Decline in vehicle sales volumes and revenue from automotive-related businesses
First written in FY2017-Q1. 3 of 37 entries say "Advanced", first in FY2023-Q3. Latest entry: 2026-11-13.
The whole theme swung hardest in 2025: 3 of 14 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-11-13MitigatedResults
「当中間連結会計期間の経営成績は、新車販売の拡大、中古車および整備事業の堅調な推移により、増収増益となりました。」
前回までの新車・中古車販売の減少による減収減益から、当中間期は新車販売の拡大と中古車・整備事業の堅調な推移による増収増益へ変化している。 - FY2027-H1Revenue and profit growthAnnual report
「Operating performance for the current interim consolidated accounting period resulted in higher revenue and higher profit, driven by increased new vehicle sales and steady performance in the used vehicle and vehicle servicing businesses. Revenue was ¥68,148 million, an increase of ¥5,025 million, or 8.0%, from the previous interim consolidated accounting period; operating profit was ¥2,416 million, an increase of ¥483 million, or 25.0%; ordinary profit was ¥2,961 million, an increase of ¥912 million, or 44.6%; and interim net profit attributable to owners of the parent was ¥1,708 million, an increase of ¥137 million, or 8.7%.」
FY2027-H1 turned to higher revenue and higher profit from the declines in revenue and profit in the previous interim period, driven by increased new vehicle sales and steady performance in the used vehicle and vehicle servicing businesses. - 2026-08-10MitigatedResults
「新車販売の回復に伴う中古車販売の増加、堅調な整備事業が下支えとなり、売上高は前年並みの水準となりました。」
新車販売の回復に伴って中古車販売が増加し、売上高は前年並みとなったため、販売減少による減収傾向は当四半期において緩和している。 - FY2026Revenue and profit declineAnnual report
「Revenue was ¥128,997 million, down ¥12,607 million, or 8.9%, year on year; operating profit was ¥4,756 million, down ¥2,655 million, or 35.8%; ordinary profit was ¥4,754 million, down ¥2,613 million, or 35.5%; and net income attributable to owners of the parent was ¥2,682 million, down ¥1,629 million, or 37.8%.」
In FY2026, revenue, operating profit, ordinary profit and net income attributable to owners of the parent all fell below the year-earlier period, resulting in lower revenue and lower profit. - FY2026-H1Revenue and profit declineAnnual report
「Revenue was ¥63,123 million, down ¥6,920 million, or 9.9%, from the previous interim consolidated accounting period; operating profit was ¥1,933 million, down ¥1,863 million, or 49.1%; ordinary profit was ¥2,048 million, down ¥1,720 million, or 45.6%; and interim net income attributable to owners of the parent was ¥1,571 million, down ¥914 million, or 36.8%.」
Revenue, operating profit, ordinary profit and interim net income attributable to owners of the parent all fell below the year-earlier period, mainly due to declines in new- and used-vehicle sales volumes. - FY2025Revenue and profit declined, but operating and ordinary profit were the second-highest on recordAnnual report
「The Group's results for the consolidated fiscal year were revenue of ¥141,605 million, down ¥7,366 million, or 4.9%, year on year; operating profit of ¥7,412 million, down ¥1,296 million, or 14.9%; ordinary profit of ¥7,367 million, down ¥996 million, or 11.9%; and net income attributable to owners of the parent of ¥4,312 million, down ¥3,025 million, or 41.2%. Operating profit and ordinary profit were the second-highest on record after the previous fiscal year, maintaining solid levels.」
Revenue, operating profit, ordinary profit and net income attributable to owners of the parent all fell below the previous fiscal year. Meanwhile, operating profit of ¥7,412 million and ordinary profit of ¥7,367 million were the second-highest on record after the previous fiscal year; the decline in net income attributable to owners of the parent was explained as a temporary effect of gains on the sale of subsidiary shares in the previous fiscal year. - FY2025-H1Revenue and profit declined, but interim net income reached a record highAnnual report
「Revenue was ¥70,043 million, down ¥4,315 million, or 5.8%, from the previous interim consolidated accounting period; operating profit was ¥3,796 million, down ¥597 million, or 13.6%; ordinary profit was ¥3,768 million, down ¥401 million, or 9.6%; and interim net income attributable to owners of the parent was ¥2,485 million, up ¥42 million, or 1.7%. Although the figures were affected by the exclusion of one consolidated subsidiary in October last year, efforts to expand new-vehicle sales, together with steady performance in the used-vehicle and vehicle-maintenance businesses, resulted in the second-highest operating and ordinary profits on record for an interim consolidated accounting period, while interim net income attributable to owners of the parent reached a record high.」
