Slides
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1 2 F E B R U A R Y 2 0 2 6 FY2025 Third Quarter Financial Results
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2 FY2025 Third Quarter Financial Results
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3 Retail Sales Volume 395 365 238 216 940 950 328 270 497 457 2,397 2,257 FY24 Q3 YTD FY25 Q3 YTD vs. FY24 China -8.0% Japan -17 .7% North America +1.0% Europe -9.0% Others -7 .6% Excluding China: -5.2% -5.8% (Thousand units) 141 131 79 70 318 315 105 84 158 178 801 778 FY24 Q3 FY25 Q3 vs. FY24 China +12.7% Japan -20.1% North America -0.8% Europe -11.3% Others -7 .5% Excluding China: -6.7% -2.9% (Thousand units)
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4 FY25 Q3 YTD Financial Performance Net Revenue Operating Profit (OP margin) CAPEXNet Income * Liquidity Status (as of December 31, 2025) 1. Auto cash and cash equivalent: 2,149.2 billion yen (as of September 30, 2025: 2,189.9 billion yen) 2. Unused committed credit lines : 2,576.0 billion yen (as of September 30, 2025: 2,330.1 billion yen) * Net income attributable to owners of the parent Free Cash Flow Net CashNet Revenue Operating Profit (OP margin) 9,143.2 8,578.0 64.0 (0.7%) -10.1 (-0.1%) 5.1 -250.2 8,195.6 7 ,600.7 1,241.0 957 .8 Consolidated Automobile & Eliminations ■ FY24 Q3 YTD ■ ■ FY25 Q3 YTD (Billion Yen) -506.7 -691.4 -150.4 (-1.8%) -234.1 (-3.1%) 371.2 306.1 9.7 43.2 380.9 349.3 455.0 412.5 Lease Asset R&D
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5 Operating Profit Variance Analysis FY25 Third Quarter YTD Actual vs. Previous Year -52.2 -232 .0 +84.4 +9.3 +81.3 FY24 Q3 YTD Forex Raw Materials Tariff Sales Performance Monozukuri Cost Inflation One Time Others FY25 Q3 YTD +109 .9 Volume/Mix +48.8 Manufacturing +26.5 Monozukuri -48.9 Warranty Change in Estimates +28.9 Sales Finance - Credit Loss - Others +16.8 +9.0 +7.8 Incentives / Pricing -17.7 Logistics +12.0 Others -14.1 US Emission +36.0 Remarketing +25.7 After Sales -28.4 Regulatory / Product Enrichment -0.6 UK Café +16.4 G&A +38.2 Others -14.5 R&D +44.7 Others +3.7 Purch +37.8 Others -10.5 -10.1 (-0.1%) 64.0 (0.7%) -11.8 -63.0 (Billion Yen) Q3 QTD Actual 31.1 (1.0%) +12.3 +6.0 -82.3 -35.4 +43.4 -13.0 +16.4 +39.0 17 .5 (0.6%)
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6 FY2025 Outlook
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7 2,436 665 3,101 3,000 2,900 FY24 Actual FY25 Previous Outlook FY25 Latest Outlook vs. FY24 vs. Previous Outlook Global -4.4% -1.5% China -6.3% +1.2% Japan -8.9% -5.6% North America -0.2% 0.0% Europe -6.0% -2.9% Others -7 .0% -4.4% Excl. China -3.9% -2.2% 535 520 497 351 340 330 1,303 1,300 1,300 461 445 420 697 645 653 3,346 3,250 3,200 FY24 Actual FY25 Previous Outlook FY25 Latest Outlook China Excluding China FY25 Volume Outlook Retail Sales (Thousand units) Production Volume (Thousand units)
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8 *1 Net income attributable to owners of the parent *2 FX Rate are full year average FY25 Outlook FY24 Actual FY25 Previous Outlook FY25 Outlook Variance vs FY24 Variance vs Previous Outlook Net Revenue 12,633.2 11,700.0 11,900.0 -733.2 +200.0 Operating Profit 69.8 -275.0 -60.0 -129.8 +215.0 OP Margin 0.6% -2.4% -0.5% -1.1pts +1.9pts Net Income*1 -670.9 TBD -650.0 +20.9 n/a FX Rate*2 (USD/JPY) 153 146 149 -4 +3 (EUR/JPY) 164 168 173 +9 +5 (Billion Yen)
