Nissan posts first quarter results
London, August 01, 2025, (Oilandgaspress) –––Nissan Motor Co., Ltd. today announced financial results for the three months ended June 30, 2025. In the first quarter, Nissan recorded global sales of 707,000 units and consolidated net revenue of 2.7 trillion yen. While improvements in product mix and reductions in fixed costs helped mitigate losses—resulting in a smaller-than-expected operating loss of 79.1 billion yen compared to the earlier forecast of 200 billion yen—the company continued to face headwinds. These included lower sales volumes, adverse exchange rate movements, and the impact of U.S. tariffs. Consequently, the net loss for the period amounted to 115.8 billion yen.
First-quarter financial highlights
The following table summarizes Nissan’s financial results for the three months ended June 30, 2025, calculated under the equity accounting method for the group’s China joint venture.
TSE report basis – China JV equity basis2
| Yen in billions | FY24 Q1 | FY25 Q1 | Variance vs FY24 |
| Revenue | 2,998.4 | 2,706.9 | -291.5 |
| Operating profit | 1.0 | -79.1 | -80.1 |
| Operating margin | 0.0% | -2.9% | -2.9 points |
| Ordinary profit | 65.1 | -109.2 | -174.4 |
| Net income1 | 28.6 | -115.8 | -144.3 |
Based on average foreign exchange rates of JPY 145/USD and JPY 164/EUR for FY25 Q1
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London, August 01, 2025, (Oilandgaspress) –––Nissan production, sales, and exports for June and first half of 2025
Production
| June 2025 (vehicles) | Year-on-year change (%) | Jan. – June 2025 (vehicles) | Year-on-year change (%) | Jan. – June 2024 (vehicles) | ||||
| Passenger vehicles | 44,260 | -4.8 | 260,926 | -13.9 | 303,102 | |||
| Commercial vehicles | 4,719 | +3.1 | 30,847 | +22.9 | 25,090 | |||
| Production in Japan | 48,979 | -4.1 | 291,773 | -11.1 | 328,192 | |||
| US | 34,127 | +12.4 | 244,541 | -14.7 | 286,553 | |||
| Mexico | 59,112 | -2.2 | 341,530 | +0.3 | 340,358 | |||
| UK | 24,607 | -3.8 | 133,148 | -16.6 | 159,579 | |||
| China | 56,124 | +4.2 | 267,796 | -20.9 | 338,486 | |||
| Others | 30,119 | +20.1 | 160,252 | -0.4 | 160,944 | |||
| Production outside Japan | 204,089 | +4.5 | 1,147,267 | -10.8 | 1,285,920 | |||
| Global production | 253,068 | +2.7 | 1,439,040 | -10.8 | 1,614,112 | |||
Note:
1) “Others” represents the combined total of production in markets including Taiwan, Thailand, South Africa, Brazil, India, Egypt, and Argentina (excluding complete knocked-down production).
June 2025
Global production in June surpassed year-earlier results by 2.7%.
Production in Japan declined 4.1% from a year earlier.
Production outside Japan surpassed year-earlier results by 4.5%.
January–June 2025
Global production in the January–June 2025 period declined 10.8% from a year earlier.
Production in Japan declined 11.1% from a year earlier.
Production outside Japan declined 10.8% from a year earlier.
