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The following tables summarize fair value information as of March 31, 2016 and 2015 of derivative
transactions for which hedge accounting has been applied:
Millions of yen Thousands of U.S. dollars
As of March 31, 2016
Contract
amount
Thereof due after
1 year
Estimated fair
value
Contract
amount
Thereof due after
1 year
Estimated fair
value
Interest rate swaps:
O n long-term
loans payable:
Receive floating,
pay fixed(*1) ¥ 11,100 ¥5,300 ¥ — $ 98,230 $46,903 $ —
F orward foreign
exchange contracts:
Sell:
U.S. dollar 9,058 — 87 80,159 — 770
Euro 55,852 — (75) 494,265 — (664)
Canadian dollar 9,212 — (277) 81,522 — (2,451)
Australian dollar 20,958 — (398) 185,469 — (3,522)
Sterling pound 9,036 — 190 79,965 — 1,681
Buy:
Thai baht 15,730 — (152) 139,204 — (1,345)
Total ¥130,946 ¥5,300 ¥(625) $1,158,814 $46,903 $(5,531)
Millions of yen
As of March 31, 2015
Contract
amount
Thereof due after
1 year
Estimated fair
value
Interest rate swaps:
O n long-term loans
payable:
Receive floating,
pay fixed(*1)
¥17,900 ¥11,100 ¥ —
F orward foreign
exchange contracts:
Sell:
U.S. dollar
1,200 — (0)
Euro
31,082 — 467
Canadian dollar
14,782 — 122
Australian dollar
17,161 — 214
Sterling pound
2,311 — (3)
Buy:
Thai baht
11,551 — 214
Total
¥ 95,987 ¥11,100 ¥1,014
(*1) The fair value of these interest rate swaps are, in effect, included in and presented with that of the hedged item long-term loans pay-
able. For details, refer to Note 4, “Financial Instruments”.
16 LEASES
The amount of future minimum lease payments under non-cancellable operating leases as of
March 31, 2016 and 2015 were as follows:
Millions of yen
Thousands of
U.S. dollars
As of March 31 2016 2015 2016
Current portion ¥ 4,321 ¥ 4,115 $ 38,239
Non-current portion 38,320 34,898 339,115
Total ¥42,641 ¥39,013 $377,354
17 SEGMENT INFORMATION
Segment information
Overview of reportable segments
The reportable segments of the Company consist of business components for which separate
financial statements are available. The reportable segments are the subject of periodical review by
Board of Directors meetings for the purpose of making decisions on the distribution of corporate
resources and evaluating business performance.
The Company is primarily engaged in the manufacture and sale of passenger and commercial
vehicles. Businesses in Japan are managed by the Company. Businesses in North America are
managed by Mazda Motor of America, Inc. and the Company. And businesses in Europe are
managed by Mazda Motor Europe GmbH and the Company. Areas other than Japan, North
America and Europe are defined as Other areas. Business deployment in countries in Other areas
are managed in an integrated manner by the Company as one management unit. Accordingly, the
Company consists of regional segments based on a system of managing production and sale.
As such, Japan, North America, Europe, and Other areas are designated as four reportable segments.
Notes to Consolidated Financial Statements
MAZDA ANNUAL REPORT 2016
Financial Section
Message from
Management
Review of Operations
Drivers of Value Creation
Foundations Underpinning
Sustainable Growth
Contents