Asics raises profit forecast, announces share buyback program
Asics Corporation has revised its consolidated financial forecast for the fiscal year ending December 2025 upwards, maintaining its revenue forecast at 800,000 million yen but increasing operating profit to 140,000 million yen, ordinary profit to 135,000 million yen, and net profit attributable to parent company shareholders to 90,000 million yen. This revision, announced on November 12, 2025, reflects continued strong performance in sports style and Onitsuka Tiger categories, particularly in Japan and Europe.
In a separate announcement, Asics also disclosed a resolution by its board of directors to acquire up to 10 million shares, totaling 30,000 million yen, between November 13, 2025, and January 31, 2026. This initiative is aimed at optimizing capital structure and enhancing shareholder returns.
The company's Q3 2025 consolidated results, also released on November 12, 2025, show robust growth with revenue of 625,055 million yen and operating profit of 127,606 million yen, indicating the positive trajectory that led to the revised full-year forecast.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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