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Suzuki Reports 2012-2013 Fiscal Year Results

Suzuki reported an operating loss of 11.9 billion yen (US$117.1 million) from its motorcycle business for its fiscal year ended March 31, 2013. The loss stems from a 10.7% decrease in motorcycles sales and a 9.6% decline in motorcycle revenue from its 2012-2013 fiscal year. According to Suzuki‘s year-end report, motorcycles accounted for 230.3 billion yen in sales revenue, down 254.8 billion yen reported the previous year.

Suzuki to Relocate R&D Facility to Lower Tsunami Risk Area

Suzuki is considering moving its motorcycle research facility from its current coastal location to its main factory in Hamamatsu, Japan, to decrease the risk of damage from future tsunamis. According to a report in the Nikkei business daily, Suzuki is acquiring more land in Hamamatsu to house the research center and other facilities. Suzuki CEO Osamu Suzuki first brought up the idea to relocate some of its higher risk coastal properties during its 2011-2012 fiscal year forecast report.

NZ Superbike Series Points Leader Is A Grandfather Of Three!

Dennis Charlett is stamping his authority on the New Zealand Superbike championship. The 45 year-old father of five and grandfather of three (no, those aren’t typos) won the first three races of the season during the series opener in Christchurch, placing him firmly at the top of the points standings heading into round two at Levels Raceway, near Timaru. The championship favorite certainly got the wake-up call as Taupo’s Suzuki rider Scott Moir raced to a convincing win in Saturday’s Superbike race, while Charlett was forced to settle for fourth place.