Nissan Motor Co Ltd (OTCPK:NSANY)

$ 4.73 -0.16 (-3.27%) Market Cap: 8.65 Bil Enterprise Value: 52.55 Bil PE Ratio: 8.94 PB Ratio: 0.22 GF Score: 69/100

Q1 2020 Nissan Motor Co Ltd Earnings Press Conference Transcript

Jul 25, 2019 / 07:00AM GMT

Release Date Price: $14 (+0.57%)

Transcript

Unidentified Company Representative

Received the handouts? Okay. So it's 4 p.m., so we would like to begin the announcement of the first quarter financial results. Thank you very much.

Thank you for joining this session out of your tight schedule. I am happy to see a lot of you today.

We would like to ask CFO, Karube-san, to provide the results of the financial performance. Mr. Karube, please go ahead.

Hiroshi Karube

Nissan Motor Co., Ltd. - CFO & Executive Officer

Yes, ladies and gentlemen, good afternoon. Thank you for joining us for the announcement of Nissan's first quarter earnings for fiscal year 2019. Today, I will outline our global sales performance and first quarter financial results. Following my presentation, CEO, Saikawa, will provide additional details on the business transformation plan that we announced in May.

I will first start with a summary of the first quarter results. In the first quarter, our global sales volume decreased 6% to 1,231,000 units but outperformed the market which declined 6.8%.

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