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TYO:7201

14 stories mentioning TYO:7201

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Asia

Market Chatter: Nissan Targets 30-Month Development Cycle, Halving Time with AI

Nissan Motor Co (TYO:7201) aims to cut new model development to 30 months, mirroring Chinese automakers' use of AI for faster launches, Nikkei Asia reported on Friday, citing an interview with President Ivan Espinosa.The next-generation Skyline, debuting this winter, was developed in 26 months, down from 55 for its predecessor, the news agency said.Slow development has previously hurt Nissan's ability to offer popular cars and dampened earnings, the publication said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: Nissan, Mitsubishi Set Sights on EV-to-Grid Services by 2030

Nissan (TYO:7201) and Mitsubishi Motors (TYO:7211) intend to launch services by 2030 that would allow electric vehicle owners to sell unused battery power back to the grid, Nikkei Asia reported on Thursday.A Mitsubishi-led vehicle-to-grid pilot involving about a dozen electrified vehicles in the Tokyo area ran through March, the news daily said.Participants in the trial remotely managed battery charging and discharging through an online platform, with compensation tied to electricity market conditions.The report noted that power prices fluctuate significantly throughout the day, creating opportunities for EV owners to earn income by supplying electricity to the grid during periods of higher demand.Broader adoption of vehicle-to-grid services could help reduce the overall cost of EV ownership while supporting power supply stability, according to Nikkei Asia.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:7201TYO:7211
Asia

Nissan Signs MoU for UK Production of Chery Vehicles at Sunderland Plant

Nissan Motor (TYO:7201) and Chery Automobile's (HKG: 9973) Chery International UK have entered into a non-binding memorandum of understanding to explore having Nissan build Chery's passenger cars at the Sunderland facility in the UK under a contract manufacturing arrangement.Under the proposed terms, Nissan would retain full ownership of the plant and employ all staff, with production of Chery vehicles potentially starting on Line One as early as fiscal year 2027, according to a statement on Wednesday.The agreement follows Nissan's May decision to shift all its own manufacturing to Line Two as part of an effort to boost plant utilization.While Nissan AMIEO Chairperson Massimiliano Messina called the move a significant step and pledged to pursue a mutually beneficial outcome, the MoU remains non-binding and both sides are continuing discussions without further public details at this time.

HKG:9973TYO:7201
Asia

Market Chatter: Tokyo Increases EV Purchase Support to Encourage Adoption

The Tokyo Metropolitan Government has raised purchase subsidies for electric vehicles by up to 300,000 yen to as much as 1.3 million yen, Nikkei Asia reported Wednesday.Both individuals and businesses are eligible for the subsidies, which are capped at 1.3 million yen for EVs and 1.15 million yen for hybrids, with no restriction on the number of vehicles purchased, the news daily said.Under the new system, the base subsidy will double to 200,000 yen, while extra incentives stay the same: 100,000 yen for vehicle-to-home power, 100,000 yen for charging equipment installation, and up to 300,000 yen for using renewable energy or solar power, the report said.The final subsidy also includes a manufacturer-based component of up to 400,000 yen, with Toyota (TYO:7203), Nissan(TYO:7201), and Honda ( TYO:7267), receiving the maximum, while BYD (HKG:1211) gets 100,000 yen and Daihatsu receives nothing, the publication said.Several factors, including sales performance, lineup size, and green transformation efforts, determine how much each automaker qualifies for, it added.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:1211TYO:7201TYO:7203TYO:7267
Asia

Market Chatter: Dampened Aluminum Supply Amid Middle East War to Squeeze Japan's Auto Industry

Japan's auto industry will feel the weight of constrained supplies of aluminum and related alloy products due to the Middle East war through 2027, Nikkei Asia reported Wednesday.Aluminum prices skyrocketed following the closure of the Strait of Hormuz and have remained above prewar levels, with benchmark aluminum futures in London priced at more than $3,600 per metric ton, the report said.Iranian strikes on key smelters and input shortages for production facilities have also impacted output, which could lead to a loss of more than 3 million tons from the market in 2026, the report cited Wood Mackenzie senior research manager Uday Patel as saying.Analysts expect the aluminum market to recover only after 2028, the report said.Japan is the most reliant on the Middle East for aluminum and related alloys among the five largest importers of the metal, the report cited 2024 data from the UN Comtrade database as saying.Premiums paid by Japanese companies in addition to the LME spot price for aluminum increased to $350 to $353 per ton for the April to June quarter, from $195 in the past quarter, according to the report.The beverage sector is the largest aluminum consumer in Japan, while small and medium-sized companies in the auto and construction industries are also dependent on Middle East-sourced ones, the report cited a representative of the Japan Aluminum Association as saying.The auto industry has been carrying out efforts to counter the supply constraints, including changing procurement across multiple routes, the report quoted Koji Sato, chairman of the Japan Automobile Manufacturers Association, as saying.Cost pressure is also a main concern for major auto companies, with Mitsubishi Motors (TYO:7211), Toyota Motor (TYO:7203), and Nissan Motor (TYO:7201) all expecting hits in their earnings due to higher material costs, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TYO:7201TYO:7203TYO:7211
Asia

