Nissan relata fortes resultados financeiros para o ano fiscal de 2021

 

– Lucro operacional anual de 247,3 bilhões de ienes e lucro líquido de 215,5 bilhões de ienes

– Alcançado o marco Nissan NEXT de 2% de margem de lucro operacional na base proporcional da joint venture na China

– Espere um lucro operacional para o ano fiscal de 2022 no mesmo nível do ano fiscal de 2021

TSE report basis – China JV equity basis2

Yen in billions	FY 2020	FY 2021	Variance vs FY20
Revenue	7,862.6	8,424.6	+562.0
Operating profit	-150.7	247.3	+398.0
Operating margin %	-1.9%	2.9%	+4.8 ppt
Ordinary profit	-221.2	306.1	+527.3
Net income1	-448.7	215.5	+664.2

Based on average foreign exchange rates of 112 JPY /USD and 131 JPY /EUR for FY2021

Fourth-quarter financial highlights

Since fiscal year 2020 Nissan has constantly improved revenue per unit every quarter, with this trend continuing through the fourth quarter of fiscal year 2021. In addition, free cash flow for the automotive business steadily improved and turned positive in the fourth quarter on an equity basis.

TSE report basis – China JV equity basis2

Yen in billions	FY20 4Q	FY21 4Q	Variance vs FY20
Revenue	2,545.1	2,270.6	-274.5
Operating profit	-19.0	56.0	+75.0
Net income1	-81.0	14.2	+95.2

Based on average foreign exchange rates of 116 JPY/USD and 130 JPY/EUR for FY21 Q4

 

FY2022 outlook

Nissan expects the market environment to be more severe than in fiscal year 2021 due to ongoing semiconductor supply shortages, higher raw material prices and logistics costs, the crisis in Ukraine as well as the impact of lockdowns on parts supplies in China.

However, with a stronger business foundation and continued transformation, Nissan aims to maintain an operating profit at the same level as fiscal year 2021 ensuring the momentum of products, improving quality of sales, and further strengthening financial discipline and control of fixed costs.

The company has filed the following fiscal year forecasts to the Tokyo Stock Exchange. Calculated under the equity accounting method for Nissan’s joint venture in China, the forecasts for the fiscal year ending March 31, 2023, are:

FY2022 outlook TSE report basis – China JV equity basis2 (yen in billions)
Net revenue	10,000
Operating profit	250
Net income1	150

Dividend per share (yen)

	Interim dividend	Year-end dividend
FY2021	0	54
FY2022 (Outlook)	TBD	5

Commenting on the results, Nissan president and CEO Makoto Uchida said: “Fiscal year 2022 will be an important year as we move toward fiscal year 2023, the final year of Nissan NEXT. Although we expect the business environment to become even more challenging, we are confident to achieve our transformation plan and ensure Nissan remains a truly healthy and resilient company that in any business environment can be financially stable and profitable, and can maintain sustainable growth. We will reassure the plan’s target of a 5% operating margin3 in fiscal year 2023.”

1 Net income or net loss attributable to owners of the parent

2 Since the beginning of fiscal year 2013, Nissan has reported figures calculated under the equity method accounting for its joint venture with Dong Feng in China. Although net income reporting remains unchanged under this accounting method, the equity-accounting income statements no longer include Dong-Feng-Nissan’s results in revenues and operating profit.

3 China JV proportionate basis

4 Nissan filed the “Notice of Revision of Dividend Forecast” with the Tokyo Stock Exchange today.