After months of looming rumors and reports, Nissan has finally sold its famed headquarters in Yokohama, Japan. This comes as the latest phase in the Re:Nissan recovery plan, which has already carried out the global consolidation of production lines and at least three facility closures.
The property was sold for around P37.23 billion, but the recuperating automaker isn’t going anywhere. The deal included a 20-year lease term between Nissan and the new owners, but it is unclear just how much those rent payments will cost.
Overall, Nissan is on track to return to profitability by 2027, but a few more facilities will likely be closed down and sold off. The brand initially estimated that its workforce would be depleted by around 20,000 employees throughout Re:Nissan.
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Amidst all this change, Nissan has remained committed to developing new models for its domestic and global markets. At the 2025 Japan Mobility Show, the new Elgrand minivan made its debut as a local exclusive to the Japanese market. Over in China, Nissan-Dongfeng released two new sedans, including the plug-in hybrid N6. While Down Under, the all-new Navara is slated to launch in less than two weeks.
Alongside its operational goals, the brand has also mapped out even more new vehicle releases until 2027—including the next-generation Leaf. Around 10 to 12 of those releases are expected to reach the Philippine market, but Nissan Philippines has yet to make any official announcements.
