Thursday, 11 February 2016

Yamaha

Yamaha +9.42 percent in European unit terms in 2015

Yamaha Motor Co., Ltd. has announced the results for its 2015 consolidated accounting year. 


 The company reports total powersports vehicle (motorcycle, scooter and ATV) unit sales of 209,000 units in Europe, which is +9.42 percent on the 191,000 units reported for 2014 - making 2015 sales in Europe worth 136.185 bn. yen (+13.4 percent).
In North America Yamaha reports 89,000 units, which is 12.66 percent up, with Asia worth 4,286,000 units, which is some -11 percent in unit terms there, putting their worldwide total at 5,218,000 units for the year (-0.1 percent).
Global net sales of motorcycle products were 1,016 billion yen (an increase of +38.4 billion yen/+3.9% compared with the previous full fiscal year), and operating income was 31.9 billion yen (an increase of 9.0 billion yen/39.1% compared with the same period in the previous fiscal year).
Unit sales increased in developed markets such as North America, Europe and in Japan, sales of large motorcycle products increased, while scooter sales decreased.
Unit sales in emerging markets such as Vietnam, the Philippines and Taiwan increased, but decreased in Indonesia, Brazil and China etc.
Net sales increased thanks to the effects of new products such as the MT series and increased sales of products in the higher price range. Operating income also increased, with factors generating increased income, such as the effects of scale, product mix and cost reductions compensating for negative factors such as increases in development costs and currency depreciation in emerging markets.
Total corporate net sales were 1,615.4 billion yen, an increase of +94.1 billion yen (+6.2%) compared with the same period the previous fiscal year. Operating income was 120.4 billion yen, an increase of +33.2 billion yen (+38.0%) compared with the previous fiscal year.
Developed markets delivered sales and income increases thanks to sales increases of global models and products in the higher price range in the motorcycle business segment, increased sales of large models and the effect of yen depreciation in the marine business segment, and increased sales of recreational off-highway vehicles (ROV) models in the power product segment.
For the motorcycle business in emerging markets, increased sales in Vietnam, the Philippines and Taiwan, as well as increased sales of products in the higher price range - and the effect of cost reductions in each region - absorbed the reduction in unit sales and currency depreciation effects in Indonesia, Brazil and China etc., meaning that income was in line with the previous period.
Yamaha says that its forecasts for demand in the next fiscal year (to December 31st 2016) for its major businesses are for a solid business climate to continue in developed markets, and for the unstable situation to continue in emerging markets due to factors such as low resource prices and weak currencies in Indonesia, Brazil etc.
Based on such estimations, they say they expect to roll out further platform models in the market for the motorcycle business segment, that high profitability will be maintained thanks to high brand power in the marine business segment, and earning power in the recreational off-highway vehicle (ROV) sports field and other businesses of the power product segment will increase.
Yamaha says that the income generated from these areas will help them further their growth investment and continue to achieve sustainable growth towards their aim of becoming "a unique company that continues to achieve dynamic milestones."

Suzuki

Suzuki motorcycle unit sales +14.1 percent in Europe for first nine months of 2015/2016 financial year

For the third quarter of its 2015/2016 financial year and first nine months to date (ended December 31st 2015) Suzuki is reporting that worldwide sales of motorcycles and ATVs were down by -16.6 percent (348,000 units) for their third quarter and down by -15.0 percent (1,145,000 units) for the nine month period (-69,000 and - 202,000 units) respectively compared to the same periods of 2014/2015.



However, in European terms, sales were broadly level at 6,000 units in the third quarter and are running at +14.1 percent (38,000 units) for the first nine months.
Sales in Japan are -10.3 percent (47,000 units) for the year-to-date (-7.5 percent/15,000 units for the third quarter); sales in North America are +3.7 percent (33,000 units) for the year-to-date, with the third quarter +30.4 percent (8,000 units); and in Asia are -19.6 percent for the YTD (864,000 units) with China at -17.2 percent and Indonesia -59.1 percent.
ATV sales worldwide were broadly flat at -0.1 percent for the year-to-date (17,000 units and down -9.1 percent in the third quarter.
In production terms Suzuki report total worldwide production of motorcycles and ATVs at -18.1 percent (1,140,000 units) for the nine month period and -16.6 percent (348,000 units) for the third quarter, with domestic Japanese production - 18.9 percent for the first nine months as the company continues to rationalise use of its domestic production capacity in favour of higher value automotive units.
The company says sales income from motorcycle and ATV operations was down by -7.0 percent at 172.9 bn. yen for the first nine months, but that overall sales (motorcycle and automotive) were +102.9 percent (406.3 bn. yen in Europe and +9.9 percent globally at 2,355.6 bn. yen.

