R&I View: Nissan Announces 2Q Financial Results
(WorldNews Japan)

NEWS RELEASE Nov 13, 2019 R&I View: Nissan Announces 2Q Financial Results Eyes on New Management`s Business Policies and Reform Progress On November 12, Nissan Motor Co., Ltd. (Sec. Code: 7201, Issuer Rating: A+, Rating Outlook: Negative, Nissan) announced financial results for 1H FY2019 (the year ending March 2020) and downward revisions to its full-year earnings forecasts. Operating profit for 1H FY2019 was low at 31.6 billion yen. Full-year operating profit is projected to be 150 billion yen, suggesting a larger year-on-year decrease than in the prior forecast. The lower-than-expectedfull-year profit is mainly...