Interim report
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Consolidated Financial Results For the First Quarter of the Fiscal Year Ending March 31, 2027 (For the First Three Months Ended June 30, 2026) Prepared in Conformity with Generally Accepted Accounting Principles in Japan English Translation from the Original JapaneseLanguage Document August 4, 2026 Company Name : Mazda Motor Corporation (Tokyo Stock Exchange / Code No. 7261) URL : https://www.mazda.com/en/ Representative Person : Masahiro Moro, Representative Director and President Contact Person : Keiji Watanabe, General Manager, Accounting Department, Financial Services Division Phone +81822821111 Payment of Dividends : Supplementary Material : Yes Briefing Session : Yes (Intended for securities analysts, institutional investors and media) (Amounts are rounded to the nearest million yen, except per share figures) 1. Consolidated Financial Highlights (April 1, 2026 through June 30, 2026) (1) Consolidated Financial Results (Percentage indicates change from same period of the previous fiscal year) Net Sales Operating Income Ordinary Income Net Income Attributable to Owners of the Parent millions of yen % millions of yen % millions of yen % millions of yen % FY2027 1st quarter 1,285,706 16.9 32,836 42,843 29,630 FY2026 1st quarter 1,099,770 (8.8) (46,115) (34,255) (42,104) Note: Comprehensive income FY2027 1st quarter 31,752 millions of yen ( %) FY2026 1st quarter (53,033) millions of yen ( %) Basic Earnings Per Share Diluted Earnings Per Share yen yen FY2027 1st quarter 46.97 46.95 FY2026 1st quarter (66.79) (2) Consolidated Financial Position Total Assets Net Assets Equity Ratio As of millions of yen millions of yen % June 30, 2026 4,434,293 1,937,617 43.3 March 31, 2026 4,479,493 1,924,950 42.5 Reference: Net Assets excluding noncontrolling interests As of June 30, 2026 1,917,886 millions of yen As of March 31, 2026 1,905,559 millions of yen 2. Dividends Dividends Per Share 1st Qtr. 2nd Qtr. 3rd Qtr. Year End FullYear yen yen yen yen yen FY2026 25.00 30.00 55.00 FY2027 FY2027 (Forecast) 25.00 30.00 55.00 Note: Revisions to the most recently announced dividend forecast: None 3. Consolidated Financial Forecast (April 1, 2026 through March 31, 2027) (Percentage indicates change from the previous fiscal year) Net Sales Operating Income Ordinary Income Net Income Attributable to Owners of the Parent Basic Earnings Per Share millions of yen % millions of yen % millions of yen % millions of yen % yen FY2027 Full Year 5,500,000 11.8 150,000 190.8 140,000 6.2 90,000 156.5 142.67 Note: Revisions to the most recently announced consolidated financial forecast: None
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Notes: (1) Significant changes in the scope of consolidation during the period: None (2) Application of accounting treatment specific to preparation of quarterly consolidated financial statements:None (3) Changes in accounting policies / Changes in accounting estimates / Restatement: 1) Changes in accounting policies due torevisionsof accounting standards : None 2) Changes in accounting policies other than1) : None 3) Changes in accounting estimates : None 4) Restatement : None (4) Number of sharesissued(Common stock) 1) Number of sharesissued(including treasury stock) As of June 30, 2026 631,803,979 shares As of March 31, 2026 631,803,979 shares 2) Number of treasury stock As of June 30, 2026 996,926 shares As of March 31, 2026 1,024,049 shares 3) Average number of sharesoutstanding For 3 months ended June 30, 2026 630,800,328 shares For 3 months ended June 30, 2025 630,369,629 shares Review of the Japanese -language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm:None Cautionary statement regarding forward-looking statements and other notes The financial forecast and other descriptions of the future presented in this document are an outlook based on our judgments and projections. The judgments and projections are based on information presently available. As such, the financial forecast and future descriptions are subject to uncertainties and risks and are not contemplated to ensure the fulfillment thereof. Accordingly, the actual financial performance may vary significantly due to various factors. For detail such as precondition of the financial forecast, please refer to “1. Overview of Consolidated Business Results, etc . for the Quarterly Period (3) Future Estimates such as Consolidated Financial Forecast” on page 4of the attachment.
