Nissan Motor has recovered to profitability in the July–September quarter, reporting an operating profit of 51.5 billion yen ($342 million). That result represents a 61% rise from 31.9 billion yen a year earlier and surprised analysts who had expected an average operating loss of 70.9 billion yen.
The rebound follows an intensive cost-reduction drive and firmer sales in North America. After suffering an operating loss in the first quarter, this is Nissan’s best single-quarter showing since the 90.3 billion yen profit recorded in Q4 FY2023.
Costs, Plants and Production Shifts
As part of a broad turnaround plan, Nissan is accelerating its global restructuring — cutting the number of manufacturing sites from 17 to 10 and trimming about 15% of its workforce. The company has also scaled back production of its top-selling Rogue SUV in Japan because of a chip shortage at Dutch supplier Nexperia, and it plans to stop output at the COMPAS plant in Mexico at the end of November.
Adding to the financial moves, Nissan completed a 97 billion yen sale-and-leaseback of its Yokohama global headquarters to improve liquidity and balance-sheet flexibility.
Headwinds Continue Despite Improvement
Even with the stronger quarter, Nissan still expects an annual operating loss of 275 billion yen through March 2026, pointing to persistent U.S. tariff effects and broader supply-chain risks as key challenges.
The recent quarter suggests that tighter cost control, leaner production and product-focused growth could help steady results later in the fiscal year, though external trade and economic pressures remain significant risks.
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