Nissan Motor (7201 JT) 9-month (JPY): Net income -250.22bln (prev. 5.15bln Y/Y), Revenue 8.58tln (prev. 9.14tln Y/Y). Raises its FY revenue forecast to 11.90tln (prev. 11.70tln) and sees narrower FY operating loss at 60bln
Importance
Level 1
Q3
- Revenue 2.99tln (prev. 3.15tln Y/Y)
- Operating Profit 17.5bln (prev. 31.1bln Y/Y)
- Net Income -28.3bln (prev. -14.1bln Y/Y)
FY Outlook
- Global sales volume 3.2mln units
- Net Revenue 11.9tln
- Operating Profit -60bln
- Net Income -650bln
Re:Nissan
- Identified 240bln of potential cost savings through "thousands of innovative ideas moving into implementation, ensuring sustainable efficiencies without compromising quality, safety, or performance."; confident the 250bln target will be eclipsed by FY26.