ASICS（7936）株式概要アシックス株式会社は、日本、北米、欧州、中華圏、オセアニア、東南アジアおよび南アジアをはじめ、世界各国でスポーツ用品の製造・販売を行っています。 詳細7936 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長4/6過去の実績6/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より1%で取引されている 収益は年間9.68%増加すると予測されています 過去1年間で収益は69.3%増加しました リスク分析リスクチェックの結果、7936 、リスクは検出されなかった。すべてのリスクチェックを見る7936 Community Fair Values Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.NEW481,164 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA481,164 investors already sharing narrativesYour Fair ValueJP¥Current PriceJP¥4.90k18.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-18b2t2016201920222025202620282031Revenue JP¥1.5tEarnings JP¥202.7bAdvancedSet Fair ValueView all narrativesASICS Corporation 競合他社BANDAI NAMCO HoldingsSymbol: TSE:7832Market cap: JP¥3.4tSekisui HouseSymbol: TSE:1928Market cap: JP¥2.2tSeiko GroupSymbol: TSE:8050Market cap: JP¥879.9bShimanoSymbol: TSE:7309Market cap: JP¥1.6t価格と性能株価の高値、安値、推移の概要ASICS過去の株価現在の株価JP¥4,897.0052週高値JP¥5,440.0052週安値JP¥3,505.00ベータ1.011ヶ月の変化0.041%3ヶ月変化12.06%1年変化17.89%3年間の変化284.61%5年間の変化687.30%IPOからの変化3,659.69%最新ニュース分析記事 • 1hASICS Corporation Just Beat EPS By 54%: Here's What Analysts Think Will Happen NextA week ago, ASICS Corporation ( TSE:7936 ) came out with a strong set of half-yearly numbers that could potentially...Reported Earnings • Aug 15Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥50.22 (up from JP¥30.73 in 2Q 2025). Revenue: JP¥264.2b (up 36% from 2Q 2025). Net income: JP¥35.6b (up 62% from 2Q 2025). Profit margin: 14% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.ライブニュース • Aug 15ASICS to Spin Off Onitsuka Tiger and Lift Asics Walking to Premium SegmentASICS plans to spin off its Onitsuka Tiger brand into a new subsidiary called OT Group Corp after first-half net sales for the label rose 35.9%, helped by demand from inbound tourists in Japan as well as Europe and Greater China. The company is also repositioning Asics Walking as a premium brand, signaling a focus on higher-end segments within its broader footwear portfolio. ASICS shares trade at ¥5,281, with the stock up 37.2% year to date. Separating Onitsuka Tiger into OT Group Corp could give ASICS clearer visibility on the brand’s performance and more focused management attention. The push to make Asics Walking a premium offering points to an effort to lean into pricing power and brand strength. The main risk for investors is execution, particularly around brand differentiation and maintaining momentum in regions that have been supported by tourism-driven demand.お知らせ • Aug 14Asics Corporation Announces Dividend of the Second Quarter End of Fiscal Year Ending December 31, 2026, Payable on August 20, 2026 and Revises Dividend Guidance for the Fiscal Year End of Fiscal Year Ending December 31, 2026ASICS Corporation announced dividend of the second quarter end of fiscal year ending December 31, 2026 and revised dividend guidance for the fiscal year end of fiscal year ending December 31, 2026. For second quarter end, the company to pay dividend of JPY 20.00 per share compared to JPY 12.00 per share paid a year ago. Date of scheduled payment of dividend is August 20, 2026. Record Date is June 30, 2026. For the year, the company expects to pay dividend of JPY 24.00 per share compared to JPY 16.00 per share paid a year ago. The Company has decided to raise the interim dividend by JPY 2.00 from the previous forecast to JPY 20.00 per share, taking into account the upward revision of the consolidated business results forecast for the fiscal year ending December 31, 2026. The Company has also revised the year- end dividend forecast to JPY 24.00 per share, an increase of JPY 4.00 per share from the previous forecast. As a result, the annual dividend forecast is going to increase by JPY 6.00 per share to JPY 44.00 from the previous forecast.Upcoming Dividend • Jun 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 14 August 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (1.7%).ライブニュース • Jun 11Asics to Establish OT Group as Onitsuka Tiger’s Global Headquarters in 2027 Spin OffAsics plans to transfer its Onitsuka Tiger business into a wholly owned subsidiary, OT Group Corporation, through a simplified absorption-type company split effective 1 January 2027. OT Group will function as the global headquarters for the Onitsuka Tiger brand. The company reports that Onitsuka Tiger sales in the first quarter of fiscal 2026 were 33.8% higher, and describes the brand as having accelerated growth in recent years. Separating Onitsuka Tiger into OT Group creates a clearer structure around a fashion-focused brand that Asics highlights as growing quickly. This could help management set more tailored goals, allocate resources differently and track performance more transparently. Investors may want to watch for future disclosures on how intercompany arrangements are set up, as well as any changes in capital needs or investment plans for OT Group as 2027 approaches.最新情報をもっと見るRecent updates分析記事 • 1hASICS Corporation Just Beat EPS By 54%: Here's What Analysts Think Will Happen NextA week ago, ASICS Corporation ( TSE:7936 ) came out with a strong set of half-yearly numbers that could potentially...Reported Earnings • Aug 15Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥50.22 (up from JP¥30.73 in 2Q 2025). Revenue: JP¥264.2b (up 36% from 2Q 2025). Net income: JP¥35.6b (up 62% from 2Q 2025). Profit margin: 14% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.ライブニュース • Aug 15ASICS to Spin Off Onitsuka Tiger and Lift Asics Walking to Premium SegmentASICS plans to spin off its Onitsuka Tiger brand into a new subsidiary called OT Group Corp after first-half net sales for the label rose 35.9%, helped by demand from inbound tourists in Japan as well as Europe and Greater China. The company is also repositioning Asics Walking as a premium brand, signaling a focus on higher-end segments within its broader footwear portfolio. ASICS shares trade at ¥5,281, with the stock up 37.2% year to date. Separating Onitsuka Tiger into OT Group Corp could give ASICS clearer visibility on the brand’s performance and more focused management attention. The push to make Asics Walking a premium offering points to an effort to lean into pricing power and brand strength. The main risk for investors is execution, particularly around brand differentiation and maintaining momentum in regions that have been supported by tourism-driven demand.お知らせ • Aug 14Asics Corporation Announces Dividend of the Second Quarter End of Fiscal Year Ending December 31, 2026, Payable on August 20, 2026 and Revises Dividend Guidance for the Fiscal Year End of Fiscal Year Ending December 31, 2026ASICS Corporation announced dividend of the second quarter end of fiscal year ending December 31, 2026 and revised dividend guidance for the fiscal year end of fiscal year ending December 31, 2026. For second quarter end, the company to pay dividend of JPY 20.00 per share compared to JPY 12.00 per share paid a year ago. Date of scheduled payment of dividend is August 20, 2026. Record Date is June 30, 2026. For the year, the company expects to pay dividend of JPY 24.00 per share compared to JPY 16.00 per share paid a year ago. The Company has decided to raise the interim dividend by JPY 2.00 from the previous forecast to JPY 20.00 per share, taking into account the upward revision of the consolidated business results forecast for the fiscal year ending December 31, 2026. The Company has also revised the year- end dividend forecast to JPY 24.00 per share, an increase of JPY 4.00 per share from the previous forecast. As a result, the annual dividend forecast is going to increase by JPY 6.00 per share to JPY 44.00 from the previous forecast.Upcoming Dividend • Jun 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 14 August 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (1.7%).