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

Automobiles

Struggling carmaker has seen some effect from business restructuring plan

Nissan Motor has been rolling out a series of management improvement measures as part of a restructuring effort under President and CEO Ivan Espinosa, who took the helm last year. (Photo by Marina Inoue)

YURIKA YONEDA and YUICHI SHIGA

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

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