ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Automobiles

Nissan revises up full-year net profit forecast on higher margins

Chip shortages and rising raw material prices remain concerns

Nissan COO Ashwani Gupta says during an online news conference the company "delivered a satisfactory performance" despite the negative impact of the pandemic and a global semiconductor shortage. (Screenshot from Nissan's YouTube page) 

TOKYO -- Nissan Motor on Tuesday lifted its annual earnings forecast to 205 billion yen ($1.7 billion), up from the 180 billion yen it had previously forecast, amid brisk auto demand and higher margins.

"Nissan delivered a satisfactory performance despite the continuing industry disruption caused by ongoing semiconductor shortages," said Chief Operating Officer Ashwani Gupta.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more