Nissan stocks rise 2.6% as plant closures, job cut details welcomed

Carmaker to continue seeking partnerships after failing to merge with Honda

Nissan had entered integration negotiations with Honda, assuming there would be an equal partnership, but when those plans did not materialize, talks began to break down. (Photo by Mizuho Miyazaki)

SAYUMI TAKE

February 14, 2025 18:11 JST

TOKYO -- Nissan Motor stocks rose 2.6% in Friday trading, a day after it announced the halt of merger talks with Honda Motor. Investors welcomed increased clarity on the carmaker's turnaround measures while awaiting further developments on partnership schemes.

Nissan stocks temporarily traded at 449.8 yen on the Tokyo Stock Exchange, up 8.4% compared to the previous day's closing price. They ended Friday trading at 425.7 yen, up 2.6% versus Thursday. Nissan and Honda's announcement on Thursday came after daily trading closed at the bourse.