Nissan Motor has determined the director candidates to be submitted to the Annual General Meeting of Shareholders scheduled for June 2026 and announced the board composition including three new appointees, as well as the chairpersons and members of each committee.
Nissan Motor will change its CFO from Jeremy Papan to George Leondis effective April 1, 2026. Papan will remain until the completion of the fiscal 2025 financial statements.
Revised the sales forecast for the fiscal year ending March 2026 to 11,900,000 million yen, improving the operating loss to 600 billion yen. The net loss forecast is changed to 650 billion yen.
Nissan Motor has decided to transfer the land, buildings, and equipment of the Rosslyn plant and press plant owned by its consolidated subsidiary, Nissan South Africa Company. The transfer price and other details are undisclosed, and the transfer is subject to approval by regulatory authorities and other conditions.