Overview
- Nissan said it expects to eke out a 20 million yen net profit this fiscal year with 200 million yen in operating profit on 13 trillion yen in sales.
- The automaker closed the last fiscal year with a 533 billion yen loss after a 671 billion yen loss the prior year.
- Chief Executive Ivan Espinosa said the company has moved beyond recovery as it pushes the Re:Nissan overhaul to close plants and cut 20,000 jobs by 2028.
- Management pointed to tighter costs, upcoming model launches, and asset sales such as its headquarters building to lift results.
- Analysts highlighted weak product strength in North America, fast sales declines in China, and damage to the brand as risks, with tariffs, the Middle East war, and Chinese rivals adding pressure.