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1 ATTACHMENT Table of Contents 1. Overview of Consolidated Business Results, etc. for the Quarterly Period............................................2 (1) Overview of Consolidated Business Results.........................................................................................2 (2) Overview of Consolidated Financial Position and Cash Flows..........................................................3 (3) Future Estimates such as Consolidated Financial Forecast................................................................3 2. Quarterly Consolidated Financial Statements and Major Footnotes......................................................4 (1) Quarterly Consolidated Balance Sheets...............................................................................................4 (2) Quarterly Consolidated Statements of Operations and Comprehensive Income.............................6 (3) Quarterly Consolidated Statements of Cash Flows.............................................................................8 (4) Footnotes to the Quarterly Consolidated Financial Statement........................................................10 Noteson the Assumptions as Going Concern................................ ................................ ...............10 Significant Changes in the Amount of Equity................................ ................................ ..............10 Additional Information................................ ................................ ................................ ...............12 Segment Information................................ ................................ ................................ ..................12 Significant Subsequent Events................................ ................................ ................................ ....12 (Reference) Financial Summary (Consolidated)For the First Quarter of the Fiscal Year Ending March 31, 2027
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2 1. Overview of Consolidated Business Results, etc. for the Quarterly Period (1) Overview of Consolidated Business Results (Global Sales) Global sales volume for the first three months of the fiscal year ending March 31, 2027 was 304 thousand units, up 1.2% year on year, reflecting increasedsales in major markets, including North America and Europe. (In thousands of units) FY 2026 First 3 Months (Apr.’25Jun.’25) FY 2027 First 3 Months (Apr.’26Jun.’26) vs. Prior Year Volume Rate (%) Japan 32 33 1 2.7 North America 147 154 7 4.8 Europe 39 43 5 11.6 China 18 18 0 0.5 Other 65 56 (9) (14.0) Total 301 304 4 1.2 <Breakdown> USA 100 107 7 7.4 (Consolidated Financial Results) Financial performance on a consolidated basis for the first three months of the fiscal year ending March 31, 2027was as follows. Net sales amounted to ¥1,285.7 billion, an increase of ¥185.9 billion or 16.9% from the same period in the previous fiscal year. Operating income amounted to ¥32.8billion, compared with an operating loss of ¥46.1billionin the same period of the previous fiscal year.Ordinary income amounted to ¥42.8billion, compared with an ordinary loss of ¥34.3billionin the same period of the previous fiscal year. Net income attributable to owners of the parent amounted to ¥29.6 billion, compared with a loss of ¥42.1 billionin the same period of the previous fiscal year,reflecting income taxesof ¥9.9 billion and otherfactors. Operating income changes (an increase of ¥78.9billion from the sameperiod in the previous fiscal year)were as follows. Volume & mix 43.4 billion yen Exchange rate 41.3 billion yen Raw material, logistics costs, etc. (24.0) billion yen Cost improvement 15.7 billion yen Growth investment (9.8) billion yen Fixed costs and others 12.3 billion yen Total 78.9 billion yen
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3 (2) Overview of Consolidated Financial Position and Cash Flows (Assets, Liabilities and Net Assets) As of June 30, 2026, total assets decreased by ¥45.2 billion from the end of the previous fiscal year, to ¥4,434.3 billion. Total liabilities decreased by ¥57.9 billion from the end of the previous fiscal year to ¥2,496.7 billion. Net Assets as of June 30, 2026 increased by ¥12.7billion from the end of the previous fiscal year to ¥1,937.6billion, mainly reflecting net income attributable to owners of the parent of ¥29.6 billion. Equity ratio increased by 0.7 percentage points from the end of the previous fiscal year to 43.3% (Percentage after consideration of the equity credit attributes of the subordinated loan was 44.0%). (Cash Flows) Cash and cash equivalent as of June 30, 2026 decreased by ¥78.4 billion from the end of the previous fiscal year to ¥1,214.8 billion. Interestbearing debt as of June 30, 2026decreased by ¥7.2billion from the end of previous fiscal year to ¥842.9 billion. As a result, we arein a net cash position of ¥371.9billion. Cash flows for the first three months of the fiscal year ending March 31, 2027by activities were as follows. Cash flows from operating activities Net cash used in operating activities was ¥40.6 billion, compared with ¥141.1 billion used in operating activities in the same period of the previous fiscal year, despite income before income taxes of ¥39.9 billion, reflecting an increase in inventories and other factors. Cash flows from investing activities Net cash used in investing activities was ¥28.6billion,compared with¥44.3 billion provided by investing activities in the same period of the previous fiscal year,mainly reflecting capital expenditure for the purchase of property, plant and equipment. As a result, consolidated free cash flow (net of operating and investing activities) was negative ¥69.2 billion, compared with consolidated free cash flow ofnegative ¥96.8billionin the same period in the previous fiscal year. Cash flows from financing activities Net cash used in financing activities was ¥27.5billion,compared with ¥25.7 billion net cash used in financing activities,mainly reflecting payments of dividends and repayments of longterm loans payable. (3) Future Estimates such as Consolidated Financial Forecast The fullyear consolidated financial forecast for the fiscal year ending March 31, 2027 remains unchanged from the forecast announced on May 12, 2026.
