Nissan Motor Co., Ltd.
Fiscal Year 2025 Q3 Financial Report
Operating income for the third quarter of fiscal 2025 turned positive at 17.5 billion yen, leading to an upward revision of the full-year forecast to an operating loss of 60 billion yen. Net sales were 8,578 billion yen, and net income attributable to owners of parent was -250.2 billion yen.
Key Figures
- Cumulative Q3 Net Sales: 8,578 billion yen (YoY decrease of 565.2 billion yen)
- Cumulative Q3 Operating Income: 17.5 billion yen (YoY decrease of 74.1 billion yen)
- Full-year Forecast Operating Income: -60 billion yen (Improved by 215 billion yen from previous forecast)
AI要約
Overview of Financial Performance
Operating income for the third quarter of fiscal 2025 turned positive at 17.5 billion yen, a significant improvement from -10.1 billion yen in the same period last year. Net sales were 8,578 billion yen, down 565.2 billion yen YoY, but profitability improved due to fixed cost reductions and manufacturing cost efficiencies. Net income attributable to owners of parent was -250.2 billion yen, primarily affected by decreased earnings from equity-method affiliates and restructuring costs. The full-year forecast was revised upward to net sales of 11,900 billion yen and operating income of -60 billion yen.
Re:Nissan Initiatives and Future Outlook
Efforts under the Re:Nissan initiative are accelerating, targeting a return to profitability in operating income and free cash flow for the automotive business excluding tariff impacts by the end of fiscal 2026. Variable cost reductions are expected to yield 240 billion yen in savings, with fixed cost reductions exceeding 160 billion yen cumulatively, and anticipated to exceed 250 billion yen by the end of fiscal 2026. CEO Ivan Espinosa emphasizes that many of these are non-cash measures without immediate cash outflows and are essential for long-term performance improvement.
