Nissan Motor has announced its fiscal year 2020 (April 2020 to March 2021) results.

Nissan's operating income for the year fell to 7.86 trillion yen, resulting in an operating loss of 150.7 billion yen, exceeding the previous year's loss of 40 billion yen; net income loss of 448.7 billion yen (about 26.5 billion yuan).

At the same time, Nissan expects a net loss of 60 billion yen (about 3.5 billion yuan) in fiscal 2021, meaning the company will lose money for three consecutive years.