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mazda motor corp (7261) Details

Mazda Motor Corporation manufactures and sells passenger cars and commercial vehicles in Japan, North America, Europe, China, and internationally. Its principal products include four-wheeled vehicles, gasoline reciprocating engines, diesel engines, and automatic and manual transmissions for vehicles. The company was formerly known as Toyo Kogyo Co., Ltd. and changed its name to Mazda Motor Corporation in 1984. Mazda Motor Corporation was founded in 1920 and is headquartered in Hiroshima, Japan.

46,398 Employees
Last Reported Date: 06/29/16
Founded in 1920

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mazda motor corp (7261) Key Developments

Mazda Motor Corporation Announces Production and Sales Results for the Month of August 2016

Mazda Motor Corporation announced production and sales results for the month of August 2016. For the month, the company’s total domestic production volume increased 4.7% year on year due to increased production of passenger vehicles. Total domestic sales volume in August 2016 decreased 14.1% year on year due to decreased sales of both passenger and commercial vehicles.

Mazda Motor Corporation to Launch 2017 MX-5 RF

Mazda Motor Corporation announced that the company is launching its 2017 MX-5 RF (retractable fastback) at the 2016 New York International Auto Show. The vehicle is available on sales at Canadian dealerships and only 50 units will be available. It is to be priced from USD 38,500 and is to arrive at Canadian dealerships starting in early 2017. The vehicle is based on the GS with leather seats and a BOSE premium audio system with nine speakers (including headrest speakers).

Holiday Motor Corp., Mazda Motor Corp. and Mazda Motor of America, Inc. Obtain Reversal of $20 Million Jury Award

A McGuireWoods team representing Holiday Motor Corp., Mazda Motor Corp. and Mazda Motor of America, Inc. obtained reversal of a $20 million jury award plus $12 million in pre- and post-judgment interest against the defendants in a major product liability decision by the Supreme Court of Virginia. The plaintiff, Shannon Walters, was severely injured and permanently paralyzed when her Mazda Miata soft-top convertible rolled over as she swerved to avoid debris that had fallen off a truck in front of her. She alleged Mazda was liable for her injuries because latches that held the soft-top convertible to the windshield header were defectively designed, allowing the header to separate from the soft-top, press down on her head and break her neck. Mazda argued that it had no duty to design the soft top or its latches to withstand a rollover crash and highlighted that there are no industry standards regarding convertibles that supported the plaintiff's allegations. In fact, a key industry standard on rollover protection, FMVSS 216, expressly excludes convertibles from its roof-crush requirements. Mazda also argued that the plaintiff's expert witness on liability had no foundation for his opinion that the latches were defective. The Virginia Supreme Court agreed with Mazda and reversed on grounds that Mazda had no duty to design and manufacture a convertible or a convertible's latches that would provide occupant protection under rollover circumstances. The court also held that the plaintiff's expert witness opinion - that the convertible's soft-top latching system was defective in its design - was founded upon assumptions with no basis in fact and was therefore inadmissible.


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Valuation 7261 Industry Range
Price/Earnings 8.3x
Price/Sales 0.3x
Price/Book 1.0x
Price/Cash Flow 8.3x
TEV/Sales NM Not Meaningful

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