The 12th hole at the Plantation Course at Kapalua Golf Club in Kapalua, Hawaii. Under a three-year plan, Honma is investing heavily in the US to grow its market share to as much as 10 per cent from less than 1 per cent now. Photo: AFP The 12th hole at the Plantation Course at Kapalua Golf Club in Kapalua, Hawaii. Under a three-year plan, Honma is investing heavily in the US to grow its market share to as much as 10 per cent from less than 1 per cent now. Photo: AFP
The 12th hole at the Plantation Course at Kapalua Golf Club in Kapalua, Hawaii. Under a three-year plan, Honma is investing heavily in the US to grow its market share to as much as 10 per cent from less than 1 per cent now. Photo: AFP

Covid-19 pandemic derails Japanese golf manufacturer Honma’s business plan even as second-half sales outlook improves

  • Golf club maker had a US$7.8 million loss in the first half ended September 30, exceeding the US$7.1 million loss in the preceding 12 months
  • Honma counts Chinese entrepreneur Liu Jianguo, Thai group Charoen Pokphand and Japanese trading house Itochu Corp among its major shareholders

Topic |   Coronavirus China
The 12th hole at the Plantation Course at Kapalua Golf Club in Kapalua, Hawaii. Under a three-year plan, Honma is investing heavily in the US to grow its market share to as much as 10 per cent from less than 1 per cent now. Photo: AFP The 12th hole at the Plantation Course at Kapalua Golf Club in Kapalua, Hawaii. Under a three-year plan, Honma is investing heavily in the US to grow its market share to as much as 10 per cent from less than 1 per cent now. Photo: AFP
The 12th hole at the Plantation Course at Kapalua Golf Club in Kapalua, Hawaii. Under a three-year plan, Honma is investing heavily in the US to grow its market share to as much as 10 per cent from less than 1 per cent now. Photo: AFP
READ FULL ARTICLE