Revenue, operating profit and ordinary profit fell below the year-earlier period, partly because one consolidated subsidiary was excluded. Meanwhile, interim net income attributable to owners of the parent rose 1.7% to ¥2,485 million, a record high, while operating profit and ordinary profit were the second-highest on record. - FY2024AdvancedAnnual report
「Revenue was ¥148,972 million, up ¥11,312 million, or 8.2%, year on year; operating profit was ¥8,709 million, up ¥2,309 million, or 36.1%; ordinary profit was ¥8,364 million, up ¥2,273 million, or 37.3%; and net income attributable to owners of the parent was ¥7,337 million, up ¥4,076 million, or 125.0%. The latter also reflected a gain on the sale of shares in a consolidated subsidiary recorded as extraordinary income. All reached record highs.」
In FY2024, revenue increased 8.2%, operating profit 36.1%, ordinary profit 37.3% and net income attributable to owners of the parent 125.0%, with each profit item described as a record high. Net income includes a gain on the sale of shares in TCS Co., Ltd. - FY2024-Q3AdvancedAnnual report
「Revenue increased to ¥107,353 million, up ¥10,502 million, or 10.8%, year on year, and segment profit (operating profit) was ¥7,216 million, up ¥2,248 million, or 45.3%, representing record profit.」
Automotive-related operations generated 10.8% year-on-year revenue growth and 45.3% profit growth, with segment profit reaching a record high of ¥7,216 million. The trend of higher revenue and record-high profit through the previous quarter continued to advance in the nine months ended Q3. - FY2024-Q2Higher revenue and continued record profitAnnual report
「The group’s new-vehicle sales reflected in its results increased 2.2% year on year, and average selling prices also improved due to sales centered on electrified vehicles. As a result, during the second-quarter consolidated cumulative period, revenue was ¥74,358 million, up ¥7,676 million, or 11.5%, year on year; operating profit was ¥4,393 million, up ¥1,303 million, or 42.2%; ordinary profit was ¥4,170 million, up ¥1,169 million, or 39.0%; and quarterly net profit attributable to owners of the parent was ¥2,443 million, up ¥599 million, or 32.5%. Profit reached a record level.」
Average selling prices improved with sales centered on electrified vehicles, contributing to an 11.5% increase in revenue and a 42.2% increase in operating profit. Profit has continued at record levels. - FY2024-Q1Higher revenue and record profitAnnual report
「Revenue increased to ¥35,647 million, up ¥3,765 million, or 11.8%, year on year. Profit reached record levels: operating profit was ¥1,827 million, up ¥741 million, or 68.4%; ordinary profit was ¥1,819 million, up ¥746 million, or 69.5%; and quarterly net profit attributable to owners of the parent was ¥1,434 million, up ¥714 million, or 99.0%, representing substantial profit growth.」
Revenue increased 11.8% year on year, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased substantially. Profit was reported to be at a record level. - FY2023Significant profit growth despite lower revenueAnnual report
「Revenue was ¥137,659 million, down ¥718 million, or 0.5%, year on year. However, the group continued to optimize selling, general and administrative expenses through the integration of 3 Nissan sales companies carried out in fiscal 2021, in addition to launching new models, further strengthening customer-focused consultative sales and improving profitability in used-vehicle sales. As a result, operating profit was ¥6,399 million, up ¥1,992 million, or 45.2%.」
While revenue declined 0.5% due to the exclusion of one consolidated subsidiary and other factors, operating profit increased 45.2%, ordinary profit increased 45.4% and net profit attributable to owners of the parent increased 55.3%. - FY2023-Q3AdvancedAnnual report
