⚠ Leadership Update: Akira Marumoto served as President & CEO of Mazda Motor Corporation from June 2018 to June 2023. The current CEO is Masahiro Moro (since June 27, 2023).
Mazda Motor Corporation, the iconic Japanese automaker headquartered in Hiroshima, appointed Akira Marumoto as President and CEO in June 2018 after decades of engineering and executive leadership within the company. A Keio University engineering graduate who joined Mazda in 1980, Marumoto rose from chassis design engineer to the company’s top leadership role. During his five-year tenure as CEO, he deepened Mazda’s strategic alliance with Toyota, oversaw the construction of the joint Mazda Toyota Manufacturing plant in Alabama, launched the CX-50 crossover for the U.S. market, and championed a multi-solution approach to electrification. Marumoto stepped down in June 2023, handing the reins to Masahiro Moro, and transitioned to a senior advisory role.
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Mazda Competitors
Mazda Motor Corporation operates in the highly competitive global automotive industry. The key competitors of Mazda include:
- Toyota Motor Corporation – Japan’s largest automaker and Mazda’s strategic alliance partner
- Honda Motor Co. – Mazda’s top direct competitor in compact cars and SUVs
- Hyundai Motor Group (Hyundai, Kia, Genesis) – aggressive Korean rival with growing market share
- Subaru Corporation – fellow Japanese niche automaker competing in AWD crossovers
- Nissan Motor Co. – Japanese competitor across sedans and SUVs
- Ford Motor Company – major U.S. competitor in the crossover and SUV segments
- Volkswagen Group – European giant with broad global lineup
Akira Marumoto – Quick Facts
Akira Marumoto Net Worth 2026 – Mazda CEO Salary
As of 2026, Akira Marumoto’s net worth is estimated at approximately $10–14 million USD. This estimate is based on his decades-long tenure at Mazda Motor Corporation, accumulated executive compensation, stock holdings, and retirement benefits. Japanese CEO compensation packages tend to be more modest compared to their U.S. counterparts, with a larger portion tied to base salary and bonuses rather than equity grants.
Mazda CEO Compensation Breakdown (Estimated)
Mazda Net Worth 2026 – Is Mazda Profitable?
Yes, Mazda Motor Corporation is a profitable company. For the fiscal year ended March 31, 2025 (FY2025), Mazda reported net sales of ¥5.02 trillion (~$33.1 billion USD) and net income of ¥114.1 billion (~$752 million USD). While profitability declined from the record-breaking FY2024, Mazda maintained positive free cash flow and continued investing in electrification and new product development.
Mazda Motor Corporation Financial Summary (FY2025)
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Mazda CEO Email Address | Akira Marumoto Contact
Below are the contact details for former Mazda CEO Akira Marumoto and Mazda Motor Corporation:
Career & Education – Company, University, & College
Akira Marumoto dedicated his entire professional career to Mazda Motor Corporation, spanning over four decades from 1980 to 2023. Rising from a chassis design engineer to the company’s top leadership position, his career is a testament to Mazda’s tradition of promoting from within.
Akira Marumoto Career Timeline
Marumoto joined Mazda (then known as Toyo Kogyo Co., Ltd.) in April 1980 as an engineer, working on chassis design including suspension and brake systems. Over the next 16 years, he gained deep expertise in vehicle development before being promoted to Program Manager in 1996. He continued climbing the ranks, becoming Director in 1999, then Executive Officer overseeing R&D operations in Europe in 2002.
In June 2013, Marumoto was appointed Executive Vice President and Representative Director, a role that positioned him as a key strategist for the company’s management plans and vehicle development pipeline. In May 2018, he was named President and CEO, succeeding Masamichi Kogai, who transitioned to Chairman of the Board. Marumoto served as CEO for five years before stepping down in June 2023, making way for Masahiro Moro.
Education
Akira Marumoto Wiki – Age, Family, & More
Former Mazda CEO Akira Marumoto was born on August 18, 1957, in Kure, Hiroshima Prefecture, Japan, making him 68 years old as of 2026. Kure is a port city located in the southern part of Hiroshima Prefecture, historically known for its naval shipbuilding industry. Marumoto keeps his personal and family life private, and details about his wife and children are not publicly available. He is known as a reserved, engineering-focused leader who spent his entire career at Mazda.
