Nissan revises financial outlook for fiscal year 2025

April 27, 2026

  YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced an update to its full‑year financial outlook for fiscal 2025, which ends on March 31, 2026. The revised outlook reflects an upward adjustment to the forecast announced on February 12, 2026. The revision uplifts operating profit for fiscal year 2025 from the previously forecasted negative 60 billion yen to positive 50 billion yen. The improvement mainly reflects a one time positive impact from changes to U.S. emissions regulations, along with ongoing cost reductions and favorable foreign exchange effects. Net revenue for fiscal year 2025 is expected to reach 12 trillion yen, supported by favorable foreign exchange movements. Net profit is also expected to improve, narrowing the loss from 650 billion yen to 550 billion yen. Automotive free cash flow is expected to be positive in the second half, as planned. Automotive net cash is forecasted to exceed 1 trillion yen at year‑end, reflecting a strong cash position. TSE report basis – China JV equity basis

Yen in billions	Previous FY25 outlook	Revised FY25 outlook	Variance vs previous outlook
Net revenue	11,900	12,000	+100
Operating profit	-60	50	+110
Net income*1	-650	-550	+100

*1：Net income attributable to owners of the parent company.

Nissan will publish full-year results for fiscal 2025 on May 13.

The financial forecast is based on judgements and estimates that have been made using currently available information. By their nature, such financial forecasts are subject to uncertainty and risk. Therefore, the final results may differ from the aforementioned forecast.

To learn more about Nissan’s financial performance, visit https://www.nissan-global.com/EN/IR/FINANCIAL/.

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