FINWIRES · TerminalLIVE
FINWIRES

TYO:7261

3 stories mentioning TYO:7261Updated just now

Every FINWIRES story that references TYO:7261, newest first.

Asia

Mazda Motor Mazda Secures 70 Billion Yen Subordinated Loan to Refinance Existing Debt

Mazda Motor (TYO:7261) has secured a 70 billion yen subordinated loan, with a July 21 execution date, from six lenders to refinance an existing subordinated loan of the same amount, according to a Tokyo bourse filing on Monday.The new 60-year facility matures in July 2086, carries an expected 50% equity credit rating from Rating and Investment Information, according to a Tokyo bourse filing on Monday.The existing loan will be repaid early on the same date, while the new agreement mandates replacement financing with comparable equity credit within 12 months-a requirement that may be waived after 2031 under certain financial conditions.The refinancing aims to comply with replacement restrictions, diversify funding sources, and strengthen Mazda's financial position without diluting common stock.

TYO:7261
Asia

Mazda, Nippon Express Run Trial for Biodiesel Fuel Use

Mazda Motor (TYO:7261) and Nippon Express (TYO:9147) have launched a demonstration trial using biodiesel fuel (HVO) for finished vehicle transport trailers.Mazda is aiming to achieve carbon neutrality across its entire supply chain by 2050, while the NX Group is working toward a carbon-neutral society, according to a Tokyo bourse filing on Tuesday.The demonstration trial is conducted between Hofu's Nishinoura district plant and Nakanoseki finished vehicle yard, about a 12 km round trip, through the end of the year, evaluating fuel efficiency, performance, and operational challenges.The biodiesel fuel will be procured by NX Shoji, with trailers operated under conditions equivalent to conventional diesel.Going forward, Mazda will collaborate with fuel suppliers and regionally rooted businesses to expand demand, enhance supply systems, and build a sustainable environment for long-term HVO use.

TYO:7261TYO:9147
Asia

Mazda Cuts Electrification Investment as EV Demand Slows in US

Mazda Motor (TYO:7261) has reduced its planned investment in electrification by 20% to 1.2 trillion yen through 2030, according to a Wednesday statement.The revised plan was outlined in the company's fiscal 2026 results presentation, which also showed a sharp profit recovery after tariff-related pressures and cost improvements.Mazda said it is shifting toward a "multi-solution" approach rather than a full transition to battery electric vehicles, citing uneven EV adoption across global markets and varying regulatory timelines. The automaker now expects electrification spending to be lower than earlier estimates, reflecting a more selective investment approach and a review of its in-house EV program launch timing.Despite the adjustment, Mazda is still targeting electrified vehicle expansion, including a broader hybrid lineup and selective battery EV rollouts through partnerships, such as its collaboration with China's Changan Automobile.The company sold about 1.22 million vehicles in fiscal 2026, while forecasting growth to 1.32 million units in fiscal 2027, driven partly by new model launches, including the CX-5.

TYO:7261

Track with the FINWIRES app suite