Troubled Japanese automaker Nissan says it is selling its headquarters building in Yokohama, southwest of Tokyo, for $630 million as part of its revival efforts.
According to the article, they’re selling it for ¥97 billion but will lease it back, so they will post a ¥73.9 billion gain from the sale. But in the first half of 2025, they posted a loss of ¥221.9 billion. So selling their HQ will offset about two months’ worth of losses.
According to the article, they’re selling it for ¥97 billion but will lease it back, so they will post a ¥73.9 billion gain from the sale. But in the first half of 2025, they posted a loss of ¥221.9 billion. So selling their HQ will offset about two months’ worth of losses.