{"id":9284,"date":"2018-05-14T04:46:05","date_gmt":"2018-05-14T08:46:05","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=b0a401248c43b4ef096a232a57f11ffb"},"modified":"2018-05-14T04:46:05","modified_gmt":"2018-05-14T08:46:05","slug":"nissan-profit-hit-by-strong-yen-higher-materials-rd-costs","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/05\/14\/nissan-profit-hit-by-strong-yen-higher-materials-rd-costs\/","title":{"rendered":"Nissan profit hit by strong yen, higher materials, R&amp;D costs"},"content":{"rendered":"<p>TOKYO &#8212; Japanese automaker Nissan Motor Co.&#8217;s profit fell 32 per cent in the last quarter from a year earlier as a strong yen, rising raw materials costs and research expenses bit into earnings.<\/p>\n<p>The company said Monday that its January-March profit was 168.8 billion yen ($1.5 billion), down from 249 billion yen last year. Quarterly sales fell 0.9 per cent to 3.4 trillion yen ($31.3 billion).<\/p>\n<p>Nissan said some losses for the fiscal year through March, such as costs from production halts in Japan due to illegal inspections that surfaced last year, have now ended.<\/p>\n<p>Results also were hit by class-action lawsuits in the U.S. over defective air bags made by supplier Takata Corp.<\/p>\n<p>But Nissan said full-year profit rose 12.6 per cent to 746.9 billion yen ($6.8 billion), helped by U.S. tax reforms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO &mdash; Japanese automaker Nissan Motor Co.&rsquo;s profit fell 32 per cent in the last quarter from a year earlier as a strong yen, rising raw materials costs and research expenses bit into earnings. The company said Monday that its January-March profit was 168.8 billion yen ($1.5 billion), down from 249 billion yen last year. [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/9284"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=9284"}],"version-history":[{"count":2,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/9284\/revisions"}],"predecessor-version":[{"id":9296,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/9284\/revisions\/9296"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=9284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=9284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=9284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}