Issue link: https://read.dmtmag.com/i/164037
F&I FOCUS PSB 14 • September 9, 2013 • Powersports Business www.PowersportsBusiness.com ww POWERSPORTS BUSINESS STOCKS HONDA PAGE 12 CONTINUED FROM other operating revenue grew 16.3 percent to ¥2.8 trillion year-over-year. Operating income rose 5.1 percent to ¥184 million, while net income dropped 7.0 percent to ¥122.4 million. Meanwhile, Honda Motor Co., Ltd.'s first quarter motorcycle unit sales were up 143,000 units, or 3.7 percent in the first quarter of the company's fiscal 2014. That increase was led by a charge from Asia, which saw a 194,000-unit hike, an increase of 5.9 percent over Q1 2013. North American motorcycle sales rose by 3,000 units, or 5.1 percent to 62,000. Japan's unit sales decreased by 8.5 percent, while "other regions" dropped 41,000 units, or 9.15 percent. Europe took the hardest hit percentage-wise with unit sales down 13.3 percent. Overall, the motor company's net sales and KAWASAKI REPORTS MOTORCYCLE SALES GROWTH IN Q1 Kawasaki Heavy Industries, Ltd. reported worldwide net sales of motorcycles and engines increased 26.3 percent in its first quarter, which ended June 30. Total motorcycle and engine sales were ¥67.5 billion for the period. Despite that increase, the company's overall net sales were nearly flat, with a 0.4 percent decrease to ¥282.5 billion for the quarter. Kawasaki's net income saw a large dip, down 25.4 percent to ¥4.5 billion. PSB FOREIGN CURRENCY EXCHANGE 8/20/13 1 Month Ago 6 Months Ago Year Ago Annual Price Price%Change Price %Change Price%Change High Low Australian Dollar 1.10 1.09 -1.3% 0.97 -11.8% 0.96 -13.1% 0.95 1.12 British Pound 0.64 0.66 2.7% 0.65 2.5% 0.64 -0.2% 0.61 0.67 Canadian Dollar 1.04 1.04-0.1% 1.01 -2.3% 0.99-4.8%0.971.06 Euro 0.74 0.762.2% 0.75 0.4%0.818.8% 0.73 0.81 Indian Rupee 63.56 59.63 -6.2% 54.09 -14.9% 55.68 -12.4% 51.87 63.56 Indonesian Rupiah10,685 10,078 -5.7% 9,683 -9.4% 9,490 -11.2% 9,46210,685 Japanese Yen 97.14 100.39 3.4% 93.69 -3.6% 79.37 -18.3% 77.44103.51 Malaysian Ringget3.29 3.19-2.9% 3.10 -5.8% 3.13-4.8%2.963.29 Phillipine Peso 43.67 43.37-0.7%40.66 -6.9% 42.44-2.8% 40.57 43.83 Singapore Dollar 1.28 1.26-0.8% 1.24 -3.0% 1.25-1.8%1.221.28 South Korean Won 1,121 1,122 0.1% 1,078 -3.8% 1,136 1.3% 1,055 1,161 Taiwan Dollar 29.97 29.92 -0.2% 29.53 -1.5% 30.01 0.1% 28.95 30.15 Thailand Bhat 31.64 31.08-1.8%29.82 -5.8% 31.52-0.4% 28.61 31.64 Note: A positive percent change reflects a weakening of the U.S. dollar and a strengthening of the foreign currency. Source: Wells Fargo Securities LLC POWERSPORTS BUSINESS INDEX COMPONENTS Company Arctic Cat, Inc. ARI Network Services, Inc. Assurant, Inc. Brunswick Corp. General Electric Co. Harley-Davidson, Inc. Honda Motor Corp. ADR Orbital Engine Corp. Ltd. ADR Polaris Industries, Inc. Stock Price PricePercent 52-Week Ticker 8/20/137/23/13Change High Low ACAT $56.72 $49.42 14.8% $58.26 $32.12 ARIS $2.98 $2.98 0.2% $3.05 $0.95 AIZ $55.09 $53.12 3.7% $56.12 $33.36 BC $36.94 $33.10 11.6% $39.86 $21.08 GE $23.72 $24.71 -4.0% $24.95 $19.87 HOG $58.62 $55.96 4.8% $59.84 $40.59 HMC $37.55 $39.03 -3.8% $42.13 $29.26 OE $2.85 $2.50 14.0% $7.00 $2.05 PII $114.02 $106.02 7.5% $116.65 $73.67 DOMESTIC STOCKS OF INTEREST Company ArvinMeritor ADP Bridgestone Corp. ADR Carlisle Companies Cooper Tire & Rubber Dover Corporation Intl. Speedway Corp. Cl. A Deere & Company MarineMax, Inc. Spy Inc. Speedway Motorsports, Inc. Universal Technical Institute Stock Price PricePercent 52-Week Ticker 8/20/137/23/13Change High Low ARM $7.49 $7.85 -4.6% $8.50 $3.83 ADP $72.34 $72.49 -0.2% $73.83 $54.02 BRDCY $67.84 $74.86 -9.4% $76.67 $43.73 CSL $67.50 $68.10 -0.9% $70.55 $49.65 CTB $32.46 $33.54 -3.2% $34.80 $18.38 DOV $86.83 $86.40 0.5% $88.70 $54.90 ISCA $31.99 $34.82 -8.1% $35.77 $24.22 DE $83.25 $83.90 -0.8% $95.60 $73.14 HZO $11.82 $10.65 11.0% $14.18 $7.16 XSPY $1.15 $1.25 -8.0% $2.25 $0.50 TRK $18.19 $19.46 -6.5% $19.86 $14.18 UTI $11.23 $11.65 -3.6% $13.97 $8.00 INTERNATIONAL STOCKS OF INTEREST Company BMW AG BRP, Inc. Kawasaki Heavy Industries KTM Powersports AG Michelin NGK Sparkplug Suzuki Motor Yamaha Motor Yokohama Rubber Stock Price PricePercent 52-Week Ticker 8/20/137/23/13Change High Low BMW-ETR 74.05 €72.43 € 2.2%76.16 €54.35 € DOO-TSE $29.00 $27.05 7.2% $29.50 $23.41 7012-TKS 361 ¥ 349 ¥ 3.4% 401 ¥ 151 ¥ KTM-WBO 53.30 €50.50 € 5.5%57.19 €43.00 € ML-PAR74.66 €76.30 € -2.1%77.98 €56.00 € 5334-TKS 1896 ¥ 2126 ¥ -10.8% 2153 ¥ 796 ¥ 7269-TKS 2224 ¥ 2504 ¥ -11.2% 2919 ¥ 1354 ¥ 7272-TKS 1306 ¥ 1442 ¥ -9.4% 1825 ¥ 642 ¥ 5101-TKS 877 ¥ 1042 ¥ -15.8% 1312 ¥ 506 ¥ Source: Wells Fargo Securities LLC S Ed ton vid int An ing fol sol cyc D are cyc of L the $7 on I F& po era en cen in F& typ 20 ran the pre on tio dec pen eac gro rat per car adm P10x21-PSB11-Focus.indd 14 8/28/13 10:49 AM