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

Wed Aug 13, 2025 1:00 pm JST Earnings

7936 ASICS Corporation 【J-GAAP】

Earnings Report

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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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Jan - Jun, 2023 290,079 33,610 33,818 24,796 33.8 66.7 Aug 8, 2023 J-GAAP
Jan - Jun, 2024 342,199 58,996 57,822 42,219 58.1 62.4 Aug 13, 2024 J-GAAP
Jan - Jun, 2025 402,798 81,132 78,626 53,606 75.0 60.0 Aug 13, 2025 J-GAAP
YoY +17.7% +37.5% +36.0% +27.0% +29.1%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2025 Guidance ー ー ー ー － 12 Feb 14, 2025 J-GAAP
Jan - Jun, 2025 Results 402,798 81,132 78,626 53,606 75.0 12 Aug 13, 2025 J-GAAP
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2025 Prev 780,000 120,000 115,000 78,000 109.6 26 Feb 14, 2025 J-GAAP
Dec, 2025 New 800,000 136,000 131,000 87,000 122.2 28 Aug 13, 2025 J-GAAP
Revision Rate +2.6% +13.3% +13.9% +11.5% +11.5%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jul - Dec, 2024 336,327 41,115 34,779 21,587 29.9 10 Feb 14, 2025 J-GAAP
Jul - Dec, 2025 Guidance 397,202 54,868 52,374 33,394 46.9 16 Aug 13, 2025 J-GAAP
YoY +18.1% +33.5% +50.6% +54.7% +57.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 570,463 54,215 50,670 35,272 48.1 16.25 Feb 9, 2024 J-GAAP
Dec, 2024 678,526 100,111 92,601 63,806 88.3 20 Feb 14, 2025 J-GAAP
Dec, 2025 Guidance 800,000 136,000 131,000 87,000 122.2 28 Aug 13, 2025 J-GAAP
YoY +17.9% +35.8% +41.5% +36.4% +38.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Apr - Jun, 2024 168,097 25,184 24,746 15,482 21.3 15.0 Aug 13, 2024 J-GAAP
Jul - Sep, 2024 183,255 32,527 30,457 22,721 31.4 17.7 Nov 8, 2024 J-GAAP
Oct - Dec, 2024 153,072 8,588 4,322 -1,134 -1.6 5.6 Feb 14, 2025 J-GAAP
Jan - Mar, 2025 208,313 44,511 43,376 31,647 44.3 21.4 May 15, 2025 J-GAAP
Apr - Jun, 2025 194,485 36,621 35,250 21,959 30.7 18.8 Aug 13, 2025 J-GAAP
YoY +15.7% +45.4% +42.4% +41.8% +44.2%

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