Nissan Tokyo Sales Holdings <8291> announced its consolidated financial results for the first quarter of the 2025 fiscal year (April-June 2024) on the 9th. Revenue decreased by 3.6% year-on-year to 34.355 billion yen, operating profit decreased by 5.6% to 1.725 billion yen, ordinary profit increased by 0.1% to 1.82 billion yen, and net profit attributable to the parent company shareholder for the quarter decreased by 17.7% to 1.18 billion yen.

The number of registered vehicles in the company group decreased by 13.4% compared to the previous year's first quarter, as registration was concentrated due to the improvement in vehicle supply and electric vehicle subsidies. Although there was an impact of excluding one consolidated subsidiary in October last year, the company achieved record-high earnings, equivalent to the previous year (second highest operating profit), in addition to successful expansion of new car sales and steady progress in used car and maintenance businesses. Note that the management performance of each segment is not described in detail from this first quarter consolidated cumulative period, as it has become a single segment of the "automobile-related business" due to the transfer of all shares of TCS (Information System-related business) on October 2, 2023.

The consolidated performance forecast for the full fiscal year ending in March 2025 maintains the initial plan of a 0.7% increase in revenue to 150 billion yen, a 13.9% decrease in operating profit to 7.5 billion yen, a 16.3% decrease in ordinary profit to 7 billion yen, and a 38.7% increase in net profit attributable to the parent company shareholder to 4.5 billion yen.