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Consumer Non-Durables


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 2021 JPYUSD
Gross Profit186,677M1,699.02M
Operating income21,118M192.20M
Income before tax14,120M128.51M
Net income9,402M85.57M
Diluted EPS51.320.46
Dividends Per Share240.21
Total Assets345,773M3,002.67M
Total liabilities199,233M1,730.12M
Total equity146,394M1,271.27M
Operating cash flow49,146M447.29M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 400,050M 386,714M 378,018M 328,896M 404,128M
Gross Profit 183,260M 171,077M 167,099M 140,291M 186,677M
Operating income 19,572M 10,516M 10,634M -5,248M 21,118M
Income before tax 21,834M -14,270M 10,207M -16,060M 14,120M
Net income 12,970M -20,326M 7,098M -16,125M 9,402M
EBITDA 30,293M 21,745M 23,556M 8,734M 35,465M
Diluted EPS 64.42 -107.58 37.47 -88.17 51.32
Dividends Per Share 23.50 24 30 24 24
Total Assets 348,232M 304,460M 316,115M 333,180M 345,773M
Total liabilities 146,927M 137,628M 163,790M 206,415M 199,233M
Total equity 199,889M 165,253M 152,182M 126,620M 146,394M
Operating cash flow 37,136M 11,049M 14,792M 19,330M 49,146M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 3,567.61M 3,501.48M 3,467.71M 3,080.45M 3,678.12M
Gross Profit 1,634.29M 1,549.00M 1,532.86M 1,313.97M 1,699.02M
Operating income 174.54M 95.21M 97.54M -49.15M 192.20M
Income before tax 194.71M -129.20M 93.63M -150.41M 128.51M
Net income 115.66M -184.04M 65.11M -151.02M 85.57M
EBITDA 270.15M 196.88M 216.08M 81.80M 322.78M
Diluted EPS 0.57 -0.97 0.34 -0.82 0.46
Dividends Per Share 0.20 0.21 0.27 0.22 0.21
Total Assets 3,091.27M 2,775.00M 2,908.81M 3,227.08M 3,002.67M
Total liabilities 1,304.27M 1,254.41M 1,507.15M 1,999.27M 1,730.12M
Total equity 1,774.42M 1,506.20M 1,400.34M 1,226.40M 1,271.27M
Operating cash flow 331.17M 100.04M 135.69M 181.04M 447.29M

Valuation Measures

Dec 2021
Operating margin5.22%
Profit margin2.32%

Key executives

  • President, CEO, COO & Representative Director: Yasuhito Hirota
  • Senior Manager-Finance & Accounting: Koji Hayashi
  • Managing Executive Officer: Shinji Senda
  • Managing Executive Officer: Naoki Matsushita
  • Managing Executive Officer: Tsuyoshi Nishiwaki


  • JPMorgan Asset Management (Japan) Ltd. (4.8%)
  • Mitsubishi UFJ Financial Group, Inc. (4.1%)
  • ASICS Corp. (3.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • Sumitomo Mitsui Financial Group, Inc. (3.4%)
  • Nikko Asset Management Co., Ltd. (3.2%)
  • Nippon Life Insurance Co. (2.9%)
  • Nomura Asset Management Co., Ltd. (2.8%)
  • Asset Management One Co., Ltd. (2.8%)
  • The Vanguard Group, Inc. (2.1%)

Contact Details

  • Website:
  • 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.


  • NIKE, Inc. Class B
  • 361 Degrees International Ltd.
  • On Holding AG Class A
  • Fox-Wizel Ltd.
Last Updated on 20 May, 2022

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