"Japanese Automaker Sees Major Turnaround: Nissan Motor Reverses Loss Projections. In a stunning reversal of fortunes, struggling automaker Nissan Motor has upgraded its operating profit forecast for fiscal 2025, predicting a modest $313.8 million profit. The significant improvement comes after the company had initially forecast a substantial loss of $376.6 million, a stark contrast that highlights the effectiveness of Nissan's efforts to get its finances back on track. Improved cost control and favorable currency exchange rates are cited as key factors behind the company's turnaround, sparking hopes for a brighter future for the embattled automaker."
Nissan Motor expects operating profit of $313.8 million for fiscal 2025, reversing an earlier forecast for a $376.6 million loss on improved cost control and favorable currency exchange rates.
