$NSANY Nissan just recently trolled Ferrari hard on X regarding this...that "Imitation was the greatest form of flattery".
https://share.google/YU4T1oPmVHUS2o1ya
Nissan shares rose after the automaker forecast a full-year operating profit, reversing an earlier loss outlook as regulatory changes and cost cuts improved its prospects.
The company now expects an operating profit of ¥50 billion for the fiscal year ending March 2026, compared with a prior forecast of a ¥60 billion loss issued in February.
Japan-listed shares climbed as much as 6.5% to ¥373.7 and were up about 4% at ¥364.9.
The improvement was largely driven by a one-off gain from changes in U.S. emissions regulations, along with ongoing cost reductions and favorable currency movements.
Nissan slightly raised its revenue forecast to ¥12 trillion from ¥11.9 trillion, supported by FX tailwinds, and said its net loss is expected to narrow to ¥550 billion from a previous estimate of ¥650 billion.
It also expects automotive free cash flow to turn positive in the second half of the fiscal year.
$NSANY
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