Mazda Motor has revised down its fiscal 2012 full year forecasts, announced on 17 June, and now expects a net loss of JPY19bn (-US$242.8m) compared with the previous forecast of a JPY1bn ($12.8m) net profit. The automaker said it would only break even on an operating basis after earlier predicting a JPY20bn ($255.6m) profit for the 12 months to 31 March, 2012.