Significant Revenue and Profit Growth
Net revenue increased by 30% to JPY 6.06 trillion, and operating profit grew by 115% compared to the previous year, with a solid operating margin of 5.6%.
Strong Performance in Global Markets (Excluding China)
Global retail sales increased by 3.3% to 1.62 million units, with a noteworthy 23.4% growth excluding China. Japan, North America, and Europe showed double-digit growth.
North America and Europe Market Success
North America's retail sales and production volume increased by 39.2% and 35%, respectively. In Europe, retail sales grew by 19.3%, with a 19.4% increase in production volume.
Electrification and Product Launch Success in Japan
The electrification ratio improved by 6 points to 54%, and Nissan has been the #1 EV seller for 13 consecutive years in Japan.
Positive Cash Flow and Financial Flexibility
Free cash flow for the automotive business was a positive JPY 193.9 billion, and net cash for the automotive business stood at JPY 1.5 trillion.