Mazda reports a 53.9 billion yen operating loss for the first half of fiscal year 2026 due to delayed import tariff negotiations between Japan and the U.S. The automaker expects a 2% drop compared to 2025 but anticipates break-even performance in the second half.

Mazda President & CEO Masahiro Moro highlights the varied pace of electric vehicle adoption globally. The company aims to enhance brand and corporate value through flexible market-driven approaches. Mazda is also researching CO2 capture technologies and carbon-neutral fuel production from microalgae.

U.S. tariff expenses, including a blend of 27.5% and 15% on exports from Japan, and 25% on exports from Mexico, caused a 97.1 billion yen profit hit for Mazda. Limiting vehicle wholesale volumes by 8% helped reduce profit loss to 54.9 billion yen for the first half of fiscal year.

Mazda projects global sales of 1.3 million units and net sales revenues of 4.9 trillion yen for fiscal year 2026. U.S. sales in the first half were down 2% from the previous year, but sales incentives remained below the industry average. The automaker plans to maximize the Mazda Toyota Manufacturing facility in Alabama for CX-50 sales, including the hybrid model.

Read more at Yahoo Finance: Mazda projects FY2026 loss, cites US tariff hit