「During the third-quarter consolidated cumulative period, despite the impact of excluding one consolidated subsidiary, revenue increased to ¥101,794 million, up ¥11 million, or 0.01%, year on year, partly due to higher new-vehicle sales. Following the integration of 3 Nissan sales companies in the previous fiscal year, the group continued to strengthen customer-focused consultative sales, improve profitability in the used-vehicle business and reduce selling, general and administrative expenses. As a result, operating profit was a record ¥4,689 million, up ¥2,173 million, or 86.4%, year on year; ordinary profit was a record ¥4,558 million, up ¥2,099 million, or 85.4%; and quarterly net profit attributable to owners of the parent was a record ¥2,752 million, up ¥1,378 million, or 100.2%.」
Although one consolidated subsidiary was excluded, revenue was nearly flat, up 0.01% year on year, while operating profit increased 86.4%, ordinary profit increased 85.4% and quarterly net profit attributable to owners of the parent increased 100.2%. All profit measures reached record levels. - FY2023-Q2Record profit and substantial profit growth as the revenue decline narrowedAnnual report
「Revenue was ¥66,681 million, down ¥2,146 million, or 3.1%, year on year, due in part to the exclusion of one consolidated subsidiary. However, following the integration of 3 Nissan sales companies carried out last year, the group further strengthened customer-focused consultative sales, improved profitability in the used-vehicle business and reduced selling, general and administrative expenses. As a result, operating profit reached a record ¥3,090 million, up ¥1,614 million, or 109.3%, year on year, and ordinary profit reached a record ¥3,001 million, up ¥1,563 million, or 108.7%. Quarterly net profit attributable to owners of the parent was ¥1,844 million, up ¥1,034 million, or 127.8%, representing substantial profit growth.」
While revenue declined 3.1% due to the exclusion of one consolidated subsidiary and other factors, operating profit and ordinary profit reached record levels, and quarterly net profit attributable to owners of the parent increased 127.8% year on year. - FY2023-Q1Record profit and substantial profit growth despite lower revenueAnnual report
「Revenue was ¥31,882 million, down ¥3,908 million, or 10.9%, year on year. However, rigorous customer-focused consultative sales, expansion of the used-vehicle and maintenance businesses, and reductions in selling, general and administrative expenses resulted in record profit. Operating profit was ¥1,085 million, up ¥549 million, or 102.7%, year on year; ordinary profit was ¥1,073 million, up ¥496 million, or 85.9%; and quarterly net profit attributable to owners of the parent was ¥720 million, up ¥404 million, or 127.5%, representing substantial profit growth.」
While revenue declined 10.9% due in part to the exclusion of one consolidated subsidiary, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased substantially, producing record profit. - FY2022Full-year revenue declined, while profit increasedAnnual report
「Revenue was ¥138,378 million, down ¥2,064 million, or 1.5%, year on year; operating profit was ¥4,407 million, up ¥961 million, or 27.9%; ordinary profit was ¥4,188 million, up ¥1,087 million, or 35.1%; and net profit attributable to owners of the parent was ¥2,100 million, up ¥461 million, or 28.2%.」
From higher revenue and profit through the third-quarter cumulative period, the full-year results shifted to higher profit despite lower revenue, with revenue down 1.5% and operating profit up 27.9%. - FY2022-Q3Higher revenue and higher profit continued in the nine-month periodAnnual report
「As a result, reflecting the impact of applying accounting standards related to revenue recognition, the group’s results for the third-quarter consolidated cumulative period were revenue of ¥101,783 million, up ¥5,081 million, or 5.3%, year on year; operating profit of ¥2,515 million, up ¥1,596 million, or 173.8%; ordinary profit of ¥2,458 million, up ¥1,782 million, or 263.7%; and quarterly net profit attributable to owners of the parent of ¥1,374 million, up ¥1,061 million, or 338.9%.」
The third-quarter consolidated cumulative figures include the impact of applying accounting standards related to revenue recognition. Revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeded the previous year’s levels. Growth in both revenue and profit continued on a cumulative basis following the first half’s revenue and profit growth and earnings recovery. - FY2022-Q2Higher first-half revenue and profit; earnings recoveryAnnual report
