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Nissan sees recovering vehicle demand in the U.S., other markets

Revenue expected to be 18.7% higher but operating profit flat

Nissan faces high raw material prices and prolonged semiconductor shortages in the year ahead. (Photo by Mizuho Miyazaki) 

TOKYO -- Nissan Motor expects an annual rise of just 1.1% to 250 billion yen ($1.9 billion) in operating income in the current business year through next March, as it sees higher costs of materials dragging on an expansion in global sales.

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