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Nissan Faces 28.3 Billion Yen Loss Amid Restructuring

2/12/2026

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Story summary
  • Nissan reported a 28.3 billion yen loss for the October–December quarter.
  • Quarterly sales fell 6% to nearly 3 trillion yen.
  • Nissan Chief Executive Ivan Espinosa attributed the losses to restructuring costs and tariff and EV challenges.
  • Espinosa expressed optimism about the new Leaf model and aims for fiscal 2026.
  • Nissan is restructuring, including job cuts and factory closures, with a projected 650 billion yen net loss.