Business Description

Asics Corp. is involved in the manufacturing and sale of sporting goods. It sells shoes, sportswear, and equipment. It has the following segments: Japan, Oceania Area. South East Area America Area, Europe Area. & South Asia Area. East Asia Area. These segments are involved with the sale and production of sporting goods. HAGLOFS is the brand name for outdoor products. Kihachiro Onitsuka founded the company on September 1, 1949. It is headquartered in Kobe, Japan.

Key Financials

Revenue (US$ Mn)

• The annual revenue generated by Asics Corp in 2020 was US$ 2,434 Mn
• At a -1.11% decrease, Asics Corp’s annual revenue of US$ 3,466 Mn was indexed in 2019
• Asics Corp generated total revenue of US$ 3,505 Mn in 2018

Operating Income (US$ Mn)

• Asics Corp indexed a -70.05% decrease in operating incomes from 2019, amounting to US$ 29 Mn in 2020
• Asics Corp generated an operating income of US$ 98 Mn in 2019
• An operating income of US$ 95 Mn was indexed by Microsoft Corporation in 2018

Net Income (US$ Mn)

• Asics Corp’s net income for 2020 was US$ -1 Mn, a -100.92% decrease from 2019
• From 2018’s net incomes, Asics Corp registered a -135.33% decrease in 2019, amounting to US$ 65 Mn
• A net income of US$ -184 Mn was generated in 2018 by Asics Corp

Operating Margin %

• The operating margin generated by Asics Corp in 2020 was 1%
• At a 3.7% increase, Asics Corp’s operating margin of 3% was indexed in 2019
• Asics Corp generated an operating margin of 3% in 2018

Gross Margin %

• Asics Corp indexed a -2.11% decrease in gross margins from 2019, amounting to 47% in 2020
• Asics Corp generated a gross margin of 48% in 2019
• A gross margin of 47% was indexed by Microsoft Corporation in 2018

SWOT Analysis

Strengths

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