Nissan lowers profit expectations for FY23

seekingalpha04-19

Citing competitive challenges and geopolitical turmoil that has disrupted shipping, Nissan (OTCPK:NSANY) lowered its annual operating profit estimate for FY23 by 14.5% to ¥530.0B and net income by 5% ...

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Q3 2023 Earnings Call Transcript Nissan aims to launch EVs equipped with all-solid-state batteries by 2028 Nissan unveils broad plan for strategic partnerships, 30 new models and EV cost effectiveness","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6520":"工商业服务概念","BK6027":"贸易公司与经销商","BK4099":"汽车制造商","NSANY":"日产汽车"},"translate_title":"日产降低2023财年利润预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NSANY":1,"RS1.SI":0.71},"content_text":"Citing competitive challenges and geopolitical turmoil that has disrupted shipping, Nissan (OTCPK:NSANY) lowered its annual operating profit estimate for FY23 by 14.5% to ¥530.0B and net income by 5% to ¥370B.  The company also lowered its estimate for the number of vehicles to be sold this year to 3.44M from an earlier revision of 3.55M.   Under the Arc business plan, the company plans to increase annual global sales volume by 1M units by the end of FY26 and accelerate its transition to EVs. Press release   More on Nissan Motor  Nissan: The High Opportunity Cost Of Choosing The Wrong Automaker Nissan: It's All About Electrification And China (Rating Upgrade) Nissan Motor Co., Ltd. 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