Nissan Motor Co. said Thursday it had revised its full-year forecast to an operating loss of ¥340 billion from a previous prediction for a record ¥470 billion loss.

The nation's third-largest automaker, which is drastically restructuring its business, posted a ¥4.83 billion operating loss in the three months ended Sept. 30 after sales fell due to the coronavirus pandemic.

Nissan raised its forecast for full-year global vehicles sales to 4.165 million units compared with an earlier forecast of 4.13 million units, although that still represents a decline from the previous year.