Kawasaki - unit sales +31.25% in Europe for Q1 of 21/22 financial year
For the three months ended June 30, 2021 (the first quarter of its 2021/2022 financial year), Kawasaki reported wholesale unit sales for its Motorcycle & Engine business division as being up by +31.25% in Europe at 21,000 units (compared to 16,000 for the Covid impacted 2020 period).
Unit sales to all 'developed markets' were +89.66% for the period at 55,000 units in total, compared to 29,000 units for the same period in 2020. All of Kawasaki's developed markets were up for the quarter. Sales in the United States were up by over 230% at 20,000 units, compared to just 6,000 for the same period in 2020.
Emerging market unit sales were up by +144% at 61,000 units, with the Philippines its largest such market (+121% at 31,000 units for the period).
Unit sales translated to net sales revenue of 113.5bn yen for the quarter (+54.5% over the 58.9bn yen recorded for the corresponding period in 2020, for an operating profit of 14.8bn yen (a substantial improvement over the -5.9bn yen loss incurred for the year-ago period).
Developed market net sales revenue was 46.6bn yen compared to 24.7bn yen for the year-ago period (a +88.66% improvement).
