2017 News

March 7, 2017

RSS


Summary of the Thoroughbred Sale of 2016

By Masayuki Ito, The Japan Bloodhorse Breeders' Association (JBBA)


Units: head, %, Yen
  Offers
(head)
Sold
(head)
Sales ratio
(%)
Gross
(yen)
Average price
(yen)
Median price
(yen)
Total 3,029 2,096 69.2 26,480,433,600 12,633,794 5,184,000
Foal 232 173 74.6 7,356,420,000 42,522,658 30,240,000
Yearling 2,472 1,706 69.0 17,065,404,000 10,003,167 4,320,000
2-Y-0 325 217 66.8 2,058,609,600 9,486,680 6,156,000

General overview of the Thoroughbred Foal Sale of 2016

Total sales were 7,356,420,000 yen, a V-shaped recovery of 12.2 percent from the previous year.

A colt delivered from Deep Impact (sire) and Elusive Wave (dam) (IRE) and a colt delivered from Deep Impact (sire) and Malpensa (dam) (ARG) were each purchased at the record price of 302,400,000 yen.

For the Thoroughbred Foal Sale in 2016, only the Select Sale under the auspices of the Japan Racing Horse Association (JRHA) was held. Out of 232 head (160 colts, and 72 fillies) put up for auction, 173 head (116 colts, and 57 fillies) were sold; a ratio of 74.6% sold, a decrease of 4.7% from the previous year. The total sales of 7,356,420,000 yen were a 12.2% increase from the previous year. The average price was 42,522,658 yen, an increase of 19.4% from the previous year and the first 40 million yen record.  The median price of 30,240,000 yen was a 12.0% increase from the 27,000,000 yen of the previous years and achieved a V-shaped recovery from the previous year when a decrease was recorded for the first time in half a decade, resulting in 2016 in an excellent success for the sales organizer.

Two foals, sold at the record-tying highest price were colts (full brother of Satono Diamond, winner of the Kikuka Sho (Japanese St. Leger) and Arima Kinen (The Grand Prix)) from the parents, sire; Deep Impact and dam; Elusive Wave (IRE) and from the parents, sire; Deep Impact and dam; Malpensa (ARG), were purchased for 302,400,000 yen each by Mr. Hajime Satomi of Tokyo. A filly, sold at the highest price was from the sire; Deep Impact and dam; Final Score (IRE) was purchased for 167,400,000 yen by Mr. Hidenori Futagi of Hyogo Prefecture.

Reviewed by each sire, Deep Impact was tops, whose foals (13 out of 15 head put up for auction) were sold at an average price of 155,769,230 yen and as for sires for whom more than 3 foals were sold, second was King Kamehameha at 52,560,000 yen, and third was Orfevre with 50,652,000 yen. In the case of sires which produced their first generation, the center of attention was Dunkirk (USA), tops at 42,120,000 yen (7rd place over all).

 

General overview of the Thoroughbred Yearling Sale of 2016

Total sales were 17,065,404,000 yen, a 12.9% increase over the previous year, achieving records for the seventh consecutive year.

The highest price paid for a Yearling was 280,800,000 yen for a male whose sire was Deep Impact and whose dam was Awesome Feather (USA).

Thoroughbred Yearling Sales for 2016 were held at 6 auctions across the country over 12 days, from the Hachinohe Sale on July 5th to the Hokkaido Autumn Sale on October 5th. In the Yearling Sale, a total of 2,472 yearlings (1,271 colts, 1,201 fillies) were offered for sale, and 1,706 yearlings (943 colts, 763 fillies) were sold, which continued the sold head record for the 8th consecutive year. The sold rate was 69.0%, an increase of 0.9 points over the previous year, achieving a new record.  The target of the sale organizer and horse producers, “sell more than 2 out 3 of horses offered at auction” was achieved for two consecutive years. The total sales were 17,065,404,000 yen (a 12.9% increase over the previous year), and continued the sales records for 7 consecutive years, being a 60% increase over the last 5 years.  The average price of 10,003,167 yen was a 9.9% increase over the previous year and the first 10 million yen record. The average price of a male was 13,109,802 yen (a 17.3 % increase over the previous year), keeping above the 10 million yen mark for 4 consecutive years. Furthermore, females averaged 6,163,643 yen (a 2.6 % increase over the previous year), with a median price of 4,320,000 yen (a 1.3 % increase over the previous year). Thus, all the main sales indices increased.

