Things are finally looking up for Nissan. Over the past couple of years, the Japanese carmaker pulled several levers in order to save money and optimize its business. The overall recovery plan, Re:Nissan, was initiated to save ¥500 billion and return the carmaker to profitability by its 2027 fiscal year.
Since its deployment, the recovery initiative has seen the closure of several global manufacturing plants and the sale of its Yokohama headquarters. And today, it seems to be paying off. Nissan reported that it has earned ¥50 billion in positive operating profit after closing its latest fiscal year in March 2026.
While its net income and free cash flow remained negative at ¥533.1 billion and ¥480.8 billion, respectively, Nissan did qualify its recent results as early signs of profitability. Ultimately, Re:Nissan will continue, and new vehicles are scheduled for release across the world.
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“Fiscal year 2025 marked a year of steady execution under Re:Nissan, where we strengthened our foundation and began to see tangible progress in our financial performance,” said Nissan CEO, Ivan Espinosa.
“At the same time, we set our long-term direction with Mobility Intelligence for everyday life. We have moved beyond recovery and are entering a phase of growth.”
With Re:Nissan carrying on, more facilities may either downsize or fully shut down. This next ‘growth’ phase will also see Nissan China exporting its domestic-market vehicles to other countries for the first time.
That, interestingly, includes the Philippines, and we will see the fully electric Nissan N7—also slated as the return of the Primera—at the 10th Philippine International Motor Show in June. It will be joined by the hybrid X-Trail e-Power and the plug-in hybrid Frontier Pro. Stay tuned for our coverage on that.
