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Nissan Motor Foresees Additional ¥60 Billion in Restructuring Costs for Current Fiscal Year
2025-05-23 /
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Author：小编
On May 23, Nissan Motor Company announced that due to the progression of its reform plan, the company anticipates incurring an extra ¥60 billion (approximately $418 million) in restructuring costs for the current fiscal year. For the fiscal year ending in March of this year, Nissan's net profit turned negative, registering a loss of ¥670.9 billion. To address this, the company plans to reduce its workforce by 20,000 employees over the course of fiscal years 2024 to 2027.
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