2022 Hokkaido Selection Sale (Yearlings)
Sale Holder: Hidaka Horse Breeders’ Association (HBA)
Iburi Breeders’ Association (IBA)
Tokachi Breeders’ Association

Sale Location: Hokkaido Sales Complex
175-2 Kamimori, Shizunai, Shinhidaka-cho, Hidaka-gun, Hokkaido

Dates and Times:

July 25 (Mon)<Pre-sale Inspection>
10:00～ 17:00

Inspection at stables(10:00～ 15:10

Group exhibition of horses by lot number)

Repository access available 9:00～ 17:00
Please note: Not all horses may be present at the pre-sale inspection.
July 26 (Tue) ～ 27 (Wed)<Sale Day 1 & 2 (Both days)>8:00～

Horses available for inspection at stables

10:00～

SaleRepository access available 8:00～ end of sale

Please note the Sale will be conducted in a regular format (with live bidding inperson) with required pre-registration for buyers.

On-line repository access will be available from 3 pm on July 21 (Thu) Japan Time on
the HBA's main website at: http://www.hba.or.jp/english/index.html.

The online catalogue, along with photos, as well as general informati on including
results from past sales can be seen on the HBA's main website at:
http://www.hba.or.jp/english/index.html.

〈 Notice to Sale Participants〉

1. Buyer Registration
Parties wishing to register as a buyer at the sale must either provide a certifier
approved by the sale holder or pay a deposit according to the amount of expectedpurchase at the sale. However, buyers with past purchase records may be exempt
from this requirement. If you are interested in purchasing at the sale, pleasecontact HBA agent Ms. Satomi Oka (satomi@bloodstock.jp) or send the Sale
Participation Agreement Form included in this Catalogue and also available fordownload at http://www.hba.or.jp/english/index.html to the HBA by July 11, 2022
(Mon), and the HBA will be in contact with you. In addition, if you wish to have anauthorized agent bid and purchase on your behalf at the sale, you will need tosubmit the Agent Authorization Form also included in this catalog ue and availablefor download at http://www.hba.or.jp/english/index.html.
⇒Please refer to Articles 16 and 17 of the Conditions of Sale

【 Important】
・ Only Buyers who have registered prior to the Sale will be able to enter the salesvenue.
・ Buyer Registration must be completed by July 11, 2022 (Mon).
・ Please note that you will not be able to register on the day of the Sale. Anyone
considering making a purchase is requested to kindly register in advance.
・ Two accompanying guests will be allowed per registered Buyer.
・ We will send Attendance Badges to the principal attendee prior to th e Sale. Please
make sure you bring the badges to the Sale.

【 COVID-19 Countermeasures within the Sales Venue】
・ We will limit the number of entrances and conduct temperature checks at eachentrance. Please make sure to disinfect your hands when entering th e grounds.

・ Please refrain from attending if you have symptoms associat ed with COVID-19
or are feeling unwell.
・ Please wear a mask and maintain social distancing while at the sales venue.
・ All seats within the sales venue will be spaced for social distancing.

We appreciate your cooperation and understanding. We will make further
announcements should future circumstances require us to change the sales

format.

2. Information on Sale Horses
The following information on sale horses will be printed and distributed themorning of the sale for buyers’ reference.
(a) Body Measurements (Height, Heart girth, Cannon circumference)(b) Availability of repository material:
Repository material (28 or 36 radiographs of the limbs, upper airway
endoscopy video) may be voluntarily submitted by sellers. Information will beprovided on which horses have had repository material submitted.
⇒Please refer to Article 4 and <Appendix 1> of the Conditions of Sale

On-site Repository Operating Hours:(Pre-Sale)
July 25 (Mon)9:00～ 17:00(Sale)
July 26 (Tue) ～ 27 (Wed)
8:00～ end of saleOn-line Repository access (from 3pm July 21) at: http://www.hba.or.jp/english/index.html* Note: (i) The repository material will have been taken between June 11 andJuly 14.
(ii)The repository is open to Buyers, Authorized Agents, trainers andveterinarians.
(c) Vices, Diseases
a. Vices (Cribbing, Weaving, Box-Walking, Self-Biting)b. Eye abnormalities (Cataracts, Amaurosis, Glaucoma ), Periodic Ophthalmia(Moonblindness), blindness in at least one eyec. Castrationd. History of surgery under general anesthesia
e. Any other condition deemed relevant by the Sale Holder⇒

