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.