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9 Operating Profit Variance Analysis FY25 Full year Outlook vs. Previous Year -35 .0 -275.0 +33.9 0.0 +81.3 FY24 Actual Forex Raw Materials Tariff Sales Performance Monozukuri Cost Inflation One Time Others FY25 Outlook +200.0 Volume/Mix +77.0 Manufacturing +45.0 Monozukuri -75.0 Warranty Change in Estimates +28.9 Sales Finance +15.0 Incentives / Pricing -87.0 Logistics +20.0 Others -20.0 US Emission +36.0 Remarketing +25.0 After Sales -30.0 Regulatory / Product Enrichment +5.0 UK Café +16.4 G&A +25.0 R&D +60.0 Others -31.1 Purch +70.0 -60 .0 (-0.5%) 69.8 (0.6%) -40 .0 -95 .0 Prev. Outlook (Var. vs. Prev) -115.0 (+80.0) +5.0 (-5.0) -275.0 (0.0) +10.0 (-50.0) +95.0 (+105.0) -135.0 (+40.0) +64.9 (+16.4) +5.3 (+28.6) -275.0 (+215.0) (Billion Yen)
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10 Key Takeaways Sales Performance ▪ Q3 sales results challenging in a difficult market environment ▪ US market share stable, supported by strong retail focus and reduced fleet mix ▪ Japan and Europe impacted by weak demand and competition ▪ China solid performance in CY25 supported by new NEVs ▪ New model momentum built in Q3 Financial Performance Outlook ▪ Q3: Positive operating profit ¥17.5B; cost savings cover tariff impact ▪ Fixed-cost savings ahead of plan (>¥160B YTD), reflecting disciplined execution ▪ Improved FCF vs. previous quarter; continued disciplined management of working capital ▪ Net cash maintained at the 1T level, supported by Re:Nissan asset optimization ▪ Retail Sales outlook adjusted to 3.2mn with expected strong finish in Q4 ▪ Narrowing FY25 operating loss to -60B with steady progress of Re:Nissan ▪ H2 Auto FCF to be positive ▪ Re:Nissan execution fully on track
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11 Re:Nissan Update
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12 5,150 ~240B yen P O T E N T I A L I M P A C T Variable Cost - Actions & Decisions I D E A S G E N E R A T E D P R O G R E S S O F T O TA L D E L I V E R E D C O S T Categories of solutions Stages of implementation Manufacturing & Logistics 740 Others optimization 880 Technical 3,530 (Billion yen) 250 75 150 200 240 Idea Feasibility Implementation 2025/5 2025/7 2025/11 2026/1
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13 Fixed Cost & Others - Actions & Delivery O N G O I N G E F F I C I E N CY T H R O U G H C O S T D I S C I P L I N E Restructure Manufacturing Announced 7 out of 7 sites in 10 months Reduce & Rationalize Full value chain audit A C T I O N S T A K E N 1. Argentina plant 2. RNAIPL, India plant 3. Oppama plant 4. Nissan Shatai Shonan plant 5. CIVAC plant 6. COMPAS plant, Mexico 7. Rosslyn plant in South Africa The agreement announced >160B cost savings materialized in FY25 3QYTD (1H:80B)JPY ▪ Steady progress through outsourcing, efficient use of marketing funds, leveraging shared services, and expense management ▪ 15% engineering cost-per-hour reduction delivered, progressing towards the goal of 20% ▪ Workforce resizing initiatives advancing responsibly
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14 Product Momentum 5,000 units ordered by the end of Jan accumulated orders since launch >40,000 JAPAN | LEAF JAPAN | Roox USA | Sentra 7 ,900 units sales in Jan, +30% year-on-year NACTOY Car of the Year Finalist 10,000 orders surpassed in its first month CHINA | Teana Huawei RJC car of the year Good design award NACOTY Utility Vehicle of the Year Finalist ~ 14
