Nissan Announces Financial Results for Fiscal Year 2024 Amid Global Challenges - Jordan News
Bustami & Saheb Group, the exclusive dealer for Nissan in Jordan, announced that Nissan Motor Co. Ltd. has reported its financial results for the fiscal year 2024, which ended on March 31, 2025. The company posted operating profits of 69.8 billion yen, reflecting a tough performance in the automotive sector amid escalating global economic challenges. اضافة اعلان Full-Year Performance Despite a rise in consolidated net revenues to 12.6 trillion-yen, fierce competition impacted global sales, which settled at 3.346 million units, and the automotive segment's net free cash flow stood at 1.498 trillion yen. Fourth Quarter Results In the fourth quarter of the fiscal year, consolidated net revenues reached 3.49 trillion yen, with operating profit at 5.8 billion yen. Outlook for Fiscal Year 2025 Nissan has not yet provided detailed forecasts for operating profit, net income, or free cash flow for fiscal year 2025 due to ongoing uncertainty surrounding potential U.S. tariff changes. However, the company is implementing a mitigation strategy that includes: •Strengthening local production in the United States •Redistributing output subject to tariffs •Accelerating product localization •Working closely with suppliers to adapt quickly to market demands Despite these challenges, Nissan submitted its FY2025 revenue forecast to the Tokyo Stock Exchange, projecting consolidated net revenues of 12.5 trillion yen. Bustami & Saheb: Ongoing Commitment in Jordan In Jordan, Bustami & Saheb Group, the exclusive Nissan dealer, affirmed that Nissan's global financial performance reinforces its commitment to delivering the latest models and high-standard after-sales services, even amid global headwinds. The group emphasized its close coordination with Nissan's global operations to ensure a steady flow of new models, while continuing to offer Jordanian customers a reliable, value driven automotive experience. About Bustami & Saheb Group: Established in Amman in 1969, Bustami & Saheb Group is the exclusive dealer of Nissan and INFINITI cars in Jordan, as well as the authorized dealer of BYD electric cars. Today, the group is a cornerstone in Jordan and the Middle East for its comprehensive services. The group provides top global standards and the best services for Nissan, INFINITI, and BYD cars through its distinctive facilities and professional workforce. In support of the Jordanian market with the latest global technology, Bustami & Saheb Group introduced the Chinese BYD electric cars to the Jordanian market, aiming to ensure customer satisfaction at all times. The group has made a significant mark in the car trade sector in Jordan and the Middle East by establishing showrooms for cars of various categories, maintenance centers, sub-dealerships, and parts sales throughout the kingdom. In addition to a specialized system that combines marketing, sales, and leading after-sales services, all with the aim of ensuring the highest customer protection and satisfaction, a key element of its success. Bustami & Saheb Group now boasts a growing customer base, served through its showrooms and maintenance centers, along with a specialized workforce of over 200 employees.
For more information, you can visit our website: http://www.bstc.com.jo , or contact us at the following number: 06-5532456. You can also connect with us on social media: ●BustamiandSahebGroup on Facebook ●BustamiandSahebGroup on Instagram
Or you can contact us via email at: [email protected]
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