A specific type of company financial report appears to be a recovery tale on the surface, but a closer examination reveals something more nuanced. That’s precisely what Nissan’s most recent numbers for the fiscal year that concluded in March 2026 are. The number in the headline is positive. An operating profit of 58 billion yen, or about $375 million, ended a run of operating deficits that had threatened to last for a third year in a row. The re…
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