ライブニュース • Jun 11Asics to Establish OT Group as Onitsuka Tiger’s Global Headquarters in 2027 Spin OffAsics plans to transfer its Onitsuka Tiger business into a wholly owned subsidiary, OT Group Corporation, through a simplified absorption-type company split effective 1 January 2027. OT Group will function as the global headquarters for the Onitsuka Tiger brand. The company reports that Onitsuka Tiger sales in the first quarter of fiscal 2026 were 33.8% higher, and describes the brand as having accelerated growth in recent years. Separating Onitsuka Tiger into OT Group creates a clearer structure around a fashion-focused brand that Asics highlights as growing quickly. This could help management set more tailored goals, allocate resources differently and track performance more transparently. Investors may want to watch for future disclosures on how intercompany arrangements are set up, as well as any changes in capital needs or investment plans for OT Group as 2027 approaches.お知らせ • May 30ASICS Corporation to Report Q2, 2026 Results on Aug 14, 2026ASICS Corporation announced that they will report Q2, 2026 results on Aug 14, 2026分析記事 • May 20ASICS' (TSE:7936) Earnings Are Of Questionable QualityInvestors were disappointed with ASICS Corporation's ( TSE:7936 ) earnings, despite the strong profit numbers. Our...分析記事 • May 15ASICS Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsA week ago, ASICS Corporation ( TSE:7936 ) came out with a strong set of quarterly numbers that could potentially lead...ライブニュース • May 14Asics North America Delivers 23% Q1 Sales Growth With Running and Sportstyle StrengthAsics North America reported its fourth consecutive quarterly profit to start fiscal 2026. Net sales in the first quarter were up 23%, with all three regions in North America, the U.S., Canada and Mexico, delivering double-digit growth. Performance running and sportstyle sneakers, including the Blast footwear franchise, were key drivers of the quarter, with the sportstyle category showing particularly strong sales. The breadth of growth across regions and product lines points to solid demand for Asics brands in North America, with performance running and sportstyle now acting as key pillars for the business in that region. Investors may want to watch how sustainable demand for the Blast franchise and sportstyle category remains over coming quarters, as any slowdown in these product lines could have a meaningful impact on the North American contribution to group results.Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥65.71 (up from JP¥44.26 in 1Q 2025). Revenue: JP¥270.3b (up 30% from 1Q 2025). Net income: JP¥46.6b (up 47% from 1Q 2025). Profit margin: 17% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 09ASICS Corporation to Report Q1, 2026 Results on May 13, 2026ASICS Corporation announced that they will report Q1, 2026 results on May 13, 2026Declared Dividend • Apr 11Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th June 2026 Payment date: 14th August 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 20%. Cash payout ratio: 34%.Board Change • Apr 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Substitute Director Hideaki Mihara was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.分析記事 • Feb 17ASICS Corporation Just Beat EPS By 7.2%: Here's What Analysts Think Will Happen NextShareholders of ASICS Corporation ( TSE:7936 ) will be pleased this week, given that the stock price is up 16% to...Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥138 (up from JP¥88.30 in FY 2024). Revenue: JP¥810.9b (up 20% from FY 2024). Net income: JP¥98.7b (up 55% from FY 2024). Profit margin: 12% (up from 9.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.2%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 13+ 2 more updatesASICS Corporation, Annual General Meeting, Mar 25, 2026ASICS Corporation, Annual General Meeting, Mar 25, 2026.Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,375, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Luxury industry in Japan. Total returns to shareholders of 450% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,087 per share.分析記事 • Feb 02Earnings Tell The Story For ASICS Corporation (TSE:7936)With a price-to-earnings (or "P/E") ratio of 31.6x ASICS Corporation ( TSE:7936 ) may be sending very bearish signals...分析記事 • Jan 21Is ASICS Corporation (TSE:7936) Worth JP¥4.0k Based On Its Intrinsic Value?Key Insights Using the 2 Stage Free Cash Flow to Equity, ASICS fair value estimate is JP¥3,229 ASICS' JP¥3,984 share...Buy Or Sell Opportunity • Jan 05Now 21% overvaluedOver the last 90 days, the stock has fallen 2.2% to JP¥3,856. The fair value is estimated to be JP¥3,194, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 49%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.分析記事 • Dec 25Shareholders Would Enjoy A Repeat Of ASICS' (TSE:7936) Recent Growth In ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Upcoming Dividend • Dec 22Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%).Buy Or Sell Opportunity • Dec 12Now 23% overvaluedOver the last 90 days, the stock has fallen 6.0% to JP¥3,912. The fair value is estimated to be JP¥3,181, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 49%. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.お知らせ • Dec 03ASICS Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026ASICS Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026お知らせ • Nov 27Anta Sports Reportedly Exploring Bid for PumaChinese sportswear maker ANTA Sports Products Limited (SEHK:2020) is among firms exploring a potential takeover of German sportswear brand PUMA SE (XTRA:PUM), Bloomberg News reported on November 27, 2025. Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma, and the company may team up with a private equity firm if it decides to move forward with an offer, the Bloomberg report said, citing people familiar with the matter. Other potential bidders could include Chinese sportswear group Li Ning Company Limited (SEHK:2331), which has been discussing financing options with banks as it takes an early look at Puma, according to the report. Puma may also attract interest from Japanese sportswear company ASICS Corporation (TSE:7936), the report said. Anta Sports, Puma, and Asics did not immediately respond to Reuters‘ requests for comment. Li-Ning said in an emailed statement to Reuters that the company “has not engaged in any substantive negotiations or evaluations regarding the transaction mentioned in the news”, adding that the company continues to focus on the growth and development of its brand. Puma’s biggest shareholder Artemis, the privately-owned holding company that controls Gucci owner Kering, has said it is considering all options for its 29% stake, though a source close to the firm told Reuters in September it would not sell at the market value then. Puma’s market valuation is currently at EUR 2,520 million ($2,920 million), according to LSEG data. The Pinault family, which controls Artemis, acquired its Puma stake in 2018 from Kering when the luxury group transformed into a pure luxury player focused on brands like Gucci and Saint Laurent.