Copyright FOURIN, Inc. 2023
Nissan Motor’s Global Financial Results in FY 2021
In FY 2021, Nissan Motor returned to profitability with net sales up 7.1% year-on-year to 8.42 trillion JPY and operating income reaching 247.3 billion JPY. Nissan had been in the red for the second consecutive term until the previous year, but its business performance improved due to better sales quality and exchange rate fluctuations. In the fourth quarter of FY 2021, business conditions were severe due to the effects of soaring raw material prices, product supply shortages and the re-expansion of the new coronavirus infection. However, in the full FY of 2021, although sales did not reach the forecast level of 8.71 trillion JPY, announced in February 2022, operating profit surpassed the forecast level of 210 billion JPY.