Nissan Motor Co., Ltd. announced its Nissan financial results for the first quarter of fiscal year 2026, showing a return to profitability. The company recorded consolidated net revenue of ¥2.964 trillion for the three months ended June 30, 2026, representing an increase of ¥257 billion compared to the previous year.
First-Quarter Financial Performance
During the first quarter, global sales reached 701,000 units. Consolidated operating profit returned to positive territory at ¥77.9 billion, which is an improvement of ¥157 billion year-on-year. This growth was driven by manufacturing cost reductions, favorable foreign exchange rates, and disciplined cost management.
Net income also returned to positive territory at ¥3.8 billion, showing an improvement of ¥119.5 billion. These positive figures reflect the ongoing execution of the Re:Nissan plan, which delivered ¥60 billion in savings during this quarter.
Regional Market Performance
In the United States, retail sales grew by nearly 10 percent during the quarter, marking 16 consecutive months of year-over-year growth. Meanwhile, the Japanese market showed signs of recovery with cumulative orders for the Kicks reaching 11,000 units and the Elgrand reaching 8,000 units.
In China, the company is executing a strategy to rebalance its operations through inventory management and accelerating its new energy vehicle lineup. This lineup includes the N6, N7, NX8, and Frontier Pro models to build a foundation for growth from 2027 onward.
Executive Commentary on Nissan financial results
“The environment remains challenging, particularly in China and the Middle East, but our direction is clear. We are managing disruption where it exists, building momentum where we see opportunity, and executing Re:Nissan with discipline and urgency.”
Espinosa, CEO
The executive stated that the company remains focused on creating value for customers, improving profitability, and increasing free cash flow. Furthermore, the company is adapting its strategies to changing market conditions to improve its overall cost structure.
Revised Sales Outlook and Future Plans
Due to a challenging business environment in China, the company revised its full-year sales volume outlook from 3.3 million units to 3.15 million units. However, performance in other key markets remains aligned with the original full-year ambitions.
Despite these external headwinds, the company reaffirmed its overall Nissan financial results outlook for the full fiscal year 2026. This stability is supported by ongoing cost-reduction initiatives and actions to strengthen competitiveness across key global markets.
The company continues to monitor rising raw material costs and geopolitical uncertainty in the Middle East. Nevertheless, favorable foreign exchange rates and one-time gains from the first quarter are expected to mitigate these challenges.
