OREANDA-NEWS. Mazda Motor Corporation Reports Consolidated Financial Results for the Third Quarter of the Fiscal Year Ending March 31, 2014

For the first nine months of the Fiscal Year ending March 31, 2014 (April 1, 2013 through December 31, 2013), global retail volume of the Mazda Group increased by 6.7% year-over-year to 953 thousand units; mainly due to the combination of the strong sales of "Mazda CX-5" and "Mazda Atenza (called Mazda6 in overseas markets)", both equipped with new generation technology, "SKYACTIV TECHNOLOGY (hereinafter referred to as "SKYACTIV"), and the further acceleration of sales momentum of SKYACTIV-equipped models through the introduction of all-new "Axela (called Mazda3 in overseas markets)", our highest volume selling model.

Retail volume by market was as follows. In Japan, retail volume increased by 8.0% year-over year to 162 thousand units, mainly due to the strong sales of "CX-5" and "Atenza" as well as the introduction of all-new "Axela". In North America, retail volume increased by 7.0% year-over-year to 289 thousand units due to the sales increase in U.S, where "CX-5" and "Mazda6" were good in demand, and in Mexico, where achieved record sales for the first nine months. In Europe, although total demand stayed at the same level as in the previous fiscal year, retail volume increased by 21.0% year-over-year to 144 thousand units due to the strong sales in major countries like Germany, Russia, and U.K. In China, retail volume increased by 9.3% to 141 thousand units due to the strong sales of locally-produced "CX-5". In other areas, despite the high level of sales maintained in Australia, retail volume decreased by 3.6% year-over-year to 217 thousand units, mainly due to decrease in sales in Thailand, where total demand stayed stagnant.

As a result of increase in sales volume of the "SKYACTIV" models in global markets and ongoing cost improvements, as well as the correction of yen appreciation against major currencies, the consolidated financial results for the first nine months of the Fiscal Year ending March 31, 2014 were as follows.

Net sales increased by JPN 405.1 billion (up 26.4%) year-over-year to JPN  1,940.2 billion. Operating results increased by JPN 105.0 billion (up 534.4%) year-over-year to a profit of JPN 124.6 billion. Ordinary results increased by JPN 71.7 billion (up 335.3%) year-over-year to a profit of JPN 93.1 billion. Net results increased by JPN 51.8 billion (up 202.8%) year-over-year to a profit of JPN 77.4 billion.

Financial results by reportable segment for the first nine months of the Fiscal Year ending March 31, 2014 were as follows. In Japan, net sales increased by JPN 308.1 billion (up 23.0%) year-over-year to JPN 1,646.7 billion and segment income (operating income) increased by JPN 77.0 billion (up 151.0%) to JPN 128.0 billion.