FilingReader Intelligence
Nissan Motor forgoes dividend amidst turnaround plan costs
April 24, 2025 at 12:00 PM UTC•By FilingReader AI
Nissan Motor Co., Ltd. (TSE:7201) announced that its Board of Directors decided to forego the year-end dividend with a record date of March 31, 2025. This decision comes as the company anticipates a significant net loss for the fiscal year ending March 2025, attributed to costs associated with its ongoing turnaround plan. The company expects automotive free cash flow to be approximately negative JPY 250 billion.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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TSE:7201•Tokyo Stock Exchange
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