Nissan Motor Co. said Monday it posted a record group net profit of 512.3 billion yen for fiscal 2004, up 1.7 percent from the previous year, and the fifth consecutive record annual profit.

Nissan's operating profit came to a record 861.2 billion yen, up 4.4 percent, while sales jumped 15.4 percent to 8.576 trillion yen.

The strong performance was attributed to brisk sales worldwide, which marked a record 3.38 million vehicles in the year to March 31, up 10.8 percent from a year earlier.