ASICS, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 14%, Raises Record High Profit Forecast, Dividend Revised Upward by 2 Yen

ASICS Corporation <7936> [TSE Prime] announced its financial results in the afternoon session on August 13th (13:00). The consolidated ordinary profit for the cumulative second quarter of the fiscal year ending December 2025 (January to June) expanded 78.6 billion yen, an increase 36.0% compared to the same period last year.

In addition, the full-year forecast for consolidated ordinary profit has been revised upward 13.9%, from the previous forecast of 115 billion yen to 131 billion yen (compared to 92.6 billion yen in the previous period), increasing the growth rate from 24.2% to 41.5%, further surpassing the previous forecast of record-high profits for four consecutive terms.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated ordinary profit for the July to December period (second half) is expected to expand 50.6% from the same period last year, reaching 52.3 billion yen.

In light of the strong performance, the company has increased its planned annual dividend for the current fiscal year from the original plan of 26 yen to 28 yen.

In the most recent three-month period, from April to June (2Q), the consolidated ordinary profit increased 42.4% from the same period last year, reaching 35.2 billion yen. The operating profit margin rose from 15.0% in the same period last year to 18.8%.

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