Nissan selling Yokohama HQ

MANILA: Nissan Motor Corporation Limited will be selling its headquarters in Yokohama.

The aforementioned development was detailed in the corporation’s financial report for the first half (H1) of 2025. 

As Nissan further shared, it is now leasing its headquarters, so the sale will not affect its Yokohama-based employees and operations. The proceeds of the sale, meanwhile, will be put into the modernization of other facilities as a part of the Re:Nissan plan. 

The company's did not state in the report to which entity it is selling its headquarters, nor did it disclose the selling price or the cost of the lease payment. 

For those who missed it, the Re:Nissan is the Japanese marque’s plan to recover from its recent financial woes. The primary thrusts of this initiative include cost-cutting, reinforcing partnerships, and improving its product lineup for better marketability. 

As of its latest financial update, Re:Nissan, the company says, has already generated over ¥80 billion (around P38 billion). Six revisions for several “plant sites” are already complete, and engineering cost-per-hour improvement for Nissan stands at 12 percent. A further ¥150 billion (around P57 billion) in potential savings by the end of the fiscal year, as well as 20 percent cost-of-hour improvement, can be generated through its Re:Nissan plan, the company said. 

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Nissan: fiscal report H1 2025

For H1 2025, Nissan reported selling a total of 1.48 million units globally. It likewise posted net revenue of ¥5.6 trillion (P2 trillion), with operational losses of ¥27.7 billion (P10 billion). Net loss, however, clocked in at ¥221.9 billion (P85 billion). Regardless, the Yokohama-based carmaker maintains that it currently has a “robust financial position,” with ¥2.2 trillion (P847 billion) in gross cash as of September 2025. 

“Our first-half results reflect the challenges we fact, yet they confirm that Nissan is firmly on the path to recovery,” Nissan Motor Corporation Limited President Ivan Espinosa said. 

“The second half will bring its own hurdles, but with focus, discipline, and the actions underway, I am confident we will deliver stronger results. Balancing optimism with prudent risk management under Re:Nissan, we are accelerating toward the future - prioritizing new products, key markets, and breakthrough technologies that will define Nissan’s next chapter,” Espinosa added. 

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