Japanese carmaker Nissan Motor Co. said on May 13 it expects to return to annual profitability in fiscal 2026 following two years of heavy losses, supported by cost-cutting measures.
According to Japan’s Jiji Press, for the year ending March 2027, Nissan forecast consolidated net profit of JPY20bn ($127mn), after posting a net loss of JPY533bn in the previous financial year due to restructuring costs linked to factory closures and job cuts.
The company is also planning to launch new vehicle models, although its recovery remains uncertain amid rising fuel and raw material costs driven by tensions in the Middle East. Higher US tariffs introduced under the administration of Donald Trump are also expected to continue weighing on the business.
For the current financial year, Nissan projected sales of JPY13 trillion, up 8.3% from a year earlier, while operating profit is expected to rise roughly 3.4 times to JPY200bn.
Global vehicle sales are forecast to increase 4.7% to 3.3mn units, reflecting anticipated growth across all major markets, including Japan, China, North America and Europe.
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