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
Nissan's latest financial results reveal a significant drop in net income, indicating persistent challenges.
European Movers: Schroders (SDR LN) +29.1%, Siemens (SIE GY) +5.5%, Michelin (ML FP) + 5.3%, Rexel (RXL FP) +4.8%, Hermes (RMS FP) +3.3%, Unilever (ULVR LN) -1.0%, ThyssenKrupp (TKA GY) -1.5%, Mercedes Benz (MBG GY) -5.2%
CBRT raises its end-2026 inflation forecast to 15-21% (prev. 13-19%)
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
China's Commerce Ministry announces a tariff of up to 11.7% (prev. 42.7%) on EU dairy products; effective from the 13th of February
Samsung (005930 KS) is reportedly preparing to ship its upgraded HBM4E sample product in H2 of 2026
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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.
However, the raised full-year revenue forecast and plans for substantial cost savings suggest a path towards improvement, which could positively impact investor sentiment. Given these contrasting signals, the market reaction may hinge on the outlook versus the current underperformance.
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