Nissan Clears Debts – Operating Margin Best In Industry

Three years ago, Nissan had debts of 2,100 billion Yen ($17.4 billion) but the company has recently announced a cash surplus of 8 billion Yen. Last year’s operating profit was a record 737 billion Yen (5.

5 bn Euros); an increase of over 50 per cent. Net profit was up 33 per cent, at 495 billion Yen (3.7 bn Euros).

In addition, Nissan’s operating margin of 10.8 per cent is the highest in the industry. Chief Executive Carlos Ghosn forecast higher operating profits and increased unit sales for the year ahead.