¥200 billion in operating profit is Nissan’s forecast for the fiscal year ending March 2027, well above the ¥119 billion analyst consensus and a sharp rebound from ¥58 billion in the latest year.
Cost cuts and restructuring drove the stronger outlook, offering an early sign that efforts to ease the automaker’s cash-strapped financial position are starting to take hold.
¥240 billion in impairment charges weighed on the latest fiscal year, underscoring the scale of the cleanup Nissan is undertaking as it tries to restore earnings.
After a massive ¥240B asset write-down, is Nissan's optimistic profit forecast built on a solid foundation?
Nissan just canceled a $500M EV plant. How will it now compete in the global electric vehicle race?