Mazda back to full Production in June, announces Financial Forecasts
• Mazda returns to full production from June in Japan
• Forecasts positive financial results for current fiscal year
• SKYACTIV technology and new design language to be launched as planned
Leverkusen, 28 June 2011. Mazda Motor Corporation has announced that its assembly plants in Japan are once again at normal operational levels, including overtime and holiday shifts. The company predicts it will be able to achieve a domestic production volume of 900,000 units during the current fiscal year (April 2011-March 2012).
Mazda also announced its financial forecast, predicting sales revenue of 2.19 trillion yen based on a global sales target of 1.305 million units for the period April 2011 through March 2012. This is up slightly over last year’s global sales result and translates into a predicted operating profit of 20 billion yen and a net income of 1 billion yen. These positive forecasts are based on several factors including a continuation of cost reductions and the upcoming launch of the first of Mazda’s next-generation vehicles that combine breakthrough SKYACTIV technology with an exciting new design language, KODO – the Soul of Motion.
“Our return to normal production in Japan testifies to the courage and ingenuity of the Japanese people and our colleagues there,” said Jeff Guyton, President and CEO Mazda Motor Europe” “This puts us in a strong position to sustain and grow our business in Europe, recognizing both the great line-up we have in showrooms today, and also the superb new vehicles coming with SKYACTIV Technology.”