Core Viewpoint - Nissan reported a net loss of 115.76 billion yen for Q1 of FY2025, a significant shift from profit to loss, with a profit margin of -2.9% [1] - The company is implementing the Re:Nissan plan to improve financial performance and aims for a sustainable and profitable future [1][2] Financial Performance - Nissan's consolidated operating loss was 79.1 billion yen, better than the forecasted 200 billion yen [1] - Global sales reached 707,000 units, with consolidated net revenue of 2.7 trillion yen [1] - For the upcoming second quarter, Nissan expects a net sales forecast of 5.5 trillion yen and a loss of 180 billion yen, indicating no improvement in sales or profits compared to Q1 [2] Cost Reduction and Financial Strategy - The company has saved over 30 billion yen in the first quarter through cost-cutting measures [3] - Nissan has a total liquidity of 3.1 trillion yen, including 2.1 trillion yen in cash and cash equivalents, and 1 trillion yen in outstanding loans from its sales finance company [2] Product and Market Strategy - Nissan is focusing on launching competitive new models, with the N7 model showing strong sales performance in China [5] - The number of new energy models has increased from 8 to 10, with the Nissan brand increasing from 5 to 9 [6] - The N7 model, developed by the local team, has achieved significant sales milestones, indicating its appeal to younger consumers [7] Global Expansion and Strategic Initiatives - Nissan plans to utilize China's technology and cost advantages in multiple global markets, with the N7 and Frontier Pro PHEV as key strategic models [8] - The Re:Nissan revival strategy is making progress, with a focus on enhancing global product lines through local partnerships and exports [8]