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A return to quarterly profit for Nissan Motor (7201.T). The automaker recorded its first net income in two years for the April-June period, pointing to its ongoing restructuring program as the driver behind the result.
The next confirmable data point is the full earnings disclosure, which will carry the actual profit figure and any revision to the annual outlook.
The restructuring dividend Two years without a quarterly net profit make the April-June print a visible marker for Nissan Motor.
The company has been working through a restructuring effort that, by its own account, is still ongoing. This quarter confirms the cost-reduction and reorganization work is reaching the bottom line.
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