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Consumer Non-Durables


Business Summary

Asics Corp. engages in the manufacture and sale of sporting goods. It offers sportswear, sports shoes, and sports equipment. It operates through the following geographical segments: Japan, North America, Europe, Greater China, Oceania, Southeast and South Asia, and Other Regions. The company was founded by Kihachiro Onitsuka on September 1, 1949 and is headquartered in Kobe, Japan.

Financial Highlights

Dec 2022 JPYUSD
Gross Profit225,208M1,712.24M
Operating income33,878M257.57M
Income before tax28,703M218.22M
Net income19,887M151.20M
Diluted EPS108.500.82
Dividends Per Share400.30
Total Assets425,067M3,221.54M
Total liabilities252,334M1,912.41M
Total equity170,910M1,295.31M
Operating cash flow-21,427M-162.90M
Currency in JPYCurrency in USD

Historical Data

 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 386,714M 378,018M 328,896M 404,128M 484,601M
Gross Profit 171,077M 167,099M 140,291M 186,677M 225,208M
Operating income 10,516M 10,634M -5,248M 21,118M 33,878M
Income before tax -14,270M 10,207M -16,060M 14,120M 28,703M
Net income -20,326M 7,098M -16,125M 9,402M 19,887M
EBITDA 21,745M 23,556M 8,734M 35,465M 50,295M
Diluted EPS -107.58 37.47 -88.17 51.32 108.50
Dividends Per Share 24 30 24 24 40
Total Assets 304,460M 316,115M 333,180M 345,773M 425,067M
Total liabilities 137,628M 163,790M 206,415M 199,233M 252,334M
Total equity 165,253M 152,182M 126,620M 146,394M 170,910M
Operating cash flow 11,049M 14,792M 19,330M 49,146M -21,427M
 Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022
Revenue 3,501.48M 3,467.71M 3,080.45M 3,678.12M 3,684.40M
Gross Profit 1,549.00M 1,532.86M 1,313.97M 1,699.02M 1,712.24M
Operating income 95.21M 97.54M -49.15M 192.20M 257.57M
Income before tax -129.20M 93.63M -150.41M 128.51M 218.22M
Net income -184.04M 65.11M -151.02M 85.57M 151.20M
EBITDA 196.88M 216.08M 81.80M 322.78M 382.39M
Diluted EPS -0.97 0.34 -0.82 0.46 0.82
Dividends Per Share 0.21 0.27 0.22 0.21 0.30
Total Assets 2,775.00M 2,908.81M 3,227.08M 3,002.67M 3,221.54M
Total liabilities 1,254.41M 1,507.15M 1,999.27M 1,730.12M 1,912.41M
Total equity 1,506.20M 1,400.34M 1,226.40M 1,271.27M 1,295.31M
Operating cash flow 100.04M 135.69M 181.04M 447.29M -162.90M

Valuation Measures

Dec 2022
Operating margin6.99%
Profit margin4.10%


  • President, CEO, COO & Representative Director: Yasuhito Hirota
  • Senior Manager-Finance & Accounting: Koji Hayashi
  • Chief Information Officer & Chief Digital Officer: Mitsuyuki Tominaga
  • Executive Officer & Senior Manager-Legal Affairs: Takeshi Horikomi
  • Executive Officer & Senior Manager-Marketing: Takaaki Kondo


  • Nomura Asset Management Co., Ltd. (4.8%)
  • Mitsubishi UFJ Financial Group, Inc. (4.1%)
  • Nikko Asset Management Co., Ltd. (3.7%)
  • ASICS Corp. (3.4%)
  • Sumitomo Mitsui Financial Group, Inc. (3.4%)
  • JPMorgan Asset Management (Japan) Ltd. (3.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
  • Nippon Life Insurance Co. (2.9%)
  • The Vanguard Group, Inc. (2.9%)
  • Goldman Sachs Asset Management International (1.8%)

Contact Details

  • Website:
  • Address: 7-1-1 Minatojima Naka-machi, Chuo-Ku, Kobe, 650-8555, Japan
  • Phone: +81.50.1745.2248

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Last Updated on 25 Sep, 2023

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