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rdf:type	schema:NewsArticle
schema:articleBody	Crisis-hit Japanese automaker Nissan said Thursday its net profit plunged more than 87 percent for the nine months to December as it struggles with weak demand and fallout from the arrest of former boss Carlos Ghosn. Nissan revised downwards its full-year sales and profit forecasts but warned that the impact from the spreading coronavirus crisis was not yet included in their figures. Net profit for April-December dropped 87.6 percent to 39.3 billion yen ($358 million), on sales down 12.5 percent at 7.5 trillion yen for the period. The profit decline was mainly due to weak sales in the United States as well as Japan, where the impact of the nation's sales tax hike hit auto demand, the company said in a statement. Nissan, which downgraded annual forecasts three months ago, said its bottom-line profit was now forecast to be 65 billion yen for the fiscal year to March 2020, compared with an earlier estimate of 110 billion yen. Full-year sales are estimated at 10.2 trillion yen, down from a previous forecast of 10.6 trillion yen. It was Nissan's first earnings announcement since Ghosn dramatically jumped bail and fled Japan, where he was awaiting trial on financial misconduct charges. si/ric/qan
schema:headline	Nissan downgrades forecasts as 9-month net profit plunges
schema:mentions	Carlos Ghosn Nissan Sales tax Japan United States Coronavirus disease 2019 The Profit (TV series) Net income Japanese yen
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-13 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	60 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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