Japanese automaker Mazda Motor Corporation has reported a 6% decline in global revenues to JPY2,238.5 billion in the in the first half of the current fiscal year (FY26), between April and September. It also incurred an operating loss of JPY53.9 billion compared with an operating profit of JPY103 billion a year earlier, which the automaker blamed on the introduction of import tariffs in the US in April. 

Mazda reported a net loss of JPY7.8 billion in the second quarter of the fiscal year, between July and September, but said it would have broken even had it not been for the US import tariffs. The company incurred a net loss of JPY45.3 billion in the first half of FY26, compared with a net profit of JPY35.3 billion a year earlier.

Global vehicle production fell by 8% to 555,000 vehicles in the April-September six-month period, down from 603,000 units a year earlier, while global vehicle sales fell by 3% to 609,000 units. Sales in the US fell by 2% to 209,000 units and sales in Europe plunged by 17% to 74,000 units, while sales in Japan rose by 6% to 68,000 units.

Mazda said it expects global revenues to fall by 2% to JPY4,900 billion in the full FY26 fiscal year, with vehicle sales declining just slightly to 1.3 million units. The company said it expects to make an operating profit of JPY104 billion in the second half of the year, resulting in full-year operating profit of JPY50 billion and net profit of JPY20 billion.