Maruman & Co., Ltd operates in the Sporting and athletic goods sector. Maruman & Co., Ltd. is a Japan-based company mainly providing golf products. The Company operates in four business segments. The Domestic Golf segment is involved in the development, manufacture and sale of golf-related products for golf clubs, The Health Food-related segment is engaged in the development, manufacture and sale of smoking cessation-related products, as well as health food supplements. The Export-related segment mainly develops and manufactures golf clubs. The Golf Course Operation segment owns and operates golf courses and a membership club. As of September 30, 2011, the Company had one consolidated subsidiary and two associated companies. On January 28, 2011, the Company established a Hong Kong-based subsidiary. In
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