(April 27): Nissan Motor Co raised its earnings outlook for the fiscal year ended in March, avoiding what could have been its first annual operating loss in five years.
The company estimated it posted a full-year operating profit of ¥50 billion, compared with its previous forecast for a ¥60 billion loss, citing the removal of US emissions-related charges, a favourable foreign-exchange impact and improved cost performance.
It’s a rare bright spot for a carmaker that’s been struggling to reshape itself after failing to keep up with the industry’s shift to electric vehicles and hybrids in Japan, China and the US. Even so, the revision mainly reflects non-core factors rather than a rebound in underlying demand. Nissan’s management expects further gains from cost discipline, improved cash flow in the second half and incremental benefits from a refreshed product lineup.
The stock fell 0.5% to close at ¥351 before the disclosure. NHK had earlier reported that the company would revise its earnings forecast. The stock is down 10% this year after marking a 19% decline in 2025.
Final results are scheduled to be released May 13.
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