Japanese auto manufacturer Mazda hit a new record in its 94-year history by registering a global operating profit of ¥182.1bn (£1.06bn) for the fiscal year ending 31 March 2014, a 12% increase on the previous record of ¥162 billion set in 2008.

The company saw its operating profit grow by 238% year-on-year, with its fourth quarter return on sales reaching 7.6% compared to 6.8% for the full year and 2.4% in 2013.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Mazda quadrupled earnings for the 2012-2013 fiscal year in 2013-2014 to ¥135.7bn on total revenue levels of ¥2,690bn, also up 22%.

According to the company, its buoyant financial results were sustained by an 8% increase in global sales to 1.33 million units, as well as by ongoing structural reforms within the organisation aimed at improving costs and establishing global production.

In Europe annual unit sales grew 25% to 163,000, with the UK outpacing other markets to register 35,000 units sold, a 35% growth on the previous year.

German sales also grew 20% to 47,000, and overall revenue in the European region rose 28% to €3.5bn (£2.88bn).

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Continuing on its plans to expand global capacity, Mazda has said it is increasing production in its new plant in Mexico, as well as in Malaysia, Russia and Thailand, and expects its top and bottom lines to post further growth in the coming fiscal year.

On the strength of its planned development, the company has also released its forecast for the coming year, and predicts a profit increase of ¥28bn to ¥210bn, a growth in net income of ¥24bn to ¥160bn, and a total ¥2,900bn in revenue, up almost 8% year-on-year.