Nissan Motor Co., Ltd. announced financial results for the third quarter and the nine months ending December 31, 2024.
April-December financial highlights
For the first nine months of the fiscal year, consolidated net revenue was 9.1432 trillion yen, consolidated operating profit was 64.0 billion yen, and operating profit margin was 0.7%. Net income1 for the nine months was 5.1 billion yen.
Net revenue and profits decreased year on year due to a decrease in unit sales, an increase in sales incentives, and inflation.
The following table summarizes Nissan’s financial results for the first nine months of fiscal 2024, calculated under the equity accounting method for Nissan’s China joint venture.
Third-quarter financial highlights
For the three-month period to December 31, consolidated net revenue was 3.159 trillion yen, consolidated operating profit was 31.1 billion yen, with an operating profit margin of 1.0%.
The following table summarizes Nissan’s financial results for the three-month period, calculated under the equity accounting method for the group’s China joint venture.
