(For other news from Reuters Rebuilding Japan Summit, click here)
* Nissan to announce 2011/12 financial forecasts on Thursday
* CEO Ghosn says to forecast significantly higher sales vs
* Ghosn says to unveil steps to accelerate growth in Brazil
By Chang-Ran Kim
TOKYO, June 22 Nissan Motor Co (7201.T) will
forecast "significantly higher" sales for fiscal 2011 on
Thursday after restoring production more quickly than expected
after the March 11 earthquake, CEO Carlos Ghosn told a Thomson
Reuters Newsmaker event in Tokyo.
Ghosn also said the carmaker would unveil new steps in the
coming weeks to accelerate its growth in the Brazilian market.
Japan's No.2 automaker is scheduled to announce this year's
profit forecasts on Thursday, followed by a new mid-term growth
plan on June 27.
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Summit speakers [ID:nL3E7HL0CM]
"We are going to show you the numbers tomorrow," Ghosn said
at the Newsmaker, which concluded the Reuters Rebuilding Japan
Summit in Tokyo. "It is significantly higher."
"Today we are very near normal production," Ghosn said. "We
have some restrictions on production but we are approaching
normal levels of production and two months ago we never would
have thought we would be approaching normal levels of
Nissan has said it is expecting unrestricted production to
return in October, when it sees the supply of parts recovering
to conditions before the March 11 earthquake. Despite the severe
disruption, Ghosn surprised financial markets last month by
flagging sales growth in the business year that started in
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(Reporting by Chang-Ran Kim and Kevin Krolicki; Editing by
Keywords: JAPAN SUMMIT/NISSAN
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