Mazda 2009 Annual Report Download - page 18

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16                       
Capital investment/R&D costs
75.5
81.8
30.0
114.4
96.0 92.0
)''/ )'(')''0
(Years ended March 31) (Plan)
Capital investment (Billions of yen)
R&D costs (Billions of yen)
Q. What direction is being taken in terms of capital investment and
R&D expenditure?
¥
¥
¥
¥

   ¥
¥
¥¥
          










 
              

Q. Mazda has a high sensitivity to exchange rate movements
because of its reliance on exports. Are there concerns regarding
a major impact on earnings from exchange rate movements?


¥¥
¥
            


          






Messages from Management
A Conversation with the CFO