Nissan shares surge as automaker projects ¥50 billion operating profit, reversing loss forecast

Nissan Motor Co. shares surged the most in more than two months after the Japanese carmaker dramatically revised its full-year earnings outlook, now projecting an operating profit of ¥50 billion instead of the previously anticipated loss of ¥60 billion. The reversal marks a critical turnaround for the automaker, which was facing what would have been its first annual operating loss in five years.

The improved forecast reflects early signs of operational recovery at the struggling carmaker. Nissan's automotive gross profit margin has shown meaningful improvement, climbing to 12.5% in the second quarter of fiscal year 2026 and 10.5% in the third quarter, compared to just 5.4% in the first quarter. This margin recovery suggests the company's cost-cutting and operational restructuring efforts are beginning to gain traction.