Mazda's earnings rebound stands out among Japan's automakers

Carmaker still needs medium-term strategy to compete in era of EVs

20230120 Mazda

Mazda is experiencing the fastest earnings growth among Japan's seven major automakers. (Photo courtesy of the company)

RYOTARO YAMADA, Nikkei staff writer

TOKYO -- Japanese automaker Mazda has seen an outstanding recovery in its earnings power, despite ongoing headwinds. However, the company still faces growing challenges in the era of electric vehicles. To boost its share price, the company will need to continue raising its earnings.

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