The company saw net revenues of €90.17bn, with net income of €3.21bn. The company announced an operating profit of €4.90bn and an ordinary profit of €4.96bn. Nissan claims a record sales high of 4.914 million units during the year, up 1.4% on FY2011.

Carlos Ghosn, Nissan president and chief executive officer, said: ‘Fiscal 2012 was marked by both successes and challenges for Nissan. We ended the year with a sound balance sheet, record global sales, an improved brand, and an expanded presence in critical growth markets. Equally important, we have taken countermeasures that will enable us to navigate the headwinds that lie ahead and resume significant growth. As we enter the third year of the Nissan Power 88 mid-term plan, I am confident we have the right strategy in place to deliver on our business objectives.’

Sales were up 5.4% in the US to 1.14 million units, while sales fell 5.3% in China to 1.18 million, affected by the islands dispute. In Europe and Russia, sales dropped 7.5% to 660,000 units, while in Japan sales slipped 1.3% to 647,000 units. Sales rose in Thailand, Brazil and the Middle East, up 16.3% to 959,000.

Nissan is forecasting a global sales increase of 7.8% to 5.3 million units in FY2013. Launches planned for the coming year include the Datsun brand.

For FY2013, Nissan is forecasting an increase in revenue, profit and income, although changes to reporting standards mean that under the new accounting methodology, revenue is expected to be €85bn, operating profit €5.0bn, ordinary profit €5.29bn and net income €3.44bn