Corporate Events

Nissan Motor Co., Ltd. unveiled the all-new 2026 LEAF. Completely reimagined with clean, dynamic body lines, the third-generation LEAF combines a sleek profile with an SUV-like stance. Inside, a refined, minimalist cabin is optimized for roominess, comfort and wellbeing to accommodate all of life's journeys. With over 15 years of proven dependability and the customer insights of almost 700,000 global sales, the all-new LEAF builds on the model's DNA of reliable, affordable and attractive EV ownership, delivering strong value for the mass-market. Beyond appealing to EV customers, the all-new LE AF is a compelling option for internal combustion engine buyers. With a substantially increased driving range, faster charging speeds and an array of drive-enhancing technologies, it makes EV ownership easier and more enjoyable. The all-new LEAF will reach U.S. Nissan dealerships in the Fall, with other markets to follow. Numerous Nissan-first features include: New 3-in-1 powertrain with compact integrated motor, inverter and reducer. North American Charging Standard (NACS) port with Plug & Charge functionality added to vehicles in North America; 3D holographic tail lamps; Available dimming panoramic roof with heat shielding. A range of firsts for the LEAF nameplate also include: Liquid cooled lithium-ion batteries with up to 75-kWh usable capacity; Available dual 14.3-inch displays; Available Google built-in2, including Google Maps; Wireless Apple CarPlay®? and wireless Android Auto™? Flush door handles; Available 19-inch wheels; Available 64-color ambient interior lighting; 3D Intelligent Around View®? Monitor; Invisible Hood View3 and Front Wide View3; Available Bose®? Plus premium audio. The all-new Nissan LEAF will be assembled for the U.S. and Canada markets alongside the Ariya at Nissan's Tochigi plant in Japan. For more information on all features and specifications of all grades for the U.S. market, please see the full 2026 Nissan LEAF press kit. For more information on all capabilities for the U.S. markets and commitment to sustainable mobility, visit n Nissanusa.com.

Nissan Motor Co., Ltd. (TSE:7201) Chief Executive Officer Ivan Espinosa said that the company plans to reduce the automaker's stake in French partner Renault SA (ENXTPA:RNO), the Nikkei business newspaper reported on June 16, 2025. Nissan and Renault had said in March they had agreed to reduce their required minimum stake in each other to 10% from 15%. Under their agreement, any share sale has to be coordinated with the other party and includes a right of first-refusal. Selling a 5% stake in Renault would raise about JPY 100 billion ($640 million) at current share prices, funds Nissan plans to use for new vehicle development amid challenging business conditions, the Nikkei said. Nissan currently holds 15% of the French company, according to LSEG data. The news comes as Renault said on Sunday that boss Luca de Meo is leaving the car maker to pursue a role outside the auto industry. "We are bringing down our cross-shareholdings in order to invest in vehicles," the newspaper quoted Espinosa as saying in an interview.

Nissan Motor Co., Ltd. (TSE:7201), facing a huge loan repayment wall next year, is seeking to raise more than ¥1 trillion ($7 billion) from debt and asset sales to keep operations on track, according to internal documents seen by Bloomberg News. The struggling Japanese automaker plans to issue as much as ¥630 billion in convertible securities and bonds, including high-yielding US dollar and euro notes, the documents show. Nissan also plans to take out a £1 billion ($1.4 billion) syndicated loan, guaranteed by UK Export Finance. Nissan operates Britain’s largest automaking hub, in Sunderland.

Nissan Motor Co., Ltd. (TSE:7201) is seeking to sell part of the 15% stake it owns in Renault SA (ENXTPA:RNO) and the equity interest it has in battery maker AESC Group Ltd., as well as plants in South Africa and Mexico. Sale-and-lease-back plans for its Yokohama headquarters, plus properties it owns in the US, are also on the cards. The carmaker’s shares in Tokyo jumped as much as 4.6%, their biggest intraday rise in more than a week, before closing down 0.3%. With Nissan permitted to sell only a third of its Renault stake, that could potentially raise around EUR 690 million ($781 million) at current prices. Representatives for Nissan didn’t immediately respond to a request for comment. A spokesperson at UK Export Finance said in a statement that the organization does “not comment on speculation around specific transactions.

Nissan Motor Co., Ltd. (TSE:7201) is considering selling its headquarters building in Yokohama, south of Tokyo, it was learned on 23 May 2025. The value of the building is believed to exceed JPY 100 billion. The struggling automaker plans to use proceeds from the sale to cover costs associated with its planned closure of seven plants around the world by fiscal 2027. Nissan may continue using the building by concluding a lease contract with the buyer, informed sources said. At a briefing session for analysts on May 13, Nissan Motor President and CEO Ivan Espinosa said that the company could face additional restructuring costs of JPY 60 billion, according to questions and answers from the session that were released on 23 May 2025. Espinosa added that the company plans to cover the additional costs by selling assets, but did not specify which ones.

Nissan Motor Co., Ltd. announced that at the Board of Directors meeting held on May 20, 2025, the Company resolved to propose amendments to the Articles of Incorporation at the 126th Annual General Meeting of Shareholders scheduled to be held on June 24, 2025.

Nissan Motor Co., Ltd., Board Meeting, May 20, 2025. Agenda: To consider resolution to propose amendments to the Articles of Incorporation at the 126th Annual General Meeting of Shareholders scheduled to be held on June 24, 2025.

Nissan Motor Co., Ltd. announced Additionally, Nissan will temporarily pause advanced and post-FY26 product activities to mobilize 3,000 people to focus on cost reduction initiatives. This reprioritization was made possible through the company's swift implementation of a shortened development process that reduces lead time and ensures no delays in product launches. A key aspect of this transformation involves rethinking the supply chain; Nissan will restructure its supplier panel to secure more volume for fewer suppliers, eliminating inefficiencies and challenging legacy standards. Reduction of workforce: Nissan aims to reduce its workforce by a total of 20,000 employees between fiscal years 2024 and 2027, which includes the previously announced reduction of 9,000. This workforce reduction globally covers direct/indirect roles and contractual roles in manufacturing, SG&A and R&D functions. Additionally, Nissan will implement further measures under SG&A, including expanding the scope of shared services and identifying efficiencies in marketing.

Nissan Motor Co., Ltd., Annual General Meeting, Jun 24, 2025.

Nissan Motor Co., Ltd., 2025 Earnings Call, May 13, 2025

Nissan Motor Co., Ltd. Presents at Automate 2025, May-14-2025 11:15 AM. Venue: Huntington Place Convention Center, Detroit, Michigan, United States. Speakers: Cindy Cedeno, Manager, Digital Acceleration/Technical Assistant to VP.

