen.

Amazing how a well-managed company can actually succeed despite facing the same challenges others are using as excuses for missing their profit forecasts by billions of dollars.
-1

naruhodo1Feb. 09, 2012 - 06:47PM JST

ah ha, so its possible. i wonder if this has anything to do with the ceo being a gaijin abd actually knows his business.
0

codomoFeb. 09, 2012 - 07:44PM JST

im not sure but is nissan japanese car maker? i thought this company have been one of sister companies of renault.
2

nigelboyFeb. 10, 2012 - 12:43AM JST

Amazing how a well-managed company can actually succeed despite facing the same challenges others are using as excuses for missing their profit forecasts by billions of dollars.

http://www.yomiuri.co.jp/atmoney/enterprises/manda/20120209-OYT8T00366.htm

The exposure to Thai is quite small for Nissan compared to Honda and Toyota.

Toyota: 240,000 cars affected

Honda: 260,000 cars affected

Nissan:33,000 cars affected.