Please refer to Article 18 of the Conditions of Sale

3. Horse Inspection
Horses can be inspected at the stables during the following times:(Pre-Sale)
July 25 (Mon)
10:00～ 17:00

Inspection at stables(10:00～ 15:10

Group exhibition of horses by lot number)(Sale)
July 26 (Tue) ～ 27 (Wed)
8:00～

Horses available for inspection at stables

4. Bidding in the Sale
Both the seller and buyer are allowed to participate in the bidding. Bidding will
start from the price of the first bid that is made, and the participant who has madethe highest bid will be the successful bidder. However, if the person who has madethe highest bid is the seller, the horse will go on record as being unsold. Bids canbe advanced by one hundred thousand (100,000) yen or multiples thereof.
⇒Please refer to Articles 11, 19 and 20 in the Conditions of Sale

5. Re-sale
The “re-sale” system gives buyers a chance to purchase horses that have gone
through the ring once and were unsold. If interested, a registered buyer canrequest for the seller to put the unsold horse up for re-sale, and if the seller agrees,
the horse can be offered again as a re-sale horse as long as it is in the same saleon the same day. A buyer wishing to request a re-sale should, after reaching anagreement with the seller of the horse on the starting bidding price for the re-sale,promptly notify the sale holder of the request. As re-sale horses will be offeredduring the regular course of the sale, buyers are asked to refer to announcements
by the sale holder for information on the timing of re-sales. Any and all registeredbuyers are allowed to join the bidding on a re-sale horse.
⇒Please refer to Article 12 in the Conditions of Sale

6. Purchase Settlement and Delivery of Horse⇒

Please refer to Articles 21 and 22 in the Conditions of Sale

7. Problems with Purchased Horses⇒

Please refer to Articles 24, 25 and 26 in the Conditions of Sale8. Consumption Tax (Tax Refund Procedure for Foreign Buyers)
In Japan, a 10% consumption tax is applicable on sales and service fees, including
purchase of horses at sales. As such, buyers of horses at sales in Japan will beasked to pay 10% tax in addition to the price of the horse. However, there is a way
to apply for a refund of the consumption tax if the horse was p urchased to beexported out of Japan. The refund is also applica ble to consumption tax paid on
boarding fees and export costs of the horse to be exported. The following is a brief
explanation of the consumption tax refund procedure:1) The buyer needs to submit to the Japanese tax authorities a Notification ofTaxable Operation Form to declare himself/herself as a taxable entity in Japan.
(The buyer first needs to be a taxable entity in order to receive a tax refund.)
2) The buyer also needs to submit a Notification of Tax Agent Form appointing
someone as his/her tax agent in Japan (someone who can represent the buyer
on tax-related matters in Japan).
3) These forms must be signed by the buyer and will have to be submitted by theend of the year the buyer first purchases horses in Japan. (The name of thebuyer appearing on these forms should coincide with the name of the buyer ofthe horse at the sale.)4) Once the above forms have been submitted, each year, the tax agent will need
to obtain the necessary tax exemption application form from the tax authorities
and submit the completed form along with records of the buyer ’s expenditures
for the past year by the end of February the following year. (Such records will
include invoices and purchase agreements for horses purchased, invoices forboarding fees and export costs and records of payment received for thesecosts.)
5) It will take several months for the application to be reviewed and approved by
the tax authorities. Once the refund has been approved, the t ax authorities will
send the refund amount to the designated account of the tax agent. The buyer
will receive the refund not directly, but through the tax agent.
Please be aware that there is a possibility these conditions may change if for somereason the buyer is unable to or chooses not to export the horse out of Japan.