Overview
- For the year to March, Nissan now projects an operating loss of 60 billion yen, sharply lower than the 275 billion yen it forecast in October.
- The company still expects a full-year net loss of 650 billion yen and forecasts revenue of 11.9 trillion yen, down about 5.8%.
- October–December results showed a 44% drop in operating profit to 17.5 billion yen, a net loss of 28.3 billion yen, and revenue down 5% to 2.999 trillion yen.
- Nissan says turnaround steps are advancing, including outsourcing, tighter marketing spending, shared services, and plans to cut roughly 20,000 jobs and consolidate plants to 10 by March 2028.
- Sales pressures persisted with U.S. volumes down 3.7% under tariff headwinds while China rose 12.7% on new electric vehicle models.