Spanish motorcycle registrations

Spanish motorcycle registrations up by nearly +27 percent for January 2016

According to the latest data released by the motorcycle trade association in Spain (ANESDOR), the motorcycle market there was up by +26.96 percent in January at 8,637 units (from 6,803 in January 2015).


In moped terms the Spanish market was +2.82 percent in January (984 units), and for total PTWs the market was +23.55 percent at 9,621 units.
ANESDOR announced last month that it expected the strong growth seen in 2015 to continue with total PTW registrations for 2016 reaching some 162,000 units, which would be further growth of around 9 percent from the 148,000 units sold in 2015 - 131,595 of which were motorcycles (+19.55 percent over 2014).
At the time, Jose Maria Riano, the General Secretary of ANESDOR, had said that "2015 was a very positive year for the sector in Spain", and that in looking beyond the statistics "the motorcycle is clearly the choice of transport for millions of citizens in Spain, especially for their daily commute - PTWs are a major solution for mobility in Spain, reducing travel times between 50 and 70 percent, and reducing congestion and pollution".
Pointing to the greater age of the PTW fleet in Spain than is the case in neighbouring and nearby countries, he had again repeated his call for greater government support for the sector, "the average age of PTWs in Spain is 14.7 years. Despite the growth in new registrations the fleet actually aged further in 2015 - pointing to a strong growth in the total motorcycle park here. We believe that a review of the financial framework in which the PTW industry operates is needed in Spain, and that simplifying driving licenses would also favour fleet renewal".
Honda led the way in Spain in market share terms in 2015 (21,845 units), followed by Yamaha, Kymco, Piaggio and Suzuki. The top selling model in Spain in 2015 was Kymco's Agility City 125 (5,825 units), followed by Honda's SH 125 and Kymco's Super Dink 125. The top selling large displacement machine in Spain in 2015 was Kawasaki's Z 800 (2,228 units).
Catalonia in North Eastern Spain is the strongest regional market, accounting for 27.5 percent of registrations in 2015, followed by Andalucia (19.5 percent).

Kawasaki

Kawasaki unit sales +20 percent in Europe for Q3 of 2015/2016 FY

Kawasaki is reporting that its motorcycle, ATV (All Terrain Vehicle), Utility Vehicle and PWC (Personal Watercraft/"jet ski") unit sales to dealers in Europe for the third quarter of its 2015/2016 financial year (the period to 31st December 2015) were up by nearly 20 percent at 37,000 units compared to 31,000 units for the year-ago quarter.



Sales in North America were +10 percent at 66,000 units, of which 32,000 were motorcycles, compared to 60,000/28,000 for the year-ago quarter.
In "emerging markets" the company reports 230,000 unit sales, compared to 294,000 for the corresponding period in 2014; with domestic sales "flat" at 12,000 units for a total of 345,000 units worldwide (compared to 397,000 for the corresponding period of their 2014/2015 financial year).
Total net sales revenue from worldwide motorcycle, ATV, Utility Vehicle and PWC unit sales was yen 184.9 billion, up from yen 181.6 billion in the corresponding period of their 2014/2015 financial year despite the global drop in units sold because of improved sales in "developed" markets (EMEA and North America) compared to the decrease in lower value units sold in emerging markets, mostly Indonesia.
Kawasaki is now forecasting full financial year motorcycle and related vehicle sales of 60,000 units in Europe, 101,000 units in North America (of which 49,000 are anticipated to be motorcycle unit sales), and 525,000 units worldwide.
Kawasaki says its before-tax ROIC (EBIT/Capital Investment) from its motorcycle and related products division was 13.3 percent in the three months to December 31st 2015, compared to 13.6 percent in the three months to September 30th 2015, and 7.3 percent in their full 2014/2015 financial year.
Overall corporate performance of all divisions saw the company record net sales of 1,065,556 million yen for the nine months to December 31st 2015 (+5 percent), generating gross profit of 203,771 million yen, operating income of 66,838 million yen (+11 percent), profit of 29,838 million yen (-34 percent) and earnings per share of 17.7 yen.
Total sales from motorcycle and related product segments were 219,469 million yen for the nine months to December 31st 2015 - with operating expenses of 215,000 million yen resulting in operating income of 4,379 million yen.
Corporate operations in Europe generated net sales of 95,990 million yen in the nine months to December 31st 2015 (+28 percent).

Honda

Honda reports worldwide motorcycle unit sales of -0.403 percent for first nine months of current financial year

Honda has announced its financial results for the third quarter of its 2015/2016 financial year (the period to December 31st 2015).



