Recognition of impairment losses
NISSAN MOTOR CO.,LTD. (the Company), the Company Group, and affiliates with negative net assets
Operating assets held by the Company Group, asset groups showing indications of impairment, idle assets not expected to be used in the future, and assets expected to be disposed of
Impairment assessments were conducted for asset groups showing indications of impairment, idle assets not expected to be used in the future, and assets expected to be disposed of based on the Company's decisions, among other assets. For affiliates, the cause was deterioration in their financial condition and other factors.
Consolidated financial statements: impairment loss on operating assets of ¥240,122 million (extraordinary loss). Separate financial statements: impairment loss of ¥67,062 million (extraordinary loss), provision for allowance for doubtful accounts of ¥131,878 million (non-operating expense), and provision for losses on the businesses of affiliates of ¥134,929 million (extraordinary loss). The provision for allowance for doubtful accounts and the provision for losses on the businesses of affiliates recorded in the separate financial statements are eliminated in the consolidated financial statements and have no impact on consolidated profit or loss.
Fiscal year ending March 2026
Reflected in the “Summary of Financial Results for the Fiscal Year Ending March 2026 under Japanese GAAP (Consolidated)” released today. Revision of the earnings forecast: Not disclosed.
The amounts will be recorded in the consolidated and separate financial statements for the fiscal year ending March 2026, with certain provisions recorded in the separate financial statements eliminated in the consolidated financial statements. They will be reflected in the summary of financial results released today.
| Item | Details |
|---|---|
| Event name | Recognition of impairment losses |
| Date of occurrence | As of the end of the fiscal year ending March 2026 (specific calendar date: Not disclosed) |
| Subject Entity | NISSAN MOTOR CO.,LTD. (the Company), the Company Group, and affiliates with negative net assets |
| Target Locations / Products | Operating assets held by the Company Group, asset groups showing indications of impairment, idle assets not expected to be used in the future, and assets expected to be disposed of |
| Cause | Impairment assessments were conducted for asset groups showing indications of impairment, idle assets not expected to be used in the future, and assets expected to be disposed of based on the Company's decisions, among other assets. For affiliates, the cause was deterioration in their financial condition and other factors. |
| Amount of Impact on Business Performance | Consolidated financial statements: impairment loss on operating assets of ¥240,122 million (extraordinary loss). Separate financial statements: impairment loss of ¥67,062 million (extraordinary loss), provision for allowance for doubtful accounts of ¥131,878 million (non-operating expense), and provision for losses on the businesses of affiliates of ¥134,929 million (extraordinary loss). The provision for allowance for doubtful accounts and the provision for losses on the businesses of affiliates recorded in the separate financial statements are eliminated in the consolidated financial statements and have no impact on consolidated profit or loss. |
| Accounting period in which recognized | Fiscal year ending March 2026 |
| Impact on Earnings Forecast | Reflected in the “Summary of Financial Results for the Fiscal Year Ending March 2026 under Japanese GAAP (Consolidated)” released today. Revision of the earnings forecast: Not disclosed. |
| Outlook | The amounts will be recorded in the consolidated and separate financial statements for the fiscal year ending March 2026, with certain provisions recorded in the separate financial statements eliminated in the consolidated financial statements. They will be reflected in the summary of financial results released today. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Impairment assessments were conducted for asset groups showing indications of impairment, idle assets not expected to be used in the future, and assets expected to be disposed of based on the Company's decisions. Provisions for affiliates were also recorded due to deterioration in their financial condition and other factors.