Nissan Motor Co., Ltd., Board Meeting, Apr 24, 2025. Agenda: To forego dividends from surplus with a record date of March 31, 2025.

Nissan Motor Co., Ltd. Presents at Japan IT Week Spring 2025, Apr-24-2025 10:00 AM. Venue: Tokyo, Japan. Speakers: Masashi Matsumoto, Vehicle Production Technology Development Division, Production Technology Research and Development Center.

Nissan Motor Co., Ltd., 2025 Earnings Call, May 13, 2025

Nissan Motor Co., Ltd. announced that they will report fiscal year 2025 results on May 13, 2025

Nissan Motor Co., Ltd., Board Meeting, Mar 31, 2025. Agenda: To consider the transfer shares of its consolidated subsidiary "Renault Nissan Automotive India Private Ltd.(RNAIPL)" to Renault Group B.V. (RG); to consider the outline of the transferee; to consider the outline of the subsidiary to be transferred; to consider the number of shares transferred and amount; and to consider the number Number of shareholding and percentage of voting rights Before / After transfer.

Nissan Motor Co., Ltd. showcased a bold array of new and refreshed models, along with next-generation technologies set to debut in the U.S. and Canada from fiscal year 2025 through fiscal year 27. loaded with innovative features, the new products will play a crucial role in elevating the company's performance, boosting customer loyalty, attracting new buyers, increasing profitability, and promoting sustainable growth. To meet the rising demand for diverse powertrain options, the upcoming lineup will include hybrid technologies (including e-POWER and plug-in hybrids), next-generation electric vehicles (EVs), and advanced internal combustion engines (ICE). Future products for North American market The U.S. and Canada will see more than 10 new and refreshed products in key segments, including next-gen EV and hybrid technology and INFINITI models. In fiscal year25, the U.S. andCanada will be the first markets to launch the all-new Nissan LEAF, joining Ariya in the brand's EV portfolio. For the North American market, a NACS charging port is also integrated - the first time for a Nissan EV - enabling convenient access to the Tesla Supercharger network. The all-new LEAF sits on Nissan's modular CMF-EV platform (which debuted with the Ariya). Today's announcement provides a first glimpse at this new model, with further details to be shared mid-year. A new generation of Nissan's top-selling Sentra compact sedan will be introduced later this year, alongside a refreshed mid-size Pathfinder SUV. The model will be the first to offer Nissan's innovative e-POWER technology to consumers in the U.S. and Canada. INFINITI will launch the all-new QX65 crossover coupe. Then from late fiscal year27, an all-new Nissan EV is scheduled to commence production at Nissan's Canton, Mississippi plant in the U.S. The all-new model will be an adventure-focused SUV. It will be joined in fiscal year28 by a luxury INFINITI EV SUV (inspired by the Vision QXe concept) that pairs the brand's latest Artistry in Motion design language with a suite of technology features. Next-generation e-POWER: For customers seeking a new and refreshed lineup of hybrid technologies, including e-POWER, hybrid technology and INFINIT I models. In fiscal year 2025, the U.S.and Canada will be the first markets to launched the all-new Nissan LE AF, joining Ariya in the company's EV portfolio. For theNorth American market, a NAC S charging port is also integrated - The all-new LEAF sit on Nissan's modular CMF - enabling convenient access to the electric vehicles (which debuted with the Ariy). Today's announcement provides a First glimpse at this new model, With further details to be shared mid theyear. A new generation ofissan's top-selling Sentra Compact sedan will be introduced later thisyear, alongside a refreshed mid-size Pathfinder SUV.

Nissan Motor Co., Ltd. - Special Call

Nissan Motor Co., Ltd. announced changes to its senior management, introducing a significantly renewed leadership line-up to achieve the company's short- and mid-term objectives while positioning it for long-term growth. Effective April 1, the board of directors has approved titles and areas of responsibility for the representative executive officer and executive officers. Ivan Espinosa, currently the chief planning officer, has been appointed as the representative executive officer, president, succeeding Makoto Uchida. Nissan also announced significant changes to its Executive Committee, which will report to Espinosa effective April 1: Guillaume Cartier, chief performance officer and chairperson of the Management Committee for AMIEO, will have an expanded role that includes global marketing and customer experience. Eiichi Akashi, currently corporate vice president (CVP) of the Vehicle Planning and Vehicle Component Engineering Division, will become chief technology officer and executive officer, succeeding Kunio Nakaguro. Teiji Hirata, currently CVP of Vehicle Production Engineering and Development Division, will take on the role of chief monozukuri officer and executive officer, responsible for Manufacturing and Supply Chain Management, succeeding Hideyuki Sakamoto. Jeremy Papin, chief financial officer, is also appointed executive officer. Stephen Ma, chairperson of the Management Committee for China; Mitsuro Antoku, chief quality officer; Jeremy Papin, chief financial officer; and Toru Ihara, chief HR officer; will continue in their current roles. Uchida and Sakamoto will retain their position of director until the annual general meeting of shareholders planned for June. Shohei Yamazaki, chairperson of the Management Committee for Japan-ASEAN, will have an expanded role that includes oversight of affiliate companies. Christian Meunier, chairperson of the Management Committee for the Americas, will continue in his current position. Tatsuzo Tomita, currently the CVP of Product Development No. 2, will continue his responsibilities in R&D and will also take on the additional role of chief of Total Delivered Cost (TdC) Transformation, reporting to Espinosa. Manabu Sakane, currently CVP of Purchasing, will become chief of Strategy Acceleration, reporting to Espinosa. In addition to Nakaguro, Sakamoto and Uchida, the following executives will step down from their current roles on March 31: Asako Hoshino, Chief Brand & Customer Officer and Hideaki Watanabe, Chief Strategy & Corporate Affairs Officer. Name: Ivan Espinosa; Birth date: November 19, 1978. Career profile: Apr. 2024 Chief Planning Officer (Current Position), Global Product Planning, Global Program Management, Motor Sports Business Unit, Corporate MI; Jul. 2023: Senior vice president Global Product Strategy and Product Planning Division, Global Program Management, NISMO, Motor Sports Business Unit. Dec. 2019: Senior vice president Global Product Strategy and Product Planning Division, Global Program Management, NISMO. Apr. 2018: Corporate vice president Global Product Strategy and Product Planning Division. Apr. 2017: Vice president Global Product Strategy and Product Planning Division. Apr. 2016: Program director, D-Segment, Nissan Motor Co., Ltd. Apr. 2014: Vice president, Product Strategy & Planning, Nissan International SA. Apr. 2010: Director, Advanced and Product Planning, Mexico and Latin America, Nissan Mexicana, S.A. De C. V. Apr. 2009: Deputy overseas program director, ASEAN, Nissan Motor (Thailand) Co., Ltd. Jul. 2008: Marketing director and RPM for LCV in ASEAN region, Nissan Motor (Thailand) Co., Ltd. Apr. 2006: General manager, Product Planning & Marketing Fleet /LCV, Nissan Mexicana, S.A. De C. V. Oct. 2003: Product specialist, Product Planning Nissan Mexicana, S.A. De C. V. Feb. 2003: Engineering analyst, Jato Dynamics. May 2001: Director, Adaptacion Int. de Medios, S.A.

