Hi John
The handle looks good to me. The hoop looks hand formed rather than machined. Boxwood is a desirable and expensive option. A hooped Japanese bench chisel handle will look odd to those who use it the first time. Also, they are designed to be used with a steel hammer (genno) and not pushed - indeed, they are uncomfortable in the hand. For pushing get a slick - long handles and wonderully balanced. Japanese chisels are all about the steel.
Regards from Perth (currently Sarasota)
Derek