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Honda marks its first business jet sale in Japan

Investor and game company co-founder Kotaro Chiba buys $5m plane

Honda Motor delivered its first HondaJet business plane in Japan on Dec. 20.

TOKYO -- Honda Motor delivered Thursday its first HondaJet business plane in Japan to prominent investor Kotaro Chiba, co-founder of game company Colopl.

The automaker is moving into the largely untapped domestic market for private business planes. It handed over a HondaJet Elite boasting an improved range of 2,661 km -- enough for direct flights between Tokyo and Beijing or Shanghai. The jet is priced at $5.25 million.

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