分析記事 • Nov 14ASICS Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, ASICS Corporation ( TSE:7936 ) came out with a strong set of quarterly numbers that could potentially lead...Reported Earnings • Nov 13Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥45.65 (up from JP¥31.54 in 3Q 2024). Revenue: JP¥222.3b (up 21% from 3Q 2024). Net income: JP¥32.7b (up 44% from 3Q 2024). Profit margin: 15% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 12+ 2 more updatesASICS Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2025ASICS Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2025. For the year, the company expects net sales of JPY 800,000 millions, Operating profit of JPY 140,000 millions compared to previous guidance of JPY 136,000 millions, Profit attributable to owners of parent of JPY 90,000 millions compared to previous guidance of JPY 87,000 millions and Basic earnings per share of JPY 125.89 compared to previous guidance of JPY 121.72.Buy Or Sell Opportunity • Oct 22Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.2% to JP¥4,009. The fair value is estimated to be JP¥3,289, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Buy Or Sell Opportunity • Oct 06Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.9% to JP¥3,974. The fair value is estimated to be JP¥3,278, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.お知らせ • Sep 27ASICS Corporation to Report Q3, 2025 Results on Nov 12, 2025ASICS Corporation announced that they will report Q3, 2025 results on Nov 12, 2025Buy Or Sell Opportunity • Sep 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to JP¥4,114. The fair value is estimated to be JP¥3,387, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.お知らせ • Aug 29ASICS Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2025ASICS Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2025. For the year, the company expects net sales to be JPY 800.0 Billion (previous forecast: ¥780.0 billion), operating profit of ¥136.0 billion (previous: ¥120.0 billion), and operating margin of 17.0% (previous: 15.4%).Declared Dividend • Aug 15First half dividend of JP¥16.00 announcedShareholders will receive a dividend of JP¥16.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 23%.Reported Earnings • Aug 14Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: JP¥30.73 (up from JP¥21.38 in 2Q 2024). Revenue: JP¥194.5b (up 16% from 2Q 2024). Net income: JP¥22.0b (up 42% from 2Q 2024). Profit margin: 11% (up from 9.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,147, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Luxury industry in Japan. Total returns to shareholders of 542% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,885 per share.Buy Or Sell Opportunity • Jun 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.3% to JP¥3,357. The fair value is estimated to be JP¥2,780, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.Upcoming Dividend • Jun 20Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 05 September 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (1.9%).お知らせ • Jun 03ASICS Corporation to Report Q2, 2025 Results on Aug 13, 2025ASICS Corporation announced that they will report Q2, 2025 results on Aug 13, 2025Reported Earnings • May 16First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: JP¥44.26 (up from JP¥36.65 in 1Q 2024). Revenue: JP¥208.3b (up 20% from 1Q 2024). Net income: JP¥31.6b (up 18% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • May 12Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.6% to JP¥3,380. The fair value is estimated to be JP¥2,805, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 62%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Declared Dividend • Apr 11Final dividend of JP¥12.00 announcedShareholders will receive a dividend of JP¥12.00. Ex-date: 27th June 2025 Payment date: 5th September 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 23%. Cash payout ratio: 23%.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,747, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Luxury industry in Japan. Total returns to shareholders of 445% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,904 per share.Reported Earnings • Apr 05Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥88.30 (up from JP¥48.13 in FY 2023). Revenue: JP¥678.5b (up 19% from FY 2023). Net income: JP¥63.8b (up 81% from FY 2023). Profit margin: 9.4% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 27ASICS Corporation to Report Q1, 2025 Results on May 15, 2025ASICS Corporation announced that they will report Q1, 2025 results on May 15, 2025Price Target Changed • Feb 19Price target increased by 10% to JP¥3,697Up from JP¥3,348, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of JP¥3,587. Stock is up 138% over the past year. The company is forecast to post earnings per share of JP¥112 for next year compared to JP¥88.30 last year.New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 15Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥88.30 (up from JP¥48.13 in FY 2023). Revenue: JP¥678.5b (up 19% from FY 2023). Net income: JP¥63.8b (up 81% from FY 2023). Profit margin: 9.4% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 15ASICS Corporation (TSE:7936) announces an Equity Buyback for 7,000,000 shares, representing 0.98% for ¥20,000 million.ASICS Corporation (TSE:7936) announces a share repurchase program. Under the program, the company will repurchase up to 7,000,000 shares, representing 0.98% of its issued share capital (excluding treasury stock), for ¥20,000 million. The purpose of the program is to improve capital efficiency and shareholder returns based on company's shareholder return policy. The program will run until September 30, 2025. As of December 31, 2025, the company had 715,741,730 shares in issue (excluding treasury stock) and 43,740,506 shares in treasury.お知らせ • Feb 14ASICS Corporation, Annual General Meeting, Mar 28, 2025ASICS Corporation, Annual General Meeting, Mar 28, 2025.