Nissan Motor said on November 7 that its operating profit for the April-to-September period came to 32.9 billion yen, down 90.2 percent from last year.

Nissan executives attributed poor earnings chiefly to sluggish sales in the United States.

In response, the automaker said it will decrease its global production capacity by 20 percent and cut 9,000 jobs worldwide.

While Nissan manufactures many of its cars in Mexico and exports them to the United States, CEO Uchida Makoto said the company will not change its medium- to long-term plans even as US President-elect Donald Trump has called for raising tariffs on imports.