Mazda Motor Corp (Mazda) is an automobile manufacturer. The company manufactures and markets passenger cars, commercial vehicles, mini vans, compact vehicles, sports cars, sport utility vehicles, station wagons, sedans, light cars, welfare vehicles, and special edition automobiles. It also offers automobile accessories and hybrid automobile technology engines. Mazda also offers rotary internal combustion engines, diesel and gasoline engines, and commercial sports car engines. The company categorized its operations into four geographical segments: Japan, North America, Europe, and Other Markets. The company incurred capital expenditure of JPY99128 million in FY2023, which indicates a decrease of 28.9% YoY over JPY139351 million in the FY2022.

Mazda’s research and development (R&D) focuses on advance development of new technologies and products. The company operates its R&D Center in Yokohama, Japan; Mazda North American Operations in the US, Mazda Motor (China) Co., Ltd., and Mazda Motor Europe in Germany. The major production plants in Japan include the Hiroshima Plant, Hofu Plant and Miyoshi Plant. The company also operates plants in China, Thailand, Vietnam, Mexico, Malaysia, and Russia. In FY2023, it incurred expenses of JPY134,622 million on R&D, which as a percentage of revenue, stood at 3.5%.