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Consumer Non-Durables

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 JPYUSD
Revenue378,018M3,467.71M
Gross Profit167,099M1,532.86M
Operating income10,634M97.54M
Income before tax10,207M93.63M
Net income7,098M65.11M
EBITDA23,556M216.08M
Diluted EPS37.470.34
Dividends Per Share300.27
Total Assets316,115M2,908.81M
Total liabilities163,790M1,507.15M
Total equity152,182M1,400.34M
Operating cash flow14,792M135.69M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 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 2015Dec 2016Dec 2017Dec 2018Dec 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
PER47.90
ROA2.28%
ROE4.47%
Operating margin2.81%
Profit margin1.87%

Key executives

  • Chairman & Chief Executive Officer: Motoi Oyama
  • President, COO & Representative Director: Yasuhito Hirota
  • Senior Manager-Finance & Accounting: Koji Hayashi
  • Managing Executive Officer: Shinji Senda
  • Managing Executive Officer: Naoki Matsushita

Shareholders

  • Marathon Asset Management LLP (5.0%)
  • Nomura Asset Management Co., Ltd. (4.4%)
  • Mitsubishi UFJ Financial Group, Inc. (4.1%)
  • ASICS Corp. (3.6%)
  • Sumitomo Mitsui Financial Group, Inc. (3.4%)
  • Nikko Asset Management Co., Ltd. (3.0%)
  • Nippon Life Insurance Co. (2.9%)
  • Black Creek Investment Management, Inc. (2.5%)
  • The Vanguard Group, Inc. (2.4%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.3%)

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.
Last Updated on 4 Dec, 2020

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