SLIDE 1
FISCAL YEAR MARCH 2017 FIRST QUARTER FINANCIAL RESULTS
1 Mazda Motor Corporation
2 Mazda Motor Corporation
HIGHLIGHTS
3 Mazda Motor Corporation
PRESENTATION OUTLINE Highlights Fiscal Year March 2017 First - - PDF document
PRESENTATION OUTLINE Highlights Fiscal Year March 2017 First - - PDF document
FISCAL YEAR MARCH 2017 FIRST QUARTER FINANCIAL RESULTS PRESENTATION OUTLINE Highlights Fiscal Year March 2017 First Quarter Results Fiscal Year March 2017 Full Year Forecast Progress of Key Initiatives Mazda Motor Corporation 1
SLIDE 2
SLIDE 3
4 Mazda Motor Corporation
FISCAL YEAR MARCH 2017 FIRST QUARTER RESULTS
5 Mazda Motor Corporation
FY MARCH 2017 GLOBAL SALES VOLUME
SLIDE 4
6 Mazda Motor Corporation
First Quarter Sales Volume
JAPAN
57 39 30 60 (000) (31)%
FY March 2016 FY March 2017
Mazda6/Atenza
Sales were 39,000 units, down 31% year-on-year Market share was 3.6%, down 1.6 points year-on-year . Registered vehicle market share was 4.2%, down 2.8 points year-
- n-year
Sales volume dropped because last year’s new model effect for Demio and CX-3 wore off Launched updated Axela with G-Vectoring Control, the first of the SKYACTIV-VEHICLE DYNAMICS new-generation vehicle motion control technologies, in July
7 Mazda Motor Corporation
NORTH AMERICA
50 100 (2)% 116 113 81 35 32 81 (000)
FY March 2016 FY March 2017
New CX-9 Canada & Others USA
First Quarter Sales Volume Sales were 113,000 units, down 2% year-on-year USA: Sales were 81,000 units,
- n par with last year
- New CX-9, launched in May,
got off to a smooth start
- CX-3 and New MX-5
contributed to sales Mexico: Sales were 11,000 units, down 16% year-on-year , as the sales environment deteriorated due to exchange rate actions, etc.
SLIDE 5
8 Mazda Motor Corporation CX-5 5 5 49 61 30 60 54 66
EUROPE
+22% +25% (13)% (000)
FY March 2016 FY March 2017
Europe (Excl. Russia) Russia
First Quarter Sales Volume Sales were 66,000 units, up 22% year-on-year Strong sales of CX-3 and New MX-5 contributed to sales growth Sales in Europe excluding Russia grew 25% year-on-year to 61,000 units, far outpacing
- verall demand growth
- Germany: 16,000 units, up 17%
year-on-year
- UK: 9,000 units, up 4% year-on-
year Sales in Russia were 5,000 units, down 13% year-on-year due to declining demand and a weak ruble
9 Mazda Motor Corporation
CHINA
57 59 30 60 3% (000)
FY March 2016 FY March 2017
New CX-4
First Quarter Sales Volume Sales were 59,000 units, up 3% year-on-year New CX-4 was fully launched in June and is selling well Mazda3 led sales, thanks in part to the continued compact car tax reduction scheme Updated CX-5 continued to contribute to sales volume
SLIDE 6
10 Mazda Motor Corporation
OTHER MARKETS
50 100 86 98 22 28 31 27 +14% 36 40 (000)
FY March 2016 FY March 2017
Others Australia ASEAN CX-3
First Quarter Sales Volume Sales were 98,000 units, up 14% year-on-year Australia: Sales were 31,000 units, up 8% year-on-year and market share was 9.8%
- Second highest-selling brand
- CX-3 and CX-5 are the best
sellers in their segments ASEAN: Sales were 27,000 units, up 20% year-on-year
- In Thailand, sales increased
16% year-on-year
- In Vietnam, sales increased
86% year-on-year Others: New Zealand and Saudi Arabia achieved record-high sales
11 Mazda Motor Corporation
FY MARCH 2017 FINANCIAL METRICS
SLIDE 7
12 Mazda Motor Corporation
OPERATING PROFIT CHANGE
53.3
+ 11.3 (33.9) + 14.3 + 2.5 + 4.9
52.4
30 60 90 FY March 2017
Change from Prior Year (0.9)
USD EUR CAD AUD GBP Other (4.7) (6.0) (2.8) FY March 2016 (5.4) (7.5) (7.5)
FY March 2017 1st Quarter vs. FY March 2016 1st Quarter
(Deterioration) Improvement
(Billion yen)
Volume & Mix Exchange Cost Improvement Marketing Expense Other Improve profitability with new CX-9 and new MX-5 Improve profitability with new CX-9 and new MX-5
13 Mazda Motor Corporation
FISCAL YEAR MARCH 2017 FULL YEAR FORECAST
SLIDE 8
14 Mazda Motor Corporation
FY MARCH 2017 GLOBAL SALES VOLUME
15 Mazda Motor Corporation
FY MARCH 2017 FINANCIAL METRICS
SLIDE 9
16 Mazda Motor Corporation
PROGRESS OF KEY INITIATIVES
