Click to enlarge.
Nissan Motor Co. (7201T and NSANY ADR) today posted financial results for the full year and the fourth quarter of fiscal year 2025, ending 31 March 2026. The struggling Japanese automaker posted a ¥533 billion yen (~$3.4 billion) loss, less than the ¥670.9 billion loss in the prior 2024 Japanese fiscal year.* Quarterly sales dropped ~2% to ¥3.43 trillion (~$22 billion).
“FY2025 marked a year of steady execution under Re:Nissan, where we strengthened our foundation and began to see tangible progress in our financial performance. At the same time, we set our long‑term direction with Mobility Intelligence for everyday life. We have moved beyond recovery and are entering a phase of growth,” said Chief Executive Officer Ivan Espinosa.
“In FY2026, we will build on this momentum through disciplined cost management and faster product execution, driving sales and profitability as we deliver our Re:Nissan commitments. At the same time, we will continue to evolve the customer experience in line with this vision,” Espinoza claimed. Nissan forecast that it will make money for the fiscal year through March 2027,with a scant ¥20 billion (~$127 million) profit. **
Nissan FY 2025 Results Summary
For the full year, Nissan posted an operating profit of ¥58.0 billion, with a margin of 0.5%.
Global sales totaled 3.15 million units, and consolidated revenue reached ¥12.0 trillion. Net income remained negative at ¥533.1 billion.
Automotive free cash flow for the full fiscal year was negative at ¥480.8 billion. However, performance improved in the second half, with free cash flow turning positive and reaching ¥112 billion.
As of fiscal year-end, net cash in the automotive business stood at ¥1.17 trillion. Automotive cash and cash equivalents are ¥2.2 trillion. Together with ¥1.4 trillion in loans to sales finance companies, the company is maintaining total liquidity of ¥3.6 trillion.
Fourth Quarter Financial Summary
In the fourth quarter of fiscal year 2025, consolidated net revenue was ¥3,429.9 billion, consolidated operating profit was ¥68.1 billion yen, and operating profit margin was 2.0%. Net income [footnote 1] in the fourth quarter was negative at ¥282.9 billion yen.
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*AutoInformed on
**Inevitable Nissan FY 2025 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 revenues 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.
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 2025 Operating Loss at ¥533B. Drops FY 2026 Dividends
Click to enlarge.
Nissan Motor Co. (7201T and NSANY ADR) today posted financial results for the full year and the fourth quarter of fiscal year 2025, ending 31 March 2026. The struggling Japanese automaker posted a ¥533 billion yen (~$3.4 billion) loss, less than the ¥670.9 billion loss in the prior 2024 Japanese fiscal year.* Quarterly sales dropped ~2% to ¥3.43 trillion (~$22 billion).
“FY2025 marked a year of steady execution under Re:Nissan, where we strengthened our foundation and began to see tangible progress in our financial performance. At the same time, we set our long‑term direction with Mobility Intelligence for everyday life. We have moved beyond recovery and are entering a phase of growth,” said Chief Executive Officer Ivan Espinosa.
“In FY2026, we will build on this momentum through disciplined cost management and faster product execution, driving sales and profitability as we deliver our Re:Nissan commitments. At the same time, we will continue to evolve the customer experience in line with this vision,” Espinoza claimed. Nissan forecast that it will make money for the fiscal year through March 2027,with a scant ¥20 billion (~$127 million) profit. **
Nissan FY 2025 Results Summary
For the full year, Nissan posted an operating profit of ¥58.0 billion, with a margin of 0.5%.
Global sales totaled 3.15 million units, and consolidated revenue reached ¥12.0 trillion. Net income remained negative at ¥533.1 billion.
Automotive free cash flow for the full fiscal year was negative at ¥480.8 billion. However, performance improved in the second half, with free cash flow turning positive and reaching ¥112 billion.
As of fiscal year-end, net cash in the automotive business stood at ¥1.17 trillion. Automotive cash and cash equivalents are ¥2.2 trillion. Together with ¥1.4 trillion in loans to sales finance companies, the company is maintaining total liquidity of ¥3.6 trillion.
Fourth Quarter Financial Summary
In the fourth quarter of fiscal year 2025, consolidated net revenue was ¥3,429.9 billion, consolidated operating profit was ¥68.1 billion yen, and operating profit margin was 2.0%. Net income [footnote 1] in the fourth quarter was negative at ¥282.9 billion yen.
Click to enlarge.
*AutoInformed on
**Inevitable Nissan FY 2025 Footnotes
*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.
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.