Nissan has announced the financial results for the first quarter of fiscal year 2026. The focus is on the Re:Nissan plan, which generated additional savings of 60 billion yen in the first quarter and effectively contributed to the improvement of operating profit compared to the same period last year. In particular, consolidated operating profit rose by 157 billion yen compared to the previous year, reaching 77.9 billion yen.
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Nissan consolidates market outlook
Regarding the market, in the quarter the Japanese company recorded global sales of 701,000 units. We have already mentioned the profit, while consolidated revenues stood at 2.964 trillion yen, an increase of 257 billion yen compared to the previous year. This improvement in the figures was enabled by progress in production, reduction in vehicle costs, favorable exchange rate trends, improved sales performance, and strict cost management.
Challenges in the Chinese market
Looking ahead to the rest of the year, Nissan has revised downward its sales volume forecast for the entire fiscal year 2026, lowering it from 3.3 million to 3.15 million units. The volume forecasts were mainly revised to reflect market conditions in China, while outside the Asian country the expected volumes are growing compared to the previous year. The Japanese giant’s forecasts for fiscal year 2026 take into account unfavorable external factors, including rising raw material costs and geopolitical uncertainty in the Middle East, but also opportunities arising from favorable exchange rate trends, extraordinary income realized in the first quarter, and other mitigating factors.
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