Nissan Motor Co., Ltd. announced changes to its senior management, introducing a significantly renewed leadership line-up to achieve the company's short- and mid-term objectives while positioning it for long-term growth. Effective April 1, the board of directors has approved titles and areas of responsibility for the representative executive officer and executive officers. Ivan Espinosa, currently the chief planning officer, has been appointed as the representative executive officer, president, and CEO, succeeding Makoto Uchida. Responsibilities, name and brief personal record of Representative Executive Officer: Name: Ivan Espinosa, Birth date: November 19, 1978, Career profile: April 2024 Chief Planning Officer (Current Position), Global Product Planning, Global Program, Management, Motor Sports Business Unit, Corporate, MI; July 2023 Senior vice president, Global Product Strategy and Product Planning, Division, Global Program Management, NISMO, Motor Sports Business Unit; December 2019 Senior vice president, Global Product Strategy and Product Planning, Division, Global Program Management, NISMO; April 2018 Corporate vice president, Global Product Strategy and Product Planning, Division; April 2017 Vice president, Global Product Strategy and Product Planning, Division; April 2016 Program director, D-Segment, Nissan Motor Co., Ltd.; April 2014 Vice president, Product Strategy & Planning, Nissan International SA; April 2010 Director, Advanced and Product Planning, Mexico and Latin America, Nissan Mexicana, S.A. De C. V.; April 2009 Deputy overseas program director, ASEAN, Nissan Motor (Thailand) Co., Ltd.; July 2008 Marketing director and RPM for LCV in ASEAN region, Nissan Motor (Thailand) Co., Ltd.; April 2006 General manager, Product Planning & Marketing Fleet /LCV, Nissan Mexicana, S.A. De C. V.; October 2003 Product specialist, Product Planning Nissan Mexicana, S.A. De C. V.; February 2003 Engineering analyst, Jato Dynamics and May 2001 Director, Adaptacion Int. de Medios, S.A. Number of Shares of the Company Owned: 40,400 shares (As of February 28, 2025).

Nissan Motor Co., Ltd., Board Meeting, Mar 11, 2025. Agenda: To consider Reason for appointment; to consider Responsibilities and names of related Representative Executive Officer; to consider Responsibilities, name and brief personal record of Representative Executive Officer; and to consider Effective Date April 1st, 2025.

A high level Japanese group which includes former Prime Minister Yoshihide Suga has set up plans for Elon Musk's Tesla, Inc. (NasdaqGS:TSLA) to invest in Nissan Motor Co., Ltd. (TSE:7201), reported Financial Times. The new proposal is being led by former Tesla board member Hiro Izumi and is being supported by former PM along with his former aide Hiroto Izumi. The group reportedly believes that Tesla will like to be a strategic investor in Nissan since the EV maker is interested in acquiring the company's plans in the US. The Tesla plans come shortly after the $58 billion merger proposal between Nissan and Honda fell through over fears that the Japanese carmaker could fall into potentially foreign hands.

Nissan Motor Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expected net sales of JPY 12,500,000 million as compared to previous guidance of JPY 12,700,000 million; Operating profit of JPY 120,000 million as compared to previous guidance of JPY 150,000 million; Net Loss attributable to owners of parent of JPY 80,000 million and Net loss per share of JPY 22.31. Reason for revision is As of November 7, 2024, the forecast for consolidated financial results for the fiscal year ending March 2025 indicated that the net income attributable to owners of parent was undecided. However, the Net income forecast for FY24 includes the current initial estimate of approximately 100 billion for re-structuring costs, which is expected to be finalized in the fourth quarter. The company has also made adjustments to reflect the latest outlook for Net sales and Operating profit.

Honda Motor Co., Ltd. (TSE:7267) will resume talks with Nissan Motor Co., Ltd. (TSE:7201) to form the world's fourth-biggest automaker provided Nissan CEO Makoto Uchida steps down, the Financial Times reported, citing a person familiar with discussions. Japan's second- and third-largest automakers by sales after Toyota Motor (7203.T), had been in talks to create a $60 billion firm after a lack of hybrid models in the U.S. and competition from local rivals in China had sent Nissan's earnings diving. Those talks collapsed last week, plunging Nissan into further uncertainty and highlighting the pressure on legacy automakers, particularly from emerging Chinese giants disrupting the industry. Nissan declined to comment to Reuters on the FT report. Honda said the report was not something it had announced. Uchida has been under pressure to turn Nissan around after years of faltering sales and management turmoil left the company a diminished force. Reuters reported in December that subsequent months would be critical for Uchida and Nissan's future. Merger talks with Honda unravelled in a little more than a month due to Nissan's pride and insufficient alarm about its predicament, as well as Honda's proposal to make its smaller peer a subsidiary, sources previously told Reuters. The FT reported that Honda is willing to revive negotiations with a Nissan boss who can more effectively manage internal opposition. Honda CEO Toshihiro Mibe last week said his company had no plan to launch a hostile takeover bid for Nissan. Nissan has been working on a turnaround programme under which it plans to reduce its workforce by 9,000 people and global manufacturing capacity by 20%. It said on Thursday it would provide an update on the programme within a month. Uchida has expressed his intention to stay until 2026, but is facing pressure to step down in coming months from board members and French partner Renault (RENA.PA), following the failure of negotiations with Honda, the FT reported. Nissan's board of directors has also started informal discussions regarding the timing of Uchida's departure, the FT reported.

