Mazda 2013 Annual Report Download - page 11

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Mexico in 2015 of a compact vehicle for Toyota, which will be based upon the Mazda2 (Japanese
name: Mazda Demio). Annual production for that vehicle will total 50,000 units. In the rapidly
growing Indonesian market, we began receiving a three-seat compact vehicle Mazda VX-1 from
Suzuki in May 2013. In addition, we have begun supplying SKYACTIV-equipped vehicles to
Nissan. We are also stepping up our pursuit of alliances with overseas manufacturers. For
example, we have reached an agreement with Fiat to supply a two-seat sports car for Alfa
Romeo. Production has begun at our joint venture with Sollers in Russia, and we have com-
menced local production of the CX-5 at our joint venture with Bermaz in Malaysia.
In response to the adverse operating environment, we will build on our momentum to date
and intensify our efforts under the Structural Reform Plan.
Q What is your outlook for the March 2014 fiscal year?
With continued instability in foreign exchange markets, the protracted fiscal crisis in Europe,
and economic trends in emerging markets, elements of future uncertainty remain. Despite
this situation, with the correction of the yen’s appreciation and the steady implementation of
the Structural Reform Plan, we are aiming for increased sales with profit growth to at least
double the previous year’s results at all levels. We are also increasing our investment for the
future, including the new plant in Mexico that is scheduled to commence operations in the
fourth quarter of the March 2014 fiscal year.
We are forecasting global sales volume of 1,335,000 units, an 8.1% increase from last year,
with a 12.5% increase in net sales, to ¥2,480 billion, a 122.5% increase in operating income,
to ¥120 billion, and a 104.1% increase in net income, to ¥70 billion.
Outlook for the March 2014 Fiscal Yea r Billions of yen
(Years ended March 31) 2013 2014 (Outlook) Difference
Net sales 2,205.3 2,480.0 +274 .7
Operating income 53.9 120.0 +66.1
Ordinary income 33.1 97.0 +63.9
Net income 34.3 70.0 +35.7
“ We are forecasting
revenue and profit
growth to at least
double the previous
year’s results at
all levels. ”
Mazda Annual Report 2013 9