Core Insights - Nissan Motor Co. announced the sale of its global headquarters building in Yokohama for 97 billion yen (approximately 4.5 billion RMB), with plans to continue using the building under a lease agreement [1] - The sale is part of Nissan's restructuring efforts, with expected special profits of 73.9 billion yen to be recorded in the fiscal year 2025 [1] - The funds from the sale will be allocated towards digital transformation and research and development [1] Financial Performance - Nissan reported a net loss of 221.9 billion yen (approximately 10.3 billion RMB) for the first half of the fiscal year 2025, a significant decline from a profit of 19.2 billion yen in the same period last year [5] - Global sales for Nissan in the second quarter were approximately 773,000 units, a year-on-year decrease of 4.5% [5] - The company forecasts total vehicle sales of 3.25 million units for the fiscal year 2025, with expected declines in key markets including China, Japan, and Europe [5] Cost-Cutting Measures - Prior to the headquarters sale, Nissan announced a restructuring plan that includes laying off 20,000 employees and closing seven factories, aiming to reduce costs by approximately 500 billion yen by the fiscal year 2026 [7] - The company recorded a net loss of 670.8 billion yen for the fiscal year 2024, marking its largest loss since inception [7] Market Strategy - Nissan is focusing on enhancing its competitiveness in the Chinese market through increased investment in electric vehicle (EV) technology [9] - The launch of the Nissan N7, an EV model under the Dongfeng Nissan brand, has seen positive sales performance, with over 36,000 units sold in the first nine months of 2025 [11] - Nissan has established a joint venture for vehicle import and export in China, marking a new phase in its global strategy [11]