Horny Harry
12-09-2002, 16:33
Thoroughbred Breeding in Japan -4-
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Thoroughbred Sales
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JPreviously the majority of thoroughbred trades were handled through individual relationships between owner and breeder, but public auctions have become more lively with the number of horses handled at auctions increasing each year. Regarding the timing of selling-buying, yearlings comprise the majority and, as such, the tendency was that the best bloodlines were sold first. Extreme examples of this include the sale of foals outright prior to birth. While 1999's total crop was 8,272, the number of horses sold at public auctions was 1,391. This was approximately 17 percent of the total number. Of this 2.8 percent were sold at foal sales, 11.1 percent at yearling sales, and 2.9 percent at 2-year-old training sales.
Foal Sales
The Select Sale is the biggest foal sale. The Select Sale was started in 1998 by the Japan Racing Horse Association at Northern Horse Park in Tomakomai, Hokkaido. Since foals are still nursing when they are sold at this early July auction, transfer of the horse naturally takes place after they have been weaned, with the due date schedule for April 30 the following year. Sellers are responsible for the cost of upkeep and insurance until then. In an effort to minimize the buyer's risk, half of the sale price is paid within 10 days after the hammer with the remaining 50 percent paid by March 31 the following year.
Sunday Silence's offspring always head the list of foals with extremely fine bloodlines being offered, and since any number of high-priced horses appear at this auction, there are some overseas buyers. Dubai's Team Godolphin and Ireland's Coolmore Group competed fiercely at the 2001 sale, with the average price being 29.32 million YEN. A Sunday Silence foal brought in the top price of 190 million YEN, and the lowest price was 4 million YEN.
Yearling Sales
Yearling sales are held monthly from spring through autumn by breeders associations in each breeding region. The largest sales supervisor is Hidaka Breeders' Association (HBA), comprised of breeders from the Hidaka region, and its Hokkaido Selection Sale in July is followed by monthly auctions until November. The Hokkaido Selection Sale features horses carefully selected by the organizers and an assortment of higher quality stock than is available at sales from August on. The average price for yearlings nationwide in 2000 was YEN 5.95 million; the highest price, 51 million YEN; and the lowest, 5 million YEN. Incidentally, T.M. Opera O, who is currently setting records for prize money winnings, sold for 10 million YEN at HBA's October Sale.
Two-Year-Old Training Sales
Premier Sale Co., Ltd. held a 2-year-old training sale at the JRA Sapporo Racecourse in 1997. After this, training sales for 2-year-olds have begun to gain popularity. These 2-year-old sales benefit both sides, as sellers have the opportunity to sell horses who are not descended from famous pedigree at their intended price by adding value, and buyers can avoid the risks associated with the training period and obtain horses that are nearly ready to race. Training sales fetched an average price of 9.75 million YEN, a high of 68 million YEN, and a low of 1.1 million YEN in 2000. Two-year-old training sales include the Premier Sale at Sapporo Racecourse, Hokkaido May Training Sale hosted by HBA at the Hidaka Racehorse Cooperative Rearing Center in Niikappu, and JA Hidaka East's Hidaka Training Sale at JRA Hidaka Yearling Training Farm in Urakawa. These auctions are concentrated from May through early June, and timed to coincide with the June start of races for 2-year-olds.
Breeding Stock Sales
Auctions for mares and shares of stallions as well as season auctions are also held. Shadai Group holds a Broodmare Winter Sale at Northern Horse Park in Tomakomai in January. At the 2001 auction, 66 broodmares mostly in-foal were offered for an average price of 10,110,000 YEN, the top price was 40 million YEN with a low of 10 million YEN. Japan Stallion Nomination Co., Ltd. also holds its Leading Sires Nomination Sale in Shizunai in January. At the 2001 auction, Sunday Silence's season went for 24.1 million YEN and Brian's Time's season for 8.9 million YEN.
A harmony exists between all the components of the racing industry. Breeders provide potentially high-level horses and necessary expertise in raising and training horses, and fair distribution through an open market. JRA and NAR tracks carry out racing in a fair and attractive environment. The final component is, of course, our enthusiastic horse racing fans. Each segment contributes in its own way to produce powerful horses. We feel that Japan will surely continue to contribute to the development of horse racing and thoroughbred breeding throughout the world.
