Nissan Motor Co Ltd
7201: XTKS (JPN)
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Nissan Earnings: Automotive Segment’s Loss Beat Guidance on One-Time Gain; Turnaround on Track
Nissan reported a 10% consolidated revenue drop for fiscal first quarter ending June due to declining volume across all its major markets in Japan, the US, and Europe. Tariff impact, foreign exchange loss, inflationary cost, and loss at the China joint venture, led to a net loss of JPY 116 billion.
