Nissan Motor Co., Ltd.: Rating Report

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.