Mazda Motor Corp. · TSE:7261
Mazda Motor — Q1 FY March 2027 Earnings Presentation
30 slides from Mazda Motor's earnings presentation, Aug 4, 2026
Slide 1: Financial Results for Fiscal Year March 2027 First Quarter
FINANCIAL RESULTS FOR FISCAL YEAR MARCH 2027 FIRST QUARTER MAZDA ROADSTER Special Edition PS August 4, 2026 Mazda Motor Corporation M A Z DA M OTO R CO R PO RAT I O N 1
Slide 2: Presentation Outline
PRESENTATION OUTLINE ▪FY March 2027 First Quarter Results ▪FY March 2027 Full Year Forecast ▪Progress of the All-New Mazda CX-5 Launch ▪Summary Note: Net income/loss in this presentation indicates net income/loss attributable to owners of the parent M A Z DA M OTO R CO R P ORAT I ON 2
Slide 3: FY March 2027 First Quarter Results
FY MARCH 2027 FIRST QUARTER RESULTS M A Z DA M OTO R CO R P ORAT I ON 3
Slide 4: First Quarter Results Overview
FIRST QUARTER RESULTS OVERVIEW ▪ Global sales volume 304,000 units, up 1% year on year ▪ Consolidated wholesales volume 280,000 units, up 5% year on year ▪ Net sales ¥1,285.7 billion, up 17% year on year Record net sales for the first quarter ▪ Operating income ¥32.8 billion / Operating return on sa
Slide 5: First Quarter Volume Results
FY MARCH 2027 FIRST QUARTER VOLUME RESULTS (Thousand Units) FY March 2025 FY March 2026 FY March 2027 Change from Previous Year First Quarter First Quarter First Quarter First Quarter Production Volume* 300 276 296 +20 +7% Global Sales Volume Japan 29 32 33 +1 +3% North America 146 147 154 +7 +5% Eu
Slide 6: First Quarter Financial Metrics
FY MARCH 2027 FIRST QUARTER FINANCIAL METRICS (Billion Yen) FY March 2025 FY March 2026 FY March 2027 Change from Previous Year First Quarter First Quarter First Quarter First Quarter Consolidated Wholesales 291 266 280 +14 +5% (Thousand Units) Net Sales 1,205.6 1,099.8 1,285.7 +185.9 +17% Operating
Slide 7: Change in First Quarter Operating Income
CHANGE IN FY MARCH 2027 FIRST QUARTER OPERATING INCOME (vs. FY MARCH 2026 FIRST QUARTER) (Billion Yen) Foreign Exchange Cost Fixed Costs, Raw Material, Improvement Other +41.3 Logistics Costs, etc. Growth 32.8 +15.7 Investment +12.3 Volume & Mix -9.8 +43.4 -24.0 FY March 2027 -46.1 FY March Change f
Slide 8: Cash Flow and Net Cash
FY MARCH 2027 CASH FLOW AND NET CASH (Billion Yen) FY March 2026 FY March 2027 First Quarter Full Year First Quarter Cash Flow from Operating Activities -141.1 0.2 -40.6 Cash Flow from Investing Activities 44.3 -0.9 -28.6 Free Cash Flow -96.8 -0.6 -69.2 (Billion Yen) End of June 2025 End of March 20
Slide 9: Full Year Forecast
FY MARCH 2027 FULL YEAR FORECAST M A Z DA M OTO R CO R P ORAT I ON 9
Slide 10: Full Year Forecast Overview
FULL YEAR FORECAST OVERVIEW ▪ Full year forecast for FY March 2027 remains unchanged 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 ▪
Slide 11: Full Year Volume Forecast
FY MARCH 2027 FULL YEAR VOLUME FORECAST ▪ No change to the full year volume forecast Change from Change from (Thousand Units) FY March 2026 FY March 2027 Previous Year May Forecast Full Year Full Year Full Year Full Year Global Sales Volume Japan 144 153 +9 +6% - North America 582 629 +47 +8% - Euro
Slide 12: Full Year Financial Metrics
FY MARCH 2027 FULL YEAR FINANCIAL METRICS ▪ No change to the full year financial forecast Change from Change from (Billion Yen) FY March 2026 FY March 2027 Previous Year May Forecast Full Year Full Year Full Year Full Year Consolidated Wholesales 1,147 1,233 +86 +8% - (Thousand Units) Net Sales 4,91
Slide 13: Growth Strategy Driven by Multi-Solution, Lean-Asset, Partnerships, and Brand Value Management
GROWTH STRATEGY DRIVEN BY MULTI-SOLUTION, LEAN-ASSET, PARTNERSHIPS, AND BRAND VALUE MANAGEMENT ▪ Fully leverage Mazda’s key business assets (Sales network, global footprint, and partnerships) ▪ For this fiscal year, expand sales of the new CX-5 and products leveraging collaboration. Advance cost str
Slide 14: Progress of the All-New Mazda CX-5 Launch
PROGRESS OF THE ALL-NEW MAZDA CX-5 LAUNCH M A Z DA M OTO R CO R P ORAT I ON 14
Slide 15: Progress of the All-New Mazda CX-5 Launch
PROGRESS OF THE ALL-NEW MAZDA CX-5 LAUNCH ▪ Sales started in key markets across Europe, North America and Japan. The rollout is progressing largely in line with plan - Orders continue to outpace plan, exceeding 20,000 units in Europe and 10,000 units in Japan as of the end of June ▪ Strong positive
