TOKYO -- Nissan Motor on Thursday forecast a net loss of 615 billion yen ($5.8 billion) for the fiscal year through March, a slight upward revision from previous guidance, helped by an improvement in sales and the implementation of cost-cutting measures, but analysts said it still faces a long road to profitability.
The outlook for the automaker contrasts starkly with those of rivals Toyota Motor and Honda Motor, which last week almost doubled their net profit forecasts for the full year from previous guidance.
