Honma Golf Limited 6858 269.5% 1,110.3 9.7 10.6% 68.2% 1,620.1 14.2 15.4% 3.1% 1.7% 186.3% 16.5% 88.1% 1
1.4 58.7% 5,914.2 6.0% 15.9% 2,285.0 13.9% HONMA HONMA 50 133,991,000 0.0000025 10.00 1,339,910,000 2
170 345 209.5 186.3% 599.6 255.2 33.8% 169.1 131 141 Kolon BERES Be ZEAL 1,128.5 16.5% 1,314.2 100 3
102 3.1% 105 1.7% BERES TOUR WORLD Be ZEAL BERES 2 2 TOUR WORLD 6 Be ZEAL 5 5 6 4
HONMA (1) (a) (b) 5
86 HONMA... 37 3 34... 50 7 (1) 9 48... 4 4... 91 7 12 86 (1) 3 7 2,700 (a) (b) 1,188 Golf 5 Xebio 6
163,000 335 24 30 HONMA 989 2,440.0 45.5 2.6 18.4 24.5 7
2 293.2 193.1 (i)beres BERES06 2 (ii)be ZEAL ZEAL535 5 5 6 8
(i) (ii) (iii) (iv) (i) (ii) (iii) (iv) HONMA TEAM HONMA HONMA Instagram Twitter (CNN International) 100 9
1,500,000 2,500,000 10.8% 0.6% 24% 19% 10
% % %... 10,521,806 100.0 10,205,712 100.0 3.1... (4,340,410) 41.3 (4,361,779) (42.7) (0.5)... 6,181,396 58.7 5,843,933 57.3 5.8... 140,354 1.3 42,879 0.4 227.3... (3,943,688) (37.5) (4,351,570) (42.6) (9.4)... (717,730) (6.8) (930,646) (9.1) (22.9). (253,431) (2.4) (96,873) (0.9) 161.6... (18,061) (0.2) (13,806) (0.1) 30.8... 72,707 0.8 5,867 0.1 1,139.3... 1,461,547 13.9 499,784 5.1 192.4... (351,219) (3.3) (199,309) (2.0) 76.2... 1,110,328 10.6 300,475 3.1 269.5... 1.82 0.65 180.0 SG&A (1)... 4,618,506 43.9 4,882,457 47.8 (5.4) (2)... 1,620,130 15.4 962,981 9.4 68.2 (3)... 1,234,988 11.7 747,008 7.3 65.3 11
(1) (a) (b) (i) (ii) SG&A SG&A (a) (b) SG&A (2) (i) (ii) (iii) (iv) (3) (i) (ii) (iii) (iv) (v) 10,205.7 3.1% 10,521.8 1.7% HONMA 12
(1) % % % % BERES... 3,716,990 35.3 4,063,575 39.8 (8.5) (10.5) TOUR WORLD... 2,548,503 24.2 1,888,933 18.5 34.9 34.0 Be ZEAL... 1,022,246 9.7 1,119,165 11.0 (8.7) (9.1) G1X (2)... 27,233 0.3 20,696 0.2 31.6 25.9 (3)... 1,123,722 10.7 1,009,313 9.9 11.3 9.9... 227,589 2.2 273,617 2.7 (16.8) (18.2)... 8,666,283 82.4 8,375,299 82.1 3.5 2.0... 438,226 4.2 232,950 2.3 88.1 87.1 (4)... 1,417,297 13.4 1,597,463 15.6 (11.3) (12.3)... 10,521,806 100.0 10,205,712 100.0 3.1 1.7 (1) (2) 8 9 (3) (4) 8,375.3 3.5% 8,666.3 2.0% BERES TW737 TOUR WORLD 34.0% 13
233.0 88.1% 438.2 87.1% 1,597.5 11.3% 1,417.3 12.3% 15.9% 27% 50 (1) % % % %... 5,680,039 54.0 5,706,910 55.9 (0.5) (0.5)... 1,314,180 12.5 1,128,455 11.1 16.5 16.2.. 1,967,028 18.7 1,968,746 19.3 (0.1) (2.3)... 599,611 5.7 209,460 2.1 186.3 159.5... 169,064 1.6 255,234 2.5 (33.8) (38.0)... 791,884 7.5 936,907 9.1 (15.5) (19.9)... 10,521,806 100.0 10,205,712 100.0 3.1 1.7 (1) 14
