Nissan gets ‘wake-up call’ with $4.5 billion annual net loss

Nissan CEO Ivan Espinosa in Tokyo as the company releases its results | REUTERS

by KAZUAKI NAGATA
May 13, 2025

Nissan posted a massive annual loss as it failed to innovate, compete and restructure and found itself with a tired lineup and lagging in the ongoing technological revolution in the automobile industry.

In an announcement Tuesday, the Yokohama-based company reported a net loss of ¥670 billion ($4.5 billion) in fiscal 2024. The period ended March 31, just days before new 25% tariffs on automobiles were effective in the United States.

It is the third biggest annual loss in Nissan's history.