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    Home > Finance > Fitch cuts Nissan rating to junk status, following Moody's downgrade
    Finance

    Fitch cuts Nissan rating to junk status, following Moody's downgrade

    Published by Global Banking & Finance Review®

    Posted on February 26, 2025

    1 min read

    Last updated: January 25, 2026

    Fitch cuts Nissan rating to junk status, following Moody's downgrade - Finance news and analysis from Global Banking & Finance Review
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    Tags:financial marketsCredit ratings

    Quick Summary

    Fitch downgraded Nissan to junk status due to low profitability, following Moody's similar downgrade. S&P also revised Nissan's outlook to negative.

    Fitch Downgrades Nissan to Junk Status Following Moody's Cut

    TOKYO (Reuters) - Fitch Ratings said on Wednesday it has downgraded Nissan Motor's rating to junk-status BB+ from BBB-, referring to the Japanese automaker's "persistently low profitability, with a delayed recovery trajectory against our expectations".

    Fitch also maintained a negative outlook for Nissan credit.

    The move came after Moody's Ratings last week also cut its rating of Nissan by one notch to non-investment grade Ba1. S&P Global Ratings last month revised the carmaker's credit outlook to negative and affirmed its BB+ rating.

    (Reporting by Kantaro Komiya; Editing by Andrew Heavens)

    Key Takeaways

    • •Fitch downgraded Nissan's rating to junk status.
    • •Nissan's rating was cut to BB+ from BBB- by Fitch.
    • •Moody's also downgraded Nissan to non-investment grade Ba1.
    • •S&P Global Ratings affirmed Nissan's BB+ rating with a negative outlook.
    • •Nissan's profitability recovery is delayed, affecting ratings.

    Frequently Asked Questions about Fitch cuts Nissan rating to junk status, following Moody's downgrade

    1What rating did Fitch assign to Nissan?

    Fitch Ratings downgraded Nissan's rating to junk-status BB+ from BBB-.

    2What was the reason for Fitch's downgrade of Nissan?

    The downgrade was attributed to Nissan's persistently low profitability.

    3What outlook did Fitch maintain for Nissan's credit?

    Fitch maintained a negative outlook for Nissan's credit.

    4Which other rating agency downgraded Nissan recently?

    Moody's Ratings cut its rating of Nissan by one notch to non-investment grade Ba1.

    5What did S&P Global Ratings do regarding Nissan's credit outlook?

    S&P Global Ratings revised Nissan's credit outlook to negative last month.

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