business

Nissan's profits zoom on strong sales, favorable exchange rates

3 Comments
By YURI KAGEYAMA

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3 Comments
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Go job Nissan, Not bad for a company that is going down the drain.

0 ( +2 / -2 )

Of-course they have huge profits. Just like the other companies such as Toyota, Sony, Hitachi, etc, that are getting every year tax cuts by being hand in hand with the corrupt government, give huge "sponsorship" to the right politicians, in order to keep the Yen low to favorize their exports.

If you think the Japanese government care about the inflation, or for its citizens and their well being, think again.

They know too well that the Japanese people are too passive and very docile, they never protest of anything, so they are keeping the Yen at historically low levels, while those callous companies are making a killing in profits. And yeah, the tourism is also booming because of it, while the daily lives of the local plebe is getting harder and harder every month.

Shoganai ne!

-3 ( +2 / -5 )

Higher profits in Yen but actually lower in USD/EUR. Weak Yen is merely an excuse!

They try to fool foreign investors by presenting the metric high Yen-based profits, while the real profits have been on the downward trend.

-3 ( +2 / -5 )

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