2023 News
Summary of thoroughbred sales in 2022
By Masayuki Ito, The Japan Bloodhorse Breeders' Association (JBBA)
| Offers (head) |
Sold (head) |
Sales vs. offered ratio (%) |
Gross (yen) |
Average price (yen) |
Median price (yen) |
|
|---|---|---|---|---|---|---|
| Total | 3,267 | 2,640 | 80.8 | 47,974,630,000 | 18,172,208 | 6,600,000 |
| Foal | 274 | 263 | 96.0 | 16,264,050,000 | 61,840,494 | 46,200,000 |
| Yearling | 2,801 | 2,223 | 79.4 | 30,047,820,000 | 13,516,788 | 5,940,000 |
| 2-Y-O | 192 | 154 | 80.2 | 1,662,760,000 | 10,797,142 | 7,810,000 |
Note: Figures in bold exceeded the year-earlier result
General overview of thoroughbred foal sales in 2022
◆ Northern Farm Mixed Sale debuts; total sales for two auctions exceeded 16.2 billion yen, and the average price, median price and sales vs. offered ratio all reached record highs
◆ The highest price was paid for a colt whose sire was Duramente and whose dam was Champagne Anyone (USA), purchased for 352,000,000 yen.
Thoroughbred foal sales in 2022 were held at two auctions. In addition to the annual Select Sale under the auspices of the Japan Racing Horse Association (JRHA), the Northern Farm Mixed Sale for foals was held on October 25. Out of 274 head (173 colts, 101 fillies) put up for auction, 263 head (164 colts, 99 fillies) were sold. This corresponded to a sales vs. offered ratio of 96.0%, which reflected a 3.4 point increase from the previous year and marked a record high. Total sales were 16,264,050,000 yen, a 35.4% increase from the previous year. The average price was 61,840,494 yen, a 9.6% increase from the previous year, and the median price was 46,200,000 yen, a sharp 27.3% increase from the previous year. Both the average and median prices reached record highs. Sales of racehorses were evidently robust, and the auctions benefitted from the largest generational change in sires on record and from diversity in the dam lines for the foals on offer. As a result, the quality of the foals on offer at both auctions was deemed to have improved further. Helped by an additional day of sales compared with the previous year, the number of foals sold for a price above 50 million yen but below 100 million yen rose sharply to 83 (from 39 in the previous year), accounting for 36.1% of the total sales. The median price, which is an important indicator for thoroughbred sales, rose by nearly 10 million yen from the previous year, reaching a record high.
The highest price was paid for a colt whose sire was Duramente and whose dam was Champagne Anyone (USA), purchased for 352,000,000 yen by Red Horse from Osaka Prefecture. Among fillies, the highest price was paid for a filly whose sire was Epiphaneia and whose dam was She’s a Tiger (USA), purchased for 308,000,000 yen by Nicks Co., Ltd. from Tokyo.
Reviewed by each sire, Epiphaneia was tops with 17 head sold at an average price of 116,373,529 yen, followed by Fierement in 2nd place (first generation; three head put up for auction, all sold), at 110,366,666 yen, and Duramente in 3rd place (last generation; 14 head sold), at 104,735,714 yen. Among sires that produced their first generation, Saturnalia occupied the 2nd place (16 head put up for auction, all sold), bringing in 95,700,000 yen (5th place overall).General overview of thoroughbred yearling sales in 2022
◆ Total sales were 30,047,820,000 yen, up 11.9% from the previous year for a second consecutive year of double-digit growth. The outcome also marked the 14th consecutive year-on-year increase and the 13th consecutive record high.
◆ The highest price was paid for a colt whose sire was Maurice and whose dam was Mosheen (AUS), purchased for 495,000,000 yen.
Thoroughbred yearling sales in 2022 were held at seven auctions across the country for 15 days, from the Kyushu Yearling Sale held on June 21 to the Hokkaido Autumn Sale held on October 18. The Kyushu Yearling Sale, Hokkaido Sale, and Select Sale were conducted a hybrid auctions, while the Hachinohe Sale was held as a regular auction. In the overall yearling sales, a total of 2,801 yearlings (1,480 colts, 1,321 fillies) were put up for auction, and 2,223 head (1,228 colts, 995 fillies) were sold, renewing the sold head record for a 14th consecutive year. This corresponded to a sales vs. offered ratio of 79.4%, marking a 2.1 point increase from the previous year. Total sales were 30,047,820,000 (an 11.9% increase from the previous year). In addition to exceeding the 30.0 billion yen level for the first time, the outcome marked the 14th consecutive year-on-year increase and the 13th consecutive record high. The average price was 13,516,788 yen (a 9.3% increase from the previous year), remaining above the 10 million yen level for the seventh consecutive year and marking the eighth consecutive record high. The average price for a colt was 16,928,534 yen (an 8.1% increase from the previous year), and the average price for a filly was 9,306,110 yen (a 10.5% increase from the previous year). The median price was 5,940,000 yen, reflecting an 8.0% increase from the previous year.
