"Today, Nissan is reporting solid financial results for the first quarter of fiscal year 2015 against a mixed backdrop for the global economy, and a varied performance in the different regions in which we operate."
CCO Hiroto Saikawa: "In fiscal year 2014, Nissan emerged as a stronger company with solid results. During my review of the past year, you will see that our results reflect both the progress that we have made to improve our operations and the challenging business environment that exists in some markets, such as the emerging markets."
Ghosn: "Nissan is reporting solid financial results for fiscal year 2014 despite challenging market conditions, particularly in Japan and some emerging markets. Nissan’s Operating Profit and Net Income exceeded our prior guidance and the comparable year-ago levels. The company generated significant Automotive Free Cash Flow and our Balance Sheet strengthened."
Tagawa: "Overall, in spite of challenges in the market environment, Nissan has delivered solid financial results as we continue to execute our Nissan Power 88 mid-term plan and profitably grow our business."
In a speech to the Foreign Correspondents Club of Japan, Nissan Motor Co., Ltd. president and CEO Carlos Ghosn announced the Japanese carmaker's launch timetable for the latest vehicle automation technologies. Following is the transcript of his remarks.