Nissan Motor sees a record net loss of 700 billion yen to 750 billion yen ($4.91 billion-$5.26 billion) for the financial year that ended in March, it said on Thursday, due to impairment charges as the struggling automaker restructures.

Nissan Motor estimated billions of dollars in net loss for the fiscal year ended March due to impairments and restructuring expenses.

Nissan has warned of its biggest-ever annual loss of up to ¥750bn ($5.3bn) on the back of higher than expected restructuring costs as the ailing Japanese car company faces a new frontier of financial pressures from US President Donald Trump’s tariff war.