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15 Product Momentum 7-seater B-MPV crafted in India for India INDIA | Gravite The first PHEV sedan built on the Dongfeng CHINA | N6 With advanced driver-assistance and optimized suspension for Oceania AUSTRALIA | Navara The first pickup truck developed in China for global export GLOBAL | Frontier Pro PHEV Signals a confident, distinctive future; to be built in Smyrna USA | QX65 The fourth- electrified powertrain technologies JAPAN | Elgrand 15
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Appendix
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18 FY25 Third Quarter Financial Performance Net Revenue Operating Profit (OP margin) CAPEXNet Income * * Net income attributable to owners of the parent Free Cash Flow Net CashNet Revenue Operating Profit (OP margin) 3,159.0 2,999.3 31.1 (1.0%) 17 .5 (0.6%) -14.1 -28.3 2,843.5 2,662.3 Consolidated Automobile & Eliminations ■ FY24 Q3 ■ ■ FY25 Q3 (Billion Yen) -58.4 -98.6 -34.3 (-1.2%) -57 .5 (-2.2%) 148.0 112.2 2.1 5.0 150.1 117 .2 159.3 137 .7 Lease Asset R&D 1,241.0 957 .8
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19 Operating Profit Variance Analysis FY25 Third Quarter Actual vs. Previous Year +12.3 -82.3 +3 9.0 +6.0 +16.4 FY24 Q3 Forex Raw Materials Tariff Sales Performance Monozukuri Cost Inflation One Time Others FY25 Q3 +43.4 Volume/Mix -12.9 Manufacturing +8.7 Monozukuri -8.4 UK Café +16.4 Sales Finance - Credit Loss - Others +8.4 +8.1 +0.3Incentives / Pricing -11.4 Logistics +6.8 Others -4.6 After Sales -11.5 Regulatory / Product Enrichment +0.5 Remarketing +4.5 Others +0.4 R&D +21.9 G&A +14.9 Purch +10.8 Others +11.2 Others -5.3 17.5 (0.6%) 31.1 (1.0%) -35 .4 -13.0 (Billion Yen)
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20 Operating Profit Variance Analysis FY25 Full year Outlook vs. Previous Outlook +80 .0 0.0 +28.6 -5.0 +16.4 FY25 Previous Outlook Forex Raw Materials Tariff Sales Performance Monozukuri Cost Inflation One Time Others FY25 Outlook +105 .0 Volume/Mix +32.0 Manufacturing +30.0 Monozukuri +40.0 UK Café +16.4 Sales Finance +15.0 Incentives / Pricing -57.0 Logistics +5.0 Remarketing 0.0 After Sales -25.0 Regulatory / Product Enrichment +15.0 G&A +5.0 R&D +45.0 Others +8.6 Purch +30.0 Others -20.0 -60 .0 (-0.5%) -275 .0 (-2.4%) -50.0 +40 .0 (Billion Yen)
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21 ~1.9 ~ -0.7 Auto Segment (Trillion Y en) Funding and Liquidity Status ~2.1+0.66 1.6 Total Liquidity Available ~3.6 Internal Loan from Auto to Sales Finance Cash & Cash Equivalent Unused Credit Lines*1 ~2.6 2.1 1.5 Unused Securitization Lines Unused Commitment Lines 1.0 *1 Unused securitization lines are related to Sales Finance. Unused commitment lines split into Auto Business ~600 billion yen and Sales Finance ~1 trillion yen *2 Includes put option after 4 years Currency Tenor Amount USD 5 year 1,000 M 7 year 750 M 10 year 1,250 M EUR 4 year 800 M 8 year 500 M Currency Tenor JPY 6 year*2 As of Dec. 31, 2025 FY24 End Auto Debt FY25 Maturities Straight Bond Convertible Bond FY25 End Auto Debt +0.2 Amount Conversion Price 200 B 397 .2 yen (Trillion Y en)
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22 Net Credit Loss Ratio • Despite negative foreign exchange impact, profits are higher year over year mainly due to one time loss provision reversal • Net Credit losses are increasing in line with the industry • Diversified funding sources, strong liquidity and equity position Net Revenue Operating Profit PenetrationTotal Assets ■ FY24 Q3 YTD ■ FY25 Q3 YTD (Billion Y en) 10,691.5 10,570.7 947.6 977.3 46% 42% 0.60% 0.72%214.4 224.1 Sales Financing Asset Backed Securities 33.9% Bank Loans 20.6% Bonds 13.3% Equity 17.7% Commercial Paper & Other 14.5% Funding Sources (as of Dec 2025) Total Funding Amount: 9,514 Billion Yen
