Nissan <7201> has significantly dropped and updated its low price. Moody's Japan has changed the company's issuer rating outlook from "stable" to "negative." The rating itself remains at "Baa3," which is the lower limit of investment grade. The forecast downgrade is attributed to the worsening of free cash flow and profitability in the automobile business. Additionally, they have commented that there are "run risks" associated with the reconstruction plan aimed at achieving annual cost reductions of 400 billion yen.
日産自---大幅反落で安値更新、ムーディーズが格付け見通しを引き下げ
Nissan sharply declines to update its low, moody's has downgraded its rating outlook.
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