Nissan of Japan Reports Net Loss of 5 Trillion Won Last Year... Second Consecutive Year in Deficit
Nissan Motor Co., Ltd. of Japan has posted a large deficit for the second consecutive year.
On May 13, Nissan announced in its consolidated financial statements for the fiscal year 2025 (April 2025–March 2026) that it recorded a net loss of 533.1 billion yen (approximately 5 trillion won) last year.
Sales amounted to 12.0079 trillion yen (approximately 113.1 trillion won), a 4.9% decrease from the previous year, while operating profit was 58 billion yen (approximately 500 billion won), down 16.9%.
Nissan also posted a deficit of 670.9 billion yen (approximately 6.3 trillion won) for the fiscal year 2024.
Amid continued large-scale losses, Nissan is pushing for company-wide cost reduction and business restructuring.
Hot Picks Today
Even with High Oil Price Relief Payment, Additional 300,000 Won Per Person to Be Provided... Applications Open from the 18th in This Region
- "Invested 95% in Hynix and Reached 10 Billion Won"... Japanese Investor's Proof Post Goes Viral
- "Why Is the Korean Stock Market Surging?"... Even Italy Is Astonished by the KOSPI Rally
- "You Don't Need to Go to the Gym": The Best Exercises for Lowering Hypertension
- "That Thing Wakes Up Every Night" ... Suspicious Object Covers Rural Village
Nissan President Ivan Espinosa stated at the earnings briefing that day, "Our management turnaround plan is progressing faster than scheduled, allowing us to achieve cost reductions totaling 200 billion yen." According to Kyodo News, he also said, "We expect sales in fiscal year 2026 to increase by 8.3%, and operating profit to rise to around 200 billion yen (approximately 1.9 trillion won)."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
