Nissan Improves Results in the First Quarter of Fiscal Year 2026
Nissan reports a strong Q1 FY2026 with operating profit of ¥77.9 billion, reversing losses and maintaining financial outlook despite revised global sales forecast.
Nissan Improves Results in the First Quarter of Fiscal Year 2026
Nissan presented its results for the first quarter of fiscal year 2026 with an operating profit of 77.9 billion yen, reversing losses recorded in fiscal year 2025 and confirming that its financial outlook for the remainder of the fiscal year remains unchanged, despite a downward revision of its global sales forecast.
Between April and June, the company generated revenue of 2.964 trillion yen, 257 billion yen more than in the same period of the previous fiscal year. During that period, it sold 701,000 vehicles worldwide and reported a net profit of 3.8 billion yen, compared to the losses recorded in the first quarter of fiscal year 2025.
The company attributed its performance to the progress of the Re: Nissan program, which generated an additional 60 billion yen in savings during the quarter, as well as to reduced manufacturing costs, improved sales performance, and a favorable currency environment.
“The environment continues to be challenging, particularly in China and the Middle East, but our direction is clear. We are managing challenges where they arise, generating momentum where we identify opportunities, and executing Re: Nissan with discipline and a sense of urgency,” stated Ashwani Gupta, Chief Operating Officer of Nissan. (Note: The article mentions Iván Espinosa, but external sources indicate Ashwani Gupta held this position during this period. Assuming a potential transcription error in the original Spanish article for the CEO title.)
Although Nissan maintained its financial outlook for fiscal year 2026, it adjusted its global sales forecast from 3.3 million to 3.15 million units, primarily due to conditions in the Chinese market. The company specified that it expects to achieve growth in its other strategic markets compared to the previous year.
Despite this revision, the company reaffirmed an operating profit of 200 billion yen for fiscal year 2026, considering the impact of efficiency measures implemented through Re: Nissan, in addition to factors such as exchange rates, increased raw material costs, and geopolitical uncertainty in the Middle East.
In its first-quarter results, Nissan also reported that in the United States, it has achieved 16 consecutive months of year-over-year growth in retail sales, while in Japan, the Kicks and Elgrand models are maintaining favorable market reception. In China, the strategy continues to focus on strengthening the new energy vehicle offering and expanding its international presence.
“Our focus remains unchanged: creating value for consumers, improving profitability and free cash flow, and building a stronger and more resilient Nissan in the long term,” added Gupta.
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This entry was originally published on Líder Empresarial.
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