Updated February 13, 2025
In the third quarter of the fiscal year ending in March 2025, the economy of Japan continued its trend of moderate recovery thanks to the improved employment and income environment, while on the other hand it was necessary to be aware of the risk that the downturn in overseas economic conditions would drag down the Japanese economy. Regarding the environment surrounding the Nissan Shatai Group, the uncertain outlook continued due to the rise in raw material prices, demand fluctuations, etc.
In this environment, although there were increased sales of the all-new INFINITI QX80 for North America which commenced production in April 2024, sales of other vehicles decreased, mainly due to the end of production of the Y61 and UY61 Patrol, and as a result the volume of orders from Nissan Motor Co., Ltd. decreased by 2.6% compared to the same period last year to 107,320 units.
Even though the volume of orders decreased, net sales increased by 8.2% to 251.1 billion yen due to the increase in sales of the all-new INFINITI QX80, the all-new Patrol and the all-new Armada, which have higher sales prices than previous models. Looking at income and loss, although operating income improved compared to the first half of the fiscal year, mainly due to the launch of the all-new Armada in the third quarter, operating income for the first three quarters of the fiscal year ending in March 2025 decreased by 24.8% compared to the same period last year to 2.2 billion yen due to additional costs incurred in the first half of the fiscal year for the production of the new model, etc., ordinary income decreased 17.8% to 2.7 billion yen, and profit attributable to owners of parent for the quarter decreased by 15.1% to 1.7 billion yen.
(Unit: billion yen)
| FY2023 3Q FYTD |
FY2024 3Q FYTD |
YoY variance |
YoY change (%) |
FY2024 (Fore casts) |
|
|---|---|---|---|---|---|
| Net sales | 232.1 | 251.1 | 19 | 8.2% | 351.3 |
| Operating income (loss) | 2.9 | 2.2 | (0.7) | - | 4.40 |
| Operating income margin | - | - | - | - | - |
| Ordinary income (loss) | 3.2 | 2.7 | (0.5) | - | 4.9 |
| Profit (loss) attributable to owners of parent |
2.0 | 1.7 | (0.3) | - | 2.4 |
| Vehicle sales volume (thousand vehicles) |
110 | 107 | (3) | (2.6)% | - |
(Unit: billion yen)
*Figures for FY2024 are forecasts
(Unit: billion yen)
*Figures for FY2024 are forecasts
(Unit: thousand vehicles)
■ Passenger vehicles
■ Light commercial vehicles
■ Microbuses
■ Vehicle parts, etc.
(Unit: million yen)
| FY2024 3Q FYTD | In % | |
|---|---|---|
| Passenger vehicles | 165,076 | 66.0 |
| Light commercial vehicles | 51,846 | 20.5 |
| Microbuses | 15,700 | 6.2 |
| Vehicle parts, etc. | 18,497 | 7.3 |
■ Passenger vehicles
■ Light commercial vehicles
■ Microbuses
| FY2024 3Q FYTD | In % | |
|---|---|---|
| Passenger vehicles | 56,552 | 52.7 |
| Light commercial vehicles | 40,291 | 37.5 |
| Microbuses | 10,477 | 9.8 |