Japan's big three automakers enjoyed soaring net profits in the last business year, but analysts warn it is too early to say the robust results suggest a return to their glory days.
The analysts said the strong earnings mostly stemmed from transient factors such as a favorable foreign exchange and tax cuts.
On Monday, Nissan Motor Co. announced its net profit rose 12.6 percent to ¥746.9 billion for the business year that ended in March.
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