Japanese public broadcaster NHK reported that bail for Ghosn, who has been has been in custody at a detention center in Tokyo, was set at 1 billion yen ($8.94 million), and that he could be released as early as Tuesday.
Ghosn has been in custody since his initial arrest in late November over allegations he under-reported his compensation at Nissan for nearly a decade through 2018. He also has been charged with aggravated breach of trust.
The ex-chairman of Nissan, Mitsubishi Motors Corp and France’s Renault SA has denied wrongdoing.
The court decision comes a day after the head of Ghosn’s newly appointed legal team, said he was optimistic the detained executive could win bail with a promise to submit to surveillance.