Nissan Motor forecast a return to profitability for the fiscal year ending March 2027, saying restructuring measures are starting to pay off after a year of heavy losses. The Japanese automaker said on May 13 it expects operating profit of ¥200 billion and net profit of ¥20 billion for the year to March 2027. [1, 2, 3, 4, 5]
The operating profit forecast is above analysts' average estimate of ¥119 billion. The net profit outlook would be Nissan's first in three years, after a loss in the previous fiscal year. [1, 2, 4]
Nissan said its restructuring plan, called Re:Nissan in some reports, is beginning to show results. Ivan Espinosa, who took over as president and CEO last year, said FY2025 was "a year of steady execution under Re:Nissan, where we strengthened our foundation and began to see tangible progress in our financial performance." He added: "We have moved beyond recovery and are entering a phase of growth." [2, 3, 4]
The company has been closing factories and cutting jobs as part of the overhaul. Reports also said Nissan has faced pressure from U.S. tariffs, Middle East war-related effects and competition from Chinese rivals. Nissan ended the fiscal year on March 31, 2026, with a ¥533 billion loss, according to one report. [3, 5]
Nissan said the restructuring began in 2024 and includes planned job cuts of 20,000 by 2028. The company has also forecast revenue of ¥13 trillion for the 2025-26 year in one report, up from ¥12 trillion a year earlier. [3]