「As a result, reflecting the impact of applying accounting standards related to revenue recognition, the group’s results for the second-quarter consolidated cumulative period were revenue of ¥68,827 million, up ¥5,881 million, or 9.3%, year on year; operating profit of ¥1,476 million, up ¥1,225 million, or 488.1%; ordinary profit of ¥1,438 million, up ¥1,354 million; and quarterly net profit attributable to owners of the parent of ¥809 million, up ¥805 million.」
From lower revenue and profit in the previous year, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all increased during the second-quarter consolidated cumulative period. The figures include the impact of applying accounting standards related to revenue recognition. - FY2022-Q1Higher Revenue and Earnings, Return to ProfitabilityAnnual report
「Revenue was ¥35,791 million, up ¥10,290 million, or 40.4%, year on year; operating profit was ¥535 million, compared with an operating loss of ¥1,099 million in the previous year; ordinary profit was ¥577 million, compared with an ordinary loss of ¥1,156 million; and quarterly net profit attributable to owners of the parent was ¥316 million, compared with a net loss of ¥982 million.」
Operating loss, ordinary loss and quarterly net loss attributable to owners of the parent in the previous year all turned to profit, while revenue increased 40.4%. - FY2021Lower full-year revenue and profit; higher revenue and profit in the second halfAnnual report
「Revenue and profit declined in the first half (April to September) due to the impact of the spread of COVID-19, but increased in the second half (October to March) as the company worked to restore sales. For the consolidated fiscal year, revenue was ¥140,443 million, down ¥12,704 million, or 8.3%, year on year, and operating profit was ¥3,445 million, down ¥904 million, or 20.8%.」
For the full year, revenue and profit declined, with revenue down 8.3% and operating profit down 20.8%, while the second half, during which the company worked to restore sales, recorded higher revenue and profit. - FY2021-Q3Higher revenue and profit in the third quarter alone, but lower revenue and profit cumulativelyAnnual report
「The group achieved higher revenue and profit in the third-quarter consolidated accounting period (October to December). As a result, during the third-quarter consolidated cumulative period, revenue was ¥96,701 million, down ¥13,025 million, or 11.9%, year on year, and operating profit was ¥918 million, down ¥1,572 million, or 63.1%.」
Revenue and profit increased in the third quarter alone, but cumulative revenue declined 11.9% and operating profit declined 63.1%, with lower revenue and profit continuing cumulatively. - FY2021-Q2Lower revenue and profit; first-quarter loss eliminatedAnnual report
「Revenue was ¥62,946 million, down ¥13,328 million, or 17.5%, year on year; operating profit was ¥251 million, down ¥2,104 million, or 89.3%; ordinary profit was ¥83 million, down ¥2,110 million, or 96.2%; and quarterly net profit attributable to owners of the parent was ¥4 million, down ¥1,384 million, or 99.7%. The first-quarter loss was eliminated.」
While revenue and profit declined sharply year on year, with revenue down 17.5%, operating profit down 89.3%, ordinary profit down 96.2% and quarterly net profit attributable to owners of the parent down 99.7%, the loss incurred in the first quarter was eliminated on a first-half cumulative basis, resulting in net profit of ¥4 million. - FY2021-Q1COVID-19 caused lower revenue and profit, resulting in lossesAnnual report
「Revenue was ¥25,500 million, down ¥8,817 million, or 25.7%, year on year. Operating loss was ¥1,099 million, compared with operating profit of ¥664 million in the previous year; ordinary loss was ¥1,156 million, compared with ordinary profit of ¥627 million; and quarterly net loss attributable to owners of the parent was ¥982 million, compared with net profit of ¥401 million.」
Against a backdrop of lower sales due to the spread of COVID-19 and other factors, revenue declined 25.7%, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all turned to losses. - FY2020-Q3Higher taxes led to lower sales, revenue and profitAnnual report