Japanese Shares Hit Record High on Monday Buoyed by Decline in Oil Prices, Possible Resolution of US-Iran War

Japanese shares started the week on a high with the Nikkei 225 breaking records by crossing 65,000 intra-day to close in the green, after oil prices plunged following U.S. President Donald Trump saying discussions with Iran on ending the war are progressing.The Nikkei 225 closed up 1,777.80 points or 2.8% at 65,116.87.In a post on social media platform Truth Social, Trump said negotiations with Iran were "proceeding in an orderly and constructive manner."Investor sentiment was also boosted by the decline in oil prices as the US and Iran are looking to be closer to a peace agreement, leading to optimism over the opening of the Strait of Hormuz for crude oil trade.Crude oil prices dipped below $100 a barrel to about $96 a barrel.On the domestic front, Japan's gold exports surpassed 4 trillion yen for the first time in fiscal 2025, reaching a record 4.08 trillion yen, pushed by rising prices due to heightened global instability, Nikkei Asia reported on Monday.It was also reported that Japan's financial regulator is urging listed companies to use more of their large cash reserves for long-term investments instead of buybacks and dividends, according to a Bloomberg News report on Monday, citing a senior FSA official.On the corporate side, shares of Softbank Group (TYO:9984) closed up over 4% on Monday, after it revealed its plans to issue 260 billion yen in hybrid notes with optional interest payment deferral, mainly targeting individual investors in Japan.Also, Nissan Motor (TYO:7201) shares closed up over 3% even as the company canceled plans to build a factory in Sunderland for producing e-axles, a key EV component, through its subsidiary Jatco, after poor sales of electric models in Europe, according to a Nikkei Asia report on Monday.

Nikkei 225TYO:7201TYO:9984
Asia

Market Chatter: Nissan Scraps UK E-Axle Plant Project Following Weak European EV Sales

Nissan Motor (TYO:7201) has canceled plans to build a factory in Sunderland for producing e-axles, a key EV component, through its subsidiary Jatco, scaling back its investment after poor sales of electric models in Europe, Nikkei Asia reported Monday.The facility, announced in 2025 with an annual capacity of 340,000 units and an initial investment of roughly 9 billion yen, was scrapped about a year later, the news daily said.Nissan currently makes the Leaf EV at Sunderland and plans to produce an electric Juke there starting in 2027, but for now, it will supply e-axles from Japan instead, the publication said.The automaker's European market share fell to 2.2% in 2025 from 3.9% a decade earlier, as Leaf sales plunged 99% to just 87 units and Ariya sales dropped 44%, the report added.Nissan did not reply to MTNewswire's query at press time.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia

Market Chatter: Nissan Mulls Export of China-Made EVs to Canada

Nissan (TYO:7201) is considering exporting vehicles produced at its Chinese joint venture with Dongfeng Motor (HKG:0489) to Canada, following Ottawa's decision to open its market to Chinese-built electric vehicles, Bloomberg News reported on Tuesday, citing an official.The Japanese automaker aims to meet demand for low-cost electrified cars in several markets, including Canada, the newswire said, citing Christian Meunier, Nissan's head of the Americas.Meunier noted that Canada has opened the door to some Chinese products, though he did not specify which models or a timeline for potential exports, the publication said.The move reflects a broader industry trend of established automakers leveraging China's lower production costs and faster EV development, as Nissan's new CEO seeks to revive the company amid an aging lineup and management challenges, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

HKG:0489TYO:7201
Asia

Nissan Motor Narrows Loss in Fiscal Year 2025

Nissan Motor (TYO:7201) narrowed its net loss attributable to owners of the parent to 533.10 billion yen for the fiscal year 2025, from 670.90 billion yen a year earlier.The automotive giant's loss per share also narrowed to 152.58 yen from 187.08 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales slipped 4.9% to 12.008 trillion yen for the year ended March 31 from 12.633 trillion yen in the prior year.Nissan did not declare a final dividend for fiscal 2025.In a separate disclosure, Nissan recorded a 240.1 billion yen impairment loss on business assets as an extraordinary loss in its consolidated financial statements for the year, due to impaired asset groups and idle or disposed assets.Additionally, the company recognized a 131.9 billion yen provision for doubtful accounts and a 134.9 billion yen provision for loss on business of subsidiaries and affiliates in its non-consolidated statements.For the fiscal year 2026, the company expects to return to profitability with attributable net income of 20.00 billion yen, net income per share of 5.72 yen, and net sales of 13.000 trillion yen.Nissan does not anticipate an annual dividend for the current fiscal year.

