Higher Overall Sales But Lower Profit For Asics

ASICS reported a 14.2 percent increase in revenues for the first half ended Sept. 30 to ¥124.21 billion (€999.5m-$1,290.6m), but European sales declined and the company’s net income slid by 9.0 percent to ¥7.54 billion (€60.7m-$78.3m). Gross margins dropped by 1.7 percentage points to 42.9 percent of sales.

Keep reading this article by becoming a member

Already an SGI Europe subscriber? Sign in here

Gated access promo

Enjoy full access to SGI Europe

To continue reading subscribe now. Your membership benefits:

  • Unlimited access to all insight, exclusive analysis, data and statistics on sgieurope.com available 24h online, when it best suits your time
  • Our executive edition of SGI Europe (Regular PDF format or E-Format) - the must-read for all decision-makers in the industry
  • Weekly E-mail Briefing from the Chief Editor with the lastest analysis and most important industry developments
  • Daily analysis and E-mail update
  • Case studies and best practices on business challenges
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry
  • Personal library to save articles and track your key content

for just 49€/month

Alternatively, try SGI Europe for 1€ for 30 days START YOUR 30-Day TRIAL NOW   


If you are interested in a Team or Corporate subscription, click here to find out more