Mazda Motor Corporation, a name synonymous with innovation and performance in the automotive industry, has a rich history that spans over a century.
Established in 1920, the company has evolved from a small manufacturer of cork products to a global player in the automotive market, renowned for its distinctive designs and engineering prowess.
Understanding the ownership structure of Mazda is crucial to appreciating its strategic decisions and market positioning.
In this article, WoK delves into the intricacies of Mazda’s ownership, exploring how it influences the company’s direction and future prospects in the competitive automotive sector.
Ownership
Individual investors hold a substantial portion of the company’s shares, accounting for approximately 48%.
The presence of individual investors can provide a level of stability, as they may be more likely to hold onto their shares for the long term compared to institutional investors, who often engage in more active trading.
Institutional investors own about 46% of Mazda’s shares, comprising large entities such as pension funds, insurance companies, and mutual funds that manage substantial amounts of capital.
Among the institutional investors, notable shareholders include BlackRock, which holds approximately 6.8% of Mazda’s shares.
Another key stakeholder is Toyota Motor Corporation, which owns around 5.1% of Mazda.
This relationship is particularly noteworthy as Toyota is not only a competitor but also a strategic partner for Mazda.
The diverse ownership structure has several implications for Mazda.
With no single entity holding a majority stake, decision-making is likely to reflect a broader range of interests and perspectives.
This mix of individual and institutional investors provides both stability and flexibility in corporate governance, enabling Mazda to adapt to market changes while maintaining investor confidence.
Largest shareholders
The Master Trust Bank of Japan, Ltd. (Trust Account) is the largest shareholder, holding approximately 15.4% of the shares, which translates to around 97 million shares valued at about $506 million.
Following closely is Custody Bank of Japan, Ltd. (Trust Account), which owns about 5.9% of the shares, or roughly 37 million shares, with a valuation of approximately $226 million.
Toyota Motor Corporation is another significant stakeholder, owning around 5.1% of Mazda’s shares, amounting to about 31 million shares valued at approximately $172 million.
BlackRock, Inc., one of the largest asset management firms globally, holds about 6.8% of the shares; however, its precise valuation can fluctuate based on market conditions.
Other notable institutional investors include JPMorgan Securities Japan Co., Ltd., which owns about 2.2% of the shares, and State Street Bank West Client with approximately 1.9%.
How much is Mazda worth?
Mazda Motor Corporation’s market capitalization is currently approximately $4.34 billion USD. This valuation reflects a significant decrease of about 35.96% over the past year.
In the fiscal year ending March 31, 2024, Mazda reported net sales of ¥4,827.7 billion and an operating income of ¥250.5 billion.
However, the net income attributable to owners of the parent company was ¥207.7 billion, indicating a decrease from the previous year.
Several factors can influence a company’s market capitalization, including stock price fluctuations, company performance, industry trends, and economic conditions.
It’s important to note that market capitalization is a dynamic figure, subject to change based on these and other factors.
Who is the CEO of Mazda Motor Corporation?
Masahiro Moro is the current President and CEO of Mazda Motor Corporation having assumed this role in June 2023, succeeding Akira Marumoto.
Prior to this role, he held several key positions within the company, including Director and Senior Managing Executive Officer, where he oversaw Communication, Corporate Communications, Corporate Liaison, Sustainability, and the Administrative Domain.
Moro’s extensive experience also includes serving as the President and CEO of Mazda North American Operations, where he was responsible for overseeing all aspects of the company’s operations in the U.S., Mexico, Puerto Rico, and the U.S. Virgin Islands.
Throughout his tenure, Moro has been instrumental in shaping Mazda’s global marketing strategies and expanding its presence in key markets.