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23 30% 29% 39% 28% 27% 37% 49% 57% 23% 21% 5% 6% 27% 21% 50% 41% 2% 1% 3% 1% FY24 Q3 YTD FY25 Q3 YTD FY24 Q3 YTD FY25 Q3 YTD FY24 Q3 YTD FY25 Q3 YTD FY24 Q3 YTD FY25 Q3 YTD FY24 Q3 YTD FY25 Q3 YTD NFS: Nissan Financial Services, sales finance company in Japan NMAC: Nissan Motor Acceptance Company LLC, sales finance company in US NCF: Sales financing division of Nissan Canada Inc. NRFM: NR Finance Mexico, sales finance company in Mexico DNAF: Dongfeng Nissan Auto finance company in China DNFL: Dongfeng Nissan Financial Leasing in China NFS NMAC NCF NRFM DNAF/DNFL ■ Lease ■ Retail 35% 36% 66% 49% 77% 78% 52% 59% 27% 22% Penetration *1 *2 *2 DNAF : Penetration is lower due to market competition *1 NMAC : Penetration is lower due to market competition and shift in the variable marketing expense mix
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24 NFS NMAC NCF DNAF/DNFL Lease Retail Total Lease Retail Total Lease Retail Total Lease Retail Total FY24 Q3 YTD 0.01% 0.06% 0.05% 0.42% 0.84% 0.69% 0.05% 0.14% 0.09% 1.06% 0.75% 0.82% FY25 Q3 YTD 0.01% 0.06% 0.05% 0.48% 0.95% 0.77% 0.07% 0.18% 0.12% 3.29% 0.99% 1.48% Variance 0.00pt 0.00pt 0.00pt +0.06pt +0.11pt +0.08pt +0.02pt +0.04pt +0.03pt +2.23pt +0.24pt +0.66pt NFS: Nissan Financial Services (Japan) NMAC: Nissan Motor Acceptance Company LLC (US) NCF: Sales financing division of Nissan Canada Inc. (Canada) DNAF: Dongfeng Nissan Auto Finance (China) DNFL: Dongfeng Nissan Financial Leasing (China) *1 *1 DNAF/DNFL: Lease credit losses significantly increased, driven primarily by one fleet transaction Net Credit Loss Ratio
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25 NFS NMAC NCF NRFM DNAF/DNFL (Billion JPY) (Million USD) (Million CAD) (Million MXN) (Million CNY) Asset OP Asset OP Asset OP Asset OP Asset OP FY24 Q3 YTD 1,476.5 27.2 40,740 652 6,953 160 121,123 3,544 35,897 971 FY25 Q3 YTD 1,468.6 23.6 39,795 735 7,820 185 140,698 4,109 31,233 589 Variance -7.9 -3.6 -945 +83 +867 +25 +19,575 +564 -4,664 -382 NFS: Nissan Financial Services (Japan) NMAC: Nissan Motor Acceptance Company LLC (US) NCF: Sales financing division of Nissan Canada Inc. (Canada) NRFM: NR Finance Mexico (Mexico) DNAF: Dongfeng Nissan Auto Finance (China) DNFL: Dongfeng Nissan Financial Leasing (China) *1 Operating Profit & Asset *1 DNAF/DNFL: OP is lower mainly due to assets decrease driven by lower retail sales and penetration
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26 FY24 Q3 YTD FY25 Q3 YTD Variance Net Revenue 9,143.2 8,578.0 -565.2 Operating Profit 64.0 -10.1 -74.1 OP Margin 0.7% -0.1% -0.8 points Non-Operating*1 95.4 -100.7 Ordinary Profit 159.4 -110.8 -270.2 Extraordinary*2 -65.8 -97.3 Profit Before Tax 93.6 -208.1 -301.7 Taxes -77.1 -35.9 Minority Interest*3 -11.4 -6.2 Net Income*4 5.1 -250.2 -255.4 FX Rate (USD/JPY) 153 149 -4 (EUR/JPY) 165 172 +7 (Billion Y en) Financial Performance FY24 Q3 FY25 Q3 Variance 3,159.0 2,999.3 -159.7 31.1 17.5 -13.6 1.0% 0.6% -0.4 points 12.3 -50.4 43.4 -32.9 -76.3 -40.4 46.3 3.0 13.4 +10.4 -15.9 -38.5 -1.2 -3.2 -14.1 -28.3 -14.2 152 154 +2 163 179 +16 *1: Includes profit in companies under equity method of 42.5 billion yen in FY24 Q3 YTD and loss of 37.7billion yen in FY25 Q3 YTD *2: Includes impairment loss 80.6 billion yen in FY25 Q3 YTD *3: Net income attributable to non-controlling interests *4: Net income attributable to owners of the parent
