Nissan Motor (7201 JT) - FY25/26 (JPY): Net -533bln (prev. -671bln Y/Y), Operating Income 58bln (prev. 69.8bln Y/Y), Revenue 12tln (prev. 12.6tln Y/Y), does not plan FY26 dividends, sees positive auto FCF in H2; announces JPY 240bln impairment loss

Nissan's financial results for FY25/26 highlight a smaller net loss than previously expected but show declines in both operating income and revenue compared to the prior year.

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Nissan Motor (7201 JT) - FY25/26 (JPY): Net -533bln (prev. -671bln Y/Y), Operating Income 58bln (prev. 69.8bln Y/Y), Revenue 12tln (prev. 12.6tln Y/Y), does not plan FY26 dividends, sees positive auto FCF in H2; announces JPY 240bln impairment loss

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Q4 (JPY):

  • Net -282.9bln (exp. -305bln).
Context

Notably, the decision to forgo dividends for FY26 signals underlying challenges, despite an anticipated positive free cash flow in the second half. The announced impairment loss adds to a cautious outlook and may influence investor sentiment towards the automotive sector.

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