「The group’s new-vehicle sales during the third quarter (October to December) fell substantially below the previous year following the consumption-tax increase. As a result, sales for the third-quarter consolidated cumulative period totaled 20,455 units, down 2,007 units, or 8.9%, year on year. Revenue was ¥109,727 million, down ¥1,814 million, or 1.6%; operating profit was ¥2,491 million, down ¥210 million, or 7.8%; ordinary profit was ¥2,252 million, down ¥120 million, or 5.1%; and quarterly net profit attributable to owners of the parent was ¥1,318 million, down ¥230 million, or 14.9%.」
Lower sales following the consumption-tax increase caused new-vehicle sales, revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent to fall below the previous year’s levels. - FY2020-Q2Declining sales volume narrowed; revenue and profit increased following GTNET’s consolidationAnnual report
「The group’s new-vehicle sales declined by 362 units, or 5.2%, year on year in the first quarter (April to June), but increased by 23 units, or 0.3%, in the second quarter (July to September) due to the effects of new models and other factors. As a result, cumulative sales for the second quarter totaled 14,842 units, a decline of 339 units, or 2.2%, year on year. In addition, GTNET株式会社, whose shares were acquired in July, was added as a consolidated subsidiary, resulting in higher revenue and profit for the group during the second-quarter consolidated cumulative period. Revenue was ¥76,274 million, up ¥1,402 million, or 1.9%, year on year; operating profit was ¥2,355 million, up ¥263 million, or 12.6%; ordinary profit was ¥2,194 million, up ¥337 million, or 18.2%; and quarterly net profit attributable to owners of the parent was ¥1,388 million, up ¥43 million, or 3.2%.」
Cumulative new-vehicle sales declined 2.2% year on year, but second-quarter sales alone turned to a 0.3% increase. The consolidation of GTNET株式会社 also contributed, and revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeded the previous year’s levels. - FY2020-Q1Revenue down, profit down, ordinary profit upAnnual report
「The group’s new-vehicle sales totaled 6,632 units, down 362 units, or 5.2%, year on year. Sales of the electric vehicle “Leaf,” the e-POWER-equipped “Note” and “Serena,” and the new “Dayz” kei vehicle remained generally solid, but sales of other models declined. As a result, during the first-quarter consolidated cumulative period, revenue was ¥34,317 million, down ¥1,163 million, or 3.3%, year on year, and operating profit was ¥664 million, down ¥73 million, or 10.0%. Compared with the previous quarter, which had produced record profit, revenue and profit declined, although results remained above the historical average. Ordinary profit increased to ¥627 million, up ¥8 million, or 1.3%, due in part to a decline in the provision for allowance for doubtful accounts following improved performance at an unconsolidated subsidiary.」
While new-vehicle sales, revenue and operating profit were below the previous year’s levels, ordinary profit increased 1.3% year on year due in part to a decline in the provision for allowance for doubtful accounts following improved performance at an unconsolidated subsidiary. - FY2019Higher revenue and profit for the full yearAnnual report
「Revenue was ¥155,801 million, up ¥3,778 million, or 2.5%, year on year; operating profit was ¥4,721 million, up ¥105 million, or 2.3%; ordinary profit was ¥4,292 million, up ¥230 million, or 5.7%; and net profit attributable to owners of the parent was ¥2,728 million, up ¥541 million, or 24.7%. Revenue and profit both increased.」
For the full year, revenue, operating profit, ordinary profit and net profit attributable to owners of the parent all exceeded the previous year’s levels, confirming the growth trend in both revenue and profit through the full year. - FY2019-Q3Continued revenue and profit growthAnnual report
「As a result, during the third-quarter consolidated cumulative period, revenue was ¥111,541 million, up ¥6,146 million, or 5.8%, year on year; operating profit was ¥2,701 million, up ¥219 million, or 8.9%; ordinary profit was ¥2,372 million, up ¥341 million, or 16.8%; and quarterly net profit attributable to owners of the parent was ¥1,549 million, up ¥417 million, or 36.9%. Revenue and profit both increased.」
Revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent all exceeded the previous year’s levels through the third-quarter cumulative period, with growth in both revenue and profit continuing. - FY2019-Q2Higher revenue and profit, with record revenueAnnual report
「The group’s new-vehicle sales remained broadly in line with the previous year at 15,181 units, up 16 units, or 0.1%, year on year, as the “Note” and “Serena” models equipped with e-POWER and the “Leaf” electric vehicle continued to perform steadily. Used-vehicle sales and automotive maintenance operations also remained solid despite a challenging environment. As a result, during the second-quarter consolidated cumulative period, revenue was ¥74,872 million, up ¥1,306 million, or 1.8%, year on year; operating profit was ¥2,092 million, up ¥328 million, or 18.6%; ordinary profit was ¥1,856 million, up ¥394 million, or 27.0%; and quarterly net profit attributable to owners of the parent was ¥1,344 million, up ¥511 million, or 61.5%. Revenue and profit both increased. Revenue was the highest on record for a second-quarter consolidated cumulative period, while operating profit, ordinary profit and quarterly net profit attributable to owners of the parent were the second-highest.」
New-vehicle sales were broadly in line with the previous year, while revenue, operating profit, ordinary profit and quarterly net profit attributable to owners of the parent exceeded the previous year’s levels. Revenue was the highest on record for a second-quarter consolidated cumulative period, and the profit measures were the second-highest. - FY2019-Q1Higher revenue and profit, with a record first quarterAnnual report
「The group’s new-vehicle sales totaled 6,994 units, up 19 units, or 0.3%, year on year, as the “Note” and “Serena” models equipped with e-POWER electrification technology performed well. Used-vehicle sales and automotive maintenance operations also remained strong. As a result, during the first-quarter consolidated cumulative period, revenue was ¥35,481 million, up ¥1,157 million, or 3.4%, year on year; operating profit was ¥738 million, up ¥435 million, or 143.8%; ordinary profit was ¥618 million, up ¥448 million, or 263.5%; and quarterly net profit attributable to owners of the parent was ¥492 million, compared with a loss of ¥12 million in the previous quarter. Revenue and profit both increased, producing the highest-ever first-quarter results.」
New-vehicle sales, revenue, operating profit and ordinary profit all exceeded the previous year’s levels, while quarterly net profit attributable to owners of the parent turned from a loss in the previous year to profit of ¥492 million. First-quarter results were the highest on record, marking a shift from the previous pattern of higher revenue but lower profit to higher revenue and profit. - FY2018-Q3Higher Revenue, Lower ProfitAnnual report
「As a result, during the third-quarter consolidated cumulative period, revenue was ¥105,394 million, up ¥5,358 million, or 5.4%, year on year; operating profit was ¥2,481 million, down ¥300 million, or 10.8%; ordinary profit was ¥2,030 million, down ¥350 million, or 14.7%; and quarterly net profit attributable to owners of the parent was ¥1,132 million, down ¥619 million, or 35.3%.」
Cumulative revenue increased 5.4% year on year, while operating profit declined 10.8%, ordinary profit declined 14.7% and quarterly net profit attributable to owners of the parent declined 35.3%. The business has shifted from the previous year’s higher sales, revenue and operating profit but lower net profit to higher revenue but lower profit in the current period. - FY2018-Q2Higher sales, revenue and operating profit, but lower net profitAnnual report
「Revenue increased to ¥73,565 million, up ¥10,592 million, or 16.8%, year on year; operating profit was ¥1,764 million, up ¥172 million, or 10.8%; and ordinary profit was ¥1,462 million, up ¥164 million, or 12.6%, resulting in higher revenue and profit. Quarterly net profit attributable to owners of the parent was ¥832 million, down ¥175 million, or 17.4%, year on year.」
