For their third financial quarter (the period to December 2016) Kawasaki is reporting net sales from its Motorcycle & Engine division of 198.7 billion yen, down by -20.1 percent from the same period of 2015; with operating income down by -6.4 billion yen at -2.0 billion yen – namely a loss on a required operating income basis.
Total motorcycle, UTV, ATV and PWC unit sales in the third quarter were 367,000 units, generating 170.6 billion yen.
In Europe, the company reports sales of 41,000 units for the quarter, up from 37,000 for the year ago quarter (+10 percent), generating 31.6 billion yen; in North America the company says it sold 72,000 units in total, up from 66,000 units, of which 34,000 were motorcycles, up from 32,000 units (North America represents the largest ATV/UTV/PWC market in the world), generating 63.4 billion yen.
Domestic motorcycle sales for the quarter were some 14,000 units, generating 10.8 billion yen; 240,000 units are reported sold in “emerging markets” – being largely low-value PTWs, they generated some 64.8 biillion yen.
For the nine months to December 31st 2016 the Motorcycle (& Engine) division generated some 199.183 billion yen of sales (against 219.469 billion for the nine months to end of December 2015), but made a -2.039 billion yen operating loss against operating costs that exceeded sales at 201.222 billion yen for the period.
In balance sheet terms, KHI (Kawasaki Heavy Industries) overall saw their total liabilities rise by more than their net assets (19.5 billion yen).
