Although the company is not ready to provide dividend forecasts, it will try to generate sufficient net cash and resume payments as soon as possible, Uchida said.
"As corporate profits deteriorate and uncertainty remains on the outlook, management will likely be cautious" about responding to union demands for higher pay, said Koya Miyamae, senior economist at SMBC Nikko Securities.
The country laid out a "green growth strategy" last year that includes a goal to replace new gasoline-powered vehicles with EVs by mid-2030s to help achieve 2050 carbon-neutral goal.
India lost another international arbitration case this week, against Cairn Energy, over a tax dispute. It has been ordered to pay the UK-listed company over $1.2 billion in damages and costs.
The Japanese carmaker has also agreed not to conduct mass layoffs until the end of next year, and in exchange production will resume gradually on Aug. 24.
The plants, which employ around 3,000 workers and indirectly an additional 20,000, were originally due to close by the end of this year.
The three Barcelona plants, which employ around 3,000 workers, were originally due to close by December this year.
In exchange, Nissan would not conduct layoffs until the end of 2020 but would maintain its plan to fire at least around 2,500 workers once the factories shut.
Japan's No. 2 automaker plans to produce around 2.6 million vehicles between April and December, down from 3.7 million during the same period last year.
Global automakers are struggling after factories were shuttered earlier this year to stem the spread of the pandemic.