Mazda stops results forecasts for Trump tariffs • Business • Forbes Mexico

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The Japanese automobile manufacturer Mazda published on Monday his annual financial report of the last fiscal year, concluded on March 31, in which he refrained from issuing forecasts for the current exercise of 2025, given the difficulty of properly assessing the impact of US tariffs.

“Since Mazda’s business environment is still uncertain due to factors such as tariff policies of the US government, it is difficult to adequately predict financial results at this time,” said the company, which said it will announce its estimates “when possible to establish a reasonable forecast.”

Only last April, the first month of its current fiscal year, the impact is estimated between 9,000 and 1,000 million yen, said the president of the firm, Masahiro Moro, during the presentation of the results.

“The perspectives are extremely confusing and it is difficult to make a clear forecast,” Moro added, according to statements collected by the Nikkei Economic newspaper.

Mazda is one of the automobile Japanese manufacturers most affected by the rise of 25% of tariffs on US imports of foreign vehicles, which adds to the 2.5% tax that already affected companies by virtue of their status as a most favored nation by the North American country.

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The firm exports from abroad 80% of the vehicles it sells in the United States, half from Japan, which some analysts have predicted that could cost it to incur operational losses following the measure.

For now, Mazda reported today that his net benefit fell 45.1% year -on -year in his most recent year, which lasted from April 2024 to March 31, to 114,079 million yen (about 700 million euros), and that his operational gain was reduced by 25.7%, to 186,125 million yen ..

This benefit cut occurred despite a 4% increase in manufacturer’s sales, up to 5.02 billion yen.

Mazda said that the volume of vehicle sales increased by 5% year -on -year, up to 1,303,000 units, driven by solid performance in North America, where it registered a record volume of sales in the markets of the United States and Mexico.

Only in the EU Mazda’s sales grew by 15.9% compared to the previous year, with 435,000 units marketed, while the increase for North America was 20%.

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In the rest of markets, Mazda sales fell: 5.2% in Japan, 3.4% in Europe, 1.1% in Australia and 23.1% in China.

Japan has been asking the administration of President Donald Trump that the exempt of all the tariff increases that has been imposing, with special emphasis on those of the engine.

The engine represents about 30% of all Japanese exports to Japan.

With EFE information

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