お知らせ • Jan 28Toyoda Gosei Co., Ltd. in Joint Project for Sneakers Using Leather Rem RemnantsToyoda Gosei Co., Ltd. has teamed up with major sporting goods manufacturer ASICS Corporation to produce the SKYHAND™? OG sneakers using leather remnants generated in the steering wheel manufacturing process. These sneakers will be available for purchase from the ASICS online store starting February 1, 2025. The current project is Toyoda Gosei's second collaboration with ASICS, following the launch of sneakers that use airbag fabric in January 2023. The two companies are cooperating across industry boundaries under a shared philosophy for achieving a sustainable society. To use materials with as little waste as possible, original techniques are incorporated in this project, such as combining small remnant pieces into a patchwork. Steering wheel punching remnants generated at Toyoda Gosei's plant in Vietnam are used in this project, and ASICS is using these remnants in shoes also manufactured in Vietnam, reducing not only waste but also CO2 in the transport of the remnants.お知らせ • Jan 24ASICS Corporation Announces Retirement of Kazuo Sumi as Outside Director, Effective March 28, 2025ASICS Corporation at its board of directors meeting held on January 24, 2025, announced the retirement of Kazuo Sumi as Outside Director, effective March 28, 2025.お知らせ • Jan 17ASICS Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025ASICS Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025Buy Or Sell Opportunity • Jan 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.7% to JP¥3,103. The fair value is estimated to be JP¥2,573, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period.Buy Or Sell Opportunity • Dec 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.9% to JP¥3,085. The fair value is estimated to be JP¥2,568, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.Upcoming Dividend • Dec 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 March 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.6%).Reported Earnings • Nov 09Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: JP¥31.54 (up from JP¥21.13 in 3Q 2023). Revenue: JP¥183.3b (up 16% from 3Q 2023). Net income: JP¥22.7b (up 47% from 3Q 2023). Profit margin: 12% (up from 9.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 53%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 28ASICS Corporation to Report Q3, 2024 Results on Nov 08, 2024ASICS Corporation announced that they will report Q3, 2024 results on Nov 08, 2024Price Target Changed • Aug 28Price target increased by 7.5% to JP¥2,953Up from JP¥2,746, the current price target is an average from 7 analysts. New target price is 8.5% above last closing price of JP¥2,722. Stock is up 108% over the past year. The company is forecast to post earnings per share of JP¥86.26 for next year compared to JP¥48.13 last year.Major Estimate Revision • Aug 20Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥640.9b to JP¥658.0b. EPS estimate increased from JP¥74.02 to JP¥81.88 per share. Net income forecast to grow 21% next year vs 15% growth forecast for Luxury industry in Japan. Consensus price target up from JP¥2,549 to JP¥2,746. Share price rose 8.6% to JP¥2,524 over the past week.Price Target Changed • Aug 16Price target increased by 7.7% to JP¥2,746Up from JP¥2,549, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥2,622. Stock is up 105% over the past year. The company is forecast to post earnings per share of JP¥81.51 for next year compared to JP¥48.13 last year.Reported Earnings • Aug 15Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥29.04 (up from JP¥11.58 in 2Q 2023). Revenue: JP¥171.1b (up 24% from 2Q 2023). Net income: JP¥21.1b (up 149% from 2Q 2023). Profit margin: 12% (up from 6.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.Declared Dividend • Aug 15Dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 27th December 2024 Payment date: 25th March 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Payout Ratios Payout ratio: 26%. Cash payout ratio: 19%.お知らせ • Aug 13+ 1 more updateASICS Corporation (TSE:7936) announces an Equity Buyback for 10,000,000 shares, representing 1.38% for ¥20,000 million.ASICS Corporation (TSE:7936) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 1.38% of its issued share capital (excluding treasury stock), for ¥20,000 million. The purpose of the program is to improve capital efficiency and shareholder returns based on our shareholder return policy. The program will run until October 31, 2024. As of June 30, 2024, the company had 180,822,436 shares in issue (excluding treasury stock) and 9,048,123 shares in treasury.Buy Or Sell Opportunity • Aug 06Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to JP¥2,065. The fair value is estimated to be JP¥1,605, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,835, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 201% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,613 per share.お知らせ • Jul 12ASICS Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024ASICS Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company now expects net sales to be JPY 660,000 million, operating income to be JPY 95,000 million, profit attributable to owners of the parent to be JPY 58,000 million, net income per share to be JPY 79.80 against previous guidance of net sales to be JPY 590,000 million, operating income to be JPY 58,000 million, profit attributable to owners of the parent to be JPY 36,000 million, net income per share to be JPY 49.53.New Risk • Jul 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.お知らせ • Jun 28ASICS Corporation to Report Q2, 2024 Results on Aug 13, 2024ASICS Corporation announced that they will report Q2, 2024 results on Aug 13, 2024株主還元7936JP LuxuryJP 市場7D-3.0%2.3%2.4%1Y17.9%29.3%33.4%株主還元を見る業界別リターン: 7936過去 1 年間で29.3 % の収益を上げたJP Luxury業界を下回りました。リターン対市場: 7936は、過去 1 年間で33.4 % のリターンを上げたJP市場を下回りました。価格変動Is 7936's price volatile compared to industry and market?7936 volatility7936 Average Weekly Movement6.0%Luxury Industry Average Movement3.3%Market Average Movement4.1%10% most volatile stocks in JP Market9.3%10% least volatile stocks in JP Market2.2%安定した株価: 7936 、 JP市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 7936の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19439,455Yasuhito Hirotacorp.asics.comアシックス株式会社は、日本、北米、欧州、中華圏、オセアニア、東南アジアおよび南アジアをはじめ、世界各国でスポーツ用品の製造・販売を行っています。 同社は、スポーツウェアやアクセサリー、アパレル、テニス、バレーボール、バスケットボール、サッカー用のシューズ、ランニングシューズなどを提供しています。製品は「ASICS」および「オニツカタイガー」のブランド名で、小売店やオンラインを通じて販売されています。同社は1943年に設立され、本社は日本の神戸にあります。もっと見るASICS Corporation 基礎のまとめASICS の収益と売上を時価総額と比較するとどうか。7936 基礎統計学時価総額JP¥3.47t収益（TTM）JP¥127.28b売上高(TTM)JP¥942.60b27.3xPER（株価収益率3.7xP/Sレシオ7936 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計7936 損益計算書（TTM）収益JP¥942.60b売上原価JP¥404.13b売上総利益JP¥538.47bその他の費用JP¥411.19b収益JP¥127.28b直近の収益報告Jun 30, 2026次回決算日該当なし一株当たり利益（EPS）179.55グロス・マージン57.13%純利益率13.50%有利子負債／自己資本比率11.1%7936 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.0%現在の配当利回り20%配当性向7936 配当は確実ですか？7936 配当履歴とベンチマークを見る7936 、いつまでに購入すれば配当金を受け取れますか？ASICS 配当日配当落ち日Jun 29 2026配当支払日Aug 20 2026配当落ちまでの日数51 days配当支払日までの日数1 day7936 配当は確実ですか？7936 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/18 22:32終値2026/08/18 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋ASICS Corporation 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23 アナリスト機関Yugo ShimaBernsteinArashi NishizawaBofA Global ResearchYingqiu ZhangCitigroup Inc20 その他のアナリストを表示
分析記事 • 1hASICS Corporation Just Beat EPS By 54%: Here's What Analysts Think Will Happen NextA week ago, ASICS Corporation ( TSE:7936 ) came out with a strong set of half-yearly numbers that could potentially...