Revenue, operating profit and ordinary profit increased on the back of a 25.6% increase in new-vehicle sales, while quarterly net profit attributable to owners of the parent declined 17.4% due to the reversal of compensation income recorded in the previous quarter following the suspension of OEM-vehicle sales. - FY2018-Q1Profit decline despite higher sales and revenueAnnual report
「The group’s new-vehicle sales totaled 6,975 units, up 1,286 units, or 22.6%, year on year, as the new Note equipped with e-POWER electrification technology and the new Serena equipped with ProPILOT intelligent-driving technology performed well, while sales of kei vehicles (OEM vehicles), which had been suspended in the previous quarter, resumed. As a result, revenue increased to ¥34,323 million, up ¥4,078 million, or 13.5%, year on year. However, profitability was affected by the continued weakness in used-vehicle market prices and a decline in gross profit from used-vehicle sales, among other factors. Operating profit was ¥302 million, down ¥71 million, or 19.0%, year on year; ordinary profit was ¥170 million, down ¥86 million, or 33.7%; and quarterly net profit attributable to owners of the parent was a loss of ¥12 million, compared with profit of ¥153 million in the previous quarter.」
While new-vehicle sales increased 22.6% and revenue increased 13.5%, operating profit declined 19.0% and quarterly net profit attributable to owners of the parent turned to a loss due to weak used-vehicle market prices and higher costs. The business has shifted from the previous pattern of lower sales volumes and declining revenue to profit decline despite higher sales and revenue. - FY2017Revenue and profit growth despite lower sales volumesAnnual report
「The group’s new-vehicle sales totaled 30,608 units, down 1,819 units, or 5.6%, year on year, due to the suspension of sales of the “Dayz” and “Dayz Roox” kei vehicles (OEM vehicles) and the transfer of the Canadian subsidiary’s business, among other factors.」
Although new-vehicle sales declined, revenue from automotive-related businesses was ¥140,140 million, up 0.6% year on year, and segment profit was ¥5,371 million, up 16.8%. The business has shifted from the previous pattern of declining revenue from automotive-related businesses to revenue and profit growth despite lower sales volumes. - FY2017-Q3Profit growth despite continued revenue declinesAnnual report
「New-vehicle sales declined to ¥93,659 million, down ¥4,103 million, or 4.2%, year on year, due to the suspension of sales of the “Dayz” and “Dayz Roox” kei vehicles (OEM vehicles), among other factors. However, at the three sales companies Tokyo Nissan Motor Sales Co., Ltd., Nissan Prince Tokyo Sales Co., Ltd. and Nissan Prince West Tokyo Sales Co., Ltd., the effects of new models, including the new Serena and new Note, together with solid used-vehicle sales and automotive maintenance operations, resulted in segment profit (operating profit) of ¥3,051 million, up ¥258 million, or 9.3%, year on year.」
While new-vehicle sales and revenue from automotive-related businesses declined, segment profit increased year on year due to the effects of new models, used-vehicle sales and solid automotive maintenance operations. - FY2017-Q2RestatedAnnual report
「As a result, revenue was ¥62,973 million, down ¥6,575 million, or 9.5%, year on year; operating profit was ¥1,591 million, down ¥494 million, or 23.7%; ordinary profit was ¥1,297 million, down ¥466 million, or 26.4%; and quarterly net profit attributable to owners of the parent was ¥1,008 million, down ¥266 million, or 20.9%.」
The cumulative first-half results also show that new-vehicle sales, revenue from automotive-related businesses and the group’s profit levels were below the previous year’s levels. - FY2017-Q1First statedAnnual report
「During the first-quarter consolidated cumulative period, new-vehicle sales totaled 5,688 units, down 948 units, or 14.3%, year on year, due to the suspension of sales of the “Dayz” and “Dayz Roox” kei vehicles (OEM vehicles) and the transfer of the business of the Canadian subsidiary, among other factors. As a result, revenue was ¥30,244 million, down ¥998 million, or 3.2%, year on year, and operating profit was ¥374 million, down ¥151 million, or 28.8%.」
Against a backdrop including the suspension of OEM-vehicle sales, the group’s sales volume, revenue and operating profit all declined year on year.