
Core Viewpoint - Nissan is considering selling its headquarters building in Yokohama, Japan, valued at over 100 billion yen, to reduce high operational costs associated with its factories, proposing a "sale and leaseback" arrangement to continue using the facility after the sale [1]. Group 1 - Nissan plans to reduce its global manufacturing footprint by closing seven factories, including two in Japan and several overseas, aiming to cut fixed and variable costs by a total of 500 billion yen compared to the 2024 fiscal year [2]. - The company reported a loss of 670.8 billion yen for the 2024 fiscal year, marking its first loss in four years and the third-highest loss in its history, influenced by U.S. tariff policies [2]. - The workforce reduction will exceed 20,000 employees, with an increase of over 10,000 from previous estimates, as part of the restructuring efforts [2].