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 Co. will seek a new partnership even with a firm outside the auto industry following the breakdown of merger talks with Honda Motor Co., incoming Nissan President Ivan Espinosa said in a recent interview.