Tokyowan Country Club

Tokyowan Country Club

Sodegaura-shi, Chiba

The table below sets out a summary of selected information on Tokyowan Country Club.

Region Greater Tokyo Region
Inaugural Year 1979
Acquisition by the Sponsor 2005
Number of holes 27 holes
Total area 856,861 m2
Attached facilities Practice area, 13 teeing grounds
Access 5 km from Tateyama Expressway Anesaki- sodegaura Exit
Appraised value
(JPY million)*1
3,870
No of Visitors FY15/16 92,252
Revenue FY15/16
(JPY million)*2
1,065
Utilisation Rates FY15/16(%)*3 84.0

*1 Based on real estate appraisals as at 31 December 2015 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.
*3 Utilisation rate = Total no. of visitors per 18 holes/(Total operating days x 200 persons).

Location

The Tokyowan Country Club is located in Sodegaura-shi, Chiba Prefecture. Located in the southwest of Greater Tokyo Region, one of the three major metropolitan areas in Japan, the Chiba Prefecture had 6.20 million residents as at 31 December 2012 and is adjacent to Tokyo, which has a population of 13.23 million as at 31 December 2012. The total number of visitors to golf courses in Chiba Prefecture was 7.43 million for the period from March 2012 to February 2013.

Sodegaura-shi is adjacent to Kisarazu-shi. As Kisarazu-shi is located at the Chiba-side end of the Tokyo Bay Aqua-Line, an expressway that connects Kanagawa and Chiba prefectures via a bridge and undersea tunnel, this golf course is about a 60-minute drive by car from central Tokyo area. It is approximately 7 kilometers from the Sodegaura Exit of the Tokyo Bay Aqua-Line and approximately five kilometers from the Anesaki-Sodegaura Exit of the Tateyama Expressway. Due to its convenient location, the course attracts visitors from many areas that include not only adjacent cities, such as Kisarazu-shi and Ichihara-shi, but also the western part of Tokyo and Kanagawa Prefecture.

Summary of the Tokyowan Country Club

The Tokyowan Country Club has 27 holes, consisting of the Nagaura Course (9 holes), the Kubota Course (9 holes) and the Kuranami Course (9 holes). Some holes have a beautiful landscape with the characteristics of Japanese gardens, and others contain hazards such as ponds and bunkers which have been skillfully laid out to form a challenging course. These holes are laid out in complete harmony to create a beautiful course surrounded by natural forests. Because of its accessibility by car and flat landscape, this golf course provides a safe and enjoyable playing opportunity for golfers, including female and elderly golfers.

Marketability as a Golf Course

This club attracts visitors mainly from Yokohama and Kawasaki in northwest Kanagawa Prefecture, Yokosuka-shi in southwest Kanagawa Prefecture, Central Tokyo, Ichikawa-shi and Funabashi-shi in Chiba Prefecture and their neighboring areas. The annual number of visitors in FY2013 was 92,000, which is equivalent to 61,000 visitors on an 18-hole basis. Visitors from Yokohama accounted for approximately 12.1% of all visitors, and visitors from Kawasaki and Chiba-shi accounted for approximately 4.0% each. The club had around 3,300 members as at the end of March 2013, and the ratio of member visitors to all visitors on holidays was approximately 50.1% in FY2013, indicating that members contribute to the stable operation of the club.

The number of visitors to the Tokyowan Country Club was 91,000 in FY2011, 89,000 in FY2012 and 91,000 in FY2013. By taking advantage of accessibility and the loyalty cards issued by the Sponsor, this club maintains a stable customer base and a stable stream of income.