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27 vs. FY24 China +12.1% Japan -0.3% North America (US) +1.8% (+1.6%) Europe (Excl. Russia) +0.1% (+1.8%) Others +6.8% Excluding China: +2.9% *Nissan estimation for TIV includes China local brands and LCV TIV (Million units) (Thousand units) vs. FY24 China -8.0% Japan -17 .7% North America (US) +1.0% (-1.8%) Europe -9.0% Others -7 .6% Excluding China: -5.2% Retail Volume 15.78 16.85 12.78 (11.46) 12.79 (11.67) 14.66 (12.11) 14.93 (12.31 ) 3.29 3.28 16.94 18.98 63.45 66.83 FY24 Q3 YTD FY25 Q3 YTD FY25 Q3 YTD Sales Performance +5.3% 395 365 238 216 940 (671) 950 (659) 328 270 497 457 2,397 2,257 FY24 Q3 YTD FY25 Q3 YTD -5.8%
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28 vs. FY24 China +12.3% Japan -1.9% North America (US) -3.9% (-5.0%) Europe (Excl. Russia) +2.6% (+3.8%) Others +9.6% Excluding China: +2.7% *Nissan estimation for TIV includes China local brands and LCV TIV (Million units) (Thousand units) vs. FY24 China +12.7% Japan -20.1% North America (US) -0.8% (-3.7%) Europe -11.3% Others -7 .5% Excluding China: -6.7% Retail Volume 5.61 6.15 4.26 (3.82) 4.38 (3.96) 5.07 (4.21) 4.87 (4.00) 1.12 1.10 5.95 6.69 22.01 23.18 FY24 Q3 FY25 Q3 FY25 Third Quarter Sales Performance +5.3% 141 131 79 70 318 (222) 315 (214) 105 84 158 178 801 778 FY24 Q3 FY25 Q3 -2.9%
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29 Production Volume 599 552 143 171 742 723 FY24 Q3 FY25 Q3 vs. FY24 China +19.7% Others -7 .9% -2.6% 1,819 1,674 481 439 2,301 2,112 FY24 Q3 YTD FY25 Q3 YTD vs. FY24 China -8.8% Others -8.0% Third Quarter YTD Third Quarter -8.2% (Thousand units) (Thousand units)
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30 331 303 96 62 229 208 950 918 320 274 1,926 1,765 FY24 Q3 YTD FY25 Q3 YTD vs. FY24 Japan -14.5% North America -3.3% Europe -9.2% Asia -36.1% Others -8.3% -8.4% Consolidated Sales Volume 125 106 30 19 74 73 319 299 114 94 660 592 FY24 Q3 FY25 Q3 vs. FY24 Japan -17 .2% North America -6.0% Europe -0.2% Asia -35.9% Others -14.8% -10.3% (Thousand units) Third Quarter YTD Third Quarter (Thousand units)
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31 Currency FY24 Q3 YTD Rate FY25 Q3 YTD Rate OP Impact (Billion Yen) USD 152.6 148.7 -19.2 MXN 8.2 7 .9 7 .0 INR 1.8 1.7 5.3 CNY 21.0 20.8 3.6 GBP 195.5 199.0 2.4 AUD 100.8 96.7 -3.2 THB 4.3 4.6 -6.8 ARS 0.2 0.1 -7 .6 CAD 110.9 107 .3 -9.8 TRY 4.6 3.7 -18.9 Others -- -- -5.0 Total -- -- -52.2 Operating Profit Variance Analysis Forex Currency FY24 Q3 Rate FY25 Q3 Rate OP Impact (Billion Yen) USD 152.4 154.1 7 .8 GBP 195.4 205.0 2.2 INR 1.8 1.7 1.8 CAD 109.0 110.5 1.3 BRL 26.1 28.5 1.2 EUR 162.6 179.4 -1.5 THB 4.5 4.8 -3.1 CNY 20.9 21.7 -4.4 TRY 4.4 3.7 -6.3 MXN 7 .6 8.4 -7 .5 Others -- -- 20.8 Total -- -- 12.3