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4 2. Quarterly Consolidated Financial Statements and Major Footnotes (1) Quarterly Consolidated Balance Sheets (Millions of Yen) FY2026 FY2027 As of March 31, 2026 June 30, 2026 ASSETS Current Assets: Cash and deposits 1,083,696 1,074,333 Trade notes and accounts receivable 183,829 176,244 Securities 209,500 140,500 Inventories 696,071 753,717 Other 276,857 249,188 Allowance for doubtful receivables (603) (643) Total current assets 2,449,350 2,393,339 Noncurrent Assets: Property, plant and equipment: Buildings and structures (net) 217,270 217,934 Machinery, equipment and vehicles (net) 416,831 415,463 Land 425,619 425,841 Leased assets (net) 32,624 31,646 Other (net) 141,775 133,874 Total property, plant and equipment 1,234,119 1,224,758 Intangible assets: 74,070 73,839 Investments and other assets: Investment securities 316,060 305,813 Asset for retirement benefits 150,798 152,990 Other 255,342 283,798 Allowance for doubtful receivables (246) (244) Total investments and other assets 721,954 742,357 Total noncurrent assets 2,030,143 2,040,954 Total Assets 4,479,493 4,434,293
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5 (Millions of Yen) FY2026 FY2027 As of March 31, 2026 June 30, 2026 LIABILIRIES Current Liabilities: Trade notes and accounts payable 528,679 509,923 Shortterm loans payable 31,059 35,336 Bonds due within one year 20,000 20,000 Longterm loans payable due within one year 55,386 122,358 Lease obligations 8,434 8,654 Income taxes payable 41,990 43,568 Accrued expenses 499,102 495,606 Reserve for warranty expenses 179,209 177,364 Provision for loss on production termination 2,246 2,246 Provision related to environmental regulations 17,577 16,609 Other 229,934 195,739 Total current liabilities 1,613,616 1,627,403 Noncurrent Liabilities: Bonds 105,000 105,000 Longterm loans payable 622,300 544,298 Lease obligations 27,350 26,181 Deferred tax liability related to land revaluation 66,246 66,246 Provision for loss on production termination 1,020 1,020 Provision related to environmental regulations 23,311 27,765 Liability for retirement benefits 58,613 59,991 Other 37,087 38,772 Total noncurrent liabilities 940,927 869,273 TotalLiabilities: 2,554,543 2,496,676 NET ASSETS Capital and Retained Earnings: Common stock 283,957 283,957 Capital surplus 262,954 262,948 Retained earnings 952,082 962,788 Treasury stock (1,109) (1,080) Total capital and retained earnings 1,497,884 1,508,613 Accumulated Other Comprehensive Income/(Loss): Net unrealized gain/(loss) on availableforsalesecurities 59,786 50,001 Deferred gains/(losses) on hedges 379 328 Land revaluation 143,459 143,459 Foreign currency translation adjustment 137,450 150,540 Accumulated adjustments for retirement benefits 66,601 64,945 Total accumulated other comprehensive income/(loss) 407,675 409,273 Stock Acquisition Rights 340 317 Noncontrolling Interests 19,051 19,414 Total noncurrent liabilities 1,924,950 1,937,617 Total Liabilities and Net Assets 4,479,493 4,434,293
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6 (2) Quarterly Consolidated Statements of Operations and Comprehensive Income Quarterly Consolidated Statements of Operations (For the first three months ended June 30, 2025and 2026) (Millions of Yen) FY2026 FY2027 For the first three months ended June 30, 2025 June 30, 2026 Net sales 1,099,770 1,285,706 Cost of sales 931,521 1,031,573 Gross profit 168,249 254,133 Selling, general and administrative expenses 214,364 221,297 Operating income/(loss) (46,115) 32,836 Nonoperating income Interest income 5,731 7,424 Equity in net income of affiliated companies 4,160 4,183 Foreign exchange gain 5,574 5,733 Other 1,974 1,543 Total 17,439 18,883 Nonoperating income Interest expense 2,726 3,934 Loss on transfer of receivables 1,943 2,021 Other 910 2,921 Total 5,579 8,876 Ordinary income/(loss) (34,255) 42,843 Extraordinary income Gain on sales of property, plant and equipment 169 26 Total 169 26 Extraordinary losses Loss on sales and retirement of property, plant and equipment 1,055 1,377 Impairment loss 257 43 Loss on valuation of investment securities 32 1,556 Extra retirement expenses 7,510 Total 8,854 2,976 Income/(loss) before income taxes (42,940) 39,893 Income taxes Current 3,626 17,107 Deferred (4,552) (7,246) Total (926) 9,861 Net income/(loss) (42,014) 30,032 Net income attributable to Noncontrolling interests 90 402 Net income/(loss) attributable to owners of the parent (42,104) 29,630