Honda Motor Co., Ltd. and Nissan Motor Co., Ltd., agreed to terminate the Memorandum of Understanding (the "MoU") regarding the consideration of the Business Integration of the Companies (the "Business Integration"), signed on December 23rd, 2024 by the Companies, and discontinue the discussion and consideration of the Business Integration. Since signing the MoU, the management teams of the Companies, including the chief executive officers, have discussed and considered the market environment surrounding the Companies, the purpose of the Business Integration, and the management strategies and structures after the Business Integration. Furthermore, considering the importance of the Business Integration, the Companies have carefully consulted with stakeholders of each. In the course of the discussions between the Companies, various options were considered regarding the structure of Business Integration, including Honda's proposal to change the scheme of Business Integration to a stock swap, which would make Nissan a wholly owned subsidiary of Honda, from a transition to a joint holding company structure in which Honda nominates a majority of the directors and the president through a joint share transfer, which was the premise of the MoU. As a result of these discussions, the Companies decided to discontinue the discussions and consideration of the Business Integration based on the conclusion that it would be appropriate to refrain the implementation of the Business Integration by prioritizing the speed of decision making and execution of business measures in response to changes in the rapidly changing market environment in the era of vehicles electrification. Going forward, the Companies will collaborate within the framework of a strategic partnership aimed at the era of intelligence and electrified vehicles, striving to create new value and maximize the corporate value of the Companies.

Nissan Motor Co., Ltd. (TSE:7201) signed Memorandum of Understanding to acquire Honda Motor Co., Ltd. (TSE:7267) from a group of shareholders on December 23, 2024. In case of termination of transaction, both party will pay a termination fee of ¥100 billion. The transaction has been approved by the board of Honda Motor Co., Ltd. and Nissan Motor Co., Ltd. and is pending there shareholders approval and is expected to complete in August 2026. As of February 5, 2025, Nissan Motor rejected media reports claiming it has withdrawn a basic agreement for its merger with manufacturer Honda Motor. Nissan clarified that it is still in discussions with Honda. Nissan and the Company are in the stage of advancing various discussions, including the contents of the report, and plan to establish a direction and make an announcement around mid-February, 2025. Mizuho Securities Co., Ltd. and BofA Securities, Inc. acted as financial advisor to Nissan Motor Co., Ltd. whereas Nomura Securities Co., Ltd. acted as financial advisor to Honda Motor Co., Ltd. Masahisa Ikeda, Toshiro Mochizuki, Harold Primm, and Yukiko Nakazawa of Allen Overy Shearman Sterling LLP acted as legal advisor to Honda Motor Co., Ltd. Nissan Motor Co., Ltd. (TSE:7201) cancelled the acquisition of Honda Motor Co., Ltd. (TSE:7267) from a group of shareholders on February 13, 2025.

Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation agreed to terminate their MoU regarding the consideration of the structure for a tripartite collaboration, in light of the termination of the MoU signed on December 23rd last year regarding the consideration of a business integration between Nissan and Honda. Going forward, the three companies will collaborate within the framework of a strategic partnership aimed at the era of intelligence and electrified vehicles. This framework was established with the MoU signed on August 1st last year, striving to create new value and maximize the corporate value of each company.

Nissan Motor Co., Ltd., Q3 2025 Earnings Call, Feb 13, 2025

Renault SA (ENXTPA:RNO) has reactivated talks with Taiwanese iPhone contract manufacturer Foxconn (Hon Hai Precision Industry Co., Ltd. (TWSE:2317)) regarding its stake in Nissan (Nissan Motor Co., Ltd. (TSE:7201)) following the collapse of merger talks between the Japanese carmaker and its rival Honda. Renault’s move to launch its own search for new investors came on the back of concerns that it would be left with depressed shares in Nissan, with the Japanese group lacking a new partner, according to people with knowledge of the situation. The search will be expansive with approaches to be made to technology groups worldwide including Apple, they added. Renault has been reducing its stake in Nissan following a restructuring of the carmakers’ 25-year alliance in 2023. At present, it holds a 36% stake in Nissan, including a remaining 18.7% held in a French trust that it wants to offload. Jun Seki, chief strategy officer for Foxconn’s electric vehicle division and a former Nissan executive, met Renault’s chief executive Luca De Meo in December for talks about acquiring the shares held in the trust, triggering panic within Nissan and frantic negotiations with rival Honda that fell apart earlier this week. “There is no need to defend against Foxconn. They should at least be considered [as a potential partner],” said one person close to the discussions. In a statement, Renault said it was “assessing all options” and that it would “vigorously defend” the interests of the group and its stakeholders. “Today, the priority is Nissan’s turnaround,” it added. Shares in Nissan rose more than 7% on February 7, 2025 following a media report that Foxconn’s chair Young Liu instructed Seki to connect with Renault. Foxconn did not immediately respond to a request for comment. Nissan declined to comment. But even if Renault is open to selling its shares in Nissan, the Japanese group has the first right of refusal so it would be difficult for the sale to materialise without its agreement. One banker involved in automotive deals said Renault “wanted to play an active role in the situation”, adding that it was torn between the idea of selling and recouping cash or remaining involved with Nissan. “They are not in a rush,” he said. Nissan is also conducting its own search for a strategic partner in the tech industry after its board decided to end talks with Honda to create the world’s fourth-largest carmaker. The discussions fell apart after Honda demanded that Nissan accept a new offer to become a fully owned subsidiary, deviating from the initially agreed structure of a joint holding company.

Hon Hai Precision Industry Co., Ltd. (TWSE:2317) plans to collaborate with Nissan Motor Co., Ltd. (TSE:7201) rather than acquire the Japanese automaker, Chairman Young Liu said on 12 February 2025. Nissan and Honda Motor Co. are among several companies Hon Hai has contacted about possible collaboration, Liu told reporters at the Taiwanese company's headquarters in New Taipei City, according to Taiwanese broadcaster TVBS. The comments by Liu come as the two Japanese automakers are expected to terminate their merger talks. Liu said his company would not produce Hon Hai brand cars but provide contract services for vehicle design and manufacturing. He said that Hon Hai has held talks with French automaker Renault SA (ENXTPA:RNO) to buy its stake in Nissan, adding that the talks have focused on collaboration rather than acquiring Nissan shares.

Nissan Motor Co., Ltd. (TSE:7201) is prepared to reject an acquisition offer that would make it a subsidiary of Honda Motor Co., Ltd. (TSE:7267), according to a person familiar with the matter, a move that could jeopardize talks between the two carmakers to join forces. The Yokohama-based company plans to convene a board meeting as soon as February 5, 2025 afternoon, where it will likely vote down Honda’s proposal to buy Nissan’s shares and make it a subsidiary, said the person. The Japanese automakers have been in discussions for weeks on a combination that would effectively result in an acquisition of Nissan, as Honda’s $47 billion valuation is nearly five times higher. The board’s final decision could still be in flux as some senior officials at Nissan support the Honda offer, the person said. The two companies may end their talks after slow progress in board meetings each has planned, Japan’s Asahi newspaper reported earlier, citing unidentified sources.