Reported Earnings • Aug 15Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥50.22 (up from JP¥30.73 in 2Q 2025). Revenue: JP¥264.2b (up 36% from 2Q 2025). Net income: JP¥35.6b (up 62% from 2Q 2025). Profit margin: 14% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
ライブニュース • Aug 15ASICS to Spin Off Onitsuka Tiger and Lift Asics Walking to Premium SegmentASICS plans to spin off its Onitsuka Tiger brand into a new subsidiary called OT Group Corp after first-half net sales for the label rose 35.9%, helped by demand from inbound tourists in Japan as well as Europe and Greater China. The company is also repositioning Asics Walking as a premium brand, signaling a focus on higher-end segments within its broader footwear portfolio. ASICS shares trade at ¥5,281, with the stock up 37.2% year to date. Separating Onitsuka Tiger into OT Group Corp could give ASICS clearer visibility on the brand’s performance and more focused management attention. The push to make Asics Walking a premium offering points to an effort to lean into pricing power and brand strength. The main risk for investors is execution, particularly around brand differentiation and maintaining momentum in regions that have been supported by tourism-driven demand.
お知らせ • Aug 14Asics Corporation Announces Dividend of the Second Quarter End of Fiscal Year Ending December 31, 2026, Payable on August 20, 2026 and Revises Dividend Guidance for the Fiscal Year End of Fiscal Year Ending December 31, 2026ASICS Corporation announced dividend of the second quarter end of fiscal year ending December 31, 2026 and revised dividend guidance for the fiscal year end of fiscal year ending December 31, 2026. For second quarter end, the company to pay dividend of JPY 20.00 per share compared to JPY 12.00 per share paid a year ago. Date of scheduled payment of dividend is August 20, 2026. Record Date is June 30, 2026. For the year, the company expects to pay dividend of JPY 24.00 per share compared to JPY 16.00 per share paid a year ago. The Company has decided to raise the interim dividend by JPY 2.00 from the previous forecast to JPY 20.00 per share, taking into account the upward revision of the consolidated business results forecast for the fiscal year ending December 31, 2026. The Company has also revised the year- end dividend forecast to JPY 24.00 per share, an increase of JPY 4.00 per share from the previous forecast. As a result, the annual dividend forecast is going to increase by JPY 6.00 per share to JPY 44.00 from the previous forecast.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 14 August 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (1.7%).
ライブニュース • Jun 11Asics to Establish OT Group as Onitsuka Tiger’s Global Headquarters in 2027 Spin OffAsics plans to transfer its Onitsuka Tiger business into a wholly owned subsidiary, OT Group Corporation, through a simplified absorption-type company split effective 1 January 2027. OT Group will function as the global headquarters for the Onitsuka Tiger brand. The company reports that Onitsuka Tiger sales in the first quarter of fiscal 2026 were 33.8% higher, and describes the brand as having accelerated growth in recent years. Separating Onitsuka Tiger into OT Group creates a clearer structure around a fashion-focused brand that Asics highlights as growing quickly. This could help management set more tailored goals, allocate resources differently and track performance more transparently. Investors may want to watch for future disclosures on how intercompany arrangements are set up, as well as any changes in capital needs or investment plans for OT Group as 2027 approaches.
分析記事 • 1hASICS Corporation Just Beat EPS By 54%: Here's What Analysts Think Will Happen NextA week ago, ASICS Corporation ( TSE:7936 ) came out with a strong set of half-yearly numbers that could potentially...
Reported Earnings • Aug 15Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: JP¥50.22 (up from JP¥30.73 in 2Q 2025). Revenue: JP¥264.2b (up 36% from 2Q 2025). Net income: JP¥35.6b (up 62% from 2Q 2025). Profit margin: 14% (up from 11% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 54%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
ライブニュース • Aug 15ASICS to Spin Off Onitsuka Tiger and Lift Asics Walking to Premium SegmentASICS plans to spin off its Onitsuka Tiger brand into a new subsidiary called OT Group Corp after first-half net sales for the label rose 35.9%, helped by demand from inbound tourists in Japan as well as Europe and Greater China. The company is also repositioning Asics Walking as a premium brand, signaling a focus on higher-end segments within its broader footwear portfolio. ASICS shares trade at ¥5,281, with the stock up 37.2% year to date. Separating Onitsuka Tiger into OT Group Corp could give ASICS clearer visibility on the brand’s performance and more focused management attention. The push to make Asics Walking a premium offering points to an effort to lean into pricing power and brand strength. The main risk for investors is execution, particularly around brand differentiation and maintaining momentum in regions that have been supported by tourism-driven demand.
お知らせ • Aug 14Asics Corporation Announces Dividend of the Second Quarter End of Fiscal Year Ending December 31, 2026, Payable on August 20, 2026 and Revises Dividend Guidance for the Fiscal Year End of Fiscal Year Ending December 31, 2026ASICS Corporation announced dividend of the second quarter end of fiscal year ending December 31, 2026 and revised dividend guidance for the fiscal year end of fiscal year ending December 31, 2026. For second quarter end, the company to pay dividend of JPY 20.00 per share compared to JPY 12.00 per share paid a year ago. Date of scheduled payment of dividend is August 20, 2026. Record Date is June 30, 2026. For the year, the company expects to pay dividend of JPY 24.00 per share compared to JPY 16.00 per share paid a year ago. The Company has decided to raise the interim dividend by JPY 2.00 from the previous forecast to JPY 20.00 per share, taking into account the upward revision of the consolidated business results forecast for the fiscal year ending December 31, 2026. The Company has also revised the year- end dividend forecast to JPY 24.00 per share, an increase of JPY 4.00 per share from the previous forecast. As a result, the annual dividend forecast is going to increase by JPY 6.00 per share to JPY 44.00 from the previous forecast.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥18.00 per shareEligible shareholders must have bought the stock before 29 June 2026. Payment date: 14 August 2026. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Japanese dividend payers (3.9%). Lower than average of industry peers (1.7%).
