YK Almoayyed and Sons, the sole distributor of Nissan vehicles in Bahrain, has announced the global financial results for Nissan Motor for fiscal year 2025.
In a challenging global operating environment marked by inflationary pressure, tariffs, and uneven market performance, Nissan made steady progress under the Re:Nissan plan, strengthening its business foundation and improving operating performance.
For the full year, Nissan delivered positive operating profit of 58.0 billion yen, with a margin of 0.5 per cent driven by disciplined execution and cost control.
Global sales totalled 3.15 million units, and consolidated revenue reached 12 trillion yen. Net income remained negative at 533.1bn yen.
Automotive free cash flow for the full fiscal year was negative at 480.8bn yen. However, performance improved significantly in the second half, with free cash flow turning positive and reaching 112bn yen, indicating early signs of recovery.
As of fiscal year-end, net cash in the automotive business stood at 1.17trn yen. Automotive cash and cash equivalents are 2.2trn yen, and together with 1.4trn yen in loans to sales finance companies, the company is maintaining total liquidity of 3.6trn yen, supporting resilience amid ongoing uncertainty.
In the fourth quarter of fiscal year 2025, consolidated net revenue was 3,429.9bn yen, consolidated operating profit was 68.1bn yen, and operating profit margin was 2pc. Net income in the fourth quarter was negative at 282.9 billion yen.
Looking ahead to FY2026, Nissan expects the business environment to remain challenging, with continued pressure from intensifying competition, foreign exchange fluctuations, inflation, and ongoing geopolitical uncertainties.
Against this backdrop, the company will continue to advance its Re:Nissan initiatives and remains committed to achieving positive automotive operating profit and free cash flow by the end of FY2026, excluding the impact of tariffs.
Based on the above earnings outlook, Nissan does not plan to pay dividends for FY2026.
In fiscal year 2025, the company made steady progress in executing the key initiatives under the Re:Nissan plan across three priorities – reducing cost structure, redefining product and market strategy and reinforcing partnerships.
It has reported strong progress toward the 500-billion-yen cost reduction target, including 200bn yen in fixed cost and 55bn yen in variable cost savings.
Advanced production optimisation, with plans announced to consolidate the global manufacturing footprint from 17 to 10 sites. Execution across seven sites is underway, including production transfers.
In R&D, the company achieved an 18pc reduction in engineering cost per hour, progressing toward the 20pc target without impacting projects.
General and administrative expense reductions continue to progress as planned.
Quality of business improving in the US through retail-driven mix; driving Japan sales through focused launches; and a more targeted NEV-led approach in China, reinforcing disciplined market participation.
Tighter inventory management, more selective channel strategy, and improved marketing precision are strengthening focus, aligning decisions to value, and driving more consistent delivery.
For Nissan, FY2026 marks the transition from building the foundation to delivering a structurally stronger business under Re:Nissan.
Commenting on the financials, the company’s chief executive officer Ivan Espinosa said: “FY2025 marked a year of steady execution under Re:Nissan, where we strengthened our foundation and began to see tangible progress in our financial performance. At the same time, we set our long-term direction with Mobility Intelligence for everyday life. We have moved beyond recovery and are entering a phase of growth.
In FY2026, we will build on this momentum through disciplined cost management and faster product execution, driving sales and profitability as we deliver our Re:Nissan commitments. At the same time, we will continue to evolve the customer experience in line with this vision.”