Nissan Motor Co., one of Japan's three major automakers, reported on its earnings report on the 9th that the company's operating profit fell 14.3% year-on-year to 503.24 billion yen in the second to fourth quarter of last year. The dollar is about 112 yen). Roller Bearings are a type of Rolling-Element Bearing that uses cylinders (rollers) to maintain the separation between the moving parts of the bearing (as opposed to using balls as the rolling element). The purpose of a roller bearing is to reduce rotational friction and support radial and axial loads. Compared to Ball Bearings, roller bearings can support heavy radial loads and limited axial loads (parallel to the shaft). They can operate at moderate to high speeds (although maximum speeds are typically below the highest speeds of ball bearings). The lubrication method must carefully considered during the design phase when using roller bearings. Roller Bearings Roller Bearings,Precision Roller Bearings,Non-Standard Roller Bearings,Rolling-Element Bearing Ningbo Ritbearing Imp & Exp Co.,Ltd. , http://www.ritbearingchina.com
The data also showed that from April to December last year, Nissan's net profit fell 8.5% year-on-year to 414.17 billion yen, and sales decreased by 7.6% year-on-year to 8.26 trillion yen.
Nissan expects that the company's net profit for the fiscal year 2016 (as of March 31 this year) will increase by 0.2% to 525 billion yen from the previous fiscal year, but operating profit may fall by 10.5% to 710 billion yen. Sales will also decrease by 3.2% to 11.8 trillion yen.
In the nine months to the end of last year, the average exchange rate of the Japanese Yen against the US dollar was 106.6 to 1, which was a significant appreciation from the 121.7 to 1 in the same period of the previous year, affecting the performance of Japanese exporters including Nissan. Nissan's financial report shows that although the company's car sales in North America and China increased in the second to fourth quarter of last year, the appreciation of the yen still brought losses of 261.4 billion yen to the company's operating profit.
Specifically, from April to December last year, Nissan sold a total of 3.99 million vehicles worldwide, up 2.6% year-on-year. However, the company's domestic sales in Japan are not good, down 10% year-on-year, to only 344,000. Nissan expects the company's global car sales to be 5.6 million units in FY2016.