Asics raises 2025 profit forecast, announces share buyback
Asics Corporation announced a revision to its consolidated business results forecast for the fiscal year ending December 31, 2025, reflecting strong recent performance. While net sales are maintained at 800,000 million yen, operating profit is now projected at 140,000 million yen (up from 136,000 million yen), ordinary profit at 135,000 million yen (up from 131,000 million yen), and profit attributable to owners of parent at 90,000 million yen (up from 87,000 million yen). Basic earnings per share are revised to 125.89 yen. The company anticipates record-high sales driven by strong growth in SportStyle, Onitsuka Tiger, Japan, and Europe, alongside improved gross margins.
In a separate announcement, Asics disclosed a resolution to repurchase its common stock. The company plans to acquire up to 10 million shares, representing 1.40% of its total issued shares (excluding treasury shares), with a maximum total acquisition cost of 30 billion yen. This buyback will occur on the Tokyo Stock Exchange between November 13, 2025, and January 31, 2026, as part of its capital optimization and shareholder return policies.
As of September 30, 2025, Asics held 17,785,825 treasury shares, with 716,696,411 issued shares (excluding treasury shares). The repurchase reflects Asics' commitment to shareholder returns, sustained profit growth, and expanding operating cash flow.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
News Alerts
Get instant email alerts when Asics Corporation publishes news
Free account required • Unsubscribe anytime