Miura Golf has a new owner who will make a “significant investment” in the Japanese golf equipment brand, sources close to the matter have told GolfWRX. We have also learned that True Spec Golf will manage worldwide sales and distribution of Miura products.

Miura currently sells a full line of ultra-premium golf equipment that is designed and manufactured by Miura Founder Katsuhiro Miura and his sons (Yoshitaka and Shinei) at the company’s manufacturing facility in Himeji, Japan. The family’s hands-on approach to its business has been an important part of its success. According to GolfWRX sources, the Miuras’ involvement in the design and manufacturing of its products “will remain the same.”

Miura Founder Katsuhiro Miura has been making handcrafted forged golf clubs since 1957. According to Miura, professional golfers have won several major championships using its clubs, specifically its forged players irons, without endorsement contracts. The company has also produced forged irons for Nike and TaylorMade, and K.J. Choi used a set of Miura CB-501 irons to win The Players Championship in 2011.

Miura was once an undisputed leader in the ultra-premium golf equipment category, but the company’s presence at retailers has declined in recent years due increased competition, specifically from upstart equipment manufacturer PXG. PXG was founded by billionaire Bob Parsons in 2014 and sells its irons at the starting price of $350 per head.

Miura's new Genesis irons are designed to be "easier to hit" and sell for $350 per head.
Miura’s new Genesis irons.

A Miura brand re-launch will focus on “exposing Miura clubs to consumers worldwide” and “simplifying” the company’s product line, GolfWRX sources said. The company currently offers more than a dozen different iron models. Just as important will also be an increased emphasis on creating highly engineered irons that are “easier for more golfers to hit,” such the company’s new Genesis irons (pictured), which were recently launched and sell for $350 per head.

GolfWRX will continue to follow this story as it unfolds. An official announcement from Miura is expected this week.

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  1. With “significant investment” comes significant expectation. Profit that is. With high profit expectation comes compromise. If you want a set of real Miura irons, buy them now before the investor/shareholder profit expectation f@&ks them up.

  2. I was a Miura dealer for several years (as a custom clubfitter/clubmaker). I would purchase heads only and do the custom assembly as per customer’s specs that were determined through the fitting process (about 4 hours). I even had a personal set for a while. No doubt about it, they are beautiful clubs. Now when it comes to performance – did they out-perform the other brands? The answer is no. Once we determined the ideal shaft length/weight/flex for a golfer, the next step in the process is to determine the correct and best performing head for the golfer. More often than not, I could get a golfer hitting other brands (such as Wishon, Alpha, Swing Science) heads better and more consistent than the Miura designs. You can’t script this stuff, performance trumps all. The golfer could see, touch, and feel it right then and there during the fitting – FlightScope, impact labels, and golfer feedback on FEEL would concur. Many times people would come to me with the intention of buying Miura clubs from me (usually doctors, lawyers, the more “professional” type folks), [and my custom build Miuras were NOT cheap by any means], but in a very high percentage I would have them hitting another brand better (when comparing equal loft to equal loft). My personal set was very nice (and expensive too), but I did not play any better with my Miura set than I did with any of my other personal sets (three sets of Wishon irons, one set of Alpha irons, and one set of Swing Science irons). Not bashing the Miura product, as previously mentioned it is absolutely gorgeous stuff – just that the wicked high price a golfer will pay for them will not buy them a better game. The absolute most important factor with golf clubs is to have them PROPERLY fit by a certified & qualified clubfitter, and then made to YOUR specifications – that will make a difference in your game. It will be interesting to see what the new owners come up with in the future.

  3. So has True Spec Golf bought the american part of Miura Golf, the article states Miura Golf and Miura Golf Inc is an american incorporated company from my understanding. Or has True Spec Golf bought also the Japanese based company as well, which is know as Miura Giken a.k.a Miura Giken Co. Ltd, which predominantly serves the Japanese market for products. Outside of Japan Miura golf irons and known as branded as Miura but within Japan products are branded as MiuraGiken!

