Nissan May Sell HQ as It Eyes Extra 60 Bil. Yen Restructuring Costs

Nissan Considering Selling Yokohama HQ, Downsizing Tochigi Plant; Move Aims to Fund Massive Global Restructuring

Nissan Motor Co. is considering selling its headquarters building in Yokohama. The firm is also mulling selling part of its plant in Tochigi Prefecture or downsizing its manufacturing capabilities. Nissan is rebuilding its business and the moves are intended to bolster the company’s finances ahead of the restructuring costs tied to closing seven plants worldwide — including some in Japan — and cutting about 20,000 jobs.

Nissan may sell HQ as it eyes extra 60 bil. yen restructuring costs

Nissan Motor Co. is considering selling its headquarters building in Yokohama, near Tokyo, to help cover costs related to plant closures and other restructuring efforts, sources familiar with the matter said Friday.

[NHK] Nissan Motor Co., Ltd., whose business performance has been deteriorating, is considering selling its headquarters building in Yokohama to cover the costs of restructuring.

It has been revealed that Nissan Motor Co., Ltd. is considering selling its headquarters in Yokohama. Nissan plans to cut seven factories around the world, including in Japan, as part of a business restructuring effort. The asset is thought to be worth over 100 billion yen, and will be used to cover the large costs associated with cutting back on factories. One idea that has been raised is to use a "sale and leaseback" method, in which a lease a…

Nissan Considers Selling It's Headquarters In Japan - AutoSpies Auto News

Nissan Considers Selling It's Headquarters In Japan