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7 Quarterly Consolidated Statements of Comprehensive Income (For the first three months ended June 30, 2025and 2026) (Millions of Yen) FY2026 FY2027 For the first three months ended June 30, 2025 June 30, 2026 Net income/(loss) (42,014) 30,032 Other comprehensive income Net unrealized gain/(loss) on availableforsale securities (3,698) (9,784) Foreign currency translation adjustment (743) 12,447 Adjustments for retirement benefits (1,315) (1,642) Share of other comprehensive income/(loss) of affiliates accounted for using equity method (5,263) 699 Total (11,019) 1,720 Comprehensive income (53,033) 31,752 Comprehensive income attributable to: Owners of the parent (52,944) 31,228 Noncontrolling interests (89) 524
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8 (3) Quarterly Consolidated Statements of Cash Flows (Millions of Yen) FY2026 FY2027 For the first three months ended June 30, 2025 June 30, 2026 Cash flows from operating activities: Income/(loss) before income taxes (42,940) 39,893 Depreciation and amortization 29,016 30,796 Impairment loss 257 43 Loss/(gain) on valuation of investment securities 32 1,556 Extra retirement expenses 7,510 Increase/(decrease) in allowance for doubtful receivables (123) 39 Increase/(decrease) in reserve for warranty expenses (2,490) (2,589) Increase/(decrease) in provision for loss on production termination (12,535) Increase/(decrease) in provision related to environmental regulations 14,759 3,514 Net changes in asset and liability for retirement benefits (2,456) (3,131) Interest and dividend income (5,917) (7,587) Interest expense 2,726 3,934 Equity in net loss/(income) of affiliated companies (4,160) (4,183) Loss/(gain) on sales and retirement of property, plant and equipment 886 1,351 Decrease/(increase) in trade notes and accounts receivable 11,397 8,666 Decrease/(increase) in inventories (15,396) (50,792) Decrease/(increase) in other current assets (10,071) 32,988 Decrease/(increase) in investments and other assets (28,723) (19,221) Increase/(decrease) in trade notes and accounts payable (43,486) (21,151) Increase/(decrease) in other current liabilities (31,995) (37,354) Other (4,905) (4,381) Subtotal (138,614) (27,609) Interest and dividends received 11,823 11,630 Interest paid (2,865) (4,482) Extra retirement payments (1,455) Income taxes refunded/(paid) (11,441) (18,636) Net cash provided by/(used in) operating activities (141,097) (40,552) Cash flows from investing activities: Net decrease/(increase) in time deposits 43,210 4 Net decrease/(increase) in securities 35,000 Purchase of property, plant and equipment (30,472) (28,024) Purchase of intangible assets (5,740) (4,531) Net decrease/(increase) in shortterm loans receivable (4,169) 3,770 Other 6,451 150 Net cash provided by/(used in) investing activities 44,280 (28,631)
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9 (Millions of Yen) FY2026 FY2027 For the first three months ended June 30, 2025 June 30, 2026 Cash flows from financing activities: Net increase/(decrease) in shortterm loans payable 1,303 4,277 Proceeds from longterm loans payable 67,500 4,000 Repayments of longterm loans payable (73,357) (15,025) Proceeds from sale and leaseback transactions 6 8 Repayments of lease obligations (1,482) (1,605) Cash dividends paid (18,911) (18,924) Cash dividends paid to noncontrolling interests (802) (237) Net decrease/(increase) in treasury stock 30 Net cash provided by/(used in) financing activities (25,713) (27,506) Effect of exchange rate fluctuations on cash and cash equivalents 6,288 18,330 Net increase/(decrease) in cash and cash equivalents (116,242) (78,359) Cash and cash equivalents at beginning of the period 1,105,585 1,293,162 Cash and cash equivalents at end of the period 989,343 1,214,803