Nissan Motor Co., Ltd. Presents at 10th Annual Charlotte C-Level Technology Leadership Summit, Nov-11-2024 . Venue: North Carolina, North Carolina, United States. Speakers: Lalit Thakur, Chief Data & Analytics Officer.

Mitsubishi Motors Corporation (TSE:7211) a junior partner of Nissan Motor, is considering not joining a planned merger between Nissan Motor Co., Ltd. (TSE:7201) and Honda Motor Co., Ltd. (TSE:7267), sources told Reuters. Mitsubishi Motors plans to remain listed while continuing its cooperative relationship with both companies, three sources said on condition of anonymity because they were not authorised to speak about the matter publicly. In a statement, Mitsubishi Motors said there had been media reports on the way it intends to participate in the business integration framework that Honda and Nissan are considering, but the reports were not based on information announced by the company. It added it was considering various possibilities at this stage, and its direction had not yet been decided. The Yomiuri newspaper reported earlier on January 24, 2025 that Mitsubishi Motors was considering not joining the planned tie-up on concerns that it would be difficult for it to affect management decisions of the joint holding company given its relatively small size. When asked about Yomiuri's report, spokespeople for Nissan and Honda referred to Mitsubishi Motors' statement, without commenting further.

Nissan Motor Co., Ltd., Q3 2025 Earnings Call, Feb 13, 2025

Nissan Motor Co., Ltd. announced that they will report Q3, 2025 results on Feb 13, 2025

Nissan Motor Co., Ltd. expected to report Fiscal Year 2025 results on May 9, 2025. This event was calculated by S&P Global (Created on January 5, 2025).

Honda Motor Co., Ltd. and Nissan Motor Co., Ltd. have agreed to begin discussions and consideration toward a business integration and have resolved at the boards of directors of each of the Companies to sign a memorandum of understanding regarding the consideration of the Business Integration, which has been duly executed. As the Companies engage in their respective businesses to address social challenges, it is essential to strengthen areas such as environmental technologies, electrification technologies, and software development to further accelerate their efforts toward achieving a carbon-neutral society and a zero-traffic fatalities society, the Companies signed a memorandum of understanding on March 15, 2024 regarding a strategic partnership for the era of vehicle intelligence and electrification. Furthermore, on August 1, 2024 the Companies signed a further memorandum of understanding to deepen the framework of the strategic partnership. The Companies also announced that they had agreed to carry out joint research in fundamental technologies in the area of platforms for next- generation software-defined vehicles (SDVs), particularly in the areas crucial for intelligence and electrification, to advance focused discussions toward more concrete collaboration. Throughout the process, the Companies have engaged in discussions in consideration of various possibilities and options. At the same time, the business environment for the Companies and the wider automotive industry has rapidly changed and the speed of technological innovation has continued to accelerate. Purpose of the Business Integration: If the Business Integration can be realized, the Companies can aim to integrate their respective management resources such as knowledge, human resources, and technologies; create deeper synergies; enhance the ability to respond to market changes; and expect to improve mid- to long- term corporate value. Additionally, the Companies can aim to further contribute to the development of Japan's industrial base as a "leading global mobility company" by integrating the Companies' four- wheel-vehicle and Honda's motorcycle and power products businesses as well as other businesses, including aircraft, continue to make the brands of the Companies more attractive and deliver more attractive and innovative products and services to customers worldwide. Potential Synergies from the Business Integration: The Companies will aim to become a world-class mobility company with sales revenue exceeding JPY 30 trillion and an operating profit of more than JPY 3 trillion by swiftly realizing synergy effects between the Companies resulting from the Business Integration. The potential synergies expected at this stage are as follows. Going forward, the Companies will examine and analyze more specific synergies based on discussions within the integration preparatory committee to be established by the Companies and the results of due diligence to be conducted in the future. Scale Advantages by Standardizing Vehicle Platforms: By standardizing the vehicle platforms of the Companies across various product segments, the Companies expect to create stronger products, reduce costs, enhance development efficiencies, and improve investment efficiencies through standardized production processes. The integration is projected to increase sales and operational volumes, allowing the Companies to reduce development costs per vehicle, including for future digital services, while maximizing profits. By accelerating the mutual complementation of their global vehicle offerings - including ICE (internal combustion engine), HEV (hybrid), PHEV (plug-in hybrid), and EV (electric vehicles) models - the Companies will be better positioned to meet diverse customer needs around the world and deliver optimal products, leading to improved customer satisfaction. Enhancement of Development Capabilities and Cost Synergies through the Integration of R&D Functions: The Companies have started joint research in fundamental technologies in the area of vehicle platforms for next-generation SDVs, which is the cornerstone of the field of intelligence. The Companies are progressing efforts towards standardizing specifications and mutual supply of key components such as batteries, which are crucial for EVs, and e- Axle, which is expected to be equipped in next-generation EVs. After the realization of Business Integration, the Companies will encompass more integrated collaboration across all R&D functions, including fundamental research and vehicle application technology research. This approach is expected to enable the Companies to efficiently and swiftly enhance their technological expertise, achieving both improvements in development capabilities and reductions in development costs through the integration of overlapping functions. Optimizing Manufacturing System and Facilities: The Companies anticipate that optimizing their manufacturing plants and energy service facilities, combined with improved collaboration through the shared use of production lines, will result in a substantial improvement in capacity utilization leading to a decrease in fixed costs. Strengthening Competitiveness Advantage across the Supply Chain through the Integration of Purchasing Functions: To fully leverage the synergies from optimizing development and production capacity, the Companies intend to boost their competitiveness by improving and streamlining purchasing operations and source common parts from the same the supply chain and in collaboration with business partners. The Companies plan to establish, through a joint share transfer, a joint holding company that will be the parent company of both companies. This will be subject to approval at each company's general meeting of shareholders and obtaining necessary approvals from relevant authorities for the Business Integration, based on the result of the consideration of the Business Integration and the premise that Nissan's turnaround actions are steadily executed. The Companies will be fully owned subsidiaries of the joint holding company. However, should any procedural necessities arise regarding the Share Transfer or for any other reasons, the Companies may consult and agree to modify the above structure in the future. Shares of the newly established joint holding company under consideration are planned to be newly listed (technical listing) on the Prime Market of the Tokyo Stock Exchange ("TSE"). The listing is scheduled for August 2026. In addition, the Share Transfer will result in the Companies becoming wholly-owned subsidiaries of the joint holding company, and therefore the Companies will become wholly owned subsidiaries of the joint holding company and will be scheduled to be delisted from the TSE. However, shareholders of the Companies will continue to be able to trade shares of the joint holding company issued during this share transfer on the TSE.

Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors' participation, involvement, and synergy sharing in relation to the business integration through the establishment of a joint holding company outlined in an MOU signed between Nissan and Honda. Nissan, Honda, and Mitsubishi Motors have reached a basic agreement to proceed with discussions based on the framework established in the MOU signed by Nissan and Honda on August 1 regarding the commencement of a strategic partnership focused on intelligence and electrification. Mitsubishi Motors has been participating in this framework, and the three companies have been proceeding with discussions. Following the agreement between Nissan and Honda to start consideration toward a business integration through the establishment of a joint holding company amid the dramatic changes in the environment surrounding both companies and the automotive industry, the three companies have agreed to explore the possibility of achieving synergies at an increased level through Mitsubishi Motors' participation or involvement in the business integration. Mitsubishi Motors aims to reach its conclusion by the end of January 2025 on the participation or involvement in the business integration between Nissan and Honda.

Nissan Motor Co., Ltd. announced that they will report November, 2024 sales/trading statement results on Dec 25, 2024

Joint Press Conference

Honda Motor Co., Ltd. (TSE:7267) and Nissan Motor Co., Ltd. (TSE:7201) took their first historic steps toward merging and creating a new force in the world’s automotive industry as aggressive competition from China forces legacy carmakers to rethink their business models. The two Japanese auto manufacturers signed a basic agreement for merger talks on December 23, 2024, according to a joint media briefing in Tokyo. Honda also said it will buy back as much as ¥1.1 trillion ($7 billion) of its own shares. A holding company will be created to house the new entity and should be listed by August 2026, they said, adding that Honda will be able to nominate a majority of directors of the holding company. Mitsubishi Motors Corporation (TSE:7211), which is 24.5% owned by Nissan, also signed the memorandum of understanding and will be part of the group. Such an alliance would give rise to the world’s third-largest carmaker, pitting the trio against Toyota Motor Corp. at home and Chinese automakers including BYD Co. and Geely Automobile Holdings Ltd. abroad. Toyota has stakes in Subaru Corp., Suzuki Motor Corp. and Mazda Motor Corp., creating a powerhouse of brands backed by its top-notch credit rating. All three Japanese companies are to some degree facing an existential threat brought on by the global automobile industry’s breakneck shift to battery-powered electric vehicles and hybrid drivetrains and away from combustion engine cars. In China, the soaring popularity of locally made EVs has foreign brands fighting for survival, and Japanese carmakers there are stuck with too much capacity. Honda and Nissan have both had to pare back staffing and production, while Mitsubishi Motors Corp. has all but extricated itself from China, the world’s biggest car market. Meanwhile, a rebound in sales of hybrid gas-electric cars in North America has left Nissan on the backfoot while Toyota, a pioneer in hybrid technology, has received a welcome boost. Nissan missed that window of opportunity due to its outdated product lineup that was missing attractive options for hybrids, much less any competitive EVs. For Nissan, the merger with Honda could provide much-needed relief after paltry sales in the US and China triggered a massive drop in revenue, forcing the battered carmaker to cut jobs, slash production capacity and lower its annual profit outlook by 70%.

Nissan Motor Co., Ltd. (TSE:7201) signed Memorandum of Understanding to acquire Honda Motor Co., Ltd. (TSE:7267) from a group of shareholders on December 23, 2024. In case of termination of transaction, both party will pay a termination fee of ¥100 billion. The transaction has been approved by the board of Honda Motor Co., Ltd. and Nissan Motor Co., Ltd. and is pending there shareholders approval and is expected to complete in August 2026. As of February 5, 2025, Nissan Motor rejected media reports claiming it has withdrawn a basic agreement for its merger with manufacturer Honda Motor. Nissan clarified that it is still in discussions with Honda. Nissan and the Company are in the stage of advancing various discussions, including the contents of the report, and plan to establish a direction and make an announcement around mid-February, 2025. Mizuho Securities Co., Ltd. and BofA Securities, Inc. acted as financial advisor to Nissan Motor Co., Ltd. whereas Nomura Securities Co., Ltd. acted as financial advisor to Honda Motor Co., Ltd. Masahisa Ikeda, Toshiro Mochizuki, Harold Primm, and Yukiko Nakazawa of Allen Overy Shearman Sterling LLP acted as legal advisor to Honda Motor Co., Ltd.

Honda Motor Co., Ltd. (TSE:7267) and Nissan Motor Co., Ltd. (TSE:7201) are expected to announce as early as December 23, 2024 the start of their talks on a possible merger, people familiar with the matter said. The two Japanese automakers aim to share the cost of developing electric vehicle and autonomous driving technologies to catch up with U.S. and Chinese rivals. Mitsubishi Motors Corporation (TSE:7211) another Japanese automaker of which Nissan is the largest shareholder, is expected to join the merger talks after the turn of the year. A combination of Honda, Nissan and Mitsubishi will create the world's third-largest auto group with global annual vehicle sales of about eight million units. But Honda and Nissan have a lot of overlap with each other. Both focus on North America and Asia as key markets and target the same customer base as mass-market automakers. There was less overlap in the partnership between Nissan and Renault SA of France, said Jusuke Ikegami, a professor at Waseda University's graduate school and expert on the auto industry's business strategy. "Nissan's main sales areas and areas of expertise were different from those of Renault, but the situation is significantly different regarding its cooperation with Honda," Ikegami said. Honda and Nissan may need to consolidate overlapping areas if they try to maximize synergies from a possible merger. The merger talks may be affected if Nissan, already struggling with weak sales in North America and China, plunges into a deeper slump. A wild card for the talks is Taiwan's Hon Hai Precision Industry Co., which is reportedly interested in acquiring some Nissan shares held by Renault. If Hon Hai becomes a shareholder of Nissan, the merger talks will be complicated.

