asics

Asics First-Half Results: Oceania, Asia the Top Performers

Asics Corp. (TYO:7936) saw net sales fall 3.3 percent year-on-year to 203.74 billion yen ($1.87 billion) in its first-half results, running from January 1 to June 30, 2017. Despite a strong showing in the running shoes segment, net sales within Japan decreased 3.4 percent year-on-year to 54.26 billion yen, owing to sluggish performance by sportswear. Sales of running shoes and...

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Asics Revamps Japanese Production Base

Sanin Asics Industry Corp., a wholly owned subsidiary of Asics Corp. (TYO:7936), has completed its construction of a new factory building as well as its renovation of existing buildings. Located on 17,312 square meters of land, the plant has a total floor area of 10,095 square meters. Sanin Asics mainly manufactures sports shoes, fashion sneakers, walking shoes and work shoes...

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Asics CEO Discusses Global Performance, Changes in Response to Changing Markets

Asics Corp. (TYO:7936) posted a 29.3 billion yen ($261 million) year-on-year decline of sales in 2016, down at 391.1 billion yen. However, when putting aside exchange rate effects to the tune of 32.6 billion yen, the company enjoyed an increase of 0.8 percent. While sales were healthy in Asia and the Oceania region, and robust in Europe, weak sales in...

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New Asics Subsidiary in Thailand to Start Operations in October

Asics (Thailand) Co. Ltd., Asics Corp.’s (TYO:7936) new subsidiary in Bangkok, Thailand, is set to commence operations on Oct. 1. 2016. Established on April 4 with paid-in capital of 100 million Thai baht ($2.87 million), the company will handle sales of Asics running, training, badminton and volleyball shoes, apparel, and accessories, as well as Onitsuka Tiger and Asics Tiger shoes,...

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Asics Opens Flagship Store in Shanghai

Asics Corp. (TYO:7936) has opened Asics Store Shanghai Huai Hai Road, a new directly managed retail outlet in the city center of Shanghai, China. Positioned as a flagship store in the Chinese domestic market, the retail outlet is located on the same Huai Hai Road that, as a prime commercial area in Shanghai, is already home to the flagship stores...

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Asics Launches Running Shoes With Unprecedentedly Lightweight Midsole

On July 1, Asics Japan Corp. launched the DynaFlyte, a new running shoe targeted at ordinary runners. The shoe uses a midsole material that is the most lightweight to date from Asics Corp. (TYO:7936), allowing runners to comfortably up their speed. The sponge material that gives the DynaFlyte its high performance, FlyteFoam, was first used in a midsole in the...

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