Welcome!

News Feed Item

Mazda's FY March 2014 Third Quarter Financial Results

Tokyo, Feb 5, 2014 - (JCN Newswire) - For the first nine months of the Fiscal Year ending March 31, 2014 (April 1, 2013 through December 31, 2013), global retail volume of the Mazda Group increased by 6.7 percent year-over-year to 953 thousand units; mainly due to the combination of the strong sales of "Mazda CX-5" and "Mazda Atenza (called Mazda6 in overseas markets)", both equipped with new generation technology, "SKYACTIV TECHNOLOGY (hereinafter referred to as "SKYACTIV"), and the further acceleration of sales momentum of SKYACTIV-equipped models through the introduction of all-new "Axela (called Mazda3 in overseas markets)", our highest volume selling model.

Retail volume by market was as follows. In Japan, retail volume increased by 8.0 percent year-over year to 162 thousand units, mainly due to the strong sales of "CX-5" and "Atenza" as well as the introduction of all-new "Axela". In North America, retail volume increased by 7.0 percent year-over-year to 289 thousand units due to the sales increase in U.S, where "CX-5" and "Mazda6" were good in demand, and in Mexico, where we achieved record sales for the first nine months. In Europe, although total demand stayed at the same level as in the previous fiscal year, retail volume increased by 21.0 percent year-over-year to 144 thousand units due to the strong sales in major countries like Germany, Russia, and U.K. In China, retail volume increased by 9.3 percent to 141 thousand units due to the strong sales of locally-produced "CX-5". In other areas, despite the high level of sales maintained in Australia, retail volume decreased by 3.6% year-over-year to 217 thousand units, mainly due to decrease in sales in Thailand, where total demand stayed stagnant.

As a result of increase in sales volume of the "SKYACTIV" models in global markets and ongoing cost improvements, as well as the correction of yen appreciation against major currencies, the consolidated financial results for the first nine months of the Fiscal Year ending March 31, 2014 were as follows. Net sales
increased by JPY405.1 billion (up 26.4 percent) year-over-year to JPY1,940.2 billion. Operating results increased by JPY105.0 billion (up 534.4 percent) year-over-year to a profit of JPY124.6 billion. Ordinary results increased by JPY71.7 billion (up 335.3 percent) year-over-year to a profit of JPY93.1 billion. Net results increased by JPY51.8 billion (up 202.8 percent) year-over-year to a profit of JPY77.4 billion.

Financial results by reportable segment for the first nine months of the Fiscal Year ending March 31, 2014 were as follows. In Japan, net sales increased by JPY308.1 billion (up 23.0 percent) year-over-year to JPY1,646.7 billion and segment income (operating income) increased by JPY77.0 billion (up 151.0percent) to JPY128.0 billion. In North America, net sales increased by JPY166.9 billion (up 37.9 percent) year-over-year to JPY607.3 billion and segment loss (operating loss) amounted to JPY2.8 billion. (For the first nine months of the previous fiscal year, segment loss was JPY38.3 billion.) In Europe, net sales increased by JPY154.9 billion (up 67.2 percent) year-over-year to JPY385.6 billion and segment income (operating income) increased by JPY4.2 billion (up 191.7 percent) to JPY6.3 billion. In other areas, net sales increased by JPY5.1 billion (up 1.7 percent) year-over-year to JPY310.1 billion and segment income (operating income) decreased by JPY13.9 billion (down 98.3 percent) year-over-year to JPY0.2 billion.

About Mazda

Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com.



Source: Mazda

Contact:
Mazda
Ms. Mayumi Handa
[email protected]
+81-82-282-1111


Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net

More Stories By JCN Newswire

Copyright 2008 JCN Newswire. All rights reserved. Republication or redistribution of JCN Newswire content is expressly prohibited without the prior written consent of JCN Newswire. JCN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.