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TYO:7201

27 stories mentioning TYO:7201Updated 7h ago

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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.)

TYO:7201

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