Ryan Villopoto returned to the top of the podium and extended his lead in the 2012 AMA Supercross Championship to 13 points with a victory at the Edwards Jones Dome in St. Louis, Mo. The Monster Energy Kawasaki rider had his win streak snapped at three after losing to Red Bull KTM‘s Ryan Dungey last […]
Kawasaki Reports Q3 2011-2012 Results
Kawasaki reported a net profit of 33.7 billion yen (US$441.9 million) for the nine months ended Dec. 31, 2011, but its motorcycle and engine division continues to operate at a loss.
The motorcycle and engine division, which also includes ATVs, UTVs, personal watercraft and power products, operated at a loss of 4.58 billion yen (US$60.1 million) over the first three quarters of Kawasaki‘s 2011-2012 fiscal year, including a loss of 2.2 billion yen (US$28.9 million) in the third quarter alone. By comparison, Kawasaki reported a loss of 2.63 billion yen (US$34.5 million) over the first three quarters of 2010.
Kawasaki reports growth in motorcycle sales in emerging markets while sales in developed markets dropped. The rising value of the Japanese yen and flooding in Thailand also hurt the bottom line.
The motorcycle and engine division sold 344,000 units over its first three quarters, compared to 321,000 units sold over the same period the year before. North American sales accounted for 69,000 units. The entire division saw a drop in sales from 2010 but motorcycle sales actually rose from the 37,000 reported last year.