Finance
Moody's cuts Nissan corporate family rating to Ba2
Published by Global Banking & Finance Review®
Posted on June 6, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 6, 2025
1 min readLast updated: January 23, 2026
Moody's downgraded Nissan's corporate rating to Ba2, citing weak cash flow and EBIT margin. The outlook remains negative as Nissan implements cost-cutting measures.
TOKYO (Reuters) - Global ratings agency Moody's on Friday cut Nissan Motor Co Ltd's corporate family rating to Ba2 from Ba1, as the embattled Japanese automaker seeks to push through a turnaround.
The outlook remains negative, Moody's said.
"The downgrade reflects the deterioration and expectation for continuing weakness in Nissan's credit profile, most notably in its automotive free cash flow and EBIT margin," Dean Enjo, Moody's ratings vice president and senior analyst, said in a statement.
Japan's third-biggest automaker last month unveiled sweeping new cost cuts, saying it would reduce its workforce by around 15% and cut production plants to 10 from 17 globally, as performance in its key markets continues to come under pressure.
(Reporting by Kiyoshi Takenaka; Editing by Tom Hogue)
Moody's cut Nissan Motor Co Ltd's corporate family rating to Ba2 from Ba1.
The outlook remains negative, indicating ongoing concerns about Nissan's financial health.
The downgrade reflects the deterioration and expectation for continuing weakness in Nissan's credit profile, particularly in its automotive free cash flow and EBIT margin.
Nissan plans to reduce its workforce by around 15% and cut production plants from 17 to 10 globally.
The article was reported by Kiyoshi Takenaka and edited by Tom Hogue.
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