Honda Motor Co., Ltd. (TSE:7267) and Nissan Motor Co., Ltd. (TSE:7201) are preparing to start negotiations on a possible merger, which ultimately could be expanded to include Mitsubishi Motors Corporation (TSE:7211) Japan’s Nikkei reported. Such a deal would create an automotive rival to Toyota Motor Corp. that would effectively consolidate the Japanese auto industry into two camps. It would also provide Honda and Nissan with more resources to compete with larger peers after downsizing long-held global partnerships with other carmakers: France’s Renault SA for Nissan and General Motors Co. for Honda. The move toward a merger would follow a decision by the two companies earlier this year to work together on electric vehicle batteries and software. At that time, Honda Chief Executive Officer Toshihiro Mibe floated the possibility of a capital tie-up with Nissan. While Honda and Nissan stopped short of confirming December 17, 2024 report, both automakers issued statements that reiterated their previous pledges for further future cooperation. “We will inform our stakeholders of any updates at an appropriate time,” Honda said in its statement. American depositary receipts of Honda and Nissan shares climbed on the report. Nissan ADRs rose 11% and Honda’s gained 0.9% in late New York trading. The two major Japanese carmakers plan to sign a memorandum of understanding to discuss shared equity stakes in a new holding company under which the combined company would operate, the Nikkei said, without citing sources. The merger would help the manufacturers compete against rivals in electric vehicles such as Tesla Inc. and Chinese automakers, it said. It also puts them in a better position to compete at home and abroad with Toyota, the world’s largest automaker. Toyota has taken stakes in Subaru Corp., Suzuki Motor Corp. and Mazda Motor Corp., creating a powerhouse of brands backed by its top-notch credit rating. Honda, Nissan and Mitsubishi combined sold about 4 million vehicles globally in the first six months of the year, well shy of the 5.2 million that Toyota sold on its own. Honda’s valuation stood at JPY 6.8 trillion ($44.4 billion) as of the close of trading in Tokyo on December 17, 2024, well above Nissan’s JPY 1.3 trillion market capitalization. But even their combined value is dwarfed by Toyota’s JPY 42.2 trillion. Honda has long struggled to keep up with bigger capitalized rivals when it comes to investments in new technologies. It recently has shifted gears to boost hybrid gas-electric vehicles even as it spends billions of dollars on all-electric production. Honda’s arms-length partnership with GM has been weakened bit by bit, most recently earlier this month when their self-driving car partnership ended. Meanwhile, GM has strengthened its ties with South Korea’s Hyundai Motor Co. Nissan has partially unwound its complex 25-year strategic partnership with Renault, a fixation of former Chair Carlos Ghosn. Rivalries and mutual suspicion mounted over the years and came to a head when Ghosn openly contemplated a merger, contributing to his downfall. The former chairman and CEO, who has filed a suit against his former company for ousting him in 2018, warned of a “disguised takeover” of Nissan by Honda in an August interview with Automotive News. Nissan also has stepped up restructuring efforts to cope with stalled revenue growth and lower profits. It faces pressure from an activist shareholder and a daunting debt load that has led to speculation in credit markets about its investment grade rating. The reported merger talks come after the Financial Times said last month that Nissan was looking for an anchor investor to replace part of Renault’s equity holding and that it hadn’t ruled out having Honda buy some of its shares.

Nissan Motor Co., Ltd. announced that Stephen Ma, currently chief financial officer (CFO), is appointed as chairperson of the Management Committee for China. He will continue to report to Makoto Uchida, chief executive officer (CEO). With extensive experience and knowledge of China, along with his global leadership background, Ma will focus on shaping the future strategy for the region and enhancing local operations. Jeremie Papin, currently chairperson of the Management Committee for Americas, is appointed as CFO. In this role, he will report to CEO Uchida. Prior to his current role, Papin amassed many years of experience in finance, strategy, and business development within Nissan and the Alliance. Papin also worked more than 10 years in investment banking focusing on the automotive sector. The appointment of a new leadership team, effective January 1, 2025.

Nissan Motor Co., Ltd. announced that Stephen Ma, currently chief financial officer (CFO), is appointed as chairperson of the Management Committee for China. He will continue to report to Makoto Uchida, chief executive officer (CEO). With extensive experience and knowledge of China, along with his global leadership background, Ma will focus on shaping the future strategy for the region and enhancing local operations. Christian Meunier joins Nissan and is appointed as chairperson of the Management Committee for Americas. He will report to Guillaume Cartier, chief performance officer (CPO). Most recently, he served as the CEO for Jeep and was a member of the Executive Committee at Stellantis. Meunier returns to Nissan with a wealth of marketing and sales experience from his previous leadership roles in Nissan US, Canada, Brazil, and global INFINITI. Customer engagement: Asako Hoshino, currently serving as Chief Brand & Customer Officer (CBCO) and Chairperson of the Management Committee for Japan/ASEAN, will retire from her role overseeing Japan/ASEAN operations. She will continue in her capacity as CBCO, where she will focus on enhancing brand and customer experience. Her efforts will be instrumental in ensuring that customer engagement and satisfaction strengthen Nissan's brand presence in the market. Shohei Yamazaki, currently serving as chairperson of the Management Committee for China, has been appointed as chairperson of the Management Committee for Japan/ASEAN. His experience in the highly competitive China market will bring valuable insights to the Japan/ASEAN role to help further strengthen Nissan's presence in the region. In this capacity, he will report directly to CPO Cartier. The appointment of a new leadership team, effective January 1, 2025.

Nissan Motor Co., Ltd. (TSE:7201) is actively seeking a long-term investor to stabilise its operations during a year marked by declining sales and major restructuring. According to a report by The Financial Times, Nissan is targeting institutional investors, such as banks or insurance companies, to replace part of Renault’s shareholding. Nissan is reportedly exploring deeper ties with Honda Motor Co., Ltd. (TSE:7267), including the potential sale of shares to the rival Japanese automaker.

Nissan Motor Co., Ltd. announced that they will report October, 2024 sales/trading statement results on Nov 28, 2024

Nissan Motor Co., Ltd. provided consolidated earnings guidance for the year ending March 31, 2025. For the year, the company expected net sales of JPY 12,700,000 million; Operating profit of JPY 150,000 million.

From November 7, 2024 to November 8, 2024, the company has repurchased 149,028,300 shares, representing 10.02% for ¥68,642.43 million. With this, the company has completed the repurchase of 149,028,300 shares, representing 10.02% for ¥68,642.43 million under the buyback announced on November 7, 2024.

The company closed its plan on November 8, 2024.

Nissan Motor Co., Ltd. expected to report Q3 2025 results on February 7, 2025. This event was calculated by S&P Global (Created on November 7, 2024).

Nissan Motor Co., Ltd., Board Meeting, Nov 07, 2024. Agenda: To consider not to distribute the interim dividend for FY2024 with a record date of September 30, 2024 and to revise FY2024 dividend plan.

Nissan Motor Co., Ltd. announced at the board meeting held on November 7, 2024, approved, not to distribute the interim dividend for fiscal year 2024 with a record date of September 30, 2024. Reasons for revision: The interim dividend for FY2024 was decided not to be distributed based on recent business results. It was changed from the previous dividend plan as undetermined, as announced May 9, 2024. In addition, the Company revised the dividend plan for Year-end as undetermined, based on the revision of consolidated financial forecast for FY2024.

Nissan Motor Co., Ltd. Presents at FWRD, Oct-24-2024 .