85.2% 5,706.9 0.5% 5,680.0 1,128.5 16.5% 1,314.2 16.2% BERES Be ZEAL 1,968.7 0.1% 1,967.0 2.3% 209.5 186.3% 599.6 159.5% 255.2 33.8% 169.1 38.0% 15
HONMA (a) (b) (1) % % % %... 3,779,743 35.9 3,944,704 38.7 (4.2) (5.3)... 6,742,063 64.1 6,261,008 61.3 7.7 6.2... 10,521,806 100.0 10,205,712 100.0 3.1 1.7 (1) 6,261.0 7.7% 6,742.1 3,944.7 4.2% 3,779.7 16
4,361.8 0.5% 4,340.4 % %... 2,282,713 52.4 2,065,437 47.4... 693,298 16.0 837,138 19.2 (1)... 228,007 5.4 276,289 6.3... 1,136,392 26.2 1,182,915 27.1... 4,340,410 100.0 4,361,779 100.0 (1) 5,843.9 5.8% 6,181.4 57.3% 58.7% 17
% % BERES... 2,462,226 66.2 2,741,629 67.5 TOUR WORLD... 1,444,460 56.6 953,182 50.5 Be ZEAL... 628,513 61.5 649,891 58.1 G1X (1)... 15,139 55.6 11,127 53.8 (2)... 656,239 58.4 653,370 64.7... 136,591 60.0 177,666 64.9... 5,343,168 61.6 5,186,865 61.9... 224,368 51.2 121,212 52.0 (3)... 613,860 43.3 535,856 33.5... 6,181,396 58.7 5,843,933 57.3 (1) 8 9 (2) (3) BERES 2 BERES BERES 2,741.6 10.3% 2,462.2 BERES 67.5% 66.2% 18
TOUR WORLD TW737 TOUR WORLD 6.1% 56.6% Be ZEAL 3.4% 61.5% 42.9 140.4 104.4 4,351.6 9.4% 3,943.7 % %... 1,531,057 38.8 1,776,689 40.8... 1,164,665 29.5 1,177,679 27.1... 694,367 17.6 718,763 16.5 (1)... 553,599 14.1 678,439 15.6... 3,943,688 100.0 4,351,570 100.0 (1) 19
930.6 22.9% 717.7 243.0 253.4 96.9 212.4 13.8 30.8% 18.1 5.9 72.7 499.8 192.4% 1,461.5 199.3 351.2 39.9% 24.0% 300.5 269.5% 1,110.3 3.1% 10.6% 20
SG&A SG&A SG&A SG&A (a) (b) (i) (ii) SG&A SG&A (a) (b)... 3,943,688 4,351,570... 717,730 930,646... (243,000)... (42,912) (156,759) SG&A... 4,618,506 4,882,457 21
(i) (ii) (iii) (iv)... 1,461,547 499,784... (140,354) (42,879)... 253,431 96,873... 243,000... 45,506 166,203... 1,620,130 962,981 (i) (ii) (iii) (iv) (v) (i) (ii)... 1,110,328 300,475... (140,354) (42,879)... 253,431 96,873... 243,000... 45,506 166,203... (33,923) (16,664)... 1,234,988 747,008 22
(1)... 244 258 (2)... 45 65 (3)... 31 39 (1) 365 (2) 365 (3) 365 23
... 1,779,470 962,601... 782,347 1,173,860... 3,792,558 4,508,865... (440,218) (352,428)... 5,914,157 6,292,898 1... 1,275,632 3,572,854 1 2... 2,534,747 1,287,782 2 3... 1,361,269 698,430 3 4... 384,005 355,957 4... 358,504 377,875... 5,914,157 6,292,898 24
18 24 16,092.0 1,450.0 0.33% 0.78% 25
(i) (ii) 1.1% 5.4% 201.7 16,798.3 26
(1) (%) (%) (%)... 29.4 4,939 29.4... 15.1 2,536 11.8 3.3... 15.1 2,536 5.9 9.2... 13.0 2,184 4.0 9.0... 17.3 2,906 17.1 0.2... 10.1 1,697 3.8 6.3... 100.0 16,798 42.6 57.4 (1) 9,647.5 1.00 114.250 27
