FY March 2027 First Quarter Financial Results were announced on August 4, 2026
LATEST RESULTS HIGHLIGHTS
The Latest Financial Results
FY March 2027 First Quarter Results
| (Billion Yen) | FY March 2026 | FY March 2027 | Change from Previous Year | |
|---|---|---|---|---|
| First Quarter | First Quarter | First Quarter | ||
| Global Sales Volume (Thousand Units) | 301 | 304 | +4 | +1% |
| Consolidated Wholesales (Thousand Units) | 266 | 280 | +14 | +5% |
| Net Sales | 1,099.8 | 1,285.7 | +185.9 | +17% |
| Operating Income | -46.1 | 32.8 | +78.9 | - |
| Ordinary Income | -34.3 | 42.8 | +77.1 | - |
| Net Income | -42.1 | 29.6 | +71.7 | - |
| Operating Return on Sales | -4.2% | 2.6% | +6.8pts | |
| EPS(Yen) | -66.8 | 47.0 | +113.8 | |
Exchange Rate (Yen) US Dollar Euro Thai Baht Mexican Peso |
145 164 4.37 7.42 |
160 185 4.90 9.18 |
+15 +22 +0.54 +1.76 |
|
*Net income indicates net income attributable to owners of the parent
For the first quarter of fiscal year ending March 31, 2027 (April 1, 2026 through June 30, 2026), global sales volume was 304,000 units, up 1% year on year, reflecting increased sales in major markets, including North America and Europe.
Consolidated wholesale volume was 280,000 units, up 5% year on year, as we fill the inventory pipeline for new products. Net sales were ¥1,285.7 billion, up 17% from the prior year. This was Mazda’s highest-ever first quarter revenue. Operating income was ¥32.8 billion, up 78.9 billion, and net income was ¥29.6 billion, up 71.7 billion. We were profitable at the operating and net levels, and sharply improved from last year’s first quarter, despite continued impact of tariffs.
Average exchange rates for the period were ¥160 to the U.S. dollar, ¥15 weaker from the prior year and ¥185 to the euro, ¥22 weaker from the prior year.
FY March 2027 FORECAST
| (Billion Yen) | FY March 2026 | FY March 2027 | Change from Previous Year | Change from May Forecast | |
|---|---|---|---|---|---|
| Full Year | Full Year | Full Year | Full Year | ||
| Global Sales Volume (Thousand Units) | 1,223 | 1,324 | +102 | +8% | - |
| Consolidated Wholesales (Thousand Units) | 1,147 | 1,233 | +86 | +8% | - |
| Net Sales | 4,918.2 | 5,500.0 | +581.8 | +12% | - |
| Operating Income | 51.6 | 150.0 | +98.4 | +191% | - |
| Ordinary Income | 131.8 | 140.0 | +8.2 | +6% | - |
| Net Income | 35.1 | 90.0 | +54.9 | +157% | - |
| Operating Return on Sales | 1.0% | 2.7% | 1.7pts | -pts | |
| EPS(Yen) | 55.6 | 142.7 | 87.1 | - | |
Exchange Rate (Yen) US Dollar Euro Thai Baht Mexican Peso |
151 175 4.67 8.16 |
155 180 4.80 8.89 |
+4 +5 +0.13 +0.73 |
- - - - | |
*Net income indicates net income attributable to owners of the parent
For the fiscal year ending March 31, 2027 (April 1, 2026 through March 31, 2027), the forecast remains unchanged from our May announcement. Global sales are 1,324,000 units, up 8% year on year. Volume growth will be focused primarily on North America and Europe.
Consolidated wholesales volume is 1,233,000 units, up 8% year on year.
Net sales are ¥5,500 billion, up 12% from the prior year, and operating income is ¥150 billion, up 191%, net income is ¥90 billion, up 157%.
Our exchange rate assumptions are ¥155 to the US dollar, ¥4 weaker from the prior year, and ¥180 to the euro, ¥5 weaker from the prior year.
Progress is on track to achieve the full year operating income forecast of ¥150 billion. The all-new Mazda CX-5 and Mazda6e, together with the Mazda CX-6e, are expected to drive volume growth from the second quarter onwards. We aim to achieve the full year forecast through volume growth and cost improvements.
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)