International Dealer News 157 Oct/Nov 2020 IDN 157 Oct/Nov 2020 | Page 25

THE BRADLEY REPORT

THE BRADLEY REPORT

Yamaha reported 1.709 million total global motorcycle unit sales for the first half of 2020 , generating net sales of 375.2bn yen , down from 2.516 million units and 504.2bn yen for the first six months of 2019 . Units sales in Europe totalled 99,000 , down from 109,000 for the first half of last year , with North American sales at 28,000 units ( down from 32,000 of the year-ago period ); domestic sales in Japan were 42,000 units , down from 46,000 , with Asia reporting 1.364 million units sold , compared to 2.115 million for the first half of 2019 . In Yamaha ' s ' Land Mobility ' ( Motorcycles ) segment , net sales were 429.0bn yen ( a decrease of -133.6bn yen or 23.7 % compared with the same period the previous fiscal year ), with an operating loss of -6.7bn yen ( the
same period the previous fiscal year showed an operating income of 20.8bn yen ). Due to the impact of the COVID-19 pandemic , the number of PTWs sold decreased , and the various lengths of factory closures in each country resulted in lower sales and income . Additionally , total demand in Indonesia dropped significantly due to stricter examinations on sales finance due to the economic downturn . In India and the Philippines , the effects of lockdowns were longer than in other countries . However , in China , Vietnam and Taiwan , the recovery of total demand has steadily progressed . At a corporate level , net sales for Yamaha Motor Co ., Ltd .' s consolidated accounting period for the first six months of the fiscal year ending December 31 , 2020 were 685.5bn yen ( a decrease of -170.4bn yen or 19.9 % compared with the same period the previous fiscal year ). Operating income was 19.1bn yen ( a decrease of -49.9bn yen or 72.3 %), ordinary income was 20.7bn yen ( a decrease of 49.5bn yen or -70.5 %), and a net loss for the quarter attributable to owners of parent was -2.8bn yen ( the same period the previous fiscal year recorded a net income of 52.0bn yen ).

The all-new WR450F - " increased power , sharper handling and stronger braking ". Completely redesigned for 2021 , equipped with the same lighter and more powerful 2,450 cc engine as well as the all-new sharper handling aluminium bilateral beam frame first seen on Yamaha ’ s latest generation YZ450F motocross bikes . Dainese Group acquires TCX boots

Owned by the Bahrain Investment Corporation ( BIC - aka Investcorp ), the Dainese Group ( Dainese apparel and AGV helmets ) has acquired the Montebelluna near Treviso , Italy based boot maker TCX -formerly known as Oxtar and owned by Keyhaven Capital Partners ' subsidiary Novation . Founded in 1999 and best known for its Torsion Control System ( TCS ), the move takes Dainese closer to its vision of ' Head to Toe ' safety , and former Ducati man and now CEO at Dainese Cristiano Silei is quoted as saying " improving safety in dynamic sports has always been the Dainese mission - committing to ongoing research into innovative systems that protect athletes from head to toe . We are extremely proud of this acquisition . TCX shares with Dainese the passion for product quality and adds technical and development skills that are fundamental in motorbike footwear ." Dainese was founded in 1972 by Lino Dainese and bought the famous , 1947 founded AGV helmet brand in 2007 , becoming a part of BIC in 2014 in a deal that valued Dainese at the time as being worth € 130m ; the cost of the TCX deal has not been disclosed at this stage . TCX S . r . l . was acquired by London based equity investor Keyhaven Capital Partners in 2017 and later that same year Claus Stenbaek ( a Keyhaven Managing Partner and TCX / Novation Chairman ) appointed former Dainese Sales and Marketing Director Andrea Nalesso as the company ’ s new CEO .
The new for 2020 TCX RT Race Pro Air features a double flex control system and the Michelin Burnout double compound rubber sole with a specific grip area inspired by the " Power Supersport Evo " tyre compound . www . idnmag . com