Nissan Motor released its second-quarter financial report on November 11. Operating profit came in at 2.12 billion yen, far below the estimated 49.27 billion yen. The company posted a net loss of 43.47 billion yen, compared with an estimated profit of 2.08 billion yen. Net sales stood at 3.11 trillion yen, above the estimated 3.07 trillion yen. Nissan maintained its full-year forecasts: operating profit of 200 billion yen (estimated at 198.07 billion yen), net profit of 20 billion yen (estimated at 34.5 billion yen), and net sales of 13 trillion yen (estimated at 12.74 trillion yen). At the same time, the company lowered its fiscal-year global sales forecast from 3.15 million vehicles to a range of 2.97 million to 3 million vehicles.
