Q1 2025 Nissan Motor Co Ltd Earnings Press Conference Transcript
Good afternoon. Welcome to Nissan's first-quarter 2024 financial results. Thank you for joining us. First, let me introduce the speakers for today. Mr. Makoto Uchida, President, Chief Executive Officer; Mr. Stephen Ma, Chief Financial Officer.
In today's agenda, we will begin with the presentation followed by Q&A session. CFO, Stephen Ma, will cover the details of the results of the first quarter ending June 30. And CEO, Uchida, will present the outlook for the fiscal year. Now I'd like to turn it over to Mr. Ma.
Thank you, Lavanya. Good afternoon, everyone. We are announcing the results against challenging conditions and weaker performance in the first quarter. While the result is within our expectations, we are taking immediate actions to address the situation. I will describe it later.
Our net revenue rose slightly to around JPY3 trillion. Our profit was adversely affected by several negative factors, which will be explained in later slides. Our operating profit was JPY1 billion
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