Story perspectives

Nissan Ends Loss Streak, Boosts Profit, Cuts China Outlook

8/4/2026

Summary

Story summary

Nissan posted FY2026 Q1 net income of ¥3.761 billion, ending an eight-quarter loss streak.
Operating profit rose to ¥77.9 billion, a ¥157 billion YoY increase, giving a 2.6 % margin.
Revenue hit ¥2.964 trillion as sales fell 0.9 % to 701,000 units.
Nissan cut FY2026 sales outlook to 3.15 million units because of a tougher Chinese market.
CEO Ivan Espinosa said the environment stays challenging, especially in China, pledging focus on value, profitability and cash flow.

History

Historical Context

In 2009 GM sold a 1% stake in Shanghai GM to SAIC, securing a base as China became the world’s top auto producer. The 2022 Tesla price cuts sparked a nationwide price war, forcing over 40 makers—including GM, Nissan and Toyota, which began EV production in Shanghai in 2020—to cut margins, evident in GM’s 5% China sales drop in 2015 and Nissan’s 2026 rebound.

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Story summary

Nissan posted FY2026 Q1 net income of ¥3.761 billion, ending an eight-quarter loss streak.
Operating profit rose to ¥77.9 billion, a ¥157 billion YoY increase, giving a 2.6 % margin.
Revenue hit ¥2.964 trillion as sales fell 0.9 % to 701,000 units.
Nissan cut FY2026 sales outlook to 3.15 million units because of a tougher Chinese market.
CEO Ivan Espinosa said the environment stays challenging, especially in China, pledging focus on value, profitability and cash flow.

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