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10 (4) Footnotes to the Quarterly Consolidated Financial Statement Noteson the Assumptions as Going Concern None Significant Changes in the Amount of Equity None Additional Information Funding Through a New Subordinated Loan and Early Repayment of an Existing Subordinated Loan On July 21, 2026, Mazda Motor Corporation (the “Company”) raised funds through a new subordinated loan (the “Subordinated Loan”) and to make an early repayment of its existing subordinated loan (the “Existing Subordinated Loan”; together with the Subordinated Loan, collectively the “Refinancing”). The details are as follows. 1. Overview of the Subordinated Loan Loan Amount 70 billion yen Use of Proceeds To be applied to the repayment of the Existing Subordinated Loan Loan Execution Date July 21, 2026 Maturity date July 21, 2086 However, the Company may make early repayment of all or part of the principal on July 21, 2031or on any interest payment date thereafter,or upon the occurrence of any predefined early repayment events. Replacement restrictions The Company intends to raise financing recognized by rating institutions as having equity credit equal to or higher than that of the Subordinated Loan within the 12 months prior to the early repayment date. However, for early repayments made on or after Ju ly 21, 2031, if certain financial conditions are satisfied at the time of such early repayment, the Company may not be required to raise such financing. Interest payment Unless dividends on common stock are paid or certain other conditions are met, the Company may, at its discretion, defer all or part of the interest payments on the Subordinated Loan. Subordination In the event thatliquidation, bankruptcy, reorganization, rehabilitation, or any similar proceedings under the laws of any jurisdiction are commenced with respect to the Company and such proceedings continue, the right to receive payment under the Subordinated Loan shall become effective only after all senior obligations have been fully satisfied. No term of the agreement shall be amended to the disadvantage of other creditors in any respect. Equity credit ratingby a ratings institution Class 3 / 50%(Rating and Investment Information, Inc.) Lenders participating in the Subordinated Loan Sumitomo Mitsui Banking Corporation Sumitomo Mitsui Trust Bank, Limited Development Bank of Japan Inc. The Hiroshima Bank, Ltd. The Yamaguchi Bank, Ltd. Momiji Bank,Ltd.
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11 2. Details of Early Repayment of Existing Subordinated Loan Early repayment date July 21, 2026 Total amount of early repayment 70billion yen Reason for early repayment Pursuant to the early repayment clauseof the Existing Subordinated Loan (*) *: The repayment will be made on the initially designated optional early repayment date (the interest payment date on or afte r July 20, 2026), upon notice to all lenders. 3. Impact on Financial Results The impact on the Company’s consolidated financial results resulting from the raising of funds through this subordinated loan and the prepayment of existing subordinated loans is minimal.
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12 Segment Information I. FY2026First Three Months (April 1, 2025through June 30, 2025) 1) Net sales and Income or Loss by Reportable Segments (Millions of yen) FY2026First Three Months Ended June 30, 2025 Reportable Segments Adjustment (Note 1) Consolidated (Note 2)Japan North America Europe Other areas Total Net sales: External customers 213,458 601,104 151,317 133,891 1,099,770 1,099,770 Intersegment sales or transfers 535,701 73,036 7,433 15,572 631,742 (631,742) Total 749,159 674,140 158,750 149,463 1,731,512 (631,742) 1,099,770 Segment income/(loss) (64,215) (3,176) 3,776 4,273 (59,342) 13,227 (46,115) Notes: 1. The adjustment on segment income/(loss)is eliminations of intersegment transactions. 2. The segment income/(loss)is reconciled with the operating loss in the consolidated statement of operations for FY2026first three months ended June 30, 2025. 