This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Code no.: 7222
FY 2025 Second Quarter (Interim Period)
(Fiscal Year-to-Date)
Financial Results(Fiscal year ending March 31, 2026)
November 2025
FY 2025 Second Quarter (Interim Period) (Fiscal Year-to-Date)
Earnings Results Highlights
Regarding the environment surrounding the Nissan Shatai Group, a situation continued in which close attention was required to indirect effects on the global economy due to trade issues, mainly led by the U.S. In this environment, net sales and income increased due to increased sales of the all-new Patrol and all-new Armada, production of which commenced in the previous consolidated fiscal year and due to improved production efficiency among other factors.
Vehicle sales volume
Increased by 15.4% compared to the same period last year to 73,345 units, mainly due to increased sales of the all-new Patrol and all-new Armada, production of which commenced in the previous consolidated fiscal year.
Net sales
Increased by 26.8％ to 186.1 billion yen due to the impact of the increase in the number of units, among other factors.
Operating income/loss
Improved by 7.8 billion yen to 5.5 billion yen due to improved production efficiency among other factors.
Ordinary income/loss
Improved by 8.0 billion yen to 6.0 billion yen.
Income/loss attributable to owners of parent
Improved by 5.1 billion yen to 3.7 billion yen.
FY 2025 Second Quarter (Interim Period) (Fiscal Year-to-Date)
Financial Performance Highlights
(Million yen)
FY2024 | FY2025 | Variance | FY2025 Forecast | ||
2Q FYTD | 2Q FYTD | ||||
(InterimPeriod) | (Interim Period) | ||||
(2024/4-9) | (2025/4-9） | ||||
Net sales | 146,806 | 186,188 | 39,382 | 26.8% | 398,100 |
Operating income/loss | (2,270) | 5,550 | 7,820 | - | 6,900 |
Ordinary Income/loss | (1,984) | 6,025 | 8,009 | - | 7,000 |
Income/loss attributable to owners of parent | (1,459) | 3,713 | 5,172 | - | 4,400 |
FY 2025 Second Quarter (Interim Period) (Fiscal Year-to-Date)
Sales Breakdown by Product Area
Microbuses
9,316 million yen
5.0%
Light commercial vehicles
32,609 million yen
17.5%
186,188
Million yen
Vehicle parts and
other products 9,766 million yen
5.3%
Passenger vehicles 134,495 million yen
72.2%
FY 2025 Second Quarter (Interim Period) (Fiscal Year-to-Date)
Vehicle Sales Volume
Increased by 15.4% compared to the same period last year to 73,345 units, mainly due to increased sales of the all-new Patrol and all-new Armada, production of which commenced in the previous consolidated fiscal year.
FY2024 2Q FYTD | FY2025 2Q FYTD | Variance | |
Passenger vehicles | 33 | 45 | 37.0% |
Light commercial vehicles | 24 | 23 | -0.7% |
Microbuses | 7 | 5 | -28.1% |
Total | 64 | 73 | 15.4% |
64 73 （Thousand units） (Thousand units)
FY24 2Q FYTD
(Interim Period)
FY25 2Q FYTD
(Interim Period)
FY 2025 Second Quarter (Interim Period) (Fiscal Year-to-Date)
Net Sales
Increased by 26.8％ to 186.1 billion yen due to the impact of the increase in the number of units, among other factors.
146.8
186.1
(Billion yen)
FY24 2Q FYTD
FY25 2Q FYTD
(Interim Period) (Interim Period)
FY 2025 Second Quarter (Interim Period) (Fiscal Year-to-Date)
Operating Income/Loss Ordinary Income/Loss
Operating income improved by 7.8 billion yen to 5.5 billion yen due to improved production efficiency among other factors.
Ordinary income improved by 8.0 billion yen to 6.0 billion yen.
Operating Income/Loss (Billion yen)
(2.3)
5.5
Ordinary Income/Loss (Billion yen)
(2.0)
6.0
FY24 2Q FYTD
FY25 2Q FYTD
FY24 2Q FYTD
FY25 2Q FYTD
(Interim Period) (Interim Period)
(Interim Period)(Interim Period)
FY 2025 Second Quarter (Interim Period) (Fiscal Year-to-Date)
Factors for Operating Income/Loss
3.7
7.8
(Billion yen)
4.1 | Rationalization measures, etc. | |||||||
(2.27) | Vehicle sales | |||||||
volume/ change in model mix | ||||||||
FY24 2Q FYTD
(Interim Period)
FY25 2Q FYTD
(Interim Period)
FY 2025 Second Quarter (Interim Period) (Fiscal Year-to-Date)
Income/loss attributable to owners of parent
Improved by 5.1 billion yen to 3.7 billion yen.
3.7(Billion yen)
(1.4)
FY24 2Q FYTD
(Interim Period)
FY25 2Q FYTD
(Interim Period)
Return to Shareholders
Dividends per share
Plan to pay a fiscal year dividend of 13 yen per share based on the policy of maintaining a stable dividend.
Interim dividend Year-end dividend
13.0
13.0
(yen)
2025/3 2026/3
(Forecasts)