MEDIUM-TERM PLAN & BUSINESS STRATEGY

Mazda announced its "Lean Asset Strategy", which will realize the company’s multi-solution approach for electrification on March 18, 2025.

Mazda considers the period up to 2030 to be the "dawn of electrification“, and under the 2030 Management Policy, the company will promote electrification with multi-solution to flexibly respond to diversifying customer needs and environmental regulations. The "Lean Asset Strategy", announced today, is an implementation strategy to enhance Mazda's corporate value as a niche player by increasing the utilization of existing assets in the timely development, production, and market introduction of diverse products and electrification technologies.

Mazda announced an update on its ongoing Mid-Term Management Plan, which runs through March 2026, and Management Policy up to 2030 along with key initiatives on November 22, 2022.

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The following table lists financial metrics for FY March 2026, the final year of the Medium-Term Management Plan.

*Operating income ratio

Progress toward financial metrics during the Medium-Term Management Plan (FY March 2020-FY March 2026).

Mazda announced “Medium-Term Management Plan Revision” on November 9, 2020.

We announced Medium-Term Management Plan in November 2019, but our business surroundings have drastically changed due to the spread of COVID-19. Based on lessons learned from the pandemic and after considering actions to adapt to the changing environment, we revised a part of the policy and some initiatives, and announced “Medium-Term Management Plan Revision”.

Mazda announced "Medium-Term Management Plan" on November 1, 2019.

In the Medium-Term Management Policy, we defined three priority areas in which we need to focus our business resources and efforts: “Investment in unique products and customer experience”, “Curb expenses that depreciate brand value” and “Investment in the areas in which we need to catch up”. In the Medium-Term Management Plan, we announced major initiatives in these three areas and financial metrics.

Mazda announced "Medium-Term Management Policy" on May 9, 2019.

Mazda is reaching its centennial anniversary in 2020, a grand milestone since our founding. As a milestone marking the beginning of our next 100 years, we have set out our ideal for 2030-40. To realize it, we drew up the Medium-Term Management Policy along with the direction of initiatives for the period of the new medium-term management plan (FY March 2020 to FY March 2025).

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