Struggling Nissan Pays 646 M. Yen to 4 Retired Execs
Tokyo, May 27 (Jiji Press)--Struggling Nissan Motor Co. has paid a total of 646 million yen in retirement compensation for four executives, including former President Makoto Uchida, according to a notice of a general shareholders meeting released by the company on Tuesday.
The large payment could provoke a backlash from Nissan shareholders, especially after the company recorded a consolidated net loss of 670.8 billion yen for the year ended this March.
(2025/05/27-22:11)
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