Nissan shares climb after forecasting profit instead of loss
Published on 28/04/2026 08:47 AM
Nissan shares climb after forecasting profit instead of lossNissan Motor Co. shares jump after it forecasts a full year operating profit instead of a loss, helped by US emissions charge removal, forex gains and cost cutsBy Bloomberg April 28, 2026, 8:47:35 AM IST (Published)2 Min ReadNissan Motor Co. shares climbed the most in more than two months after the Japanese carmaker raised its earnings outlook, avoiding what could have been its first annual operating loss in five years.
The stock rose as much as 6.5% in early morning trading in Tokyo, the most since Feb. 17 on an intraday basis, after the company estimated it posted a full-year operating profit of ¥50 billion ($314 million), compared with its previous forecast for a ¥60 billion loss.
Nissan cited the removal of US emissions-related charges, a favourable foreign-exchange impact and improved cost performance.
It’s a rare bright spot for a carmaker that’s been struggling to reshape itself after failing to keep up with the industry’s shift to electric vehicles and hybrids in Japan, China and the US. Even so, the revision mainly reflects non-core factors rather than a rebound in underlying demand. Nissan’s management expects further gains from cost discipline, better cash flow in the second half and incremental benefits from a refreshed product lineup.
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“Earnings are solid, thanks in part to stronger-than-expected progress in restructuring,” Kazunori Maki, an analyst at SMBC Nikko Securities Inc., wrote in a note.
Manufacturers selling cars in the US had set aside funds to pay federal fines, including Greenhouse Gas (GHG) compliance penalties, and will no longer need to do so after the Trump administration shifted policies.
That’s translating into a short-term boost for foreign automakers in the market. Apart from Nissan, Toyota Motor Corp. and Honda Motor Co. stand to benefit, although to different degrees, given their variance in scale and profitability.
Final results are scheduled to be released on May 13.Continue Reading(Edited by : Juviraj Anchil)TagsNissan