Japanese carmaker Mazda expects to lose nearly $987 million this year due to new U.S. import tariffs, but the company is working on ways to reduce the damage.

 What’s Happening?

• Mazda predicts a 145.2 billion yen (≈ $987 million) hit to operating profit due to U.S. tariffs.

• Without changes, losses could rise to 233.5 billion yen (≈ $1.6 billion).

 What Is Mazda Doing?

To soften the blow, Mazda is:

• Changing shipping routes

• Increasing production at its Alabama factory

• Adjusting production across its global plants

 Company Statement

Mazda CFO Jeffrey Guyton said the tariffs would have a "quite significant" impact, especially since:

• Cars from Japan may face a 15% tariff

• Cars from Mexico may face a 25% tariff

Ticker 7261: Up 2.65% Today

Despite the news, Mazda shares (Ticker: 7261) rose 2.65%, possibly as investors reacted positively to the company’s swift countermeasures.