Nissan (7201.JP) stock price once fell nearly 8% warning of an operating loss of $1.8 billion for the current fiscal year

AASTOCKS
2025.10.31 01:03

Nissan Motor (7201.JP) fell nearly 8% this morning (31st) after the company warned that it would incur an operating loss of 275 billion yen (1.8 billion USD) this fiscal year due to the advancement of its cost-cutting plan.

This is the first time Nissan has released performance guidance for the fiscal year ending in March next year, expecting a loss of 30 billion yen in the first half of the fiscal year, which is less than the previously anticipated 180 billion yen.

Chief Financial Officer Jeremie Papin stated that the company continues to face challenges, and external adverse factors are exacerbating these challenges, but he refused to disclose the restructuring costs or the expectations for the full-year profit and loss

Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.