Seeking Alpha

Profits in focus at Nissan

  • Nissan (NSANY) is willing to sacrifice global market share in order to reach a goal of 8% profit margins by the end of 2017, according to execs.
  • Improving sales in China and a strong yen have helped the automaker move profits in the right direction.
  • For Q4, Nissan bested analyst estimates with a 56.8% Y/Y increase in profits to ¥84.3B ($824M).
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