STORY: Nissan forecast more than $1 billion in profit for its fiscal year on Wednesday.
The Japanese carmaker also predicted a relatively modest hit from the Iran war.
Nissan said the conflict was likely to hurt this year's operating profit forecast of $1.27 billion by less than $95 million.
It added the estimate only covered the first half of the current business year.
Nissan CEO Ivan Espinosa said the Japanese carmaker can ship a "good amount" of volume to the Middle East.
That's despite the bottlenecks the war has caused to transport flows.
He added Nissan expected a sales reduction of around 19,000 vehicles in the first half of its business year due to the conflict.
The hit is far less than Japanese rival Toyota flagged.
It said last week the effects of the Iran war would cost it about $4.3 billion this financial year.
Nissan expects purchasing-related cost-cutting measures and steps in manufacturing to provide a boost to this year's profit.
Although raw material prices are likely to be a drag.
Nissan reported a profit of just over $367 million for the year ended in March - slightly better than forecast.
The company booked the profit on improved cost performance.
As well as a one-off boost tied to U.S. emissions regulations that offset a hit from Washington's tariffs.
The latest results come while the company's CEO tries to get Nissan back to steady growth after years of turmoil.
He has cut jobs, manufacturing sites and the number of cars in its global line-up.
