Nissan Motor Co. has agreed to sell its global headquarters in Yokohama for about ¥97 billion ($630 million) to a consortium backed by Minth Group, marking one of the biggest real estate deals in Japan’s automotive sector. The sale-leaseback arrangement allows Nissan to retain operational use of the complex while enhancing liquidity for its turnaround efforts.
Nissan Motor having facing financial challenges, including a net loss of ¥670.9 billion for the fiscal year ending March 2025, Nissan aims to use the proceeds to invest in AI systems, digital transformation, and next-gen mobility technologies. The sale will also support cost-cutting measures, including a planned reduction of 9,000 jobs, or 15% of its global workforce.
Located in Yokohama’s Minato Mirai district since 1975, the headquarters symbolizes Nissan’s rise post-World War II. Minth Group, a supplier for electric vehicles, secured the winning bid after competition.
Following the announcement, Nissan’s shares rose nearly 2% in Tokyo, indicating investor approval of the strategic move. New leadership has hinted at further asset optimization measures, with the transaction expected to close by early 2026, pending regulatory approvals.
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