TYO:7201
Asia

Market Chatter: Nissan Motor Calls Off US EV Production Plans

Nissan Motor Co (TYO:7201) will not push through with the proposed electric vehicle production at its plant in the US state of Mississippi, Nikkei Asia reported Friday, citing the company's North American unit.The move aligns with the car maker's strategic policy review amid a weaker US electric vehicle market, after green vehicle subsidies were terminated last year, the report said.The company looks to grow production of traditional vehicles at its Canton plant, but will further sell EVs in the US, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:7201
Asia

Japan Stocks Fall as BOJ Holds Rates, Flags Middle East Uncertainty

Japanese equities closed lower on Tuesday after the Bank of Japan held its policy rate at 0.75% and flagged heightened uncertainty around the economic outlook.The Nikkei 225 fell 1.02%, or 619.90 points, to close at 59,917.46.The decision came with dissent from three board members who called for a rate increase, reinforcing expectations of a potential policy shift. Governor Kazuo Ueda said the likelihood of achieving the bank's forecasts has weakened due to uncertainty tied to the Middle East conflict.He said risks are skewed both ways, with downside pressure on growth and upside risks to inflation, particularly in fiscal 2026, making it difficult to assess the duration and impact on the economy and prices.In other economic news, Japan's unemployment rate rose to 2.7% in March from 2.6%, as the number of employed fell to 68.15 million and jobless increased to 1.86 million.On the corporate front, Shares of Denso (TYO:6902) fell about 3% after it withdrew its proposal to acquire a stake in ROHM (TYO:6963), citing lack of support and limited value upside.Shares of Nissan Motor (TYO:7201) rose about 4% after it forecast a narrower fiscal 2025 loss, with loss per share seen at 157.42 yen and net loss at 550 billion yen alongside slightly higher sales.Shares of Idemitsu Kosan (TYO:5019) gained about 3% after a report said it will supply Vietnam with around 4 million barrels of crude via routes bypassing the Strait of Hormuz.

Nikkei 225TYO:5019TYO:6902TYO:6963TYO:7201
Asia

Nissan Climbs After Narrower Loss, Higher Sales Guidance For Fiscal 2025

Shares of Nissan Motor (TYO:7201) rose about 4% on Tuesday after the company said it expects a lower loss in fiscal 2025 than it previously anticipated.Nissan now expects loss per share of 157.42 yen, compared with the prior estimate of a 186.04 yen loss. Net loss attributable to owners is seen at 550 billion yen, narrower than the previously forecast loss of 650 billion yen. Net sales are projected at 12 trillion yen, up from 11.9 trillion yen.The improvement reflects a one-off benefit tied to the rollback of U.S. emissions regulations, along with better cost performance and favorable foreign exchange. The company expects positive automotive free cash flow in the second half and automotive net cash above 1 trillion yen.

TYO:7201
Asia

Nikkei Gains as Japan Opens Door to Arms Exports

Japanese shares ended higher Tuesday after Japan eased decades-old defence export curbs to allow overseas sales of warships, missiles and other weapons, bolstering sentiment around the domestic defence sector.The Nikkei 225 rose 0.9%, or 524.28 points, to close at 59,349.17.Conflicts in Ukraine and the Middle East are stretching U.S. weapons output, opening room for Japan as allies seek alternative suppliers amid uncertainty over Donald Trump's security stance.Prime Minister Sanae Takaichi said closer defense cooperation is needed, as Tokyo scrapped five export categories that had limited overseas sales. Each deal will now be reviewed individually, while core rules on screening, third-party transfers and sales to conflict zones remain, with exceptions possible for national security.On the corporate front, Kasumigaseki Capital (TYO:3498) rose 5% after the company said a Sanriku offshore earthquake caused no damage to assets or operations and had no earnings impact.Rigaku (TYO:268A) surged 22% after agreeing to a capital and business alliance with Onto Innovation, which will acquire a 27% stake to become its largest shareholder.Nissan Motor (TYO:7201) fell 2% despite progress on solid-state EV batteries and outlined plans for AI-driven vehicles and energy solutions.

Nikkei 225TYO:268ATYO:3498TYO:7201
Asia

Market Chatter: Nissan Doubles EV Range in Solid-State Battery Tests

Nissan Motor (TYO:7201) has cleared key hurdles in developing all-solid-state EV batteries, keeping it on track for mass production in fiscal 2028, Nikkei reported Tuesday.Prototype testing showed the technology can significantly boost energy density versus lithium-ion batteries, supporting longer driving range and faster charging, according to the report.The company is also preparing a more affordable bidirectional charger by 2028, enabling EVs to power homes, with plans to allow surplus electricity sales to the grid around 2030, the report said.In parallel, Nissan is building an in-house software platform to speed up the development of data-driven features. This will support AI-based autonomous driving from fiscal 2027 and the broader rollout of intelligent in-car functions, part of a plan to equip most models with advanced driving capabilities, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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