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Money-losing Japanese automaker Nissan is selling its headquarters building to gain cash
Nissan will record 73.9 billion yen in gains and use proceeds to fund AI and digital upgrades amid its business restructuring and turnaround efforts.
- On Thursday, November 6, 2025, Nissan Motor Co. concluded a 97 billion yen sale-and-leaseback of its Yokohama, Japan headquarters, continuing to occupy the building under lease.
- Nissan, hit by a large fiscal-year loss, is cutting 15% of its global workforce, about 20,000 employees, under new CEO Ivan Espinosa who took the helm earlier this year.
- Nissan said the lease payment amount was not disclosed, and MJI Godo Kaisha bought the trust beneficiary rights while signing a 20-year lease with Mizuho Trust & Banking.
- Nissan expects to book about 73.9 billion yen in extraordinary income, and the company said the funds will support internal modernization, including AI-driven systems and digital upgrades.
- The company said the move reflects a disciplined approach to capital efficiency, and Nissan Motor Co. described the sale as unlocking value from non-core assets to support its transformation as it prepared to report half-year earnings for the period through September.
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Automaker Nissan Is Selling Its Headquarters For $630 Million Amid Losses
Nissan Motor Co. will lease the building and continue to use it as its headquarters, while recording 73.9 billion yen ($480 million) as gains from the sale to Tokyo-based real estate operator MJI Godo Kaisha, it said in a statement.
·New Delhi, India
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Nissan Sells, Leases Back Headquarters in $643 Million Deal
TOKYO, Nov 6 (Reuters) - Nissan Motor has concluded a 97 billion yen ($643 million) deal to sell and lease back its global headquarters in Yokohama, Japan, as part of its business restructuring plans, the automaker said on Thursday.
·Japan
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Coverage Details
Total News Sources17
Leaning Left2Leaning Right3Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 33%
C 17%
R 50%
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