Company introduction

The company mainly designs, develops, manufactures and sells high-husband balls, as well as HONMA-branded high-husband balls, clothing, accessories and other related products, so as to provide customers with a comprehensive lifestyle. According to Frost Sullivan's report, according to retail sales in 2015, HONMA is the seventh largest high-end product brand and the sixth-largest high-end ball brand in the world, with a market share of 2.7% and 5.7%, respectively. According to 2015 retail sales, HONMA is also the first high-end high-end golf brand in the world, with a market share of 22.6%.

For the years ended March 31, 2014, 2015 and 2016, the company's earnings were 157.13 yen, 185.25 yen and 223.69 yen respectively, while the company's annual profit attributable to the parent company was 25.94 yen, 23.04 yen and 35.69 yen, respectively.

The defined use of the proceeds

Assuming that the over-allotment rights have not been exercised, based on the median sales calculation of HK $9.72 per share, it is estimated that the income from the sale of shares will be HK $1219.7.