On September 9, 2022, DBRS Limited (DBRS Morningstar) changed the trends on the Issuer Rating and Senior Unsecured Debt rating of Nissan Motor Co., Ltd. as well as the Senior Unsecured Debt rating of its subsidiary, Nissan Canada Inc., to Stable from Negative while confirming these ratings at BBB (low). The trend changes reflect the moderately improving operating performance (albeit from weak levels) of the Company.
DBRS Limited (DBRS Morningstar) confirmed the Issuer Rating and Senior Unsecured Debt rating of Nissan Motor Co., Ltd. (the Company) as well as the Senior Unsecured Debt rating of its subsidiary, Nissan Canada Inc., at BBB (low). The confirmation reflects the Company's moderately improving operating performance (albeit from weak levels) amid progress on its current transformation program (designated as Nissan NEXT by the Company).
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