  4. Never has so small a company had so many comments. I see Miura as something like Patek in watches. Beautifully made, limited production runs and only sold through a select group of retailers to guarantee exclusivity. Problem is they tell the same time as a Rolex or Omega at a fraction of the cost. And in Golf terms won’t do anything a Mizuno or Srixon blade will do.

    • Actually, standard spec (closer to 80’s traditional blade lofts) Miura have been beating all comers on Trackman in our indoor/outdoor fittings.
      NO major OEM focus’ on the hosel, which has been Miura’s “secret” of success. Titleist, TM, Mizuno or Nike (we’ve reshafted or pured hundreds of sets) have loose ill fitting hosels, the heads are generally poorly weight stepped, the insert depths are inconsistent & the bore often off center.
      Miura says the hosel is the most important part of the head, and he sure seams to be right.

      Our Miura heads come with a pilot hole so we bore them for either taper or parralel tips, and have to pound the heads down to seat them fully. Mizuno dimples their shafts because there’s so much play. Vastly tighter head to shaft fit transmits more energy and the buttery soft but rock solid feel.
      I’ve witnessed DOZENS of ‘standard issue’ mid-low hcp players <90mph hit Miura 6 irons 7-14 yrds longer than ANY major OEM product (not always the same shaft – but always close weight/flex wise during fittings). Stronger players were averaging 15 yrds longer AND 30% LESS dispersion.
      We're on all Top 25, Top 50 & Top 100 fitting/custom&pro shop listsn and from 2007-2013 these numbers were consistent.
      Best Ever.

      Newer forgings and hot lofted models from EPON and occasionally PXG have edged them on length, but NEVER on feel. PXG's need spacers for TT shafts….wtf's up w/that Mr. P?

  5. It could be True Spec as their owner has tons of money and tons of wealthy investors. They bought Club Conex last year and paid much more than the original owner was asking for. Granted Club Conex is nowhere near what he would have to pay for Miura. I would put my money on it being Parsons though. Before he started PXG, he had a massive love affair with Miura. He had 10 or so sets of the 1957 baby’s done in the black boron. That was just the start of it too. I bet he spent over $100 g’s on Miura product alone in less than 18 months. I could see him using their expertise to grow PXG even faster in the Asian markets.

    • What have they bought Miura Golf (i think an american incorporated company) or Miura Giken (Japanese incorporated company) or both companies. Miura Golf is the company for international sales, whilst MiuraGiken is for the Japanese market

      • i think they have bought Miura manufacturing,and appointed True spec as the distributer.
        will include all Miura heads,look for a coming together and simplification of the product line

  6. The reason I’ve had three sets of Miura blades including two sets of the 1957 Limited addition baby blade is because they were forged and ground by the man himself “the hands of God” .. ..now they are going to be forged and ground by “the hands of some guy who used to work for another company and now is going to get a paycheck to drive over to the shop to work here..”. .. umm ..I was somewhat on the fence with getting another set of baby blades ..I think I’ll go look at those 0311T’s

    • not to burst your bubble, but those heads aren’t “hand forged” like some magical sword in Game of Thrones. Hand ground yes, hand forged no.

      • Skip yea I know these heads had the bejesus pounded out of them with tons of pressure with a machine I’m just saying ..ok we’re kinda getting from the story here ..although the Game of Thrones magical sword reference was a good one lol

  7. I have spent time in the True Spec facility at Turnberry and it is certainly high end (PXG is currently one of the brands for which they fit). So if this is going to be the access point for Miura, it is not obvious to me why this would make Miura, in a negative way, become a mainstream brand. I am also wondering if any of the True Spec investors are involved with the Miura purchase.

  8. I hope they’ll still let Mr. Miura or at least his sons overlook the forging and grinding of the clubheads in Japan instead of contracting it out to other Japanese or worse, Chinese foundries. If that is the case say goodbye to its mystique that what made them so successful in the first place.

      • Yeah…I didn’t read the article property…from what it says, despite the new ownership, the Miura family will keep doing what they’re doing..

