YOKOHAMA, Japan Feb 10 Nissan Motor Co
would be willing to fall short of its global market share target
of 8 percent by end-March 2017 in order to ensure it meets an 8
percent operating profit margin goal for the same period,
Corporate Vice President Joji Tagawa said on Monday.
Nissan Chief Executive Carlos Ghosn has set aggressive
targets of boosting the Japanese car maker's operating profit
margin as well as global market share to 8 percent each by the
financial year to March 2017, but a sales slowdown in markets
such as Thailand and Russia as well as product recalls have cast
doubt over whether they can be reached.
Nissan's operating profit margin for the nine months to
December was 4.7 percent, based on accounting standards in place
when it set the 8 percent targets. It has since adjusted those
standards, resulting in a drop in the margin to 4.1 percent,
although the targets will continue to be assessed on the basis
of the previous standards. Its current global market share is
around 6 percent, Tagawa told reporters.