Nissan Motor announced its results for the first half of fiscal 2026. Global sales showed signs of holding steady and recovering, while the effects of structural reforms and progress under Re:Nissan supported improved profitability, it was reported.
Nissan Motor announced its results for the first half of fiscal 2026 on 11 November 2026. Despite continued challenging market conditions in the first half, the company said it had advanced cost reductions and improved earnings capacity through the Re:Nissan initiative, strengthening the resilience of its business. Global sales were 1.41 million units, consolidated sales were ¥6.072 trillion, up approximately ¥493.3 billion year on year, operating profit was ¥80.0 billion and net loss was ¥39.7 billion. Net cash in the automotive business was approximately ¥800 billion, while cash and cash equivalents stood at ¥2.2 trillion, maintaining a high level of liquidity.
For its joint venture in China, the financial results for the same period, including the impact of applying the equity method, were sales of ¥6.072 trillion, operating profit of ¥80.0 billion, ordinary profit of ¥36.0 billion and net loss of ¥39.7 billion. For the three months of the second quarter, sales were ¥3.1078 trillion, operating profit was ¥2.1 billion and net loss was ¥43.5 billion. The average exchange rates were ¥159 to the US dollar and ¥183 to the euro.
Nissan indicated a policy of targeting operating profit of ¥120.0 billion in the second half and at least ¥200.0 billion for the full year, aiming to improve earnings through new vehicle launches and an improved product mix. Progress under Re:Nissan is continuing, with sales in the United States and Japan expected to remain strong, while the launches of the new Elgrand and Kicks are expected to contribute in Japan. In China, sluggish demand and intensifying competition in the shift to NEVs remain challenges, but the company said it was responding by optimizing gasoline-vehicle production and expanding its NEV lineup.