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Nissan reports full-year results for fiscal year 2017

YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the 12-month period to March 31, 2018.

For the first nine months of the fiscal year, the company faced significant costs associated with special items, inventory adjustments and negative pricing trends; however, a partial recovery was achieved due to solid performance in the final three-month period.

For the full year, Nissan generated an operating profit of 574.8 billion yen on net revenues of 11.95 trillion yen, equivalent to an operating margin of 4.8%.

Full-year net income1 rose by 12.6% to 746.9 billion yen as non-operating income and the favorable impact of US tax reforms more than compensated for the reduction in operating profit.

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