Nissan maintains forecast as June 30 quarter delivers ¥78 billion operating profit
Nissan posted a sharp operating profit rebound versus expectations and maintained full-year profit and revenue guidance, signaling early traction in restructuring. However, it trimmed global unit-sales outlook, citing worsening demand and competitive pressure in China, and noted ongoing supply-chain uncertainty tied to Middle East tensions. The mix of upside earnings surprise and weakening volume backdrop is likely to limit broader risk sentiment spillover beyond autos.
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Nissan reported operating profit of ¥78 billion for the quarter ended June 30, far above the ¥6 billion consensus estimate, after a ¥79 billion loss a year earlier. Revenue was ¥3 trillion, matching expectations. The automaker maintained its full-year guidance for ¥200 billion in operating profit and ¥13 trillion in revenue, but trimmed its global sales outlook to 3.15 million vehicles. The cut largely reflected weaker demand in China, where industry sales fell 22% in the first half and Nissan’s sales declined 15%.