Nissan is reportedly facing the possibility of selling its headquarters building located in the Minato-Mirai 21 district of Yokohama, Japan.

A report from Nikkei Asia claims that the headquarters building has been listed as one of the assets Nissan needs to divest by the end of March 2026.

The newly appointed CEO of Nissan, Ivan Espinosa, announced that there are several assets of Nissan that are set to be sold, although he did not specifically mention the headquarters complex.

According to a local real estate agent, the Nissan headquarters complex is estimated to be worth over 100 billion yen, or approximately RM2.95 billion.

Even if Nissan no longer owns the building, the company will continue to lease the property from the new owner to maintain its operations as usual.

This approach is similar to what McLaren employed after the supercar manufacturer sold its headquarters located in Woking as a way to reduce debt.

The sale of the headquarters building is one of the strategies Nissan is implementing to significantly cut costs after facing a loss of $4.5 billion (RM18.95 billion) last year.

Nissan will also be closing up to seven global factories, including two domestic plants (known as the Oppama and Shonan plants), and will lay off 20,000 workers.

Additionally, development for certain models will be halted, and the company plans to streamline its existing platforms to just seven in order to reduce parts complexity by up to 70 percent.