As for the Select Sale by the JRHA; Japan Racing Horse Association, total sales were 8,781,048,000 yen, a 14.4 % increase over the previous year, achieving a market record, and occupied 51.5 % of the total Yearling Sale.

In the Hokkaido sales under the auspices of the Hidaka Horse Breeders' Association (HBA), out of 2,165 head offered for auction, 1,454 were sold, a 67.2% ratio of sales vs. offered. The total sales were 8,191,260,000 yen (an 11.8% increase over the previous year), and the average price of 5,633,603 yen was an increase of 8.5% over the previous year, with all main indices showing an excellent sales performance.

The highest price paid was for the male yearling, whose sire was Deep Impact and dam was Awesome Feather (USA), purchased at 280,800,000 yen by KT Racing Co., Ltd of Osaka Prefecture. The highest price for a female yearling was the one whose sire was Deep Impact and dam was Topliner (USA), purchased for 135,000,000 yen by Mr. Charles E. Fipke of Canada.

Looking at the results of sales by sires, Deep Impact was decidedly tops for whom 20 yearlings were offered, and all were sold, at an average price of 123,606,000 yen. In the case of sires which produced their first generation, the top was Orfevre, for whom 26 yearlings were offered and 22 were sold, at an average price of 30,200,727 yen.

 

General overview of the Thoroughbred Two-Year-Old Sale of 2016

Total sales were 2,058,609,600, a 16.5% decrease over the previous year. However, in the Hokkaido Training Sale, sales increased by 2.7%, achieving a new sales record.

The highest price paid for a Two-Year-Old was 86,400,000 yen for a male whose sire was Deep Impact and whose dam was Cozi Rosie (USA).

Thoroughbred Two-Year-Old Sales of 2016 were held in 3 auctions over 3 days. For the 3 sales, a total of 325 head (177 colts, and 148 fillies) were offered for sale, and 217 head (115 colts, and 102 fillies) were sold, a sales ratio of 66.8 %. Total sales were 2,058,609,600 yen, a decrease of 16.5% over the previous year. However last year’s sales were an overheated phenomenon which even provided a Training Sale historical record high price of 205,200,000 yen. Therefore it is thought that this year’s results were a sound performance.  The average price was 9,486,680 yen, a decrease of 9.2% over the previous year. The median price of 6,156,000 yen was a slight increase over the previous year.

In the Hokkaido Training Sale held for the second time at the JRA Sapporo racecourse, out of 241 head (138 colts, and 103 fillies) offered for auction, 152 head (86 colts, and 66 fillies) were sold making a 63.1% ratio of sales vs. offered. The total sales were 1,118,664,000 yen (a 2.7% increase over the previous year), achieving a new market record for the 7th consecutive year.  In the Chiba Thoroughbred Sale, out of 63 head (30 colts, and 33 fillies) offered for auction, 52 head (24 colts, and 28 fillies) were sold, making a record 82.5% ratio of sales vs. offered.  The total sales were 899,748,000 yen, the average price was 17,302,846 yen and median price was 11,556,000 yen.

The highest price paid for a Two-Year-Old was a male whose sire was Deep Impact and whose dam was Cozi Rosie (USA) offered for sale on the Chiba Thoroughbred Sale, and purchased for 86,400,000 yen by Ms. Fumie Takahashi of Iwate Prefecture. The highest price for a female was the two-year-old (sire: Rulership and dam: Salvador) offered at the Hokkaido sales and purchased for 49,680,000 yen by the JS Company, Ltd of Shinhidaka-cho.

For Further details, please visit the following sites.

JBIS http://www.jbis.jp/
  2016 Sales Catalogues and Results (FoalYearlingTwo-Year-Old)
  About Markets in Japan
  2017 Sales Dates in Japan (JBIS)
2017 Sales Dates in Japan