ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Consumer Durables

Honma Golf Ltd.

Business Summary

Honma Golf Ltd. operates as a holding company, which manufactures and sells golf club and golf equipment. Its products include golf clubs, caddy bags, bags, head covers, shoes, gloves, caps, visors, golf wear, golf balls and other accessories. The company was founded on October 7, 2013 and is headquartered in Minato, Japan.

Financial Highlights

Mar 2022 HKDUSD
Revenue2,006.93M257.81M
Gross Profit1,022.07M131.29M
Operating income381.86M49.05M
Income before tax523.72M67.27M
Net income428.88M55.09M
EBITDA498.06M63.98M
Diluted EPS0.700.09
Dividends Per Share0.210.02
Total Assets2,672.99M341.31M
Total liabilities1,037.18M132.43M
Total equity1,638.75M209.25M
Operating cash flow407.72M52.37M
Currency in HKDCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,852.84M 1,963.84M 1,710.13M 1,661.91M 2,006.93M
Gross Profit 1,125.78M 1,135.48M 871.17M 764.41M 1,022.07M
Operating income 425.93M 369.91M 27.63M 94.77M 381.86M
Income before tax 378.67M 396.31M -25.71M 176.92M 523.72M
Net income 277.21M 297.67M -52.65M 135.89M 428.88M
EBITDA 451.64M 400.84M 134.71M 232.38M 498.06M
Diluted EPS 0.45 0.48 -0.08 0.22 0.70
Dividends Per Share 0.22 0.24 0.22 0.23 0.21
Total Assets 2,670.96M 2,772.15M 2,792.73M 2,567.57M 2,672.99M
Total liabilities 604.28M 701.75M 1,266.04M 1,067.48M 1,037.18M
Total equity 2,070.00M 2,073.63M 1,529.96M 1,503.30M 1,638.75M
Operating cash flow 136.32M 184.50M 40.16M 293.73M 407.72M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 237.26M 250.42M 218.78M 214.36M 257.81M
Gross Profit 144.15M 144.79M 111.45M 98.59M 131.29M
Operating income 54.54M 47.17M 3.53M 12.22M 49.05M
Income before tax 48.49M 50.53M -3.28M 22.82M 67.27M
Net income 35.49M 37.95M -6.73M 17.52M 55.09M
EBITDA 57.83M 51.11M 17.23M 29.97M 63.98M
Diluted EPS 0.05 0.06 -0.01 0.02 0.09
Dividends Per Share 0.02 0.03 0.02 0.03 0.02
Total Assets 340.32M 353.14M 360.31M 330.25M 341.31M
Total liabilities 76.99M 89.39M 163.34M 137.30M 132.43M
Total equity 263.75M 264.15M 197.39M 193.36M 209.25M
Operating cash flow 17.45M 23.52M 5.13M 37.88M 52.37M

Valuation Measures

Mar 2022
PER4.41
ROA16.36%
ROE27.29%
Operating margin19.02%
Profit margin21.37%

Key executives

  • President & Executive Director: Yasuki Ito
  • Chief Financial Officer: Weiwen Bian
  • Executive Director & Chief Administrative Officer: Zuo Jun
  • Executive Director & GM-Domestic Sale Division: Yuji Murai
  • Secretary: Ying Man Sham

Shareholders

  • LIU JIAN GUO /HONMA GOLF/ (38.7%)
  • ITOCHU Corp. (6.3%)
  • Norges Bank Investment Management (3.0%)
  • FIL Investment Management (Hong Kong) Ltd. (1.6%)
  • Dimensional Fund Advisors LP (0.3%)
  • Amundi Asset Management US, Inc. (0.2%)
  • Dimensional Fund Advisors Ltd. (0.0%)

Contact Details

Related Companies

  • Seiyou Holdings Ltd.

Competitors

  • Fusheng Precision Co. Ltd.
Last Updated on 1 Feb, 2023

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more