Key facts
- Nissan reported a net loss of 115.8 billion yen for the first quarter ended June 30, 2025.
- The company's operating loss for the quarter was 79.1 billion yen.
- Global sales for the quarter were 707,000 units, with consolidated net revenue at 2.7 trillion yen.
- Nissan maintained its full-year net revenue outlook at 12.5 trillion yen.
- Nissan aims for profitability by fiscal 2026 under its Re:Nissan recovery plan.
Nissan Motor Co., Ltd. announced a net loss of 115.8 billion yen for the first quarter ended June 30, 2025, contrasting with an earlier report of a 3.7 billion yen net profit for the same period. The company's operating loss for the quarter was 79.1 billion yen, smaller than the previously forecasted 200 billion yen, aided by improvements in product mix and reductions in fixed costs. However, lower sales volumes, adverse exchange rate movements, and U.S. tariffs contributed to the overall net loss.
Despite the quarterly loss, Nissan maintained its full-year net revenue outlook at 12.5 trillion yen. The company's targets for operating profit, net income, and automotive free cash flow for the fiscal year remain undetermined due to forecasting difficulties. Nissan is pursuing its Re:Nissan recovery plan, aiming to return to profitability and positive free cash flow by fiscal 2026. The company has initiated cost-saving measures, including over 30 billion yen in fixed cost reductions in the first quarter, and is optimizing its global manufacturing footprint.