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From the article posted.
Japan's auto makers remain among the most profitable in the world. Nissan reports under Japanese accounting standards, which require companies to disclose performance for the half year to Sept. 30. By that measure, Nissan's half-year net profit totaled ¥238.81 billion, up less than 1%, on sales that rose 13% to ¥4.008 trillion ($37.89 billion).
So Nissan increased sales by 13% which increased their net profile by less than 1%.
I don't see a problem here...
Also, bad news for the U.S. makers.
Meanwhile, their fortunes have fared better than their U.S. competitors. Both General Motors Corp. and Ford Motor Co. have struggled to straighten up their core North American auto operations amid high inventories. Last week, as GM and Ford made plans to cut overtime and temporarily lay off workers to avoid production cuts, some big car dealers said they no longer would crowd their lots with the auto makers' excess cars.
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