By Kosaku Narioka
Nissan Motor shares fell sharply after it projected an annual operating loss of about $1.8 billion due to U.S. tariffs, a potential shortage of chips and other challenges.
Shares were recently 4.5% lower at 352.0 yen on Friday in Tokyo after falling as much as 7.9% earlier.
The Japanese carmaker said late Thursday that it expected to book an operating loss of Y275.00 billion, equivalent to $1.78 billion, for the fiscal year ending March 2026, while revenue is forecast to decline 7.4% to Y11.700 trillion.
Nissan expects U.S. tariffs to weigh on fiscal-year operating results by Y275 billion. It also anticipates foreign-exchange volatility and supply-chain risks, including a potential shortage of chips from Nexperia amid a dispute between the Dutch and Chinese governments over control of the Dutch semiconductor maker.
Nissan said it is difficult to forecast net results as it is assessing restructuring costs related to its recovery plan.
The company is scheduled to announce first-half results Nov. 6.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
October 30, 2025 21:30 ET (01:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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