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Nissan Motor Co ( (JP:7201) ) has issued an update.
Nissan Motor Co., Ltd. has announced a strategic move to establish a trust for its fixed assets, transferring beneficiary rights and entering a lease agreement for its Global Headquarters in Yokohama, Japan. This transaction, part of the ‘Re:Nissan’ initiative, aims to optimize assets and generate extraordinary income, with a net gain of JPY 73,905 million expected by the fiscal year ending March 31, 2026. The funds will be used to modernize and transform facilities, maintaining Nissan’s operational efficiency while continuing to use the building as its headquarters.
The most recent analyst rating on (JP:7201) stock is a Hold with a Yen346.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.
More about Nissan Motor Co
Nissan Motor Co., Ltd. is a prominent player in the automotive industry, known for manufacturing a wide range of vehicles including cars, trucks, and electric vehicles. The company is focused on optimizing its operations to achieve positive profitability and cash flow by 2026.
Average Trading Volume: 31,228,706
Technical Sentiment Signal: Sell
Current Market Cap: Yen1229.9B
See more insights into 7201 stock on TipRanks’ Stock Analysis page.