Nissan gains after lifting outlook on cost cuts, FX

Nissan Motor revised its fiscal 2025 outlook, turning a projected operating loss of ¥60 billion into a forecasted operating profit of ¥50 billion for the year ending March 31, 2026. The surprise guidance upgrade, attributed to cost-cutting measures and favorable FX, lifted the stock by as much as about 6.5% in Tokyo trading. The positive company-specific shock is likely to provide a near-term boost to Japanese equity sentiment and could support gains in the Japan 225 index as investors reassess auto-sector profitability and corporate cost discipline.