05 October, 2020
The second to last sale of the Japanese yearling sales calendar is in the books, and this sale continued to display the health of the Japanese bloodstock market compared to other global markets. The three-day sale saw healthy increases across the broad that COVID-19 and a global economic downturn have not affected yet.
The 2020 renewal of the September Sale was a day longer than last year's sale, so while the increase to the gross was expected on sheer numbers alone, the increases to the clearance, average and median were a welcome relief to the Japanese breeding industry. 75.0% of the 601 lots to pass through the rings sold, grossing ¥2,211,220,000 (US$20,805,566) a 38.4% increase. The average and median were ¥4,902,926(US$46,254) and ¥3,850,000 (US$36,320), an increase of 11.4% and 11.4% respectively. Interestingly, the lowest price of the sale, which usually remains uniform in sales each year, was ¥660,000(US$6,226), a twice the price from 2019. Overall, 31 yearlings sold for over ¥10,000,000(US$94,339) this year, up from 25 last year.
The highest lot of the sale was Hip 370, the half brother to Babbitt(JPN) who had just won the G2 St. Lite Kinen on his path to challenge Derby hero Contrail(JPN) in the G1 Kikuka Sho(Japanese St. Leger) in late October. Babbitt(JPN) by Nakayama Festa(JPN) was already a G3 winner, having won the G3 Radio Nikkei Sho back in July. On day two of the sale, Dearest Club went to ¥27,500,000(US$259,433) for the Vincennes(JPN) sired yearling colt.
Hokko Tarumae(JPN) grossed the most of any stallion in the sale, bringing in ¥73,480,000(US$693,207) for 12 lots sold and an average of ¥6,123,333(US$57,767). While he didn't have the highest average, his average was the strongest of those stallions with ten lots or more sold. The Factor(USA) was a strong second, selling all 12 of his offerings for a gross of ¥69,630,000(US$656,886) and an average of ¥5,802,500(US$54,740). Strong Return(JPN) had the most lots going into the sale but also sold well, moving along 15 yearlings for a gross of ¥68,090,000(US$642,358) and an average of ¥4,539,333(US$42,823).
Asia Express(USA) sold 11 lots for a gross of ¥60,390,000(US$569,716) and average of ¥5,490,000(US$51,792). Copano Rickey(JPN) had 12 lots gross ¥59,730,000(US$563,490) and average ¥4,977,500(US$46,957). Isla Bonita(JPN) grossed ¥56,100,000(US$529,245) and averaged ¥5,610,000(US$52,924) with 10 sold. Makfi(GB) sold nine lots for a gross of ¥55,110,000(US$519,905) and average of ¥6,123,333(US$57,767).
Four popular young sires sold all of their yearlings that were cataloged. Kizuna(JPN) sold all four of his yearlings for a gross of ¥47,190,000(US$445,188) and an average of ¥11,797,500(US$111,297). Duramente(JPN) sold four lots to gross ¥43,890,000(US$414,056) and averaged ¥10,972,500(US$103,514). Mikki Isle(JPN) sold eight lots to gross ¥42,680,000(US$402,641) and average ¥5,335,000(US$50,330). Maurice(JPN) sold all three of his yearlings to gross ¥28,600,000(US$269,811) and an average ¥9,533,333(US$89,937).
The final yearling sale of the 2020 sales calendar will be held on October 19th and 20th, the Hokkaido Autumn Sale. COVID-19 protocols that were upheld in previous sales will continue through the Autumn Sale as well.
Sale Topper 370 (Vincennes(JPN) x Art Ryoko(JPN)) sold for ￥27,500,000
US$1 = JP¥106.00
All values include tax.
Please contact our representative below for further details:
Satomi Oka (Ms)
Satomi Oka Bloodstock Pty Ltd
E-mail : satomi@bloodstock.jp
Tel : +61 414 414 450