Honda and Nissan scrapped merger talks after failing to agree on terms, marking an abrupt end to what could have been a landmark consolidation in Japan’s auto industry. The negotiations, which began in December 2024, were seen as a survival strategy amid intensifying global competition.
Kioxia has projected a return to profitability for fiscal 2024 (April 2024 – March 2025). However, its capex is expected to decrease by approximately 25% year-over-year in response to the accumulation of NAND Flash inventory.