Nissan Cuts Profit, Dividend Forecast as Turnaround Stalls

Nissan faces significant challenges, including a 99% profit drop, job cuts, and a 30% market value decline. Management changes were made to prevent power concentration. The strengthening yen and declining sales in China and North America add to the pressure. The Renault partnership is crucial for survival amid global auto industry stress. A dividend cut is expected to affect share prices.

How much did the company's market value drop over the past year?

What are the key factors that investors are focusing on regarding the company's outlook?