Third quarter Honda Group motorcycle unit sales were 4,407,000 units, down by -0.178 percent on the 4,585,000 units sold in the final quarter of 2014, but 12,882,000 units for the nine months to date, up +4.03 percent.
After reducing its 2015/2016 full-year motorcycle sales forecast from 18.225 million units to 17.515 Honda Group unit sales worldwide following its second quarter results, the company has moved to further lower expectations - forecasting that it will have sold 17.190 million units by March 31st 2016, the end of its current financial year (this would mark a 0.402 percent decline on reported sales of 17.592 million units for its 2014/2015 full-year).
Overall corporate consolidated operating profit was 163.0 billion yen, a decrease of -22.3% compared to the same period last year, due to profit-reducing factors such as an increase in selling, general and administrative (SG&A) expenses that include quality-related expenses and unfavourable currency effects.
This was despite profit-increasing factors such as an increase in profit from changes in sales volume and model mix, as well as cost reduction efforts.
Overall corporate consolidated operating profit for the fiscal nine months (April 1, 2015 through December 31, 2015) amounted to 567.2 billion yen, a decrease of -3.0% compared to the same period last year. 
Despite favourable currency effects associated with depreciation of the Japanese yen, reflecting the latest forecast for consolidated unit sales, the previously announced forecast for consolidated sales revenue for the current fiscal year (April 1, 2015 through March 31, 2016) was revised downward by 50.0 billion yen to 14.55 trillion yen.
Reflecting the positive effect of cost-reduction efforts, the forecast for consolidated operating profit for the current fiscal year will remain unchanged from the previous 685.0 billion yen. This is despite a decline in consolidated unit sales, an increase in quality-related expenses and unfavourable currency effects reflecting recent trends with the currencies of emerging countries. The forecasts for consolidated profit before income taxes and profit for the current fiscal year attributable to owners of the parent will remain unchanged from the forecasts announced previously.
The quarterly dividend for the fiscal third quarter will be 22 yen per share, and total cash dividends to be paid for the fiscal year ending March 31, 2016 are expected to be 88 yen per share.

Ducati

World Ducati Week 2016

This year's "World Ducati Week" (WDW) is confirmed for 1st to 3rd July at the Marco Simoncelli Misano World Circuit at Misano, near Rimini on Italy's Adriatic Coast.



This ninth edition of the WDW is slated as a celebration of Ducati's 90th anniversary - 90 years since the Ducati story began on 4 July 1926 when the three brothers Adriano, Bruno and Marcello Cavalieri Ducati, assisted by their father Antonio, founded the Società Scientifica Radio Brevetti Ducati company.
In 2014 there was a record-breaking turn-out at the global Ducati gathering with over 65,000 attendees coming from five continents and as many as 56 countries from all over the world. "Ducatisti" joined the event from the USA, Europe, Australia, Russia and India as well as Brazil, China, Malaysia and even Gabon, Iceland and Nepal - "all united by their passion for Ducati bikes. Only an event like this brings out the best of Desmodromic passion".
Visitors will be able to test ride the new models presented at EICMA, including the XDiavel and the Multistrada 1200 Enduro, and be able to "chill out in the relaxed atmosphere of the "Land of Joy" within the Ducati Scrambler area, and of course they'll also be able to have fun on the track with test rides and the Ducati Riding Experience".

www.ducati.com

Akrapovic

Titanium slip-on

Slovenian exhaust manufacturer Akrapovic has added an EC-ECE type-approved titanium version muffler to its Slip-On line. Seen here configured for the Ducati Multistrada, it is a development of the carbon fibre construction that has already been seen for several bikes since its INTERMOT 2014 launch, with a hand-crafted carbon fibre heatshield, a larger-diameter inlet pipe and an upgrade of the hexagonal carbon fibre end cap design. Titanium "considerably" reduces the weight over the stock system, and when used in combination with the optional titanium header, is said to "provide an impressive performance increase throughout the entire rev range, giving improved throttle response and offering even greater control over the power distribution". To further tune the sound, the optional header comes with a noise-reduction insert, and Akrapovic say that no remapping or other parts are needed for the install. Akrapovic, Slovenia, www.akrapovic.com


SHAD

Award-winning luggage options

Red Dot award-winning Barcelona based specialist luggage brand SHAD (designed and manufactured by NAD S.A.) unveiled several new products at EICMA 2015, including their semi-rigid bags for "severe duty" city use.


Durable and light, their construction includes a structural EVA foam layer with polyester lining - described as featuring an avant-garde design, the range has backpack, tank bags and two side case options, including their E-48, both of which mount with SHAD's recently updated Side Bag Holder system (for selected Honda, Yamaha, Kawasaki, KTM and Suzuki models), their universal side bag holders, or with the Velcro straps provided. 


Also seen here, SHAD say their SL bags are "designed to meet the needs of the motorcyclist with great durability, high quality and an attractive and practical design". The 8 size options, which include tank bags and a new side bag design, all have large reflective panels and a choice of mounting options.


SHAD also offers a versatile new full-face Bluetooth BC22 hands-free system that is compatible with all audio Bluetooth devices including mobile phones, smart phones and GPS units.

NAD SL
www.shad.es