JRHA Select Sale (10th July)

[lurkey mclurker]

Orfevre x Weemissfrankie filly for just over half a million.

[lurkey mclurker]

Sounds like Mr. Satomi has another Satono on the way...

Report from Yearling session of 2017 Select Sale

The first fireworks on the day is seen at early part of the yearling session of JRHA Select, which organized the first edition in 1998 and the sale in 2017 is the 20th anniversary, when Hip#13, colt by Deep Impact out of Silverskaya, consigned by Northern Farm, is bought by Masaaki Matsushima of Kiefffers Co Ltd for 260,000,000yen,

Matsushima, who is close friend of super jockey Yutaka Take, said of the purchase. "It is my dream to materialize the dream of Yutaka Take. This is the reason why I bought this yearling."
And the biggest fireworks of the day is seen afternoon, when Hip#107 went on the sales ring. After seven minutes long bidding war, Satomi Hajime manages to buy the colt by Deep Impact out of Listen for 270,0000,000yen.

"There are two yearlings which I am interested in today, but one of them scratched unfortunatey. Hence, though the price went up a bit more than I thought, I kept trying", Satomi said after the purchase. The colt will be trained by Yasutoshi Ikee at Ritto.

216 yearlings are sold for 8,634,500,000yen in total at the yearling session of 2017 JRHA Select Sale. It is 6.2% increase from 2016 and establishes the new record at the yearling session. The average price, 39,974,537yen, is 18.2% higher than 2016 and is also new record at the yearling session. And the clearance rate, 89.3%, eclipses the previous record.

"This is obviously better market than I expected", Katsumi Yoshida of Northern Farm, the biggest consignor at the market, said at conclusion of the session. "15 horses are sold for more than 100 million yen today. 8 of them are yearlings by Deep Impact and 7 of them are yearlings by another stallion. We have variation of top stallions and I think it helps to boost the market. And we have seen a lot of new players in the market and it is also factor behind the strong market."

The second and foal session of JRHA Select Sale starts at 10:00am on Tuesday 11th.

I went to bed somewhere around hip 80, I missed the second half excitement. :-/

hip 13 - http://www.jrha.or.jp/walking/2017/play ... ing_013_pc
hip 107 - http://www.jrha.or.jp/walking/2017/play ... ing_107_pc

[lurkey mclurker]

...aaaaaaaaaand the first foal, a colt by Heart's Cry out of Ana Americana, goes for $825,000

[lurkey mclurker]

The Lord Kanaloa x Lasting Song colt that I liked went for $877,000...

[lurkey mclurker]

Deep Impact x Condo Commando (USA) colt is first over a million... $1.5m

[lurkey mclurker]

Full sister to Gentildonna (Deep Impact x Donna Blini) - 37,000 Japanese yen or just about $3.6 million (shown on the monitor, $3.2m shown onscreen graphic... still A LOT OF MONEY).

[lurkey mclurker]

Sales topper so far, Deep Impact x Elusive Wave (IRE) colt for $5 million/58,000 JPY

[lurkey mclurker]

Deep Impact x Contested (USA) colt - $1.75 million - to Mr Satomi

[lurkey mclurker]

awwww the Black Tide x Sugar Heart (JPN) colt - full brother to Kitasan Black - has a (very large draft ) nurse mare in the ring with him... $1.2 million

[lurkey mclurker]

The splash-marked Madre Bonita '17 colt by Tosen Homareboshi - $122,000

[lurkey mclurker]

So apparently the same buyer behind Kitasan Black full brother & Gentildonna full sister - DMM.com, a gaming company? I dunno, I'm sure tachyon or uma will know more.

[lurkey mclurker]

Deep Impact x Zazu filly - $631,000

[uma_nosuke]

So apparently the same buyer behind Kitasan Black full brother & Gentildonna full sister - DMM.com, a gaming company?

Dmm.com is an enterprise providing for a variety of on-line entertainments, such as DVD/CD rental, PC softwares, and AKB48 Live on demand. This time, the company announced to embark on a new type of horse club business in a few months time that sells 10,000 shares of their horses to the racing fans.

Their club is unique in that the unusual number of shares aims at reducing fans' financial risks involved in investing blood stocks; all costs－including monthly expenditures for feeding and managing a racehorse all through his entire racing career－is paid in advance, in a lump-sum, and exclusively on-line, probably using a smart phone application originally developed. For example, with Loves Only Me 2016, the full sister to Real Steel, the price of one share is said to be 'about $300~$400 in total.' Once paid at the outset, no additional charges requested (I slightly doubt it).

In my opinion, this is a horse version of AKB48 business. With AKB girls replaced by sisters and brothers of well-known horses like Gentildonna or Kitasan Black whom they bought at the Select Sale 2017, lots of fans feel united and satisfied in their support of their idol horses with the minimum costs. Financial returns, of course, will be a minor factor.

[lurkey mclurker]

Thank you, uma! It looks like the pricing will be similar, if the source is accurate:

Satomi‏ @satomifletcher 9h 9 hours ago

Sis to HOTY Gentildonna was purchased by new synd club. One share of her will be approx. US350. How many shares???

[lurkey mclurker]

Sales topper so far, Deep Impact x Elusive Wave (IRE) colt for $5 million/58,000 JPY

apparently the second-highest foal price in JRHA history... http://tinyurl.com/y75mkubw

Prominent Japanese owner Riichi Kondo secured the Elusive Wave colt, who he said has the potential to become an internationally significant runner and a future sire.

The huge ¥580m price Kondo paid is the second-highest in the colorful history of the JRHA auction

[lurkey mclurker]

awwww the Black Tide x Sugar Heart (JPN) colt - full brother to Kitasan Black - has a (very large draft ) nurse mare in the ring with him... $1.2 million

[BaroqueAgain1]

That's quite a set of hindquarters on the Black Tide colt. Must be some good stuff in that nurse mare's milk.

[sweettalk]

why is he on a nurse mare?

[bare it all]

I actually love the idea of the huge syndicate being available to the casual fan. A one time buy-in of a few hundred dollars into some of the best bloodstock? Think of how much interest there could be with say a sibling to Chrome or Pharoah or a foal out of Zenyatta? They'd likely not be world beaters, but I think it would be a "fun" endeavor for the casual fan to possibly learn more about what it takes to make a racehorse.

[uma_nosuke]

My impression is that whether the club succeeds or not may depend on the smartphone application; if it is securely well-made so that fans can easily check how their horses are being fed and trained (workout videos, etc.) and frequent updates about the growing yearlings are provided, perhaps the new enterprise may turn out to be a huge success because the most important thing for any owner or fans is to know the latest information on their horses on a weekly basis. Also their experiences having been accumulated in running on-line securities/FX tradings seem favorable and applicable to the new on-line horse business.