The Japanese carmaker will lease the building and continue to use it as its headquarters as it sold it to Tokyo-based real estate operator MJI Godo Kaisha. The 20-year lease was signed with Mizuho Trust & Banking. Nissan confirms that there is no impact on employees or operations from the move.

MJI Godo is a special purpose trust owned by the Minth Group, a major auto parts maker whose shares are listed in Hong Kong. Nissan didn’t provide the lease payment amount, as the buyer of the property didn’t want it disclosed.

Proceeds from the sale will be reinvested to modernize facilities and support future growth under the Re:Nissan plan.

Apart from the sale of its own global headquarter, Nissan has identified 200 billion yen in potential variable cost savings, driven by thousands of innovative ideas now moving from concept to implementation, ensuring sustainable savings without compromising quality, safety, or performance.

Fixed cost reductions are advancing rapidly. Nissan has delivered over 80 billion yen in the first half and is on track to exceed 150 billion yen by the end of the fiscal year, with confidence that it will surpass its 250-billion-yen target by fiscal year 2026. Six of seven plant site actions are complete, engineering cost-per-hour improvement stands at 12 percent toward a 20 percent goal, alongside significant reductions in parts complexity.

Nissan is now shifting focus to the next phase: redefining its product-market strategy and reinforcing partnerships. Momentum is building with strong recognition for new-generation models like Leaf and Roox, with more launches planned through fiscal 2027.

Ivan Espinosa, Nissan’s president and chief executive, stated: “Our first-half results reflect the challenges we face, yet they confirm that Nissan is firmly on the path to recovery. The second half will bring its own hurdles, but with focus, discipline, and the actions underway, I am confident we will deliver stronger results. Balancing optimism with prudent risk management under Re:Nissan, we are accelerating toward the future—prioritizing new products, key markets, and breakthrough technologies that will define Nissan’s next chapter.”

In the first half, Nissan’s global sales were 1.48 million units and consolidated net revenue totaled 5.6 trillion yen with an operating loss of 27.7 billion yen. The company recorded a net loss of 221.9 billion yen, primarily due to lower income from equity-method companies’ impairments and restructuring costs.

Nissan reported a robust financial position with total liquidity of 3.6 trillion yen, including 2.2 trillion yen in gross cash as of September.

At the same time, Nissan has cut 15 percent of its global work force, or about 20,000 employees. It’s also closing its flagship factory in Oppama, Japan.