Notable Achievements & Recognitions
- Mazda-Toyota Alliance – Deepened Mazda’s strategic partnership with Toyota Motor Corporation, including joint EV technology development
- Mazda Toyota Manufacturing (MTM) Plant – Oversaw the construction of the $2.3 billion joint manufacturing plant in Huntsville, Alabama, which began production in 2021–2022
- CX-50 Launch – Led the development and launch of the Mazda CX-50, the first vehicle produced at the MTM plant, specifically designed for the North American market
- Skyactiv-X Technology – Championed the development of Mazda’s revolutionary Skyactiv-X compression-ignition gasoline engine
- Multi-Solution Electrification Strategy – Advocated for a balanced approach to electrification, combining mild hybrids, plug-in hybrids, and battery EVs rather than a BEV-only strategy
- Record U.S. Sales Growth – Under his leadership, Mazda achieved significant growth in the U.S. market through retail-focused strategies and premium positioning
Marumoto was a strong proponent of Mazda’s “Sustainable Zoom-Zoom 2030” vision, which outlined the company’s long-term technology development plan for environmental, safety, and connectivity technologies. Despite the challenges of the COVID-19 pandemic and global semiconductor shortage during his tenure, he successfully navigated Mazda through the crisis and set the stage for the company’s record FY2024 results under his successor.
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About Mazda Motor Corporation
Mazda Motor Corporation is a Japanese multinational automaker headquartered in Fuchu-cho, Aki-gun, Hiroshima, Japan. Founded in 1920 as Toyo Cork Kogyo Co., Ltd. (later renamed Toyo Kogyo Co., Ltd., and finally Mazda Motor Corporation in 1984), the company has a century-long history of innovation in the automotive industry. Mazda is perhaps best known for its rotary (Wankel) engine technology, its KODO “Soul of Motion” design language, and its Skyactiv family of fuel-efficient powertrains.
Mazda trades on the Tokyo Stock Exchange under ticker 7261 and on OTC markets in the U.S. as MZDAY. The company produced approximately 1.3 million vehicles in FY2025, with operations spanning Japan, North America, Europe, China, and other global markets. Major production facilities include the Hiroshima Plant, Hofu Plant (Yamaguchi Prefecture), and the joint Mazda Toyota Manufacturing plant in Huntsville, Alabama.
Key brands and product lines include the Mazda3 sedan/hatchback, CX-5 and CX-50 crossovers, CX-70 and CX-90 SUVs, and the MX-5 Miata sports car. The company is also developing electric vehicles including the MX-30 EV.
Frequently Asked Questions (FAQ)
Who is the current CEO of Mazda?
The current CEO of Mazda Motor Corporation is Masahiro Moro, who was appointed Representative Director, President and CEO on June 27, 2023. He succeeded Akira Marumoto, who had led the company since 2018. Moro previously served as Chairman and CEO of Mazda North American Operations.
What is Akira Marumoto’s net worth in 2026?
As of 2026, Akira Marumoto’s net worth is estimated at $10–14 million USD. This figure is based on his decades of executive compensation at Mazda, accumulated stock holdings, and retirement benefits from his 43-year career at the company.
What was Mazda CEO Akira Marumoto’s salary?
While Mazda does not publicly disclose individual executive compensation in the same detail as U.S. companies, Akira Marumoto’s total annual compensation as CEO is estimated at approximately $2–3 million USD, including base salary, annual bonus, and stock-based incentives. This is consistent with CEO pay at mid-size Japanese automakers.
What is Mazda CEO’s email address?
You can try reaching former Mazda CEO Akira Marumoto at [email protected] or [email protected]. Mazda’s corporate email format typically follows [email protected]. For the current CEO, visit our Masahiro Moro profile page.
Why did Akira Marumoto step down as Mazda CEO?
Akira Marumoto stepped down as Mazda’s President and CEO in June 2023 as part of a planned leadership transition. After five years at the helm, he transitioned to a senior advisory role. Masahiro Moro, who had over 40 years of experience at Mazda including leading North American operations, was selected as his successor to guide the company through its next phase of electrification and global expansion.
Is Mazda a profitable company?
Yes, Mazda Motor Corporation is profitable. In its fiscal year ended March 2025, Mazda reported net income of ¥114.1 billion (~$752 million USD) on revenue of ¥5.02 trillion (~$33.1 billion USD). The prior fiscal year (FY2024) was Mazda’s best ever, with net income of ¥207.7 billion and a 76% increase in operating profit.
Article last updated:January 2026March 2026
Disclaimer: All information presented in this article has been compiled from publicly available sources, including corporate filings, official company press releases, and reputable news outlets. Compensation and net worth figures for Japanese executives are estimates based on industry norms, as individual disclosure requirements differ from U.S. standards. This content is provided for informational purposes only and does not constitute financial or investment advice.