Nissan reports net income of $4.4 billion for FY 2015
YOKOHAMA, Japan (May 12, 2016) – Nissan Motor Co., Ltd. today announced financial results for the 12 months to March 31, 2016. The company delivered increased full-year revenues and profitability. Rising demand for new products in North America, Western Europe and China offset the impact of negative foreign exchange movements and slowing or declining sales in emerging markets. "These solid results reflect the success of our continuing product offensive, particularly in the North American market," said Carlos Ghosn, president and chief executive officer. "Encouraging demand for new models, combined with continued cost efficiency, helped us withstand currency headwinds and volatile trading conditions in several emerging markets.”