[ad_1]
Nissan Motor Co. said Thursday it logged a net profit of ¥215.53 billion ($1.67 billion) in the last fiscal year, returning to the black after two straight years of massive losses, as its earnings were helped by a weaker yen against the U.S. dollar.
The automaker said it expects net profit to fall 30.4% to ¥150 billion for the current business year through March 2023 amid a global shortage of semiconductors and surging raw material prices.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
[ad_2]
Source link