Nissan Motor announced a major asset restructuring move involving the sale and leaseback of its global headquarters in Yokohama. The asset restructuring move marks a significant financial step for the automaker as it continues streamlining efforts under its multiyear business overhaul.
The company confirmed a 97 billion yen transaction covering land and buildings at its waterfront campus. Nissan expects approximately 73.9 billion yen in extraordinary income from the deal during the fiscal year ending March 2026. Executives said the arrangement will strengthen liquidity while allowing uninterrupted use of the facility.
The trust beneficiary rights were purchased by an entity known as MJI Godo Kaisha. Nissan then signed a 20-year lease agreement with Mizuho Trust & Banking to retain operational control of the property. The company declined to disclose future lease payments because of buyer confidentiality requirements.
Meanwhile, industry sources highlighted external involvement from international investors. A special-purpose firm backed by Hong Kong-listed Minth Group and led by a KKR subsidiary reportedly secured the real estate assets for about 90 billion yen. Analysts said global investor participation underscores strong interest in high-grade Japanese commercial properties.
Market observers noted that Nissan has pursued several financial adjustments as it continues restructuring following years of revenue pressure. They explained that automakers increasingly use real estate divestments to free capital for electric vehicle development and supply-chain modernization. Nissan’s decision aligns with broader sector trends emphasizing financial flexibility.
The automaker will release its half-year earnings later today, which has heightened attention on the timing of the transaction. Investors expect the extraordinary income to bolster short-term financial indicators, although analysts will focus on core operating performance. Many believe the move reflects a cautious strategy to reinforce the balance sheet before intensifying EV investments.
Furthermore, local business groups said the long-term leaseback agreement ensures continuity for thousands of employees based at the Yokohama site. They also stressed that the relocation-free structure avoids operational disruption while achieving capital gains.
Financial experts said the asset restructuring move will likely be watched closely across Japan’s automotive sector. They added that similar transactions may follow as companies adapt to shifting technology demands and global competition. Nissan has not disclosed future real estate plans, but executives indicated that additional portfolio reviews remain possible under the ongoing transformation program.