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32 Incentives *3/ Pricing Others Total Japan +4.2 +3.5 +7 .7 US -72.2 +31.7 -40.5 Europe -16.1 +8.2 -7 .9 MEX/CAN -18.9 +6.0 -12.9 Others +26.7 +9.2 +35.9 Total -76.3 +58.5 -17.7 FY25 Q3 YTD Volume *1 Mix Incentives *2 Total Japan -7 .8 -4.8 +3.9 -8.7 US -76.2 +41.5 +56.6 +21.9 Europe -25.9 +7 .9 +22.5 +4.4 MEX/CAN +2.4 -7 .6 -2.5 -7 .7 Others -32.5 +62.8 +8.7 +39.0 Total -140.0 +99.8 +89.0 +48.8 *1: Includes country mix *2: Volume/mix impact on incentives *3: Impact of change in incentive/unit Volume/MixSelling Expenses/ Pricing (Billion Y en) Operating Profit Variance Analysis Sales Performance Incentives *3/ Pricing Others Total +1.7 +0.5 +2.2 -35.4 +15.9 -19.5 -6.6 +2.7 -3.9 -8.0 +2.0 -5.9 +10.7 +5.0 +15.7 -37.5 +26.1 -11.4 FY25 Q3 Volume *1 Mix Incentives *2 Total -2.7 -4.7 +1.7 -5.7 -45.7 +13.2 +33.2 +0.7 +0.0 +5.0 +2.7 +7 .7 +3.9 -5.0 -0.6 -1.7 -25.2 +3.0 +8.3 -13.9 -69.7 +11.5 +45.3 -12.9
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33 570 250 390 600 640 640 660 550 580 560 580 FY20 Q4 FY21 Q4 FY22 Q4 FY23 Q4 FY24 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3 Inventory Status (Excluding China JV) (Thousand units) ■ Dealer inventory (except some minor countries) ■ Consolidated Nissan inventory (except some minor countries) *The previously reported figures for the FY25 Q2 have been corrected and restated.
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34 FY25 Q1 Q2 Q3 Q3 YTD Net Cash Inflow from P&L Items -132.1 -51.9 +10.2 -173.9 Working Capital -125.7 -32.2 +71.5 -86.4 AP/AR -154.1 -23.0 +79.3 -97 .8 Inventory +28.4 -9.2 -7 .8 +11.4 Tax/Other Operating Activities -68.5 -35.4 -177 .3 -281.2 Cash Flow from Operating Activities -326.3 -119.6 -95.6 -541.5 CAPEX* -138.6 -125.0 -105.7 -369.3 Others +74.4 +42.3 +102.7 +219.4 Automotive Free Cash Flow -390.5 -202.3 -98.6 -691.4 FY24 Q1 Q2 Q3 Q3 YTD Automotive Free Cash Flow -302.8 -145.6 -58.4 -506.7 Automotive Free Cash Flow *CAPEX does not include finance lease-related investments (Billion Y en)
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35 As of March 31, 2025 As of December 31, 2025 Automobile & Eliminations Sales Financing Total Automobile & Eliminations Sales Financing Total Borrowings from Third Parties 1,947 .6 6,152.2 8,099.9 2,678.9 6,430.9 9,109.9 Internal Loan to Sales Financing (Net) -1,286.3 1,286.3 0.0 -1,487 .5 1,487 .5 0.0 Cash and Cash Equivalent 2,159.8 37 .7 2,197 .5 2,149.2 62.9 2,212.1 Net Cash 1,498.4 -7,400.8 -5,902.3 957.8 -7,855.6 -6,897.8 Net Cash by Business Segment (Billion Y en)
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36 109.5 84.4 -12.1 141.2 -302.8 -145.6 -58.4 263.9 -390.5 -202.3 -98.6 FY23 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY24 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3 (Billion Y en) Auto Net Cash Auto Free Cash Flow (Billion Y en) Auto Net Cash & FCF 1,350.0 1,500.9 1,330.7 1,546.0 1,403.8 1,364.1 1,498.4 1,498.4 1,134.3 990.9 957.8 FY23 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY24 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY25 Q1 FY25 Q2 FY25 Q3
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37 Auto Net Cash Change Analysis FY24 Q4 End Cashflow from Operating Activities CAPEX* Others Dividends from Sales Finance Others FY25 Q3 End 1,498.4 -541.5 -369.3 +219.4 +203.4 -52.6 957.8 FCF: -691.4 * CAPEX does not include finance lease-related investments (Billion Y en)
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38 This presentation contains forward-looking statements, based on judgments and estimates that have been made on the basis of currently available information. By nature, such statements are subject to uncertainty and risk. Therefore, you are advised that the final results might be significantly different from the aforementioned statements due to changes in economic environments related to our business, market trends and exchange rate, etc.