---
title: "Nissan CFO Papin: The Company Will Not Be Free Cash Flow Positive In The Full Year"
description: "Nissan CFO Papin announced that the company will not achieve free cash flow positivity for the full fiscal year. Despite challenges, Nissan aims for positive cash flow in the second half, with a focus"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/263509573.md"
published_at: "2025-10-30T11:49:18.000Z"
---

# Nissan CFO Papin: The Company Will Not Be Free Cash Flow Positive In The Full Year

> Nissan CFO Papin announced that the company will not achieve free cash flow positivity for the full fiscal year. Despite challenges, Nissan aims for positive cash flow in the second half, with a focus on cost-saving initiatives. The CFO highlighted that one-off costs in the first half were mainly due to U.S. emissions issues, and the main risk for the second half is supply-related factors. Additionally, Nissan expects to incur 25 billion yen less in tariff costs in the second half compared to the first, aided by mitigation measures and a 15% tariff rate on U.S. imports from Japan.

Oct 30 (Reuters) - Nissan Motor Co Ltd (7201.T) :

-   NISSAN CFO PAPIN: WE ARE TAKING A PRUDENT APPROACH WHILE ENSURING COST-SAVINGS INITIATIVES REMAINS ON TRACK
-   NISSAN CFO PAPIN: DESPITE HEADWINDS, WE AIM TO ACHIEVE POSITIVE CASH FLOW IN THE SECOND HALF OF THE FISCAL YEAR
-   NISSAN CFO PAPIN: ONE-OFFS IN FIRST HALF ARE MAINLY U.S. EMISSIONS RELATED
-   NISSAN CFO PAPIN: MOST IMPORTANT RISK FACTOR IN SECOND HALF IS SUPPLY FACTOR LINKED TO VARIOUS SITUATIONS THAT WE’RE ASSESSING ON DAILY BASIS
-   NISSAN CFO PAPIN: THE COMPANY WILL NOT BE FREE CASH FLOW POSITIVE IN THE FULL YEAR
-   NISSAN CFO PAPIN: TOTAL TARIFF COSTS THAT WE’LL INCUR IN THE SECOND HALF SHOULD BE 25 BILLION YEN BETTER THAN THE COST WE INCURRED IN FIRST HALF
-   NISSAN CFO PAPIN: MAIN DRIVERS OF LOWER TARIFF PAYMENT IN SECOND HALF IS COMBINATION OF FACT THAT U.S. IMPORT TARIFFS FROM JAPAN ARE AT 15% IN SECOND HALF AND THAT WE’VE PUT IN PLACE MITIGATION MEASURES Source text: Further company coverage: (7201.T)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.