The Latest Financial Results

FY March 2024 Third Quarter Financial Results were announced on February 9, 2024

FY March 2024 Nine Month Results

For the first nine months of fiscal year ending March 31, 2024 (April 1, 2023 through December 31, 2023), global sales volume was 930,000 units, up 17% year on year due to strong sales in the US as well as a nice improvement in Europe. Consolidated wholesale volume was 888,000 units, up 20% year on year.

Net sales were ¥3,566.5 billion, up 32% from the prior year, operating income was ¥200.2 billion, up 83%, ordinary income was ¥239 billion, up 77%, and net income attributable to owners of the parent was ¥165.5 billion, up 60%. At all profit levels, we achieved the highest ever results for the first nine months of the year in Mazda's history, as market mix and model mix significantly improved due to strong sales in the US and introduction of the CX-90.

Regarding the average exchange rates for the period, the yen was ¥143 to the US dollar, ¥7 weaker from the prior year and the euro was ¥155, ¥15 weaker from the prior year.

FY March 2024 FORECAST

The full-year forecast of fiscal year ending March 31, 2024 (April 1, 2023 through March 31, 2024) remains unchanged from the previous forecast, released on November 7, 2023.

For the fourth quarter, we are reviewing the impact of various risks and opportunities, including the earthquake in the Noto Peninsula, and will work to minimize the impact, but we continue to work hard to achieve record results at all profit levels.

Graphs displaying results and financial data

Global sales volume (Thousands of Units)

Net Sales (Billions of Yen)

Operating Income
(Billions of Yen)

Net Income Attributable to Owners of the Parent (Billions of Yen)

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