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NISSAN REGISTER SOME NET LOSSES OF 16.500 MILLION YENS IN EL FIRST QUARTER OF THE FISCAL YEAR 2009
The company obtains an operating profit of 11.600 million yens.
Tokyo, Japan (July 29, 2009) - Nissan Motor Co., Ltd., it(he,she) has announced today a few clear(net) losses after taxes of 16.500 million yens (120 million Euros) in the first quarter of the fiscal year 2009, which it(he,she) finishes on March 31, 2010. In the same period of the past exercise(fiscal year), the company obtained a net profit of 52.800 million yens (400 million Euros).
The clear(net) income fell(fell due) 35,5 % up to 1,51 trillions of yens (11.420 million Euros). Nissan’s operating profit in this period was 11.600 million yens (90 million Euros), which supposes a fall of 85,5 %, whereas the ordinary losses reached 26.100 million yens (200 million Euros).
” 2009 continues being a difficult year, but we are starting obtaining results of the measures applied under the Plan of Recovery “, has assured the President and CEO of Nissan, Carlos Ghosn. ” We are in the path for the obtaining of a cash flow (’ free cash flow ‘) positive for the fiscal year 2009, and we will continue being prudent in our forecasts for the rest of the year “.
Worldwide, Nissan has sold a whole of 723.000 vehicles in the period understood(included) between April and June, 2009, which supposes a fall of 22,8 %, with regard to the same period in 2008. In North America, the sales were 225.000 units, 31,6 % less. In The United States they reached 173.000 units, 31,5 % less on a market that continues falling down. In Japan, the sales were 116.000 units, 21,6 % less. The European sales were 118.000 units, which there supposes 24,6 % less. In China, Nissan continues demonstrating a positive trend, with an increase of the sales of 9,3 % up to reaching 145.000 units. The sales in the rest of markets fell(fell due) 29,8 % with a volume of 119.000 units.
During the first quarter there took place(was produced) the launch(throwing) of three new products: Pixo, in Europe; NV200, in Japan; and G37 convertible, in The United States. In the fiscal year 2009, Nissan expects to throw(launch) a whole of eight new vehicles.
” In spite of the financial and economic global crisis, Nissan is on the verge of initiating a new stage of growth and innovation “, has added Ghosn. ” In August we will move ours sedate head office(plant) to Yokohama’s new facilities. After 40 years we will celebrate the return to the place of Nissan’s origin. In addition, also we will reveal the new electrical vehicle that reflects our vision of a mobility of emission(issues) zero to global scale “.
Nissan’s forecasts follow(continue) without changes for the fiscal year 2009, with a few operative losses of 100.000 millions of yenes, (800 million Euros) and a few clear(net) losses of 170.000 million yens, (1.360 million Euros).











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