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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New Balance Japan Inc. has opened New Balance Ginza, a running and lifestyle store located in the famed district of Tokyo and covering an area of roughly 356 square meters over two floors. This is New Balance Japan’s fifth standalone store in Tokyo, following Aoyama, Harajuku, Roppongi and Odaiba. Including Sapporo, Osaka and Grand Front Osaka, this makes for a...
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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 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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The size of the retail shoe market in Japan (excluding slippers and sandals) is expected to reach 420 million pairs, 1.9 trillion yen ($17.12 billion) in 2016, as overall selling prices of both imported shoes and shoes manufactured in Japan have increased due to rising manufacturing costs overseas and a weak yen having become the norm. Until now, the size...
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The Japan Rubber Manufacturers Association (JRMA) approached 107 member companies as part of an index survey that ran until this past June this year. Looking at the corporate management of these affiliated corporations, JRMA has tallied up the answers of 79 respondent companies. While there had been a run of five years with growth in revenue and profit, results from...
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