Nissan Motor Co has delivered a positive third-quarter operating profit of 17.5 billion yen (A$161m) and raised its full-year outlook, signalling steady progress in its restructuring efforts despite ongoing market pressures.
The Japanese automaker reported global sales of 2.26 million units in the nine months ended December 2025, with consolidated net revenue totalling 8.6 trillion yen. While the company recorded an operating loss of 10.1 billion yen for the nine-month period, this represented a notable improvement from cumulative results through the second quarter as operating losses continued to narrow.
Net income for the nine months came in at negative 250.2 billion yen, primarily due to lower income from equity-method companies and restructuring costs. Despite the challenges, Nissan maintained a robust financial position with total liquidity of 3.6 trillion yen, including 2.1 trillion yen in cash and cash equivalents as of December.
The company has revised its full-year outlook for fiscal year 2025, adjusting global sales volume forecast to 3.2 million units. Net revenue is expected to reach 11.9 trillion yen, while operating profit is projected to improve to negative 60 billion yen, representing an improvement of 215 billion yen compared with the previous forecast.
Re:Nissan restructuring advances
Under its Re:Nissan restructuring plan, the company is advancing efforts to achieve positive automotive operating profit and free cash flow by the end of fiscal year 2026. Nissan has identified 240 billion yen in potential variable cost savings through implementation of innovative efficiency measures.
Fixed cost reductions are progressing rapidly, with the company delivering over 80 billion yen in the first half and reaching 160 billion yen ahead of plan. Nissan expressed confidence it will surpass its 250 billion yen target by fiscal year 2026.
The consolidation of vehicle production sites is progressing toward completion, with all seven sites for consolidation announced within ten months. Engineering cost-per-hour improvement stands at 15% toward a 20% goal.
“Through the collective efforts of employees company-wide, we are delivering steady progress under Re:Nissan,” president and chief executive Ivan Espinosa said.
“We have announced all seven sites for consolidation within ten months, reflecting disciplined execution and significant advancement on fixed-cost improvements. Although sales remain under pressure and tariff impact continues, we are maintaining operational focus and recognising the ongoing momentum of our product lineup.”
Espinosa acknowledged that fiscal year 2025 will reflect a substantial net loss driven primarily by non-cash accounting charges, but said these actions are necessary to strengthen long-term operating performance. The company will continue reinforcing its financial foundation and increasing revenue through the introduction of competitive new models, supporting its trajectory toward Re:Nissan goals.
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