the past fiscal year was one of progress, defined by solid financial results and
the achievement of important operational goals in several parts of our
business.
the latest 12-month period, covered in this annual report, saw nissan
deliver a 20% increase in net sales to 10.48 trillion yen and a 14% increase
in net income to 389 billion yen*.
this is a creditable result at the mid-point of power 88, our six-year
strategic plan. as part of that plan, nissan remains committed to achieving an
operating profit margin of 8% in 2016.
We are making encouraging progress towards that goal, particularly
against a backdrop of intense global competition, sluggish conditions in
europe and volatile demand in emerging markets. During the past year, we
also strengthened our management structure; set new convergence targets
for the renault-nissan alliance; brought new manufacturing capacity
onstream; unveiled breakthrough products; and continued to pioneer new
technologies.
But we have more to do. nissan is not yet operating to its full potential.
so we are accelerating efforts to build competitiveness, contain costs and
improve our brand power
power 88 Delivery