Full Year Financial Forecasts For Financial Year 2011 Announced By Nissan

The company is forecasting global sales for fiscal year 2011 to be 4.6 million units, a 9.9% increase when compared to the previous year.

Nissan has announced financial forecasts for fiscal year 2011. Nissan filed the forecasts based on foreign exchange rate assumptions of 80.0 yen/dollar and 115.0 yen/euro.

  • 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).

The company is forecasting global sales for fiscal year 2011 to be 4.6 million units, 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.

"Continuous growth in 2011 will bring Nissan a new record volume," said Nissan President and CEO Carlos Ghosn. "The unrelenting work ethic of Nissan employees is an inspiration - particularly after one of the worst natural disasters in modern history. The high level of motivation and performance of our Nissan team continues to be the foundation of our success."

Published 23 June 2011 Staff

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