Other Region

No. Golf course Appraisal Value1
(JPY million)
Location Number of Holes Revenue FY18/192
(JPY million)
Utilisation Rates FY18/19
(%)
1 Mishima Country Club 2,970 Mishima-Shi, Shizuoka 18 652 82.4
2 Ashitaka Six Hundred Club 2,110 Numazu-Shi, Shizuoka 18 622 83.7
3 Jurigi Country Club 1,710 Fuji-Shi, Shizuoka 18 478 66.7
4 Nijo Country Club 1,610 Itoshima-Shi, Fukuoka 18 537 83.1
5 Yunoura Country Club 1,210 Hioki-Shi, Kagoshima 18 459 79.7
6 Sanyo Kokusai Golf Club 1,090 Sanyoonoda-Shi, Yamaguchi 36 657 63.0
7 Hongo Country Club 1,050 Mihara-Shi, Hiroshima 18 394 66.7
8 Dainiigata Country Club Izumosaki Course 882 Santo-Gun, Niigata 18 341 63.8
9 Sasebo Kokusai Country Club 873 Sasebo-Shi, Nagasaki 18 375 69.7
10 Beppu No Mori Golf Club 838 Beppu-Shi, Oita 27 489 66.3
11 Osato Golf Club 809 Kurokawa-Gun, Miyagi 18 326 84.4
12 Central Fukuoka Golf Club 801 Chikushino-Shi, Fukuoka 18 517 84.2
13 Aoshima Golf Club 750 Miyazaki-Shi, Miyazaki 18 458 71.5
14 Takehara Country Club 526 Takehara-Shi, Hiroshima 18 305 57.7
15 Izu Kokusai Country Club 521 Izu-Shi, Shizuoka 18 303 65.5
16 Rainbow Sports Land Golf Club 512 Miyakonojo-Shi, Miyazaki 18 251 65.7
17 Nagasaki Park Country Club 476 Saikai-Shi, Nagasaki 18 360 64.8
18 Fukuoka Pheasant Country Club 465 Tagawa-Gun, Fukuoka 18 324 72.2
19 Dainiigata Country Club Sanjo Course 451 Sanjo-Shi, Niigata 18 253 58.5
20 Kikuchi Country Club 442 Kikuchi-Shi, Kumamoto 18 320 65.0
21 Onuma Lake Golf Club 381 Kayabe-Gun, Hokkaido 27 255 49.6
22 Hananomori Golf Club 337 Kurokawa-Gun, Miyagi 18 417 70.0
23 Amagaseonsen Country Club 332 Hita-Shi, Oita 18 275 57.4
24 Tarumae Country Club 327 Tomakomai-Shi, Hokkaido 27 336 50.2
25 Yamagataminami Country Club 277 Higashiokitama-Gun, Yamagata 18 219 61.5
26 Huis Ten Bosch Country Club 107 Saikai-Shi, Nagasaki 18 304 59.0
27 Kanazawa Central Country Club 64 Kanazawa-Shi, Ishikawa 18 319 64.3

1 Based on real estate appraisals as at 31 December 2018 conducted by the Independent Real Estate Appraisers.
2 Revenue includes play fees (green fees and cart fees), caddy fees, restaurant charges, membership fees and other revenues from the golf course.