Nissan’s contribution to Renault Group’s first quarter 2025 earnings

Nissan released today its results for the fourth quarter of fiscal year 2024/2025 (April 1^st, 2024 to March 31^st, 2025).

Nissan’s results, published in Japanese accounting standards, for the fourth quarter of fiscal year 2024/2025 (January 1^st to March 31^st, 2025), after IFRS restatements, have a negative contribution to Renault Group’s first quarter 2025 net income estimated at -€2,204 million¹.

This negative contribution includes impairments and restructuring costs necessary for effective turnaround initiatives communicated by Nissan on April 24, 2025.

As a reminder, following the sales by Renault Group of Nissan shares and the cancellation of the acquired shares as part of the buyback by Nissan, Renault Group's holding position as of today amounts to 35.71% of Nissan's capital (17.05% of Nissan shares are held directly and 18.66% are held in the French trust of which Renault Group is the beneficiary).

About Renault Group
Renault Group is at the forefront of a mobility that is reinventing itself. Strengthened by its alliance with Nissan and Mitsubishi Motors, and its unique expertise in electrification, Renault Group comprises 4 complementary brands - Renault, Dacia, Alpine and Mobilize - offering sustainable and innovative mobility solutions to its customers. Established in 114 countries, the Group has sold 2.265 million vehicles in 2024. It employs more than 98,000 people who embody its Purpose every day, so that mobility brings people closer.

Ready to pursue challenges both on the road and in competition, Renault Group is committed to an ambitious transformation that will generate value. This is centred on the development of new technologies and services, and a new range of even more competitive, balanced, and electrified vehicles. In line with environmental challenges, the Group’s ambition is to achieve carbon neutrality in Europe by 2040.

More information: https://www.renaultgroup.com/en/

1 Based on an average exchange rate of 160.4 yen/euro for the period under review and an interest rate of 35.9% at 31 March 2025.