17 Mazda Motor Corporation
PROGRESS OF KEY INITIATIVES
Updated Mazda3
Expand and continue to advance the SKYACTIV lineup
- Introduced New CX-9 in North America and New CX-4 in China
and both models are off to a good start
- Launched in July, updated Mazda3 features G-Vectoring
Control, the first of the SKYACTIV-VEHICLE DYNAMICS new-generation vehicle motion control technologies
- A series of updated models will follow Mazda3, and efforts
to enhance sales and strengthen the brand will continue
SLIDE 10
18 Mazda Motor Corporation
PROGRESS OF KEY INITIATIVES
Global production footprint
- Good progress in efforts to maximize production efficiency,
including preparing for CX-3 production at Hofu Plant
Global alliances
- Reached an OEM supply agreement with Isuzu regarding
a next-generation pick-up truck
Refinanced the subordinated loan Business environment and financial forecast
- Carefully monitor changes in the business environment,
including economic trend in Japan and overseas and exchange rate fluctuations
- Reinforce cost-improvement initiatives and control
fixed costs to counter the impact of exchange rates
19 Mazda Motor Corporation
SLIDE 11
20 Mazda Motor Corporation
APPENDIX
21 Mazda Motor Corporation
CASH FLOW AND NET DEBT
*Reflecting “equity credit attributes” of the subordinated loan.
SLIDE 12
22 Mazda Motor Corporation
FY March 2017
244.3 270.3 230.5 271.2 215.1 291.0 304.6 284.6 277.3 281.4 144.0 183.8 180.6 166.6 154.1 126.7 135.8 151.6 143.7 125.6
300 600 900 858.8 806.0 847.3 894.5 776.2 (Billion yen)
REVENUE BY REGION
1Q 2Q 3Q 4Q 1Q
FY March 2016
Japan North America Europe Other
23 Mazda Motor Corporation 693.5 775.8 728.9 727.7 662.8 59.0 61.8 61.6 61.8 57.3 53.5 56.9 56.8 69.3 56.1
300 600 900 (Billion yen) 776.2 806.0 894.5 847.3 858.8
REVENUE BY PRODUCT
1Q 2Q 3Q 4Q 1Q
Parts Other Vehicles / Parts for Overseas Production
FY March 2017 FY March 2016
SLIDE 13
24 Mazda Motor Corporation
(4)% 6% (10)%
(12)% (7)% (2)% 3% 8%
Total Volume & Mix Exchange
REVENUE CHANGE
Japan (6)% Overseas 12% FY March 2017 776.2 FY March 2016 806.0
FY March 2017 1st Quarter vs. FY March 2016 1st Quarter
(Billion yen)
25 Mazda Motor Corporation
GLOBAL SALES VOLUME AND CONSOLIDATED WHOLESALES
SLIDE 14
26 Mazda Motor Corporation
GLOBAL SALES VOLUME AND CONSOLIDATED WHOLESALES
27 Mazda Motor Corporation
FY March 2017 OPERATING PROFIT CHANGE
226.8
+ 18.0 (81.0) + 31.0 (4.0) (20.8)
170.0
100 200 300
FY March 2016 FY March 2017
Change from Prior Year (56.8)
【Volume & Mix / Exchange rates】 Improve profitability by introducing new models including new CX-9 and updated models. Mitigate exchange impact by market mix management for better profitability and pricing action 【Cost Improvement】 Reinforce cost improvements for new products and overseas plants through Monotsukuri Innovation 【Other】 Increase of R&D for future growth and depreciation of new plants and new product facility investment
【Exchange】 USD CAD GBP (15.6) (12.9) (11.0) (14.9) (13.8) (12.8) EUR AUD Other
(Billion yen)
Volume & Mix Exchange Cost Improvement Marketing Expense Other (Deterioration) Improvement
SLIDE 15
28 Mazda Motor Corporation
EXCHANGE RATES
29 Mazda Motor Corporation
16.7 13.3 19.2 19.5 27.0 28.9 50 100 150
KEY DATA
Capital Expenditures
(Billion yen)
FY March 2016
Depreciation Cost R&D Cost Full Year 1Q 1Q 1Q
105.0 79.0 83.0 116.6 125.0 89.2
Full Year Full Year
FY March 2017 FY March 2016 FY March 2017 FY March 2016 FY March 2017
SLIDE 16
30 Mazda Motor Corporation
DISCLAIMER
The projections and future strategies shown in this presentation are based on various uncertainties including without limitation the conditions of the world economy in the future, the trend of the automotive industry and the risk of exchange-rate fluctuations. So, please be aware that Mazda's actual performance may differ substantially from the projections. If you are interested in investing in Mazda, you are requested to make a final investment decision at your
- wn risk, taking the foregoing into consideration.