Nissan expects first net profit for three years in FY26
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Nissan expects first net profit for three years in FY26

Automobiles

Struggling carmaker beginning to see results from business restructuring plan

Nissan Motor is beginning to see results from Re:Nissan, the restructuring plan Ivan Espinosa, the president and CEO appointed last year, is implementing. (Photo by Marina Inoue)

YURIKA YONEDA and YUICHI SHIGA

TOKYO — Nissan Motor forecasted on Wednesday a net profit of 20 billion yen ($127 million) for the fiscal year ending in March 2027, which would mark its return to the black for the first time in three years as the automaker works to turn around its business.

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