News On Japan

Nissan Reports Another Massive Loss

TOKYO - Nissan Motor announced its financial results for the year through March 2026 on May 14th, reporting a net loss for the second consecutive year as the company continues efforts to rebuild its business.

The automaker posted a final net loss of more than 533 billion yen for fiscal 2025.

The result was affected by the impact of Trump-era tariffs in the United States, as well as expenses related to factory closures and restructuring measures, including workforce reductions.

Despite the heavy losses, Nissan said it expects to return to profitability in fiscal 2026, forecasting a net profit of 20 billion yen due to the launch of new vehicle models and the effects of ongoing cost-cutting measures.

After the departure of Carlos Ghosn following his arrest in late 2018 and subsequent escape from Japan in 2019, Nissan Motor entered one of the most unstable periods in its modern history, marked by leadership turnover, shrinking global sales, restructuring costs, and repeated swings between profit and loss.

For the fiscal year ending March 2020, Nissan posted a net loss of roughly 671 billion yen, its worst result in more than a decade at the time, as sales weakened sharply in the United States and Europe even before the COVID-19 pandemic intensified the downturn. The company was already cutting production and closing plants under a restructuring program launched after the Ghosn era.

In fiscal 2020, covering the height of the pandemic, Nissan remained in the red with another large loss of around 449 billion yen as global vehicle demand collapsed and factories faced shutdowns across multiple regions. The company withdrew from markets such as South Korea and closed plants in Spain and Indonesia during this period.

A temporary recovery followed in fiscal 2021, when Nissan returned to profitability with net income of about 215 billion yen, helped by cost-cutting, improved semiconductor supply conditions, and stronger earnings in North America. Fiscal 2022 also remained profitable, with earnings rising further to more than 220 billion yen as the weaker yen boosted overseas revenue.

However, the recovery proved fragile. Fiscal 2023 saw profits decline amid intensifying competition in China and rising costs tied to electric vehicle investment and incentives in major markets.

In fiscal 2024, Nissan fell back into deep losses, reporting a net deficit of around 671 billion yen, one of the worst annual performances in company history. Operating profit plunged nearly 88%, while the company announced sweeping restructuring measures including plant closures and tens of thousands of job cuts.

For fiscal 2025, announced on May 14th, 2026, Nissan reported another annual loss of more than 533 billion yen, marking its second consecutive year in the red. The company said the result was affected by Trump-era U.S. tariffs, restructuring expenses, and factory closure costs.

Despite the prolonged difficulties, Nissan now forecasts a return to profitability in fiscal 2026, expecting net profit of around 20 billion yen through new model launches and aggressive cost reductions under CEO Ivan Espinosa.

Source: FNN

News On Japan
POPULAR NEWS

Japan began applying a new numerical alcohol threshold for dangerous driving offenses on July 21, introducing a clearer standard for cases involving impaired driving that could lead to fatal accidents.

Prime Minister Sanae Takaichi's government approved its first annual basic economic and fiscal policy on Tuesday, pledging "responsible and proactive fiscal policy" and envisioning about 370 trillion yen in public- and private-sector investment in strategic industries through fiscal 2040.

Breathtaking 4K footage filmed from a helicopter offers a sweeping aerial view of Mount Fuji and its majestic surrounding landscape.

A covert network of shuttle tankers is carrying crude through the increasingly dangerous Strait of Hormuz as renewed fighting between the United States and Iran disrupts shipping and raises concerns over how Japan will secure the oil it needs.

Russian Deputy Foreign Minister Andrey Rudenko has criticized moves by Japanese and Ukrainian companies to cooperate on drone technology, warning that such ties would be regarded by Moscow as a "clear hostile act."

MEDIA CHANNELS
         

MORE Business NEWS

Tokyo stocks rebounded sharply on July 21 as investors bought back semiconductor and artificial intelligence-related shares after last week’s steep selloff, while attention shifted to upcoming U.S. technology earnings and the government’s new economic policy roadmap.

Japanese cash equities were closed for Marine Day on July 20, leaving investors to assess whether Tokyo can stabilize after last week’s technology-led rout as oil prices rose above $90 a barrel, the yen remained near four-decade lows and global markets braced for another test of the artificial intelligence trade.

Apple has raised prices for iPhones sold in Japan, with the top-end iPhone 17 Pro Max now costing more than 210,000 yen, as the prolonged weakness of the yen increases the local cost of products priced and managed in US dollars.

A tanker carrying about 1 million barrels of Mexican crude oil arrived off Yokkaichi, Mie Prefecture, on the morning of July 17, marking Japan's first such delivery since the Strait of Hormuz was effectively closed.

Tokyo stocks plunged on July 17 as a global selloff in semiconductor and artificial intelligence-related shares pushed the Nikkei 225 into correction territory, while Middle East tensions, higher oil prices and persistent yen weakness added to pressure on investors.

Nissan Motor unveiled a fully redesigned Elgrand minivan on July 17, marking the model's first complete overhaul in 16 years, while introducing a new brand message as the automaker seeks to rebuild its business and revive sales.

Seven & i Holdings is considering investing several hundred billion yen in Zabka Group, Poland's largest convenience store operator, as the Japanese retailer seeks to expand its presence in Europe.

Japanese manufacturers including Fanuc, Yaskawa Electric, Fujitsu, Hitachi, Kawasaki Heavy Industries and Komatsu announced new artificial intelligence initiatives on July 16 as Nvidia expanded its partnerships with Japan's robotics and industrial sectors.