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(Update) Nissan Bracing for 45 Pct Fall in FY 2018 Net Profit

(Update) Nissan Bracing for 45 Pct Fall in FY 2018 Net Profit

   Yokohama, Feb. 12 (Jiji Press)--Nissan Motor Co. <7201> said Tuesday that it has revised down its group net profit estimate for fiscal 2018 through March from 500 billion yen to 410 billion yen, down 45.1 pct from the previous year.
   The downward revision mainly reflected sluggish sales in the U.S. market, where the major Japanese automaker generates some 40 pct of its earnings.

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AFP-JIJI PRESS NEWS JOURNAL


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