TOKYO — Honda Motor has estimated that Nissan Motor will need to at least triple its annual operating profit by fiscal 2026 for their planned integration to be successful, the automakers’ presentation on the merger suggests.
“The integration will not be realized unless Nissan and Honda execute it as two companies that are able to stand on their own feet,” Honda President and CEO Toshihiro Mibe said in a joint press conference last month announcing the signing of a memorandum of understanding. Mibe said that an improvement to Nissan’s earnings is a “condition of the MOU.”
