Consumer Non-Durables
ASICS Corp.
In the news
- Olympic delay trips up Asics' race against Nike Apr 24, 2020
- Multinationals reroute supply chains from China -- for good? Feb 15, 2020
- Mizuno weighs early shoe launch as ultra-thick soles escape ban Feb 6, 2020
- Asics shares jump as Nike braces for ban on superfast shoes Jan 16, 2020
- 5G hype and China absence set tone for first tech event of new decade Jan 4, 2020 See more articles on ASICS Corp.
Business Summary
Asics Corp. engages in the manufacture and sale of sports goods. It offers sports wear, sports shoes, and sports equipment. It operates through the following segments: Japan, America Area, Europe Area, Oceania Area, South East Area & South Asia Area, East Asia Area, and Others. The area segments are involved in the manufacture and sale of sporting goods. The Other segment provides outdoor products under the brand name HAGLOFS. The company was founded by Kihachiro Onitsuka on September 1, 1949 and is headquartered in Kobe, Japan.
Financial Highlights
| Dec 2019 | JPY | USD |
| Revenue | 378,018M | 3,467.71M |
| Gross Profit | 167,099M | 1,532.86M |
| Operating income | 10,634M | 97.54M |
| Income before tax | 10,207M | 93.63M |
| Net income | 7,098M | 65.11M |
| EBITDA | 23,556M | 216.08M |
| Diluted EPS | 37.47 | 0.34 |
| Dividends Per Share | 30 | 0.27 |
| Total Assets | 316,115M | 2,908.81M |
| Total liabilities | 163,790M | 1,507.15M |
| Total equity | 152,182M | 1,400.34M |
| Operating cash flow | 14,792M | 135.69M |
| Currency in JPY | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 428,525M | 399,141M | 400,050M | 386,714M | 378,018M |
| Gross Profit | 182,155M | 176,543M | 183,260M | 171,077M | 167,099M |
| Operating income | 27,448M | 25,473M | 19,572M | 10,516M | 10,634M |
| Income before tax | 17,268M | 22,133M | 21,834M | -14,270M | 10,207M |
| Net income | 10,237M | 15,567M | 12,970M | -20,326M | 7,098M |
| EBITDA | 35,918M | 34,979M | 30,293M | 21,745M | 23,556M |
| Diluted EPS | 50.88 | 77.40 | 64.42 | -107.58 | 37.47 |
| Dividends Per Share | 23.50 | 23.50 | 23.50 | 24 | 30 |
| Total Assets | 343,467M | 342,812M | 348,232M | 304,460M | 316,115M |
| Total liabilities | 143,584M | 141,602M | 146,927M | 137,628M | 163,790M |
| Total equity | 198,459M | 200,118M | 199,889M | 165,253M | 152,182M |
| Operating cash flow | 18,301M | 37,971M | 37,136M | 11,049M | 14,792M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 3,539.63M | 3,673.33M | 3,567.61M | 3,501.48M | 3,467.71M |
| Gross Profit | 1,504.60M | 1,624.74M | 1,634.29M | 1,549.00M | 1,532.86M |
| Operating income | 226.72M | 234.43M | 174.54M | 95.21M | 97.54M |
| Income before tax | 142.63M | 203.69M | 194.71M | -129.20M | 93.63M |
| Net income | 84.55M | 143.26M | 115.66M | -184.04M | 65.11M |
| EBITDA | 296.68M | 321.91M | 270.15M | 196.88M | 216.08M |
| Diluted EPS | 0.42 | 0.71 | 0.57 | -0.97 | 0.34 |
| Dividends Per Share | 0.19 | 0.21 | 0.20 | 0.21 | 0.27 |
| Total Assets | 2,855.20M | 2,939.18M | 3,091.27M | 2,775.00M | 2,908.81M |
| Total liabilities | 1,193.59M | 1,214.06M | 1,304.27M | 1,254.41M | 1,507.15M |
| Total equity | 1,649.76M | 1,715.76M | 1,774.42M | 1,506.20M | 1,400.34M |
| Operating cash flow | 151.16M | 349.45M | 331.17M | 100.04M | 135.69M |
Valuation Measures
| Dec 2019 | |
| PER | 47.90 |
| ROA | 2.28% |
| ROE | 4.47% |
| Operating margin | 2.81% |
| Profit margin | 1.87% |
Key executives
- Chairman & Chief Executive Officer: Motoi Oyama
- President, COO & Representative Director: Yasuhito Hirota
- Executive Officer & Senior Manager-Finance: Koji Hayashi
- Executive Officer: Ronald Johannes Pietersen
- Head-Audit Department: Mitsuhiko Inaba
Shareholders
- Marathon Asset Management LLP (5.0%)
- Nomura Asset Management Co., Ltd. (4.4%)
- Mitsubishi UFJ Financial Group, Inc. (4.1%)
- ASICS Corp. (3.5%)
- Asset Management One Co., Ltd. (3.5%)
- Sumitomo Mitsui Financial Group, Inc. (3.4%)
- T. Rowe Price International Ltd. (3.0%)
- Nippon Life Insurance Co. (2.9%)
- SPARX Asset Management Co., Ltd. (2.9%)
- Nikko Asset Management Co., Ltd. (2.8%)
Contact Details
- Website:http://www.asics.co.jp
- Address: 7-1-1 Minatojima Nakamachi, Chuo-Ku, Kobe, 650-8555, Japan
- Phone: +81.78.303.2231
Related Companies
- Race Roster North America Corp.
- Asics Restricted Stock Compensation Plan
- Haglofs AB
- Asics Ventures KK
- ASICS Korea Corp.
- Asics France SAS
- ASICS China Trading Co., Ltd.
- ASICS Polska Sp zoo
- ASICS Austria GmbH
- Jiang Su Asics Co. Ltd.
- ASICS Guangzhou Footwear Technical Co. Ltd.
- ASICS Sports Mexico SA de CV
- ASICS Hong Kong Ltd.
- ASICS Russia
- ASICS India Pvt Ltd.
- ASICS Sourcing (Vietnam) Co. Ltd.
- ASICS Hong Kong Apparel Ltd.
- ASICS Denmark A/S
- ASICS Canada Corp.
- ASICS Asia Pte Ltd.
- ASICS Brasil Ltda.
- After Sales in Automatisering (Asic) BV
- Asics Japan Corp.
- ASICS Taiwan Corp.
- ASICS Chubu Sales Corp.
- ASICS Pronet Corp.
- ASICS Partners Corp.
- ASICS Capital Corp.
- OT Planning Corp.
- ASICS Sports Being Corp.
Competitors
- NIKE, Inc. Class B
- Alpargatas SA Pfd
- 361 Degrees International Ltd.
- Skechers U.S.A., Inc. Class A
- Guirenniao Co. Ltd. Class A
- HWASEUNG ENTERPRISE Co., Ltd.
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Last Updated on 1 Jun, 2020