As for the Select Sale by the JRHA, total sales were 14,157,000,000 yen, a 10.6% increase from the previous year. In the Hokkaido Sale under the auspices of the Hidaka Horse Breeders’ Association (HBA), out of 2,495 head put up for auction, 1,963 head were sold, corresponding to a sales vs. offered ratio of 78.7%. Total sales were 15,746,390,000 yen (a 13.4% increase from the previous year), and the average price was 8,021,594 yen, reflecting a 9.7% increase from the previous year and marking a record high. The Nikkei Stock Average, an economic indicator, started at 29,301.79 yen at the beginning of the year, and fell to 27,156.14 yen by October 18 (a 7.3% decline), the final day of the Yearling Sales, underscoring the strength of the thoroughbred sales.
The highest price in a transaction at the Select Sale was paid for a colt whose sire was Maurice and whose dam was Mosheen (AUS), purchased for 495,000,000 yen by Danox Co., Ltd. from Osaka Prefecture. Among fillies, the highest price in a transaction at the Select Sale was paid for a filly whose sire was Daiwa Major and whose dam was Coasted (USA), purchased for 231,000,000 yen by Susumu Fujita from Tokyo.
Reviewed by each sire, Frankel (GB) was tops with one head sold for 170,500,000 yen, followed by sire Heart’s Cry in 2nd place (last generation; six head put up for auction, all sold), at 117,516,666 yen. Among sires that produced their first generation, Rey de Oro was tops, with 25 head sold for 45,188,000 yen (7th place overall).General overview of thoroughbred two-year-old sales in 2022
◆ Total sales were 1,662,760,000 yen, a decline of 23.7% from the previous year. The average price was 10,797,142 yen, down 33.1% from the previous year.
◆ The highest price was paid for a filly whose sire was Maurice and whose dam was Floral Curve, purchased for 64,240,000 yen at the Chiba Thoroughbred Sale.
Thoroughbred two-year-old sales in 2022 were held at two auctions over three days. For the two auctions, a total of 192 head (93 colts, 99 fillies) were put up for auction, and 154 head (83 colts, 71 fillies) were sold. The sales vs. offered ratio was 80.2%. As in 2021, the Chiba Thoroughbred Sale was held as an online auction, and the Hokkaido Training Sale was held as a hybrid auction.
Total sales were 1,662,760,000 yen, a 23.7% decline from the previous year. The highest price in 2021 exceeded 500 million yen, but this was an abnormally high figure. The average price was 10,797,142 yen, a 33.1% decline from the previous year, and the median price was 7,810,000 yen, a 5.3% decline from the previous year but still the second-highest amount on record. Although the figures seem to have declined notably from the previous year, it appears the general consensus was that they were broadly on par with the levels seen in normal years.
In the Hokkaido Training Sale, which was held for the seventh time at the Sapporo Racecourse, out of 134 head (60 colts, 74 fillies) put up for auction, 96 head (50 colts, 46 fillies) were sold, corresponding to a sales vs. offered ratio of 71.6%. Total sales were 769,340,000 yen, the average price was 8,013,958 yen, and the median price was 6,490,000 yen. Meanwhile, in the Chiba Thoroughbred Sale, out of 58 head (33 colts, 25 fillies) put up for auction, 58 head (33 colts, 25 fillies) were sold, corresponding to a sales vs. offered ratio of 100.0%. Total sales were 893,420,000 yen, the average price was 15,403,793 yen, and the median price was 9,680,000 yen.
The highest price was paid for a filly whose sire was Maurice and whose dam was Floral Curve, purchased for 64,240,000 yen at the Chiba Thoroughbred Sale by Susumu Fujita from Tokyo. Among colts, the highest price was paid for a colt whose sire was Lord Kanaloa and whose dam was Air Routine, purchased for 48,510,000 yen by Be Project Co.,Ltd. from Osaka Prefecture.
Reviewed by each sire, Lord Kanaloa was tops, with one head sold for 48,510,000 yen, followed by Runhappy (USA) in 2nd place, with one head sold for 46,200,000 yen. Among sires that produced their first generation, Talismanic (GB) was tops, with one head sold for 19,250,000 yen (9th place overall).For Further details, please visit the following sites.
| JBIS | http://www.jbis.jp/ |
| 2022 Sales Catalogues and Results (Foal, Yearling, Two-Year-Old) | |
| About Markets in Japan | |
| 2023 Sales Dates in Japan (JBIS) | |
| 2023 Sales Dates in Japan | |