2410 4 10,521,806 10,205,712 (4,340,410) (4,361,779) 6,181,396 5,843,933 4 140,354 42,879 (3,943,688) (4,351,570) (717,730) (930,646) (253,431) (96,873) 5 (18,061) (13,806) 72,707 5,867 6 1,461,547 499,784 7 (351,219) (199,309) 1,110,328 300,475 1,111,393 308,516 (1,065) (8,041) 1,110,328 300,475 8 1.82 0.65 28
1,110,328 300,475 1,313 (506) (405) 156 908 (350) 27,693 (216,534) 28,601 (216,884) 128,673 25,614 (39,400) 89,273 25,614 89,273 25,614 117,874 (191,270) 1,228,202 109,205 1,229,267 117,246 (1,065) (8,041) 1,228,202 109,205 29
10 1,962,479 2,015,445 11 1,940,789 1,940,789 338,942 342,212 652,295 724,432 1,247,385 1,356,814 6,141,890 6,379,692 12 5,914,157 6,292,898 13 3,965,250 5,097,647 756,440 443,543 7,508 14 16,091,992 12,712,506 26,727,839 24,554,102 15 614,962 699,601 1,312,541 1,361,176 16 1,450,000 291,287 28,055 7,803 653,689 627,995 4,059,247 2,987,862 22,668,592 21,566,240 28,810,482 27,945,932 30
17 1,389,383 1,656,540 354,470 476,596 63,643 83,518 1,807,496 2,216,654 27,002,986 25,729,278 18 154 154 27,047,938 25,773,165 27,048,092 25,773,319 (45,106) (44,041) 27,002,986 25,729,278 31
1,461,547 499,784 6 149,076 163,756 6 87,790 (49,977) (251) 6 36,642 24,274 6 (1,080) (1,902) 28,681 17 45,995 89,032 19 45,506 166,203 5 18,061 13,806 (72,707) (5,867) 1,799,260 899,109 290,951 420,074 1,132,648 1,526,570 (312,897) (49,333) 7,508 (17,035) 73,450 (4,831) (84,639) (361,511) (113,845) (33,406) 20,252 12,748 (19,875) (8,515) 17 (184,479) (33,547) 17 (58,641) 121,676 2,608,334 2,413,358 72,707 (18,061) (13,806) (150,294) (248,000) (227,733) (145,015) 2,284,953 2,006,537 32
(201,737) (350,884) 12,815 16,936 775,055 (188,922) 441,107 13,238,203 2,500,000 (12,079,490) (888,725) 879,440 (2,035,399) (1,995,000) 1,158,713 (1,539,684) 3,254,744 907,960 12,712,506 1,825,809 124,742 (118,386) 14 16,091,992 2,615,383 14 16,091,992 2,615,383 16,091,992 2,615,383 33
1. Maples Corporate Services Limited P.O Box 309, Ugland House, Grand Cayman KY1-1104, Cayman Islands Kouunn Holdings Limited 2.1 34 2.2 7 12 34
3. 5,680,039 5,706,910 1,314,180 1,128,455 1,967,028 1,968,746 599,611 209,460 169,064 255,234 791,884 936,907 10,521,806 10,205,712 1,099,567,000 930,087,000 35
4. 10,441,178 10,118,138 80,628 87,574 10,521,806 10,205,712 104,373 1,080 1,902 186 5,792 34,715 35,185 140,354 42,879 5. 18,061 13,806 36
