According to the Zhitong Finance App, Honma Golf (06858) announced interim results for the six months ended September 30, 2023, with earnings of 13.195 billion yen, a year-on-year decrease of 11.6%; net profit of 3.33 billion yen, up 7.8% year on year; profit per share of 5.5 yen; and a proposed interim dividend of 1.5 yen per share.

According to reports, gross margin decreased by 0.6 percentage points from 52.7% for the six months ended September 30, 2022 to 52.1% for the six months ended September 30, 2023, mainly due to rising raw material prices, downward monetary pressure, and tightening of inventory reserve policies.