Nissan Motor has reported a internet lack of Y221.9bn ($1.4bn) for the primary half of fiscal 12 months 2025 (FY25) and confirmed plans to promote its Yokohama headquarters constructing.
The consequence for the six months to 30 September 2025 contrasts with a internet revenue of Y19.2bn in the identical interval a 12 months earlier.
The corporate cited weak efficiency in its core automotive operations and the impact of further US tariffs on Japanese items launched by the Trump administration.
First half gross sales income declined 6.8% 12 months on 12 months to Y5.58trn.
Nissan recorded an working lack of Y27.6bn, reversing an working revenue of Y32.9bn within the prior-year interval.
International car gross sales totalled 1.48 million models within the half.
Nissan mentioned its liquidity remained sturdy at Y3.6trn as of September, together with Y2.2trn in gross money.
Nissan president and CEO Ivan Espinosa mentioned: “Our first-half outcomes mirror the challenges we face, but they verify that Nissan is firmly on the trail to restoration. The second half will carry its personal hurdles, however with focus, self-discipline, and the actions underway, I’m assured we are going to ship stronger outcomes.
For the total fiscal 12 months ending March 2026, the corporate now tasks income of Y11.7trn, a 6.4% discount from its earlier outlook of Y12.5trn.
It expects to interrupt even on the working stage when excluding the affect of US tariffs; together with estimated tariffs, Nissan forecasts an working lack of Y275bn.
The Japanese car producer mentioned its cost-saving measures are progressing, concentrating on cumulative financial savings of Y500bn by FY26.
The Yokohama headquarters sale varieties a part of the corporate’s technique to get rid of non-core belongings. Below the deal, Nissan will lease the constructing again for 20 years, permitting it to proceed working there as its head workplace.
The corporate mentioned that proceeds shall be reinvested to modernise amenities and assist future progress below the Re:Nissan programme.
It reiterated goals below Re:Nissan to attain constructive automotive working revenue and free money stream by fiscal 2026.
The corporate mentioned it has recognized Y200bn in potential variable value financial savings. Mounted value cuts are progressing shortly, with greater than Y80bn achieved within the first half.
Nissan mentioned it’s on target to exceed Y150bn by year-end and stays assured of surpassing its Y250bn goal by fiscal 2026.
It added that six of seven plant web site measures have been accomplished, engineering value per hour has improved by 12% in direction of a 20% goal, and components complexity has been materially lowered.
“Balancing optimism with prudent threat administration below Re:Nissan, we’re accelerating towards the long run—prioritising new merchandise, key markets, and breakthrough applied sciences that can outline Nissan’s subsequent chapter,” mentioned Espinosa.
