Nissan Motor Achieves Operating Profit of 580 Billion Yen in Previous Fiscal Year, Surpassing Expectations

Deep News
05/13

Nissan Motor Co., Ltd. released its financial results for the previous fiscal year ending in March on Wednesday. The data shows that Nissan Motor achieved an operating profit of 580 billion yen (approximately 3.68 billion US dollars). Despite significant impacts from US tariff policies, the company's final performance not only reversed the market's expectation of a loss but also far exceeded the official guidance released two weeks prior, thanks to optimized cost control and a one-time gain related to US emissions regulations. Previously, analysts surveyed by the London Stock Exchange Group (LSEG) had widely predicted that Nissan Motor would record a substantial loss of 600 billion yen for that fiscal year. The financial report indicates that Nissan Motor's profit in the same period the previous year was 698 billion yen.

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