Overview
- Nissan said it sold the 22-story Yokohama headquarters to MJI Godo Kaisha, a Minth Group-owned special-purpose trust, and will continue to occupy the site under a lease.
- The company expects to book ¥73.9 billion in gains from the transaction, while the lease cost was not disclosed.
- Proceeds will be directed to upgrading internal systems, with an emphasis on accelerating AI-driven and digital tools across operations.
- A separate Japan Times report cited a ¥90 billion price and a KKR-managed purchase vehicle sponsored by Minth, indicating differing accounts of the deal structure.
- The move comes as Nissan confronts deep losses and restructuring, including a ¥670.9 billion annual loss, plans to cut about 20,000 jobs, and the closure of the Oppama plant under CEO Ivan Espinosa.