YOKOHAMA - Nissan Motor Co. said Wednesday it posted a net loss of 533.10 billion yen ($3.4 billion) for the year ended March due to restructuring costs, marking a second straight year of red ink, while forecasting a return to profitability in the current business year.

The struggling Japanese automaker reported an operating profit of 58.01 billion yen for fiscal 2025, down 16.9 percent from the previous year but in line with its earlier estimate. It had previously projected an operating loss of 60 billion yen before revising the forecast in late April, citing faster-than-expected progress in reform efforts, the weaker yen and one-time gains from changes to U.S. emissions regulations.

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