The conflict was likely to hurt this year's operating profit forecast of 200 billion yen ($1.27 billion) by less than 15 billion yen, Nissan said, adding that the estimate only covered the first half of the current business year. The bigger ri...
The conflict was likely to hurt this year's operating profit forecast of 200 billion yen ($1.27 billion) by less than 15 billion yen, Nissan said, adding that the estimate only covered the first half of the current business year. The bigger risk Nissan, Toyota and other Japanese automakers face from the conflict comes from the wider impact it could have on the global economy, particularly in the key Asian market, said Julie Boote, an auto analyst at Pelham Smithers Associates. "There are no Japanese automakers who have included that in their forecast," she said. "They still seem to be quite upbeat about the level of demand from Asia." submitted by /u/redMahura [link] [comments]
