Reports from Japanese media suggest that Nissan could offer its global head office for sale as a means of raising revenue.
As Nissan puts together financial turnaround plans that will see it close seven production sites and cut 11,000 jobs, Japanese media reports the brand’s global headquarters could also be on the line.
The news outlet estimates the Nissan Motors Corporation Global Headquarters site could have a value of $US698 million ($AU1.08 billion).
Nissan first moved to the current head office site in 2009, leaving its former Tokyo head office location, a move prompted by former CEO Carlos Ghosn to reconnect the company with its spiritual home.
At the time of the restructuring announcement, the Yokohama head office was not mentioned as part of the Re:Nissan cost-cutting plan.
The sale is reported to take place before the end of March 2026, aligning with the Japanese financial year.
The sale would join the 670.9 billion Japanese yen ($AU7 billion) of cost savings already announced as Nissan looks to turn around a $AU731 million drop in operating profit over the last financial year.
Kez Casey migrated from behind spare parts counters to writing about cars over ten years ago. Raised by a family of automotive workers, Kez grew up in workshops and panel shops before making the switch to reviews and road tests for The Motor Report, Drive and CarAdvice.
