According to reports from Kuaikeji on November 11, foreign media revealed that all the financial reports for the first half of the fiscal year (April to September this year) of Japan's major automakers have been released, and the results have been surprising.

Specifically, the net profits of Toyota, Honda, Nissan, Mitsubishi, and Mazda have all declined compared to the same period last year. Notably, Nissan's net profit plunged 94% year-on-year, amounting to only 19.2 billion yen (approximately RMB 900 million).

In June this year, several Japanese automakers became the focus of public attention due to a scandal involving falsified car test data, and some models were forced to suspend production and sales. This not only directly affected sales but also further squeezed profit margins due to huge rectification costs, leading to a loss of trust in Japanese automakers among the public.

Japanese automakers are currently facing difficulties both in Japan and overseas markets. Statistics show that global sales of the top three automakers, Toyota, Honda, and Nissan, all declined in the first half of this fiscal year.

For example, the sales of the aforementioned Japanese automakers in China are declining, and there is still no effective way to stop the decline.