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Mazda Motor in Japan financial year fell by 44.5%

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Mazda Motor in Japan financial year fell by 44.5%

Mazda Motor in Japan financial year fell by 44.5%, Net loss of one of the largest car manufacturers in Japan - "Mazda Motor" - for I quarter 2009-2010 financial year ending 30 June. was accounted for 21.52 billion yen ($ 229 million), while during the same period a year earlier the company gained a net profit of 14.98 billion yen ($ 159 million).

Sales of "Mazda Motor" for I quarter 2009-2010 financial year fell by 44.5% - up to 428.23 billion yen ($ 4.55 billion), compared with 771.83 billion yen ($ 8.2 billion) a year earlier. Operating loss for the period amounted to 27.98 billion yen ($ 297 million), while in the I quarter of 2008-2009 financial year the company received an operating profit of 28.26 billion yen ($ 300 million).

"Mazda" connects losses during the reporting period, in particular with the global economic crisis that led to falling demand for cars.

Remember, the net losses of the group "Nissan Motor Co." on the basis of I quarter 2009-2010 financial year amounted to 16.5 billion yen ($ 170 million) against a profit of 52.8 billion yen ($ 540 million) received during the same period a year earlier.

Profit before tax "Honda Motor Co." on the basis of I quarter 2009-2010 financial year fell by 97.6% - up to 5.46 billion yen ($ 57 million), compared with 224.22 billion yen ($ 2.36 billion) a year earlier. Sales volume "Honda Motor" for the reporting period decreased by 30.2% and amounted to 2 trillion yen ($ 21.03 billion), while in the I quarter of 2008-2009 fiscal year, sales totaled 2.87 trillion yen ($ 30.19 billion).

Also remember a net loss for the second-largest car manufacturer in Europe, "PSA Peugeot Citroen SA" in the first half of 2009 amounted to 962 million, while during the same period a year earlier the company gained a net profit of $ 733 million.

Tags: #Mazda