Overview

• Nissan has announced plans to eliminate over 19,000 jobs globally, representing 15% of its workforce, as part of its restructuring strategy.
• The company forecasts a record net loss of ¥700–750 billion for fiscal 2024–25, driven by impairments and restructuring costs.
• Sales in China plunged by 27% in early 2025, while U.S. operations face challenges from a 25% tariff on imported vehicles imposed in April.
• Nissan has canceled a $1.1 billion battery plant project in Kyushu and plans to close an assembly plant in Thailand by next month.
• Credit rating agencies have downgraded Nissan’s debt to speculative, citing high leverage and aging vehicle models, prompting an urgent search for strategic partners.