Nissan reports that cost-saving initiative is progressing as planned.
Re:Nissan Plan Update: Nissan is committed to achieving positive automotive operating profit and free cash flow by fiscal year 2026, identifying Y200B in potential variable cost savings through innovative ideas and rapid fixed cost reductions.
Financial Progress: The company has already delivered over Y80B in cost reductions in the first half of the fiscal year and is on track to exceed Y150B by year-end, with a goal of surpassing Y250B by fiscal 2026.
Asset Optimization: Nissan is optimizing non-core assets, including a sale and leaseback of its global headquarters in Yokohama, which will not impact employees or operations and will fund modernization efforts.
Product Strategy and Innovation: The company is redefining its product-market strategy and enhancing partnerships, with strong recognition for new-generation models like LEAF and Roox, and plans for more launches through fiscal 2027 to drive sustainable growth.
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