NissanNISSAN MOTOR CO., LTD.7201東証プライム輸送用機器FY ending Mar 2026, consolidated, J-GAAP

Nissan FY ending Mar 2026 results

About 90% of Nissan's sales come from Automobile, with Sales financing making up much of the rest.

Out of every ¥100 of sales, about ¥1 is left as operating profit.

Revenue changed -4.9% from the prior year, operating profit -16.9%.

Revenue and profit pattern

Revenue and profit down

Revenue -4.9% · profit -16.9%, calculated from disclosed figures.

Operating leverage: 3.41× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue
-4.9%¥12.6T → ¥12T
Gross profit
-9.1%¥1.69T → ¥1.54T
Operating income
-16.9%¥69.8B → ¥58B
Net income attributable to owners
Loss-¥670.9B → -¥533.1B
Operating cash flow
+5.4%¥753.7B → ¥794.7B
Free cash flow
+36.3%¥220B → ¥299.8B

Results at a glance

  • Nissan sold fewer cars, and revenue slipped from ¥12.6T to ¥12T, a change of -4.9%.
  • Operating income was just ¥58B, a 0.5% margin.
  • The net loss got smaller, though: -¥533.1B, against -¥670.9B a year earlier.
  • Cash from operations rose +5.4% to ¥794.7B.

What drove the change

  • Cost cuts absorbed much of the damage from US tariffs and currency swings.
  • Its share of results from affiliates such as Dongfeng Motor, its Chinese joint venture, turned from a gain into a loss.
  • The net loss narrowed mainly because write-downs on assets were smaller than the year before.
  • The financing arm earned more as it set aside less for bad loans.

Things to watch

  • US tariffs and conflict in the Middle East are shaking up energy prices and parts supply.
  • Price swings in battery metals like lithium and nickel feed straight into costs.
  • Falling behind on electrification or tighter emissions rules would hurt results.

Annual Securities Report, 127th term (2025/04/01-2026/03/31) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report, 127th term (2025/04/01-2026/03/31) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Nissan sells, how much goes where, and how much is kept.

FY ending Mar 2026
Cost of sales
¥87
SG&A
¥12
Operating profit
¥1
Net loss
¥4

Annual margin trends

Gross margin12.8%
FY ending Mar 2021: 13.4%13.4%FY ending Mar 2022: 16.1%16.1%FY ending Mar 2023: 16.2%16.2%FY ending Mar 2024: 16.3%16.3%FY ending Mar 2025: 13.4%13.4%FY ending Mar 2026: 12.8%12.8%FY21FY22FY23FY24FY25FY26
Operating margin0.5%
FY ending Mar 2021: -1.9%-1.9%FY ending Mar 2022: 2.9%2.9%FY ending Mar 2023: 3.6%3.6%FY ending Mar 2024: 4.5%4.5%FY ending Mar 2025: 0.6%0.6%FY ending Mar 2026: 0.5%0.5%FY21FY22FY23FY24FY25FY26
Net margin-4.4%
FY ending Mar 2021: -5.7%-5.7%FY ending Mar 2022: 2.6%2.6%FY ending Mar 2023: 2.1%2.1%FY ending Mar 2024: 3.4%3.4%FY ending Mar 2025: -5.3%-5.3%FY ending Mar 2026: -4.4%-4.4%FY21FY22FY23FY24FY25FY26

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Mar 2026

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (10)
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    有価証券報告書-第127期(2025/04/01-2026/03/31)

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    ID S100LU0G2021-06-29Open
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Extracted from XBRL: 51 / Derived from other figures: 2

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