Tagawa: "Nissan delivered solid financial and operational results for the nine month period. Our results reflected strong performance in North America and Western Europe, which offset volatility in foreign exchange rates, including the lessening of the yen/US dollar tailwind, and declining market conditions in several emerging markets."
Nissan Motor Co., Ltd. today announced first-half fiscal year financial results for the six-month period ending September 30, 2015. Nissan reported sharply increased operating profit and solid revenue growth. Strong demand for new products in North America and Western Europe, combined with the benefits of continued cost discipline and the yen correction against the US dollar, offset declining market conditions in Japan and several emerging markets.
"Overall, Nissan delivered solid business results for the period. This reflected a strong performance in North America and Western Europe; increased unit sales in China; and the benefits of our continued cost discipline and the favorable impact in year-over-year changes to the yen-dollar exchange rate. These trends helped offset declining market conditions in Japan and several emerging markets. Today's reported earnings are solid and show the company's overall performance continues to improve."