Nissan Reports First Quarterly Profit in Two Years

Nissan Motor reported a net profit of approximately 3.7 billion yen ($24 million) for the April-June quarter, reversing a 115.8 billion yen loss from the same period in 2025. The company attributed this return to profitability to rigorous cost management and increased sales in the United States and Japan. This recovery is supported by the Re:Nissan restructuring plan and the launch of new models, including the Leaf EV, Kicks compact SUV, and Elgrand premium minivan.

Despite the quarterly gain, the company lowered its annual sales projection to 3.15 million vehicles, citing intense competition from electrified vehicles in China. Nissan also faces several operational headwinds, including logistical disruptions in the Middle East caused by the war in Iran and the closure of the Strait of Hormuz, as well as production delays in Kumamoto, Japan, following a magnitude 7.1 earthquake.

In the United States, the automaker continues to manage tariffs imposed by President Donald Trump, which were recently reduced from 27.5% to 15%. Nissan maintains its full-fiscal year profit forecast of 20 billion yen and its target to achieve overall annual profitability for the fiscal year ending March 2027, which would be its first annual profit in three years.