Nissan Motor Co Ltd ADR
NSANY: OTCM (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|c% | LOCK|?<c | LOCK|^>WL#hb |
Nissan Earnings: Improving Profitability on Track Thanks to Currency and Cost Reductions
Nissan reported 10% consolidated revenue recovery and 9% for auto segment in the fiscal first quarter despite declining retail volume. Currency benefits, cost reductions and one-time gains offset inflationary cost and loss at China JV and led to net income returning to a positive JPY 3.8 billion.
