Business

Nissan Reports Slight Revenue Dip to ¥12.6T in FY2024 Amidst Net Loss Challenges

Nissan's Fiscal Year 2024 Financial Overview

In a recent financial disclosure, Nissan Motor Corporation announced its revenue for the fiscal year 2024 stood at ¥12.6 trillion (approximately $85.2 billion), marking a slight decrease of 0.41% compared to the previous year's figures.

Financial Performance Highlights

The automotive giant revealed a net loss of ¥670.9 billion, a stark contrast to the ¥426 billion net income it celebrated in 2023. This shift underscores the challenges Nissan faced throughout the fiscal year.

Stay tuned for more updates as we continue to analyze Nissan's financial health and strategic direction moving forward.