ASICS Corporation Reports Strong Q1 2025 Earnings
ASICS Corporation (ASCCF) reported strong Q1 2025 earnings, with net sales exceeding ¥200 billion for the first time. Key highlights include a 19.7% increase in net sales to ¥208.3 billion, a 31.6% rise in operating profit to ¥44.5 billion, and an 18.4% increase in profit attributable to owners to ¥31.6 billion. Growth was driven by Performance Running, SportStyle, and Onitsuka Tiger categories, particularly in Japan, Europe, and Southeast Asia. ASICS remains optimistic about future growth, maintaining its fiscal year 2025 forecast despite market uncertainties.
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