2. Sales
| June 2025 (vehicles) | Year-on-year change (%) | Jan. – June 2025 (vehicles) | Year-on-year change (%) | Jan. – June 2024 (vehicles) | ||||
| Passenger vehicles | 17,113 | -12.5 | 108,610 | -15.0 | 127,815 | |||
| Commercial vehicles | 3,924 | +36.8 | 25,154 | +30.1 | 19,330 | |||
| Japan (registration) | 21,037 | -6.2 | 133,764 | -9.1 | 147,145 | |||
| Japan (minivehicles) | 13,998 | +0.5 | 86,656 | -12.2 | 98,663 | |||
| Japan (incl. minivehicles) | 35,035 | -3.7 | 220,420 | -10.3 | 245,808 | |||
| US | 71,920 | -11.6 | 488,526 | -0.2 | 489,456 | |||
| Canada | 10,094 | +15.6 | 60,306 | +9.6 | 55,025 | |||
| Mexico | 21,200 | -0.1 | 128,763 | +5.1 | 122,457 | |||
| North America | 103,327 | -7.2 | 678,393 | +1.6 | 667,456 | |||
| Europe | 30,786 | -7.6 | 187,832 | -4.1 | 195,802 | |||
| China | 53,843 | +1.9 | 279,471 | -17.6 | 339,297 | |||
| Others | 39,142 | -6.3 | 247,681 | -5.9 | 263,342 | |||
| Sales outside Japan | 227,098 | -5.1 | 1,393,377 | -4.9 | 1,465,897 | |||
| Global sales | 262,133 | -4.9 | 1,613,797 | -5.7 | 1,711,705 | |||
Note:
1) Japan sales are categorized as passenger vehicles and commercial vehicles based on chassis.
June 2025
Global sales in June declined 4.9% from a year earlier.
Sales including minivehicles in Japan declined 3.7% from a year earlier.
- Sales of registered vehicles in Japan declined 6.2% from a year earlier.
- Minivehicle sales in Japan surpassed year-earlier results by 0.5%.
Sales outside Japan declined 5.1% from a year earlier.
January–June 2025
Global sales in the January–June 2025 period declined 5.7% from a year earlier.
Sales including minivehicles in Japan declined 10.3% from a year earlier.
- Sales of registered vehicles in Japan declined 9.1% from a year earlier.
- Minivehicle sales in Japan declined 12.2% from a year earlier.
Sales outside Japan declined 4.9% from a year earlier.
3. Exports from Japan
| June 2025 (vehicles) | Year-on-year change (%) | Jan. – June 2025 (vehicles) | Year-on-year change (%) | Jan. – June 2024 (vehicles) | ||||
| North America | 6,529 | -57.5 | 65,735 | -34.1 | 99,750 | |||
| Europe | 3,105 | -9.7 | 17,151 | -36.6 | 27,049 | |||
| Others | 14,471 | +29.1 | 75,973 | +14.5 | 66,370 | |||
| Total exports from Japan | 24,105 | -19.6 | 158,859 | -17.8 | 193,169 | |||
Notes:
1) Exports are the total of complete built-up and complete knocked-down vehicles (based on data from JAMA).
2) Export regions are based on JAMA geographic divisions. (Mexico is included in “Others.”) / Information Source: Read More
London, August 01, 2025, (Oilandgaspress) –––As part of its global production restructuring under the Re:Nissan recovery plan, Nissan will consolidate vehicle production from the CIVAC Plant in Cuernavaca to the Aguascalientes Plant in Mexico. This move strengthens the company’s resilient and responsive global manufacturing footprint—aligned with market realities and agile enough to meet future demands.
Nissan transitions all vehicle production in Mexico to Aguascalientes complex during fiscal year 2025 (ending March 2026), ceasing operations at the CIVAC Plant in Morelos. This transition will centralize the manufacturing of both current and future models in Aguascalientes, leveraging its advanced, state-of-the-art equipment to drive production and logistics efficiencies while supporting sustainable growth.
Nissan CEO Ivan Espinosa said, “For over 60 years, Nissan Mexicana has built a strong and trusted relationship with its stakeholders in Mexico, earning global recognition as one of the company’s flagship operations. Today, we have made the difficult but necessary decision, that will allow us to become more efficient, more competitive, and more sustainable. Throughout this transition, we remain deeply appreciative of the invaluable contributions made by our collaborators at the CIVAC Plant. Their dedication over the years has been instrumental to our success. I take this opportunity to reaffirm our commitment to our employees, customers, and to Mexico, which remains a strategic pillar for our company.”
Under Re:Nissan, Nissan aims to reduce its global production capacity from 3.5 million units (excluding China) to 2.5 million units, while maintaining a plant utilization rate of around 100%. To achieve this, the company has been considering the consolidation of production sites from 17 to 10.
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