Motoi Oyama

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 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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