Nissan forecasts 650 bil. yen net loss for FY 2025 on restructuring costs

TOKYO - Nissan Motor Co. said Thursday it expects a net loss of 650 billion yen ($4.25 billion) for the business year through March due to restructuring costs, which would mark the second straight year of red ink.

Nissan, which has not disclosed a net-level earnings forecast for the full business year, raised its sales outlook to 11.9 trillion yen from the previously estimated 11.7 trillion yen.