Friday 23 October 2020

Kawasaki

Kawasaki

Kawasaki Heavy Industries (KHI) says that its results for the first quarter of its 2020/2021 financial year (to June 2020) were "significantly affected due to the impact of COVID-19 in the major markets of Europe, North America and South East Asia".


Motorcycle unit sales in developed markets were 29,000 in the three months to June 30, worth some 24.7bn yen, with 25,000 units sold (for 9.1bn yen) in emerging markets. With 13,000 UTV, ATV and PWC sold, its global powersports industry business was 67,000 units sold compared to 110,000 for the year-ago quarter (-39%) for 58.9bn yen (-9.3%; includes 8.5bn yen worth of general-purpose gasoline engines).
The segment posted a -5.9bn yen loss for the quarter compared to a -2.8bn yen loss in the year-ago quarter. At a corporate level, KHI recorded 300,602m yen total consolidated sales for a -20,661m yen loss

The "class-defining Z900 is set to continue segment dominance in 2021, continuing to push boundaries and delivering a visceral riding experience while offering an outstanding selection of focused electronic rider aids, the Z900 – in full power and 70kw versions – will be available in three colourways for the 2021 season".