Mazda reports FY26 H1 net loss on US tariffs

Japanese automaker Mazda Motor Corporation has reported a 6% diminution successful planetary revenues to JPY2,238.5 cardinal successful the successful the archetypal fractional of the existent fiscal twelvemonth (FY26), betwixt April and September. It besides incurred an operating nonaccomplishment of JPY53.9 cardinal compared with an operating nett of JPY103 cardinal a twelvemonth earlier, which the automaker blamed connected the instauration of import tariffs successful the US successful April.

Mazda reported a nett nonaccomplishment of JPY7.8 cardinal successful the 2nd 4th of the fiscal year, betwixt July and September, but said it would person breached adjacent had it not been for the US import tariffs. The institution incurred a nett nonaccomplishment of JPY45.3 cardinal successful the archetypal fractional of FY26, compared with a nett net of JPY35.3 cardinal a twelvemonth earlier.

Global conveyance accumulation fell by 8% to 555,000 vehicles successful the April-September six-month period, down from 603,000 units a twelvemonth earlier, portion planetary conveyance income fell by 3% to 609,000 units. Sales successful the US fell by 2% to 209,000 units and income successful Europe plunged by 17% to 74,000 units, portion income successful Japan roseate by 6% to 68,000 units.

Mazda said it expects planetary revenues to autumn by 2% to JPY4,900 cardinal successful the afloat FY26 fiscal year, with conveyance income declining conscionable somewhat to 1.3 cardinal units. The institution said it expects to marque an operating nett of JPY104 cardinal successful the 2nd fractional of the year, resulting successful full-year operating nett of JPY50 cardinal and nett net of JPY20 billion.

"Mazda reports FY26 H1 nett nonaccomplishment connected US tariffs" was primitively created and published by Just Auto, a GlobalData owned brand.

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