Nissan (NSANY.OB): FQ4 net profit and revenue of ¥110.06 and ¥2.874T respectively. FY13 net profit of ¥342.45B beats by ¥12.5B. North American FY13 operating profit ¥177.3B (-15.6 Y/Y). Forecast : FY14 net profit, operating profit, and revenue of ¥420B, ¥610B, and ¥10.37T.
Honda (HMC) predicts its FY net profit (.pdf) will plunge 63% to ¥195B ($2.4B), way below analyst estimates of ¥375B. "It seems as though Honda won’t be able to recover in the second half, even though Toyota (TM) and Nissan (NSANY.PK) may be able to,” an analyst says.