Mazda posts record Q1 sales and profit turnaround on CX‑5 surge

Mazda Motor Corp announced its FY2027 first‑quarter results, reporting consolidated sales of ¥1.2857 trillion, a 17 % year‑on‑year increase and the highest ever for a Q1. Operating profit rose to ¥328 billion and net profit to ¥296 billion, reversing a loss recorded in the same period last year. The rebound was attributed to strong global demand for the newly revised Mazda CX‑5, which lifted total shipments to 304,000 units, with North America up 5 % to 154,000 units, Europe up 12 % to 43,000 units and Japan up 3 % to 33,000 units. Despite an estimated ¥30 billion tariff burden in the United States, the company cited a favorable yen‑depreciation effect, a ¥434 billion contribution from higher sales and a ¥413 billion foreign‑exchange gain, alongside ongoing cost‑reduction programmes targeting ¥2 trillion in variable and fixed‑cost cuts. Mazda also noted that Middle‑East shipment delays caused by regional tensions were largely resolved by July. The FY2027 outlook remains unchanged, with a sales target of ¥5.5 trillion, operating profit of ¥1.5 trillion and net profit of ¥900 billion.