ライブニュース • Jun 11Asics to Establish OT Group as Onitsuka Tiger’s Global Headquarters in 2027 Spin OffAsics plans to transfer its Onitsuka Tiger business into a wholly owned subsidiary, OT Group Corporation, through a simplified absorption-type company split effective 1 January 2027. OT Group will function as the global headquarters for the Onitsuka Tiger brand. The company reports that Onitsuka Tiger sales in the first quarter of fiscal 2026 were 33.8% higher, and describes the brand as having accelerated growth in recent years. Separating Onitsuka Tiger into OT Group creates a clearer structure around a fashion-focused brand that Asics highlights as growing quickly. This could help management set more tailored goals, allocate resources differently and track performance more transparently. Investors may want to watch for future disclosures on how intercompany arrangements are set up, as well as any changes in capital needs or investment plans for OT Group as 2027 approaches.
お知らせ • May 30ASICS Corporation to Report Q2, 2026 Results on Aug 14, 2026ASICS Corporation announced that they will report Q2, 2026 results on Aug 14, 2026
分析記事 • May 20ASICS' (TSE:7936) Earnings Are Of Questionable QualityInvestors were disappointed with ASICS Corporation's ( TSE:7936 ) earnings, despite the strong profit numbers. Our...
分析記事 • May 15ASICS Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their PredictionsA week ago, ASICS Corporation ( TSE:7936 ) came out with a strong set of quarterly numbers that could potentially lead...
ライブニュース • May 14Asics North America Delivers 23% Q1 Sales Growth With Running and Sportstyle StrengthAsics North America reported its fourth consecutive quarterly profit to start fiscal 2026. Net sales in the first quarter were up 23%, with all three regions in North America, the U.S., Canada and Mexico, delivering double-digit growth. Performance running and sportstyle sneakers, including the Blast footwear franchise, were key drivers of the quarter, with the sportstyle category showing particularly strong sales. The breadth of growth across regions and product lines points to solid demand for Asics brands in North America, with performance running and sportstyle now acting as key pillars for the business in that region. Investors may want to watch how sustainable demand for the Blast franchise and sportstyle category remains over coming quarters, as any slowdown in these product lines could have a meaningful impact on the North American contribution to group results.
Reported Earnings • May 14First quarter 2026 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2026 results: EPS: JP¥65.71 (up from JP¥44.26 in 1Q 2025). Revenue: JP¥270.3b (up 30% from 1Q 2025). Net income: JP¥46.6b (up 47% from 1Q 2025). Profit margin: 17% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 18%. Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 09ASICS Corporation to Report Q1, 2026 Results on May 13, 2026ASICS Corporation announced that they will report Q1, 2026 results on May 13, 2026
Declared Dividend • Apr 11Final dividend of JP¥18.00 announcedShareholders will receive a dividend of JP¥18.00. Ex-date: 29th June 2026 Payment date: 14th August 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 20%. Cash payout ratio: 34%.
Board Change • Apr 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Substitute Director Hideaki Mihara was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Feb 17ASICS Corporation Just Beat EPS By 7.2%: Here's What Analysts Think Will Happen NextShareholders of ASICS Corporation ( TSE:7936 ) will be pleased this week, given that the stock price is up 16% to...
Reported Earnings • Feb 14Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: JP¥138 (up from JP¥88.30 in FY 2024). Revenue: JP¥810.9b (up 20% from FY 2024). Net income: JP¥98.7b (up 55% from FY 2024). Profit margin: 12% (up from 9.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.2%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 13+ 2 more updatesASICS Corporation, Annual General Meeting, Mar 25, 2026ASICS Corporation, Annual General Meeting, Mar 25, 2026.
Valuation Update With 7 Day Price Move • Feb 13Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥4,375, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 22x in the Luxury industry in Japan. Total returns to shareholders of 450% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,087 per share.
分析記事 • Feb 02Earnings Tell The Story For ASICS Corporation (TSE:7936)With a price-to-earnings (or "P/E") ratio of 31.6x ASICS Corporation ( TSE:7936 ) may be sending very bearish signals...
分析記事 • Jan 21Is ASICS Corporation (TSE:7936) Worth JP¥4.0k Based On Its Intrinsic Value?Key Insights Using the 2 Stage Free Cash Flow to Equity, ASICS fair value estimate is JP¥3,229 ASICS' JP¥3,984 share...
Buy Or Sell Opportunity • Jan 05Now 21% overvaluedOver the last 90 days, the stock has fallen 2.2% to JP¥3,856. The fair value is estimated to be JP¥3,194, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 49%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
分析記事 • Dec 25Shareholders Would Enjoy A Repeat Of ASICS' (TSE:7936) Recent Growth In ReturnsWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Upcoming Dividend • Dec 22Upcoming dividend of JP¥16.00 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 31 March 2026. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.6%). Lower than average of industry peers (1.7%).