Ataccama Corp., FWRD, Oct 24, 2024.

ChargeScape LLC announced that it will receive funds in a round of funding on October 7, 2024. The transaction included participation from new investor Nissan Motor Co., Ltd. post the transaction Nissan Motor Co., Ltd will acquire 25% stake in the company.

Nissan Motor Co., Ltd. announced that they will report first half, 2025 results on Nov 07, 2024

From September 26, 2024 to September 27, 2024, the company has repurchased 195,473,600 shares, representing 5.35% for ¥79,850.97 million. With this, the company has completed the repurchase of 195,473,600 shares, representing 5.35% for ¥79,850.97 million under the buyback announced on September 26, 2024.

The company closed its plan on September 27, 2024.

Nissan Motor Co., Ltd., Board Meeting, Sep 26, 2024. Agenda: To consider the acquisition of own shares.

Nissan Motor Co., Ltd. (TSE:7201) announces a share repurchase program. Under the program, the company will repurchase up to 195,473,600 shares, representing 5.03% of its issued share capital (excluding treasury stock), for a total purchase price of ¥79,850.96 million. The shares will be repurchased at a price of ¥408.50 per share. The purpose of the program is to enhancing shareholder returns and capital efficiency whilst maintaining the necessary financial resources. The repurchased shares will be cancelled. The repurchases will be made from company's net cash position. As of August 31, 2024, the company has 3,887,538,848 issued shares (excluding treasury stock) and 21,933,364 treasury shares.

The Board of Directors of Nissan Motor Co., Ltd. has authorized a buyback plan on September 26, 2024.

Nissan Motor Co., Ltd., Honda Motor Co., Ltd. and Mitsubishi Motors Corporation announced that the three companies have signed a memorandum of understanding to jointly discuss a framework for further intelligence and electrification of automobiles based on the agreement signed by Nissan and Honda on March 15. Nissan and Honda are working to further accelerate initiatives aimed at achieving carbon neutrality and a zero-traffic-accident society. In anticipation of collaboration in areas such as environmental technologies, electrification technologies, and software development, discussions are being conducted on a broad scope. To accelerate this process, it is essential to create new value by integrating the technologies and knowledge cultivated by each company, and to improve business efficiencies. The participation of Mitsubishi Motors in the areas of potential collaboration considered and discussed by Nissan and Honda will not only add new knowledge and strengths but will also provide further synergies that can only be generated by the three companies, as well as new business opportunities.

Nissan Motor Co., Ltd. and Honda Motor Co., Ltd. on August 1, 2024 announced that the two companies have agreed to carry out joint research in fundamental technologies in the area of platforms for next-generation software-defined vehicles (SDVs). This agreement is based on the memorandum of understanding (MOU) signed by the companies on March 15 regarding the commencement of discussions on a strategic partnership for the age of intelligence and electrification. Both companies also on August 1, 2024 signed an MOU on deepening the framework of the strategic partnership, which is being discussed and considered on a broad scope. Nissan and Honda are engaged in specific discussions and deliberations with a view to collaborating in various fields to further accelerate efforts to realize a carbon-neutral and traffic-accident-free society. Both companies are promoting R&D and investment in various technologies to promote the spread and evolution of EVs, especially SDVs, which are the scope of study in the fields of intelligence and electrification. The two companies also believe that the software field, including autonomous driving, connectivity, and AI, which will determine the value of vehicles in the future and become a source of competitiveness, is an area where technological innovation is extremely rapid and where synergies can easily be obtained through the fusion of resources from both companies, such as technological knowledge and human resources. Based on this shared view, Nissan and Honda have entered into a joint research agreement on fundamental technologies for next-generation SDV platform, and are considering the possibility of providing new value through co-creation. The two company’s newly signed MOU is aimed to deepen the strategic partnership to define more specific areas of cooperation and accelerate the realization of the strategic partnership. Going forward, Nissan and Honda will continue to study ways to create further synergies between the two companies and work toward the speedy implementation of specific measures. Next-generation SDV platform: Joint research agreement on fundamental technologies for next-generation SDV platform; The next-generation SDV platform is the cornerstone of the field of intelligence. The two companies have agreed to conduct joint research on fundamental technologies and have begun research; Nissan and Honda aim to complete basic research in approximately one year and based on the results consider the possibility of mass production development. Major areas of cooperation in the MOU on deepening the strategic partnership. Batteries: Batteries are key components of EVs, and the two companies will consider the scope of cooperation from a short-term and medium- to long-term perspective. This includes sharing specifications and mutual supply. Bringing together the battery technologies and assets of both companies will enable offering a wide range of battery options, from high-output to low-cost models, as well as cost reduction effects through investment diversification and risk-hedging, and deliver the advantage of volume; The two companies have reached a basic agreement to commonize the specifications of their battery cell modules for EVs from a medium- to long-term perspective, with the aim of enabling the batteries they plan to procure to be usable in vehicles from both companies. Honda and Nissan will study the supply of lithium-ion batteries for EVs manufactured by L-H Battery Company Inc., a joint venture between Honda and LG Energy Solution, to Nissan in North America after 2028. e-Axles: The two companies have reached a basic agreement to commonize the specifications of their respective e-Axles, over the medium to long term, to be used in the next-generation EVs of both companies. The agreed first step is to share motors and inverters, the core of the e-Axle. Mutual vehicle complementation: With the models to be sold globally by Nissan and Honda, the two companies will consider supplementing models from a short-term to medium- to long-term perspective. For the short-term, Nissan and Honda reached a basic agreement on models and regions to be complemented by each company, and also agreed on the outline of a product review system to be jointly operated by both companies. ICE and EVs are being considered as vehicles for mutual complementation. Energy services and resource circulation in Japan: The two companies also agreed to study the possibility of cooperation in the areas of energy services and resource circulation in Japan, including charging, energy equipment, energy services utilizing batteries, and charging services.

Nissan Motor Co., Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2025. For the year, the company expected net sales of JPY 14,000,000 million as compared to previous guidance of JPY 13,600,000 million; Operating profit of JPY 500,000 million as compared to previous guidance of JPY 600,000 million; Net income attributable to owners of parent of JPY 300,000 million as compared to previous guidance of JPY 380,000 million and Net income per share of JPY 81.95 as compared to previous guidance of JPY 101.60.

Nissan Motor Co., Ltd., ¥ 5.00, Cash Dividend, Sep-27-2024

Nissan Motor Co., Ltd., Q1 2025 Earnings Call, Jul 25, 2024

Nissan Motor Co., Ltd. announced that they will report Q1, 2025 results on Jul 25, 2024