Nissan refused to pay dividends to shareholders


Japanese corporation Nissan refused to pay dividends to shareholders in fiscal 2020 due to a sales crisis and a possible second wave of coronavirus, Reuters reported on July 28. Market prospects remain uncertain, and we may see a further deterioration in demand due to a possible second wave of pandemic. Fiscal year 2020 will be difficult, Nissan Executive Director Makoto Uchida said at a briefing. The company predicts losses of 470 billion yen ($4.5 billion) for the year by March 2021. At the same time, the last financial year for Nissan was also unprofitable. See also:

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