Core Insights - Mazda reported an operating loss of 53.9 billion yen ($351 million) for the first half of the fiscal year ending March 2026 due to delays in negotiating improved import tariffs between the Japanese and U.S. governments [1] - The company maintains its full-year forecast with an expected operating loss of 7.8 billion yen, a slight decrease of 2% compared to the previous year [2] - Mazda's President and CEO highlighted the varied pace of electric vehicle adoption and the company's flexible approach to market changes [3] Financial Performance - The U.S. tariff expenses, with rates of 27.5% and 15% on exports from Japan and 25% on exports from Mexico, impacted profits by 97.1 billion yen [3] - A decision to reduce vehicle wholesale volumes by 8% to 555,000 units in the first half helped limit the loss to 54.9 billion yen [4] - Global sales for the full year 2026 are projected at 1.3 million units, with net sales revenues of 4.9 trillion yen [4] Future Outlook - Mazda plans to maximize the use of the Mazda Toyota Manufacturing facility in Alabama, focusing on increasing sales of the CX-50, including its hybrid model [5]