UBS has lowered its price target for Mazda Motor Corp to ¥900 from ¥1,000, maintaining a Sell recommendation due to anticipated declines in earnings per share (EPS) amid weak sales in Japan, Europe, and Asia, alongside increased competition in the US. The firm forecasts a 19% reduction in EPS for the year ending March 2025 and an 11% drop for March 2026, with a significant 25% decline in operating profit expected for the latter year. Additionally, a 1% depreciation of the yen could boost EPS by 7.9%, highlighting currency sensitivity.