2023 Hokkaido September 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:
Sep. 19 (Tue) ～ 21 (Thu)All days:
8:30～

Group exhibition of horses by lot number
Horses available for inspection at stables

12:00～Sale(On-site repository access available each day from 8:00～ end of sale.)

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

On-line repository access will be available from 3pm on Sep. 14 (Thu) Japan Timeon the HBA's main website at: www.hba.or.jp/en.

The online catalogue, along with photos, as we ll as general information including
results from past sales can be seen on the HBA's main website a t:
www.hba.or.jp/en.

〈 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, pleasecontact HBA agent Ms. Satomi Oka (satomi@bloodstock.jp) or send the Sale
Participation Agreement Form included in this Catalogue and also available fordownload at www.hba.or.jp/en to the HBA at least 15 days prior to the Sale, andthe HBA will be in contact with you. In addition, if you wish to have an authorized
agent bid and purchase on your behalf at the sale, you will need to submit theAgent Authorization Form also included in this catalogue and available fordownload at www.hba.or.jp/en.
⇒Please refer to Articles 16 and 17 of the Conditions of Sale

【 Important】
・ Entry to the Sale will be limited to Buyers who have registered prior to the Saleand related personnel.
・ Buyer Registration must be completed at least 15 days prior to the Sale.
・ 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.

【 Measures against Infectious Diseases within the Sales Venue】
・ Your cooperation with temperature checks and disinfecting of hands whenentering the grounds is very much appreciated.

・ Please refrain from attending if you may have contracted a viral infection or
have any symptoms associated with viral infections or are feeling unwell.
・ The wearing of masks will be left up to each individual sale attendee, but yourconsideration of others within the sales facilities where conditions may becrowded, including being mindful of speaking loudly without a mask or whensneezing or coughing, will be much appreciated.
・ All seats within the sales venue will be spaced for social distancing.
・ Sales officials and staff will be wearing masks when speaking and working inclose proximity with Buyers and other related attendees.

We appreciate your cooperation and understanding. We will make further
announcements should future circumstances require us to change t he 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 be
provided 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:
Sep. 19 (Tue) ～ 21 (Thu)All days:
08:00～ end of sale session
On-line Repository access (from 3pm Sep. 14) at: www.hba.or.jp/en.
* Note: (i) The repository material will have been taken between early Augustand early September(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, Amauros is, Glaucoma), Periodic Ophthalmia(Moonblindness), blindness in at least one eyec. Castrationd. History of surgery under general anesthesia
e. Any other conditions the Sale Holder considers necessary⇒

Please refer to Article 18 of the Conditions of Sale

3. Horse Inspection
Horses can be inspected at the stables during the following time s:
Sep. 19 (Tue) ～ 21 (Thu)All days:
08:30～

Group exhibition of horses by lot number

Horses available for inspection at stables

4. Bidding in the Sale

A list of the sellers’ preferred starting prices will be distributed on the day of thesale. Bidding will start from this price; however, except ions may be made if there
are no bids, and the starting price may be lowered with the consent of the seller.
Bids can be 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 purc hase 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 timin g 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, i ncluding
purchase of horses at sales. As such, buyers of horses at sales in Japan will be
asked 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 purchased to beexported out of Japan. The refund is also applicable 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 A gent Form appointing
someone as his/her tax agent in Japan (someone who c an 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 hors es 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 receiv ed 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 tax authorities will
send the refund amount to the designated account of the tax agent. The b uyer
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.