Nissan Motor Co. has trimmed its loss outlook for the fiscal year, a sign the beleaguered automaker is beginning to recover from the worst of the coronavirus pandemic’s impact on its already depressed sales.

Japan’s second-largest carmaker is now forecasting a net loss of ¥530 billion for the fiscal year through March, narrower than previous expectations of ¥615 billion. Nissan posted an operating profit of ¥27.1 billion for the three months through December. Analysts had on average predicted a ¥46.8 billion loss.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.