Nissan: Losses expected to further expand under company transformation and tariff resistance, plans to lay off 20,000 employees.

Nissan Motor Company predicts that its operating loss between April and September will reach 180 billion yen, and has not yet disclosed its financial performance guidance for the fiscal year ending in March 2026. The company's CEO, Ivan Espinosa, stated that Nissan is in the early stages of a transformation plan, and plans to cut 20,000 jobs and reduce its production bases from 17 to 10. He also mentioned that Nissan is facing resistance from the trade war initiated by US President Trump, with tariffs expected to result in a loss of 300 billion yen. Analyst Tatsuo Yoshida noted that the company lacks sufficient product strength, brand influence, and sales capabilities.