Thursday, 27 April 2023

Kawasaki

Kawasaki - Q3 and nine months to end of 2022

Commenting on the sales performance in Europe and North America for the nine-month period of its 2022/2023 financial year (to the end of December 2022), Kawasaki stated that "the retail market remains strong, despite a slight slowdown".  

In Southeast Asia "demand is recovering, although it varies by country" and cites supply chain risks as continuing to be the primary challenge - "shortage of semiconductors and raw materials affect our product supply" but that "logistics disruption is improving".

Motorcycle shipments in developed markets totalled 157,000 units for the nine-month period (+ 20,000 units), however, Europe was down in Q3 by some 7,000 units at 38,000, with Japan and Australia essentially flat over the year-ago quarter, and Canada up by 3,000 units (to 8,000) and the United States up by 25,000 units at 81,000.


In emerging markets, units were up by 42,000 units in total for the quarter at 238,000 units. Its largest emerging market is the Philippines, which was up by 52,000 units at 158,000.

Third quarter revenue from motorcycle and related sales was +4.2% over Q3 2021 at 413.7bn yen, with developed markets +27.5bn yen at 139.5bn and emerging markets +13.0bn at 85.9bn yen.