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Saturday
Nov182017

NPR On Dip In Japan's Number Of Golfers, Cultural Changes

NPR's Elise Hu looks at golf in Japan following the recent high profile round between Donald Trump and Shinzo Abe. Even with the Olympics coming in 2020, Hu explains how private clubs are dying, a few courses have even abandoned, the business culture is changing and young people see golf as "your dad's" sport.

The full report is embedded below, but the key lines...

Back in the 1980s, when golf was booming, Japanese clubs regularly required a deposit of $400,000 or more for a membership, according to industry analysts at Rakuten, the Japanese Internet giant.

The deposit was supposed to be returned after a decade. But when the Japanese economy went bust after 1989, many private golf courses were unable to honor their commitment. Since then, dozens of courses have been bought out; others have been redeveloped, and some have closed down entirely.

"They're just abandoned," says Tomita Shoko, who covers the golf industry for the Tokyo Kezai, Japan's oldest business magazine.

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Reader Comments (6)

Golf in Japan is extremely elitist to begin with. Even more so than in the US. So it's no surprise in that case to not see it grow.

Their maintenance practices alone are non-sustainable by most places. Every single blade of grass and tree limb has to be perfectly controlled and manicured.

The new generation indeed has next to zero interest in such stuffiness as they don't feel they belong.

Sound familiar?
11.19.2017 | Unregistered CommenterJDM
This is just the beginning , you have been informed.
Just like to want to get out when a stock is high.
Members here in the U.S. get out now of your private country club.
11.19.2017 | Unregistered CommenterSidvicius
Sid,

Very compelling argument.
11.19.2017 | Unregistered CommenterTremendous Slouch
Basically and as always, look at the balance sheet before doing any joining. Avoid clubs with debt like the plague.
11.20.2017 | Unregistered CommenterJDM
No argument needed
11.20.2017 | Unregistered CommenterSidvicius
You are wrong.
11.21.2017 | Unregistered CommenterTremendous Slouch

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