Mazda In Massive Slump Unlisted Video

TOKYO -- Mazda said operating profit slumped 43 percent in the latest fiscal year, with results broadsided by falling global sales, increased marketing expenses, foreign exchange losses and spiraling costs for increased investment in its U.S. retail network reforms. Mazda operating profit dropped to 83.01 billion yen ($748.9 million) in the full fiscal year ended March 31, the automaker said on Thursday in its earnings report.