Mazda 2007 Annual Report Download - page 17
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The Mazda Advancement Plan sets four targets for fiscal 2010. The first, a global retail volume
of more than 1.6 million units, amounts to a 23% increase from our fiscal 2006 total. We will
achieve this goal by introducing new products and strengthening our operations in our core
markets. We will earn operating income of ¥200 billion or more, our second target, through
sustained product-led growth and by continuing to curtail costs. Our third target is a consolidated
operating income ratio of 6%, while continuing to make larger investments in research and devel-
opment and manufacturing efficiency. Finally, moving on from our goal of stable dividends, we
plan to steadily raise the payout ratio.
In support of Mazda’s efforts to achieve these goals, our long-term vision is defined by four
pillars: brand, product and technology, supply and manufacturing, and people. We are promoting
specific measures for each of these.
(Billions of yen) (%)
Operating income (left scale) Operating income ratio (right scale)
Operating Income/Operating Income Ratio
2010
(Forecast)
200620052004FY2003 0
2
4
6
8
10
0
40
80
120
160
200
(Thousands of vehicles)
Global Retail Volume
0
400
800
1,200
1,600
2,000
FY2010FY2006
Japan
North
America
Europe
Others
China
(Forecast)