Slide 16: All-New Mazda CX-5 Earns Top Safety Performance Ratings in Major Markets
ALL-NEW MAZDA CX-5 EARNS TOP SAFETY PERFORMANCE RATINGS IN MAJOR MARKETS *1 ▪ The new CX-5 has earned the IIHS TOP SAFETY PICK+ award in the U.S. and *2 *3 achieved top ratings from Euro NCAP in Europe and ANCAP in Australia and New Zealand *1 IIHS: Insurance Institute for Highway Safety *2 Euro NCA
Slide 17: Summary
SUMMARY M A Z DA M OTO R CO R P ORAT I ON 17
Slide 18: Summary
SUMMARY ▪ For the first quarter, net sales reached a record high, while operating income and net income improved significantly year on year ▪ The all-new Mazda CX-5 rollout has progressed across major markets. Full-scale shipments of the Mazda6e are underway, while preparation for the launch of the
Slide 19: Mazda
MAZDA
Slide 20: Appendix
APPENDIX M A Z DA M OTO R CO R P ORAT I ON 20
Slide 21: First Quarter Results and Key Initiatives — Japan
FIRST QUARTER RESULTS AND KEY INITIATIVES — JAPAN ◼ First-quarter sales totaled 33,000 units (up 3% year on year). The new CX-5 (up 91% year on year) drove higher showroom traffic, while the CX-30 (up 12% year on year) supported by increased cross-shopping with the new CX-5, and Mazda2 (up 19% year
Slide 22: First Quarter Results and Key Initiatives — North America
FIRST QUARTER RESULTS AND KEY INITIATIVES — NORTH AMERICA U.S. ◼ First-quarter sales totaled 107,000 units (up 7% year on year). Strong hybrid demand drove the CX-50, and the Mazda3 performed well in its segment ◼ The new CX-5 will continue its launch acceleration efforts, while enhanced dealer trai
Slide 23: First Quarter Results and Key Initiatives — Europe / Australia
FIRST QUARTER RESULTS AND KEY INITIATIVES — EUROPE / AUSTRALIA Europe ◼ First-quarter sales totaled 43,000 units (up 12% year on year). Adding the new CX-5 and Mazda6e —the first battery EV jointly developed with Changan Automobile—enriched the lineup and contributed significantly to volume growth ◼
Slide 24: First Quarter Results and Key Initiatives — China / Other Markets
FIRST QUARTER RESULTS AND KEY INITIATIVES — CHINA / OTHER MARKETS China ◼ First-quarter sales totaled 18,000 units (up 1% year on year). The increase was driven by the EZ-60—the second electric vehicle jointly developed with Changan Automobile, introduced last year—as well as the CX-5 ◼ Building sal
Slide 25: Change in Operating Income (vs. FY March 2026)
CHANGE IN FY MARCH 2027 OPERATING INCOME (vs. FY MARCH 2026) Foreign Cost (Billion Yen) Exchange Raw Material, Growth Improvement +79.8 Logistics Costs, etc. Investment +77.6 Fixed Costs, Volume & Other Mix 150.0 +69.8 -30.5 -16.6 -81.7 51.6 FY March FY March 2026 Change from Previous Year +98.4 202
Slide 26: Dividend Payment
DIVIDEND PAYMENT Dividends Per Share (Yen) 60 Interim Dividend Year-end Dividend Special Dividend 5 55 55 55 45 30 30 30 30 35 35 35 35 30 25 20 20 20 20 15 20 25 25 25 25 20 20 15 15 15 15 15 0 FY March 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 (Forecast) M A Z DA M OTO R CO R P O
Slide 27: First Quarter Consolidated Wholesales Volume Results
FY MARCH 2027 FIRST QUARTER CONSOLIDATED WHOLESALES VOLUME RESULTS Change from (Thousand Units) FY March 2026 FY March 2027 Previous Year First Quarter First Quarter First Quarter Consolidated Wholesales Japan 35 33 -2 -6% North America 142 159 +17 +12% Europe 30 32 +2 +5% Other Markets 58 56 -2 -3%
Slide 28: Full Year Consolidated Wholesales Volume Forecast
FY MARCH 2027 FULL YEAR CONSOLIDATED WHOLESALES VOLUME FORECAST Change from Change from (Thousand Units) FY March 2026 FY March 2027 Previous Year May Forecast Full Year Full Year Full Year Full Year Consolidated Wholesales Japan 142 148 +5 +4% - North America 581 632 +51 +9% - Europe 169 184 +15 +9
Slide 29: Exchange Rates (Averages During the Year)
EXCHANGE RATES (AVERAGES DURING THE YEAR) Change from Change from (Yen) FY March 2026 FY March 2027 Previous Year May Forecast Full Year Full Year Full Year Full Year US Dollar 151 155 +4 - Euro 175 180 +5 - Canadian Dollar 109 114 +5 - Australian Dollar 100 112 +12 - British Pound 202 208 +6 - Thai
Slide 30: Disclaimer
DISCLAIMER The projections and future strategies described in this presentation are based on various uncertainties including but not limited to conditions of the world economy in the future, trends in the automotive industry, and the risk of exchange rate fluctuations. Consequently, Mazda's actual p