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Following their departures, four former Nissan executives, led by former CEO Makoto Uchida, received a collective compensation of ¥646 million, eliciting widespread dissatisfaction among shareholders. In 2024, Nissan recorded a net loss of ¥670.9 billion, marking its first loss in four years. Global sales dipped by 2.8%, with a particularly steep decline in the Chinese market, where sales halved. North American profits plummeted amidst aging model lines and tariff challenges. To address this dire situation, Nissan has outlined plans to lay off 20,000 employees, shut down seven factories, and achieve ¥500 billion in cost savings by fiscal year 2027. Nevertheless, the collapse of merger negotiations with Honda has further clouded the company's path to recovery in the future.
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