Nissan Motor Co. said Wednesday it posted a net loss of 533.10 billion yen ($3.4 billion) for the year ended March due to restructuring costs, marking the second straight year of red ink.
The struggling Japanese automaker reported an operating profit of 58 billion yen for fiscal 2025, down 16.9 percent from the previous year. Sales dropped 4.9 percent to 12 trillion yen.
For the current business year through next March, the company forecasts a net profit of 20 billion yen.
==Kyodo
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