  9. It’s the specialst, high-end, personal touch of Miura is what made it what it is. Now that it will become a global slave, it’ll just suffer like the rest of them.

  10. “The family’s hands-on approach to its business has been an important part of its success.” That is why they were so successful – it’ll be all downhill from here. And just yesterday I was thinking of finding a set of Baby Blades.

    • I would have that fear also, I am hoping that the “investment” is mainly in marketing and sales channel development but they will keep the product line simple – could be broader investment into wider line of product (drivers etc) but yeah, this now puts me on the path to get my next irons sooner rather than later.

  11. Looks like my Baby Blades are going up in value. I’ve seen this movie a thousand times…new buyer capitalizes on a mostly untapped global market with a great family name by mass producing lesser quality products at the same or higher prices. I sure hope I’m wrong…

    • “…new buyer capitalizes on a mostly untapped global market with a great family name by mass producing lesser quality products at the same or higher prices.” you nailed it. The seller gets a 3 year contract to stay away (er, consult), the new buyer puts its own people running the business and decides to “leverage” the brand by putting it on a lot more “stuff” to increase their revenue and at some point, flip it public and make a bundle.
      Anyone here old enough to remember when Wilson WAS a really good brand of sporting goods, including golf clubs? The owners sold out to Pepsi Cola (seriously) and Pepsi did all of the above, the quality became garbage and Wilson has been sold and re-sold more than a dozen times.

  12. I can’t assume they would’ve made a move if they weren’t starting to go into red figures, but I can’t see things remaining the same. They aren’t main stream irons, and shouldn’t be main stream irons. Not only do you have to have the money to buy them ( I had to wait a long time and sell a lot of clubs to get a set of these), but you have to have the game to appreciate them.

    If they become more mass-produced, I can’t see how you’ll still find the Hands of God himself at the end of the line, hand grinding every set. I know he made my sets, and I will hold onto them. This is a sad day. I guess one set will stay in the bag, and the other will go up on the wall.

    Long live the hands of god, I wish the company the best, but unfortunately I feel it’s a waste of breath to say “don’t go changin.” At best, I could see him continuing to have the same role in making the players clubs.

    Couldn’t super rich guy just have bought them to keep them the same? Between Tiger and Rory, they both owe some gratitude to this guy, maybe they could make a donation? HA.

  13. I’ve been a lawyer for 40 years. I’ve worked on more “deals” than I can count. 99 and 44/100% of the time, the acquiring company is larger than the seller. And the acquiring company has a lot more overhead to put on top of the company they acquired. And to pay for the acquisition costs (often with borrowed funds) and to increase their profits, very often the acquiring company cuts costs. Marketing, R&D, Product Development, etc. It usually takes 2-3 years before this becomes apparent, but watch out Titleist. As for Miura, since this doesn’t say who acquired it, I would like to hope that the new owner will not cut corners to pay down the debt of the money they borrowed for the acquisition. But, my experience says I wouldn’t bet more than a Coke or a beer on that.

    • Just ask yourselves what would be the likely result if Taylormade bought PXG. Within three to five years, PXG as we know it today, would simply be a memory and mass production of gimmicky twists on the former PXG design fundamentals would be the mainstay of the TM PXG line.

      But, Miura is a completely different animal than PXG in so many ways. As said above, the new owners will have an agenda to significantly increase both revenue and profits. No matter what they say, they will have no sincere or meaningful agenda to maintain the unique Miura heritage of craftsmanship.

      I hope that my pessimism based on past business experience is unfounded. I hope that the formal announcement will completely dispel such concerns in no uncertain terms.

      Sadly, the gentleman below perhaps said it best, “Cue Jim Morrison … ‘This is the end.”

      I feel very fortunate to have complete sets of CB 57’s and K Grinds.

      • Well yeah, Miura has been around for a while now, and their expertise is second to none, with beautifully forged clubs with individual care, rather than the clunky machine-factory pumped PXG junk with rivets from WW2.

  14. Don’t tamper with greatness. Long live the Miura treasures like the MB and Tournament Blades, CB57 Irons, and Y and K Grind Wedges

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