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Tokyo Region
| No. | Golf course | Appraisal Value1 (JPY million) |
Location | Number of Holes | Revenue FY18/192 (JPY million) |
Utilisation Rates FY18/19 (%) |
|---|---|---|---|---|---|---|
| 1 | Daiatsugi Country Club Hon Course | 8,000 | Atsugi-Shi, Kanagawa | 27 | 1,334 | 87.1 |
| 2 | Daiatsugi Country Club Sakura Course | 6,530 | Atsugi-Shi, Kanagawa | 18 | 1,124 | 110.4 |
| 3 | Tokyowan Country Club | 3,780 | Sodegaura-Shi, Chiba | 27 | 1,071 | 90.4 |
| 4 | Tsuchiura Country Club | 3,600 | Inashiki-Shi, Ibaraki | 27 | 903 | 86.5 |
| 5 | Central Golf Club | 2,880 | Namegata-Shi, Ibaraki | 36 | 989 | 77.7 |
| 6 | Odawara Golf Club Matsuda Course | 2,870 | Ashigarakami-Gun, Kanagawa | 18 | 636 | 83.4 |
| 7 | Yorii Country Club | 2,830 | Osato-Gun, Saitama | 18 | 673 | 79.9 |
| 8 | Fujioka Golf Club | 2,650 | Fujioka-Shi, Gunma | 36 | 715 | 68.2 |
| 9 | Aqualine Golf Club | 2,600 | Kisarazu-Shi, Chiba | 18 | 644 | 81.0 |
| 10 | Naritahigashi Country Club | 2,440 | Katori-Shi, Chiba | 18 | 575 | 81.6 |
| 11 | Mito Golf Club | 2,430 | Mito-Shi, Ibaraki | 36 | 827 | 68.0 |
| 12 | Kanetsu Highland Golf Club | 2,000 | Takasaki-Shi, Gunma | 27 | 616 | 80.1 |
| 13 | Chiba Sakuranosato Golf Club | 1,950 | Katori-Shi, Chiba | 18 | 548 | 82.5 |
| 14 | Minagawajo Country Club | 1,910 | Tochigi-Shi, Tochigi | 18 | 595 | 76.4 |
| 15 | Sawara Country Club | 1,910 | Katori-Shi, Chiba | 18 | 627 | 82.0 |
| 16 | Ohiradai Country Club | 1,800 | Tochigi-Shi, Tochigi | 27 | 597 | 72.9 |
| 18 | Tamagawa Country Club | 1,570 | Hiki-Gun, Saitama | 18 | 578 | 80.9 |
| 18 | Sainomori Country Club | 1,460 | Chichibu-Shi, Saitama | 18 | 647 | 79.8 |
| 19 | Kodamakamikawa Country Club | 1,400 | Kodama-Gun, Saitama | 18 | 534 | 83.7 |
| 20 | Kanra Country Club | 1,350 | Kanra-Gun, Gunma | 18 | 500 | 78.8 |
| 21 | Central Golf Club New Course | 1,340 | Namegata-Shi, Ibaraki | 18 | 476 | 81.7 |
| 22 | Wildduck Country Club | 1,310 | Kamisu-Shi, Ibaraki | 18 | 454 | 77.9 |
| 23 | Myogi Country Club | 1,270 | Tomioka-Shi, Gunma | 18 | 971 | 75.4 |
| 24 | Ishioka Golf Club West Course | 1,110 | Kasama-Shi, Ibaraki | 18 | 539 | 82.9 |
| 25 | Hanao Country Club | 1,070 | Isumi-Gun, Chiba | 18 | 499 | 83.3 |
| 26 | Koryo Country Club | 1,020 | Kanuma-Shi, Tochigi | 27 | 515 | 69.1 |
| 27 | Midono Country Club | 1,000 | Fujioka-Shi, Gunma | 18 | 510 | 83.3 |
| 28 | Northern Country Club Nishikigahara Golf Course | 973 | Saitama-Shi, Saitama | 43 | 1,221 | 85.3 |
| 29 | Twin Lakes Country Club | 935 | Fujioka-Shi, Gunma | 18 | 550 | 84.6 |
| 30 | Chichibu Kokusai Country Club | 741 | Chichibu-Gun, Saitama | 18 | 351 | 72.5 |
| 31 | Kamogawa Country Club | 646 | Kamogawa-Shi, Chiba | 18 | 587 | 82.6 |
| 32 | Kitsuregawa Country Club | 332 | Sakura-Shi, Tochigi | 27 | 536 | 65.6 |
| 33 | Northern Country Club Akagi Golf Course | 270 | Shibukawa-Shi, Gunma | 27 | 402 | 60.9 |
| 34 | Northern Country Club Jomo Golf Course | 113 | Agatsuma-Gun, Gunma | 18 | 238 | 72.0 |
| 35 | Village Higashi Karuizawa Golf Club* | 28 | Annaka-Shi, Gunma | 18 | 271 | 60.9 |
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.
* Village Higashi Karuizawa Golf Club was divested on 3rd June 2019.