For inquires, please contact:
Japan Association for International Horseracing (JAIR)
Tel: (Country code 81) 3-3503-8221
Fax: (Country code 81) 3-3503-8226
URL: http://www.jair.jrao.ne.jp/
E-mail: jair@jair.jrao.ne.jp
Japan Bloodhorse Breeders' Association (JBBA)
Tel: (Country code 81) 3-5473-7091
Fax: (Country code 81) 3-5473-7097
URL: http://www.jbba.jp/
E-mail: webmaster@jbba.jbis.or.jp
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Thoroughbred Sales
--------------------------------------------------------------------------------
JPreviously the majority of thoroughbred trades were handled through individual relationships between owner and breeder, but public auctions have become more lively with the number of horses handled at auctions increasing each year. Regarding the timing of selling-buying, yearlings comprise the majority and, as such, the tendency was that the best bloodlines were sold first. Extreme examples of this include the sale of foals outright prior to birth. While 1999's total crop was 8,272, the number of horses sold at public auctions was 1,391. This was approximately 17 percent of the total number. Of this 2.8 percent were sold at foal sales, 11.1 percent at yearling sales, and 2.9 percent at 2-year-old training sales.
Foal Sales
The Select Sale is the biggest foal sale. The Select Sale was started in 1998 by the Japan Racing Horse Association at Northern Horse Park in Tomakomai, Hokkaido. Since foals are still nursing when they are sold at this early July auction, transfer of the horse naturally takes place after they have been weaned, with the due date schedule for April 30 the following year. Sellers are responsible for the cost of upkeep and insurance until then. In an effort to minimize the buyer's risk, half of the sale price is paid within 10 days after the hammer with the remaining 50 percent paid by March 31 the following year.
Sunday Silence's offspring always head the list of foals with extremely fine bloodlines being offered, and since any number of high-priced horses appear at this auction, there are some overseas buyers. Dubai's Team Godolphin and Ireland's Coolmore Group competed fiercely at the 2001 sale, with the average price being 29.32 million YEN. A Sunday Silence foal brought in the top price of 190 million YEN, and the lowest price was 4 million YEN.
Yearling Sales
Yearling sales are held monthly from spring through autumn by breeders associations in each breeding region. The largest sales supervisor is Hidaka Breeders' Association (HBA), comprised of breeders from the Hidaka region, and its Hokkaido Selection Sale in July is followed by monthly auctions until November. The Hokkaido Selection Sale features horses carefully selected by the organizers and an assortment of higher quality stock than is available at sales from August on. The average price for yearlings nationwide in 2000 was YEN 5.95 million; the highest price, 51 million YEN; and the lowest, 5 million YEN. Incidentally, T.M. Opera O, who is currently setting records for prize money winnings, sold for 10 million YEN at HBA's October Sale.
Two-Year-Old Training Sales
Premier Sale Co., Ltd. held a 2-year-old training sale at the JRA Sapporo Racecourse in 1997. After this, training sales for 2-year-olds have begun to gain popularity. These 2-year-old sales benefit both sides, as sellers have the opportunity to sell horses who are not descended from famous pedigree at their intended price by adding value, and buyers can avoid the risks associated with the training period and obtain horses that are nearly ready to race. Training sales fetched an average price of 9.75 million YEN, a high of 68 million YEN, and a low of 1.1 million YEN in 2000. Two-year-old training sales include the Premier Sale at Sapporo Racecourse, Hokkaido May Training Sale hosted by HBA at the Hidaka Racehorse Cooperative Rearing Center in Niikappu, and JA Hidaka East's Hidaka Training Sale at JRA Hidaka Yearling Training Farm in Urakawa. These auctions are concentrated from May through early June, and timed to coincide with the June start of races for 2-year-olds.
Breeding Stock Sales
Auctions for mares and shares of stallions as well as season auctions are also held. Shadai Group holds a Broodmare Winter Sale at Northern Horse Park in Tomakomai in January. At the 2001 auction, 66 broodmares mostly in-foal were offered for an average price of 10,110,000 YEN, the top price was 40 million YEN with a low of 10 million YEN. Japan Stallion Nomination Co., Ltd. also holds its Leading Sires Nomination Sale in Shizunai in January. At the 2001 auction, Sunday Silence's season went for 24.1 million YEN and Brian's Time's season for 8.9 million YEN.
A harmony exists between all the components of the racing industry. Breeders provide potentially high-level horses and necessary expertise in raising and training horses, and fair distribution through an open market. JRA and NAR tracks carry out racing in a fair and attractive environment. The final component is, of course, our enthusiastic horse racing fans. Each segment contributes in its own way to produce powerful horses. We feel that Japan will surely continue to contribute to the development of horse racing and thoroughbred breeding throughout the world.
For inquires, please contact:
Japan Association for International Horseracing (JAIR)
Tel: (Country code 81) 3-3503-8221
Fax: (Country code 81) 3-3503-8226
URL: http://www.jair.jrao.ne.jp/
E-mail: jair@jair.jrao.ne.jp
Japan Bloodhorse Breeders' Association (JBBA)
Tel: (Country code 81) 3-5473-7091
Fax: (Country code 81) 3-5473-7097
URL: http://www.jbba.jp/
E-mail: webmaster@jbba.jbis.or.jp