{"id":54832,"date":"2025-11-28T11:05:00","date_gmt":"2025-11-28T11:05:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2025\/11\/28\/honma-golf-announces-interim-results-for-fy2025-26-strong-growth-in-korea-while-other-markets-under-pressure\/"},"modified":"2025-11-28T11:05:00","modified_gmt":"2025-11-28T11:05:00","slug":"honma-golf-announces-interim-results-for-fy2025-26-strong-growth-in-korea-while-other-markets-under-pressure","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2025\/11\/28\/honma-golf-announces-interim-results-for-fy2025-26-strong-growth-in-korea-while-other-markets-under-pressure\/","title":{"rendered":"HONMA Golf Announces Interim Results for FY2025\/26 Strong Growth in Korea While Other Markets under Pressure"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        HONG KONG SAR &#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\" rel=\"sponsored\">Media OutReach Newswire<\/a> &#8211; 28 November 2025 &#8211;<br \/>\n<b>HONMA Golf Limited<\/b> (&#8220;HONMA&#8221;; together with its subsidiaries, the &#8220;Group&#8221;; HKEx stock code: 6858), one of the world&#8217;s most prestigious golf brands, announces its consolidated interim results for the six months ended 30 September 2025 (the &#8220;Period&#8221;).<\/p>\n<p><b>Financial Highlights<\/b>\n<\/p>\n<ul>\n<li>\n    In the face of a slowing global economy, heightened policy uncertainty and intensified competition across the global golf industry, the Group&#8217;s revenue for the Period declined by 18.1% year-on-year to JPY7,867.5 million (equivalent to USD53.9 million), on a constant currency basis.\n  <\/li>\n<li>\n    Korea delivered an exceptional performance, achieving comparable sales growth of 44.9% during the Period. Retail sales in Korea surged by 70.8%, on a constant currency basis, driven by continued improvements in retail operations.\n  <\/li>\n<li>\n    Outside Korea, sales in China (including Hong Kong and Macau) remained subdued, recording a marginal decline of 0.4% on a constant currency basis. Japan posted a 33.1% decrease on a constant currency basis, reflecting the impact of wholesale channel restructuring.\n  <\/li>\n<li>\n    Gross profit margin remained resilient, improving by 0.5 percentage points to 53.5% compared with the same period last year, supported by notable margin gains in Korea and China (including Hong Kong and Macau).\n  <\/li>\n<li>\n    Net operating cash flow remained positive at JPY1922.9 million (equivalent to USD13.2 million).\n  <\/li>\n<\/ul>\n<p>\n<b>Major Achievements <\/b><\/p>\n<p>During the six months ended 30 September 2025, the golf industry faced intensified competition and shifting dynamics in player participation and purchasing behaviour, driven by a slowing global economy and regional challenges. Despite these headwinds, HONMA remained firmly committed to executing its long-term strategy. The group continued to invest in product innovation, expand its distribution network, and strengthen brand marketing initiatives, while maintaining a robust financial position and healthy cash flow.\n<\/p>\n<p><b>Korea Market Bucks Trend with Growth <\/b>\n<\/p>\n<p>Despite subdued market conditions and weak sentiment, Korea delivered an exceptional performance during the Period, defying broader industry headwinds. Supported by the Group&#8217;s continued success in its DTC operations and the renewal of its distribution arrangement, Korea achieved strong growth across both retail and wholesale channels. Sales from self-operated stores surged by 70.8%, while distributor sales rose by 41.5%, both on a constant currency basis. Enhanced consumer experiences and refined merchandising strategies provided additional momentum, driving a marked improvement in profitability. During the Period, gross profit margin expanded to 65.6%, underscoring the effectiveness of HONMA&#8217;s channel strategy and its ability to capture demand in this dynamic, premium-performance golf market.\n<\/p>\n<p><b>Newly Launched Products Achieved Good Performance<\/b>\n<\/p>\n<p>HONMA&#8217;s latest product introductions have resonated strongly with golfers, reinforcing the brand&#8217;s reputation for Japanese craftsmanship and product performance. On a constant currency basis, country-specific clubs recorded solid comparable growth of 36.9%, while putter sales rose by 39.0%, reaffirming HONMA&#8217;s strong brand equity. The Tour World series also gained traction, with sales in the Chinese Mainland, the US and Europe increasing by 19.3%, 130.4% and 19.1% respectively, all on a constant currency basis. In addition, golf balls achieved notable success in China, posting a 52.3% increase following the launch of a multipack series tailored to consumer preferences. These results underscore HONMA&#8217;s ongoing commitment to product innovation and its ability to capture demand across key markets.\n<\/p>\n<p><b>Re-defining the HONMA Brand<\/b>\n<\/p>\n<p>HONMA continued to implement a range of initiatives to reinforce its global brand positioning and deepen engagement with target consumers. To re-establish HONMA as a dynamic, relevant, and premium golf lifestyle brand among digitally savvy younger golfers, the Group has consistently enhanced its global website and social media presence through regular, high-quality visual and content updates, driving brand awareness and product appeal.\n<\/p>\n<p>Supported by a full-channel approach and increased investment in digital marketing, HONMA&#8217;s e-commerce sales grew by 5.1% in the Chinese Mainland and 25.6% in the Taiwan market.\n<\/p>\n<p><b>Business Outlook<\/b>\n<\/p>\n<p>In the years ahead, HONMA will continue executing its long-term growth strategy to position itself as a world-leading golf lifestyle brand. This strategy builds on the Group&#8217;s rich heritage, expanding distribution network, cutting-edge technologies, and traditional Japanese craftsmanship. Key priorities include enhancing and transforming brand value to strengthen customer loyalty, consolidating leadership in the super-premium segment, and driving meaningful progress in the fast-growing premium-performance category. HONMA also aims to deliver sustainable growth in North America and Europe through an updated product and distribution strategy, while expanding complementary non-club product lines to offer a complete golf lifestyle experience. Additionally, the Group will maintain its focus on product innovation to align with evolving market trends and consumer preferences.\n<\/p>\n<p><b>Mr. LIU Jianguo, Chairman of the Board, President, and Executive Director of HONMA Golf Limited<\/b>, stated: &#8220;Despite ongoing market challenges, HONMA has demonstrated resilience, maintained strong gross margins, and expanded its direct-to-consumer channels. By anchoring our strategy around the super-premium and premium-performance segments, enhancing digital capabilities, and optimizing our distribution network, we have established a solid foundation for sustainable growth and are well-positioned to deliver long-term value for our stakeholders.&#8221;\n<\/p>\n<p><b>Hashtag: <\/b>#HONMAGolf<\/p>\n<p>\n            <em>The issuer is solely responsible for the content of this announcement.<\/em>\n        <\/p>\n<p>        <img loading=\"lazy\" src=\"http:\/\/track.media-outreach.com\/index.php\/WebView\/432406\/4121\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"\/>\n    <\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/hong-kong-sar\/2025\/11\/28\/432406\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG SAR &#8211; Media OutReach Newswire &#8211; 28 November 2025 &#8211; HONMA Golf Limited (&#8220;HONMA&#8221;; together with its subsidiaries, the &#8220;Group&#8221;; HKEx stock code: 6858), one of the world&#8217;s most prestigious golf brands, announces its consolidated interim results for the six months ended 30 September 2025 (the &#8220;Period&#8221;). Financial Highlights In the face of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":54833,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/54832"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=54832"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/54832\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/54833"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=54832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=54832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=54832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}