Core Insights - Nissan is facing a continuous loss crisis, reporting a significant decline in global retail sales and net sales for the first quarter of the fiscal year 2025 [2] - The company has adjusted its half-year forecast, expecting a net sales figure of 5.50 trillion yen and a loss of 180 billion yen for the second quarter [2] - Despite the negative outlook for the short term, Nissan maintains its annual sales forecast at 12.50 trillion yen [2] Financial Performance - For the first quarter of fiscal year 2025, Nissan's global retail sales were 707,000 units, a year-on-year decrease of 10.1% [2] - The net sales for the same period amounted to 2.7 trillion yen, down 9.7% [2] - The operating loss reported was 79.1 billion yen, marking the first loss for Nissan in the first quarter since 2020 [2] Production Capacity Adjustments - Nissan plans to reduce global production capacity by 20% by the fiscal year 2026 [2] - The company will integrate production from the CIVAC plant into the Aguascalientes facility in Mexico, with the CIVAC plant set to cease operations by the end of fiscal year 2025 [3] - Nissan's production in Japan will also be consolidated, with the Yokosuka plant expected to end vehicle production by the end of fiscal year 2027 [3] Market Position - Nissan's ranking in the Fortune Global 500 has dropped from 136 to 150 [4]