Nissan returns to profit in fiscal Q1 and maintains FY27 target

Nikkei Asia · 12 hours ago
Nissan returns to profit in fiscal Q1 and maintains FY27 target
  • Nissan posted net profit of ¥3.7 billion ($24 million) for the April-June quarter, citing improved business performance and rigorous cost management.
  • The company is continuing its Re:Nissan restructuring plan alongside launches including the Leaf EV, Kicks compact SUV and Elgrand premium minivan.
  • Nissan maintained its target to return to profitability for the fiscal year ending March 2027, which would mark its first profitable year in three years.

Quotes

Nissan Motor on Monday reported a net profit of 3.7 billion yen ($24 million) for the April-June quarter due to improving business performance and rigorous cost managementNikkei Asia

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