Nissan Motor(US:NSANY) 3 6 Ke·2025-11-07 12:20Core Viewpoint - Nissan Motor Company is selling its global headquarters building in Yokohama for 97 billion yen (approximately 4.5 billion RMB) as part of its restructuring efforts to improve financial conditions, while continuing to lease the building post-sale [1][3]. Financial Performance - For the first half of the fiscal year 2025 (April to September), Nissan reported a net loss of 221.92 billion yen (approximately 10.3 billion RMB), a significant decline from a profit of 19.22 billion yen in the same period last year [3][4]. - The company forecasts an operating loss of 275 billion yen for the entire fiscal year 2025, maintaining that it could achieve breakeven without tariff impacts [4]. Sales and Market Performance - In the second quarter of fiscal year 2025, Nissan's global sales were approximately 773,000 units, a year-on-year decrease of 4.5% [3]. - Sales by region showed a decline in China (158,000 units, down 8.1%), Japan (98,000 units, down 20.8%), and Europe (72,000 units, down 10.6%), while North America saw a slight increase (319,000 units, up 6.7%) [3]. Strategic Initiatives - Nissan is implementing a revival plan called "Re:Nissan," which includes global layoffs of 20,000 employees and the closure of seven factories to cut costs by approximately 500 billion yen by fiscal year 2026 [4]. - The company is focusing on electric vehicle (EV) development in China, with the launch of the Nissan N7, which has sold over 36,000 units in the first three quarters of 2025 [6]. Market Expansion - Nissan has established a joint venture, Nissan Import and Export (Guangzhou) Co., marking its first wholly foreign-owned vehicle import and export company in China, with plans to export locally developed models [6].