6. 4,314,551 4,334,697 25,859 27,082 10 149,076 163,756 36,642 24,274 193,148 293,217 (251) 630,195 652,404 52,085 51,832 1,892,365 2,043,921 104,738 116,993 17 45,995 89,032 256,906 315,963 94,467 131,811 19 45,506 166,203 (104,373) 91,074 87,790 (49,977) (1,080) (1,902) 28,861 7. 16.5% 37
30.86% 30.86% 300,000 300,000 12% 17% 20% 25% 34% 8.64% 20,342 118,994 235,067 11,212 547 137,100 105,000 (52,502) (25,232) 351,219 199,309 8. 38
1,111,393 308,516 609,050 475,059 9. 1,995,000 1,995,000,000 39
10. 105,828,000 279,997,000 149,076,000 163,756,000 11,735,000 15,034,000 1,080,000 1,902,000 11. 1,940,789,000 Honma Golf Co., Ltd. 12. 1,779,470 962,601 782,347 1,173,860 3,792,558 4,508,865 6,354,375 6,645,326 (440,218) (352,428) 5,914,157 6,292,898 13. 3,630,612 4,943,330 335,007 154,937 3,965,619 5,098,267 (369) (620) 3,965,250 5,097,647 40
30 140 1 2,505,406 3,711,842 1 3 501,221 662,132 3 12 623,152 563,115 1 464 5,621 3,630,243 4,942,710 14. 15,491,528 12,712,506 600,464 16,091,992 12,712,506 15. 614,962 699,601 41
16. (%) (%) 0.33%-0.78% 1,450,000 0.33%-0.83% 291,287 1,450,000 291,287 17. 1,389,383 1,656,540 60 42
Mizuho Trust & Banking Co., Ltd. 42,915 85,293 3,080 3,739 45,995 89,032 21,743 24,255 12,006 39,540 12,246 25,237 45,995 89,032 43
6 4,007,717 44,025 7,501 51,526 (367,459) 10,370 10,370 3,702,154 (2,351,177) (1,110) (4,421) (5,531) 182,980 (139,043) (139,043) (2,312,771) 1,656,540 42,915 3,080 45,995 (184,479) (139,043) 10,370 (128,673) 1,389,383 44
6 4,249,284 85,293 7,610 92,903 (66,720) (71,498) (71,498) 4,203,969 (2,150,405) (3,871) (3,871) 33,173 45,884 45,884 (58,641) (2,133,860) 2,098,879 85,293 3,739 89,032 (33,547) 45,884 (71,498) (25,614) (58,641) 2,070,109 45
1,207,913 1,200,304 919,385 948,646 138,691 137,756 46,782 64,471 2,312,771 2,351,177 0.38% 0.38% 1.80% 1.80% 2.20% 2.20% 0.5% (147,684) (180,651) 0.5% 200,757 181,303 46
12 115,808 9.6 9.6 2,312,771,000 2,351,177,000 63% 59% 1,389,383,000 1,656,540,000 18. 20,000,000,000 0.0000025 609,050,000 1,523 1,523 154,000 154,000 50,000 50,000 1.00 1,000 1.00 400,000 0.0000025 1,000 400,000,000 0.0000025 50,000 20,000,000,000 0.0000025 187.6 20,000 75,059,000 0.0000025 1,187.6 475,059,000 0.0000025 10.00 133,991,000 0.0000025 1,339,910,000 17,476,557,000 678,234,439 47
19. 27,007 1,465 40% 30% 12 30% 24 15,851 25,542 1,465 (782) (373) (10,783) 15,069 15,851 36,584,000 25,000 45,506,000 166,203,000 11.50% 2% 10% 48
A.2.1 A.2.1 49
(www.hkexnews.hk) (www.honma. hk) Honma Golf Limited 50