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Nissan Motor Company* (7201T and NSANY ADR)** today announced financial results of a ¥29.1 Billion loss for the three months of the Japanese fiscal year ending 30 2025. Both its outlook and future survival remain murky.***
“These results serve as a reminder of the urgency behind our Re: Nissan recovery plan. Over the past quarter, we’ve taken decisive first steps – cutting costs, redefining our product and market strategy, and strengthening key partnerships. We must now go further and faster to achieve profitability. Everyone at Nissan is united in delivering a recovery that will ensure a sustainable and profitable future,” claimed Nissan President and CEO Ivan Espinosa.
Re: Nissan Progress
Under the so-called Re: Nissan, which is a makeover plan, Nissan is targeting a return to profitability and positive free cash flow in the automotive business by fiscal 2026. “Decisive actions have already been initiated to support this goal,” Nissan claimed.
“On the variable cost front, the dedicated TdC Transformation team has generated approximately 4,000 cost-saving ideas, with around 1,600 ready to implementation. Fixed cost reductions have also begun to yield results, with savings of more than 30 billion yen realized in the first quarter alone.
“As part of efforts to optimize the global manufacturing footprint, decisions have been made to reduce or consolidate five of seven targeted production sites worldwide.
“Meanwhile, the strategy to align product offerings with market realities is progressing, with models such as the N7 in China and the Magnite in Mexico delivering strong sales. The company remains focused on launching competitive new models to drive top-line growth while continuing to transform its cost structure,” Nissan said. [see footnotes]
*AutoInformed on
**Inevitable Nissan Footnotes
- Net income attributable to owners of the parent
- Since the beginning of fiscal year 2013, Nissan has reported figures calculated under the equity method accounting for its joint venture with Dong Feng in China. Although net income reporting remains unchanged under this accounting method, the equity-accounting income statements no longer include Dong Feng-Nissan’s results in revenue and operating profit.
- The financial forecast is based on judgements and estimates that have been made using currently available information. By nature, such financial forecast is subject to uncertainty and risk. Therefore, the final results may differ from the aforementioned forecast.
***FY2025 outlook
Nissan has maintained its FY25 net revenue outlook at ¥12.5 trillion. “However, given the difficulty in forecasting the business environment surrounding the company at this time, the outlook for operating profit, net income, and auto free cash flow for the fiscal year remains undetermined. “Additionally, the outlook for the second quarter of FY25 is expected to be a consolidated net revenue of ¥2.8 trillion yen, operating loss of 100 billion yen and negative automotive free cash flow of ¥350 billion,” Nissan said.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Nissan Motor Posts Loss of ¥29.1B for Q1 FY 2025
Click for more.
Nissan Motor Company* (7201T and NSANY ADR)** today announced financial results of a ¥29.1 Billion loss for the three months of the Japanese fiscal year ending 30 2025. Both its outlook and future survival remain murky.***
“These results serve as a reminder of the urgency behind our Re: Nissan recovery plan. Over the past quarter, we’ve taken decisive first steps – cutting costs, redefining our product and market strategy, and strengthening key partnerships. We must now go further and faster to achieve profitability. Everyone at Nissan is united in delivering a recovery that will ensure a sustainable and profitable future,” claimed Nissan President and CEO Ivan Espinosa.
Re: Nissan Progress
Under the so-called Re: Nissan, which is a makeover plan, Nissan is targeting a return to profitability and positive free cash flow in the automotive business by fiscal 2026. “Decisive actions have already been initiated to support this goal,” Nissan claimed.
“On the variable cost front, the dedicated TdC Transformation team has generated approximately 4,000 cost-saving ideas, with around 1,600 ready to implementation. Fixed cost reductions have also begun to yield results, with savings of more than 30 billion yen realized in the first quarter alone.
“As part of efforts to optimize the global manufacturing footprint, decisions have been made to reduce or consolidate five of seven targeted production sites worldwide.
“Meanwhile, the strategy to align product offerings with market realities is progressing, with models such as the N7 in China and the Magnite in Mexico delivering strong sales. The company remains focused on launching competitive new models to drive top-line growth while continuing to transform its cost structure,” Nissan said. [see footnotes]
*AutoInformed on
**Inevitable Nissan Footnotes
***FY2025 outlook
Nissan has maintained its FY25 net revenue outlook at ¥12.5 trillion. “However, given the difficulty in forecasting the business environment surrounding the company at this time, the outlook for operating profit, net income, and auto free cash flow for the fiscal year remains undetermined. “Additionally, the outlook for the second quarter of FY25 is expected to be a consolidated net revenue of ¥2.8 trillion yen, operating loss of 100 billion yen and negative automotive free cash flow of ¥350 billion,” Nissan said.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.