2) Impairment Loss on Property, Plant and Equipment and Goodwill by Reportable Segment Impairment losses on property, plant and equipment, gains from negative goodwill and changes in the amount of goodwill, that were material, were not recognized. Ⅱ. FY2027First Three Months (April 1, 2026through June 30, 2026) 1) Net sales and Income or Loss by Reportable Segments (Millions of yen) FY2027First Three Months Ended June 30, 2026 Reportable Segments Adjustment (Note 1) Consolidated (Note 2)Japan North America Europe Other areas Total Net sales: External customers 212,599 752,566 172,569 147,972 1,285,706 1,285,706 Intersegment sales or transfers 671,347 78,369 7,261 16,143 773,120 (773,120) Total 883,946 830,935 179,830 164,115 2,058,826 (773,120) 1,285,706 Segment income/(loss) (13,897) 41,157 6,114 6,563 39,937 (7,101) 32,836 Notes: 1. The adjustment on segment income/(loss)is eliminations of intersegment transactions. 2. The segment income/(loss)is reconciled with the operating income in the consolidated statement of operations for FY2027 first three months endedJune 30, 2026. 2) Impairment Loss on Property, Plant and Equipment and Goodwill by Reportable Segment Impairment losses on property, plant and equipment, gains from negative goodwill and changes in the amount of goodwill, that were material, were not recognized. Significant Subsequent Events None
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Financial Summary (Consolidated) For the First Quarter of the Fiscal Year Ending March 31, 2027 Mazda Motor Corporation (For the Three Months Ended June 30, 2026) (In 100 millions of yen) (In thousands of units) (Upper left: return on sales) % % % % 1 1,524 24.3 1,474 (3.3) 6,160 6.5 6,400 3.9 2 9,474 (12.5) 11,383 20.2 43,022 (3.1) 48,600 13.0 Net sales 3 10,998 (8.8) 12,857 16.9 49,182 (2.0) 55,000 11.8 (4.2%) 2.6% 1.0% 2.7% Operating income 4 (461) - 328 - 516 (72.3) 1,500 190.8 (3.1%) 3.3% 2.7% 2.5% Ordinary income 5 (343) - 428 - 1,318 (30.2) 1,400 6.2 (3.9%) 3.1% 1.2% 2.4% 6 (429) - 399 - 594 (61.9) 1,300 118.9 (3.8%) 2.3% 0.7% 1.6% 7 (421) - 296 - 351 (69.2) 900 156.5 Japan 8 (642) (139) (1,618) North America 9 (32) 412 1,675 Europe 10 38 61 180 Other areas 11 43 66 327 Operating income changes Volume & mix 12 434 698 Exchange rate 13 413 798 14 (240) (817) Cost improvement 15 157 776 Growth investment 16 (98) (305) Fixed costs and others 17 123 (166) Total 18 789 984 USD 19 145 160 151 155 EUR 20 164 185 175 180 Capital expenditures 21 225 200 1,200 1,500 Depreciation and amortization 22 290 308 1,211 1,200 R&D cost 23 445 400 1,609 1,600 Total assets 24 39,223 44,343 44,795 Net assets 25 17,205 19,179 19,056 Interest-bearing debt 26 6,996 8,429 8,501 Net cash 27 2,897 3,719 4,430 28 (968) (692) (6) Japan 29 32 10.5 33 2.7 144 (5.3) 153 6.1 North America 30 147 0.7 154 4.8 582 (5.7) 629 8.1 Europe 31 39 (20.8) 43 11.6 164 (6.0) 197 20.5 China 32 18 (2.3) 18 0.5 71 (4.0) 71 (0.6) Other 33 65 (3.1) 56 (14.0) 262 (8.2) 274 4.8 Global sales volume 34 301 (2.8) 304 1.2 1,223 (6.1) 1,324 8.3 Japan 35 35 22.0 33 (6.4) 142 4.9 148 3.7 North America 36 142 (7.7) 159 11.9 581 (9.6) 632 8.7 Europe 37 30 (24.6) 32 5.3 169 10.2 184 8.7 Other 38 58 (14.4) 56 (3.4) 254 (11.3) 270 6.2 Consolidated wholesales volume 39 266 (8.6) 280 5.3 1,147 (5.9) 1,233 7.5 40 167 (10.0) 188 12.5 735 (1.8) 41 109 (4.9) 108 (1.2) 430 (6.3) Global production volume 42 276 (8.0) 296 7.1 1,165 (3.5) Note: Global sales volume refers to the total retail units of Mazda-brand vehicles sold on a global basis. (Apr.'25-Mar.'26) August 4, 2026 (Apr.'25-Jun.'25) FY 2027 Full Year Forecast Average rate for the period (Yen) (Apr.'26-Mar.'27) Raw material, logistics costs, etc. Operating income by segment (geographic area) Net income attributable to owners of the parent Income before income taxes Overseas FY 2026 First 3 Months Domestic FY 2027 First 3 Months (Apr.'26-Jun.'26) FY 2026 Full Year Global production volume refers to the total volume of the units produced in the domestic plant and Mexico plant plus the units of Mazda-brand vehicles produced in other overseas plants (mainly in the U.S., China and Thailand). Domestic Overseas Free cash flow (Operating & Investing)