Nissan Motor Co has announced financial results for the three months ending June 30, 2025.
In the first quarter, Nissan recorded global sales of 707,000 units and consolidated net revenue of 2.7tn JPY.
While improvements in product mix and reductions in fixed costs helped mitigate losses—resulting in a smaller-than-expected operating loss of 79.1bn JPY compared to the earlier forecast of 200bn JPY, the company continued to face headwinds.
The company has maintained its FY25 net revenue outlook at 12.5tn JPY. 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 consolidated net revenue of 2.8tn JPY, operating loss of 100bn JPY and negative automotive free cash flow of 350bn JPY.
“These results serve as a reminder of the urgency behind our Re:Nissan recovery plan. 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,” emphasized Ivan Espinosa, President & CEO, Nissan.
Under the Re:Nissan transformation plan, the company 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.
