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asics corp (7936) Details

ASICS Corporation manufactures and sells sports goods in Japan, the Americas, Europe, the Oceania, Asia, and internationally. The company offers sports shoes, sportswear, and sports equipment. It also manufactures and sells outdoor products. The company offers its products under the ASICS, Onitsuka Tiger, ASICS Tiger, and HAGLÖFS brands. It operates approximately 1,900 stores worldwide, including 444 own retail stores and other partner stores, as well as operates its own e-commerce Websites. ASICS Corporation was founded in 1949 and is headquartered in Kobe, Japan.

7,263 Employees
Last Reported Date: 03/28/16
Founded in 1949

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asics corp (7936) Key Developments

ASICS Corporation Establishes New Local Affiliate, Asics Thailand Company Limited, in Bangkok, Thailand

ASICS Corporation announced that has established new local affiliate, Asics Thailand Company Limited, in Bangkok, Thailand. The new company was created to strengthen sales of ASICS products and will begin operations from October 1, 2016. ASICS merchandise has until now been sold through its integrated company for the Southeast Asia and South Asia regions, ASICS Asia PTE LTD. The new local affiliate in Bangkok was established to broaden relations with local retail agents. Establishing a new local affiliate will allow ASICS to bolster sales activities and expand local relations in order to further increase sales of ASICS products in the region. The local affiliate will also be able to more closely manage marketing activities in Thailand in order to build an even stronger brand.

ASICS Corp. Reports Consolidated Earnings Results for the Second Quarter Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending December 31, 2016

ASICS Corp. reported consolidated earnings results for the second quarter ended June 30, 2016. For the quarter, the company reported net sales of JPY 210,681 million compared to JPY 221,658 million a year ago. Operating income was JPY 19,392 million compared to JPY 21,269 million a year ago. Ordinary income was JPY 17,201 million compared to JPY 19,899 million a year ago. Profit attributable to owners of parent was JPY 11,849 million or JPY 58.96 diluted per share compared to JPY 14,527 million or JPY 72.30 per diluted share a year ago. Net cash provided by operating activities was JPY 14,244 million, an increase of JPY 8,793 million compared with the same period of the previous year. For the full year ending December 31, 2016, the company expects consolidated net sales of JPY 403,000 million, operating income of JPY 23,000 million, ordinary income of JPY 20,000 million, Profit attributable to owners of parent of JPY 13,500 million or JPY 71.12 per share.

ASICS Corporation Provides Dividend Guidance Full Year Ending December 31, 2016

ASICS Corporation provided dividend guidance full year ending December 31, 2016. The company expects year-end dividend of JPY 23.50 per share compared to JPY 23.50 per share a year ago.

 

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7936

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Valuation 7936 Industry Range
Price/Earnings 55.9x
Price/Sales 1.0x
Price/Book 2.3x
Price/Cash Flow 55.6x
TEV/Sales 0.8x
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