Buy Or Sell Opportunity • Dec 12Now 23% overvaluedOver the last 90 days, the stock has fallen 6.0% to JP¥3,912. The fair value is estimated to be JP¥3,181, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 49%. For the next 3 years, revenue is forecast to grow by 9.5% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
お知らせ • Dec 03ASICS Corporation to Report Fiscal Year 2025 Results on Feb 13, 2026ASICS Corporation announced that they will report fiscal year 2025 results on Feb 13, 2026
お知らせ • Nov 27Anta Sports Reportedly Exploring Bid for PumaChinese sportswear maker ANTA Sports Products Limited (SEHK:2020) is among firms exploring a potential takeover of German sportswear brand PUMA SE (XTRA:PUM), Bloomberg News reported on November 27, 2025. Hong Kong-listed Anta has been working with an adviser to evaluate a bid for Puma, and the company may team up with a private equity firm if it decides to move forward with an offer, the Bloomberg report said, citing people familiar with the matter. Other potential bidders could include Chinese sportswear group Li Ning Company Limited (SEHK:2331), which has been discussing financing options with banks as it takes an early look at Puma, according to the report. Puma may also attract interest from Japanese sportswear company ASICS Corporation (TSE:7936), the report said. Anta Sports, Puma, and Asics did not immediately respond to Reuters‘ requests for comment. Li-Ning said in an emailed statement to Reuters that the company “has not engaged in any substantive negotiations or evaluations regarding the transaction mentioned in the news”, adding that the company continues to focus on the growth and development of its brand. Puma’s biggest shareholder Artemis, the privately-owned holding company that controls Gucci owner Kering, has said it is considering all options for its 29% stake, though a source close to the firm told Reuters in September it would not sell at the market value then. Puma’s market valuation is currently at EUR 2,520 million ($2,920 million), according to LSEG data. The Pinault family, which controls Artemis, acquired its Puma stake in 2018 from Kering when the luxury group transformed into a pure luxury player focused on brands like Gucci and Saint Laurent.
分析記事 • Nov 14ASICS Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextA week ago, ASICS Corporation ( TSE:7936 ) came out with a strong set of quarterly numbers that could potentially lead...
Reported Earnings • Nov 13Third quarter 2025 earnings: EPS and revenues exceed analyst expectationsThird quarter 2025 results: EPS: JP¥45.65 (up from JP¥31.54 in 3Q 2024). Revenue: JP¥222.3b (up 21% from 3Q 2024). Net income: JP¥32.7b (up 44% from 3Q 2024). Profit margin: 15% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.4%. Earnings per share (EPS) also surpassed analyst estimates by 15%. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 12+ 2 more updatesASICS Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2025ASICS Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2025. For the year, the company expects net sales of JPY 800,000 millions, Operating profit of JPY 140,000 millions compared to previous guidance of JPY 136,000 millions, Profit attributable to owners of parent of JPY 90,000 millions compared to previous guidance of JPY 87,000 millions and Basic earnings per share of JPY 125.89 compared to previous guidance of JPY 121.72.
Buy Or Sell Opportunity • Oct 22Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.2% to JP¥4,009. The fair value is estimated to be JP¥3,289, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Buy Or Sell Opportunity • Oct 06Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 4.9% to JP¥3,974. The fair value is estimated to be JP¥3,278, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 8.1% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
お知らせ • Sep 27ASICS Corporation to Report Q3, 2025 Results on Nov 12, 2025ASICS Corporation announced that they will report Q3, 2025 results on Nov 12, 2025
Buy Or Sell Opportunity • Sep 08Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to JP¥4,114. The fair value is estimated to be JP¥3,387, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 53%. For the next 3 years, revenue is forecast to grow by 8.0% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
お知らせ • Aug 29ASICS Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2025ASICS Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2025. For the year, the company expects net sales to be JPY 800.0 Billion (previous forecast: ¥780.0 billion), operating profit of ¥136.0 billion (previous: ¥120.0 billion), and operating margin of 17.0% (previous: 15.4%).
Declared Dividend • Aug 15First half dividend of JP¥16.00 announcedShareholders will receive a dividend of JP¥16.00. Ex-date: 29th December 2025 Payment date: 31st March 2026 Dividend yield will be 0.7%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 21%. Cash payout ratio: 23%.
Reported Earnings • Aug 14Second quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2025 results: EPS: JP¥30.73 (up from JP¥21.38 in 2Q 2024). Revenue: JP¥194.5b (up 16% from 2Q 2024). Net income: JP¥22.0b (up 42% from 2Q 2024). Profit margin: 11% (up from 9.2% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 18%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to JP¥4,147, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 13x in the Luxury industry in Japan. Total returns to shareholders of 542% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,885 per share.
Buy Or Sell Opportunity • Jun 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.3% to JP¥3,357. The fair value is estimated to be JP¥2,780, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 58%. For the next 3 years, revenue is forecast to grow by 7.4% per annum. Earnings are also forecast to grow by 11% per annum over the same time period.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥12.00 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 05 September 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (1.9%).
お知らせ • Jun 03ASICS Corporation to Report Q2, 2025 Results on Aug 13, 2025ASICS Corporation announced that they will report Q2, 2025 results on Aug 13, 2025
Reported Earnings • May 16First quarter 2025 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2025 results: EPS: JP¥44.26 (up from JP¥36.65 in 1Q 2024). Revenue: JP¥208.3b (up 20% from 1Q 2024). Net income: JP¥31.6b (up 18% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 13%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has increased by 81% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • May 12Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.6% to JP¥3,380. The fair value is estimated to be JP¥2,805, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 62%. For the next 3 years, revenue is forecast to grow by 7.8% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Declared Dividend • Apr 11Final dividend of JP¥12.00 announcedShareholders will receive a dividend of JP¥12.00. Ex-date: 27th June 2025 Payment date: 5th September 2025 Dividend yield will be 0.8%, which is lower than the industry average of 2.0%. Payout Ratios Payout ratio: 23%. Cash payout ratio: 23%.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to JP¥2,747, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Luxury industry in Japan. Total returns to shareholders of 445% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,904 per share.
Reported Earnings • Apr 05Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥88.30 (up from JP¥48.13 in FY 2023). Revenue: JP¥678.5b (up 19% from FY 2023). Net income: JP¥63.8b (up 81% from FY 2023). Profit margin: 9.4% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 72% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 27ASICS Corporation to Report Q1, 2025 Results on May 15, 2025ASICS Corporation announced that they will report Q1, 2025 results on May 15, 2025
Price Target Changed • Feb 19Price target increased by 10% to JP¥3,697Up from JP¥3,348, the current price target is an average from 10 analysts. New target price is approximately in line with last closing price of JP¥3,587. Stock is up 138% over the past year. The company is forecast to post earnings per share of JP¥112 for next year compared to JP¥88.30 last year.
New Risk • Feb 17New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 15Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: JP¥88.30 (up from JP¥48.13 in FY 2023). Revenue: JP¥678.5b (up 19% from FY 2023). Net income: JP¥63.8b (up 81% from FY 2023). Profit margin: 9.4% (up from 6.2% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has increased by 84% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 15ASICS Corporation (TSE:7936) announces an Equity Buyback for 7,000,000 shares, representing 0.98% for ¥20,000 million.ASICS Corporation (TSE:7936) announces a share repurchase program. Under the program, the company will repurchase up to 7,000,000 shares, representing 0.98% of its issued share capital (excluding treasury stock), for ¥20,000 million. The purpose of the program is to improve capital efficiency and shareholder returns based on company's shareholder return policy. The program will run until September 30, 2025. As of December 31, 2025, the company had 715,741,730 shares in issue (excluding treasury stock) and 43,740,506 shares in treasury.
お知らせ • Feb 14ASICS Corporation, Annual General Meeting, Mar 28, 2025ASICS Corporation, Annual General Meeting, Mar 28, 2025.
お知らせ • Jan 28Toyoda Gosei Co., Ltd. in Joint Project for Sneakers Using Leather Rem RemnantsToyoda Gosei Co., Ltd. has teamed up with major sporting goods manufacturer ASICS Corporation to produce the SKYHAND™? OG sneakers using leather remnants generated in the steering wheel manufacturing process. These sneakers will be available for purchase from the ASICS online store starting February 1, 2025. The current project is Toyoda Gosei's second collaboration with ASICS, following the launch of sneakers that use airbag fabric in January 2023. The two companies are cooperating across industry boundaries under a shared philosophy for achieving a sustainable society. To use materials with as little waste as possible, original techniques are incorporated in this project, such as combining small remnant pieces into a patchwork. Steering wheel punching remnants generated at Toyoda Gosei's plant in Vietnam are used in this project, and ASICS is using these remnants in shoes also manufactured in Vietnam, reducing not only waste but also CO2 in the transport of the remnants.
お知らせ • Jan 24ASICS Corporation Announces Retirement of Kazuo Sumi as Outside Director, Effective March 28, 2025ASICS Corporation at its board of directors meeting held on January 24, 2025, announced the retirement of Kazuo Sumi as Outside Director, effective March 28, 2025.
お知らせ • Jan 17ASICS Corporation to Report Fiscal Year 2024 Results on Feb 14, 2025ASICS Corporation announced that they will report fiscal year 2024 results on Feb 14, 2025
Buy Or Sell Opportunity • Jan 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 6.7% to JP¥3,103. The fair value is estimated to be JP¥2,573, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 9.4% per annum over the same time period.
Buy Or Sell Opportunity • Dec 20Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 4.9% to JP¥3,085. The fair value is estimated to be JP¥2,568, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 66%. For the next 3 years, revenue is forecast to grow by 6.5% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
Upcoming Dividend • Dec 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 25 March 2025. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.6%).
Reported Earnings • Nov 09Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2024 results: EPS: JP¥31.54 (up from JP¥21.13 in 3Q 2023). Revenue: JP¥183.3b (up 16% from 3Q 2023). Net income: JP¥22.7b (up 47% from 3Q 2023). Profit margin: 12% (up from 9.8% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 53%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 28ASICS Corporation to Report Q3, 2024 Results on Nov 08, 2024ASICS Corporation announced that they will report Q3, 2024 results on Nov 08, 2024
Price Target Changed • Aug 28Price target increased by 7.5% to JP¥2,953Up from JP¥2,746, the current price target is an average from 7 analysts. New target price is 8.5% above last closing price of JP¥2,722. Stock is up 108% over the past year. The company is forecast to post earnings per share of JP¥86.26 for next year compared to JP¥48.13 last year.
Major Estimate Revision • Aug 20Consensus EPS estimates increase by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from JP¥640.9b to JP¥658.0b. EPS estimate increased from JP¥74.02 to JP¥81.88 per share. Net income forecast to grow 21% next year vs 15% growth forecast for Luxury industry in Japan. Consensus price target up from JP¥2,549 to JP¥2,746. Share price rose 8.6% to JP¥2,524 over the past week.
Price Target Changed • Aug 16Price target increased by 7.7% to JP¥2,746Up from JP¥2,549, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of JP¥2,622. Stock is up 105% over the past year. The company is forecast to post earnings per share of JP¥81.51 for next year compared to JP¥48.13 last year.
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: JP¥29.04 (up from JP¥11.58 in 2Q 2023). Revenue: JP¥171.1b (up 24% from 2Q 2023). Net income: JP¥21.1b (up 149% from 2Q 2023). Profit margin: 12% (up from 6.2% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 9.3%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in Japan. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Aug 15Dividend of JP¥10.00 announcedShareholders will receive a dividend of JP¥10.00. Ex-date: 27th December 2024 Payment date: 25th March 2025 Dividend yield will be 2.1%, which is about the same as the industry average. Payout Ratios Payout ratio: 26%. Cash payout ratio: 19%.
お知らせ • Aug 13+ 1 more updateASICS Corporation (TSE:7936) announces an Equity Buyback for 10,000,000 shares, representing 1.38% for ¥20,000 million.ASICS Corporation (TSE:7936) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 1.38% of its issued share capital (excluding treasury stock), for ¥20,000 million. The purpose of the program is to improve capital efficiency and shareholder returns based on our shareholder return policy. The program will run until October 31, 2024. As of June 30, 2024, the company had 180,822,436 shares in issue (excluding treasury stock) and 9,048,123 shares in treasury.
Buy Or Sell Opportunity • Aug 06Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to JP¥2,065. The fair value is estimated to be JP¥1,605, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.2% per annum. Earnings are also forecast to grow by 12% per annum over the same time period.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥1,835, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Luxury industry in Japan. Total returns to shareholders of 201% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,613 per share.
お知らせ • Jul 12ASICS Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024ASICS Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company now expects net sales to be JPY 660,000 million, operating income to be JPY 95,000 million, profit attributable to owners of the parent to be JPY 58,000 million, net income per share to be JPY 79.80 against previous guidance of net sales to be JPY 590,000 million, operating income to be JPY 58,000 million, profit attributable to owners of the parent to be JPY 36,000 million, net income per share to be JPY 49.53.
New Risk • Jul 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
お知らせ • Jun 28ASICS Corporation to Report Q2, 2024 Results on Aug 13, 2024ASICS Corporation announced that they will report Q2, 2024 results on Aug 13, 2024
