ASICS raised its full-year earnings forecast and boosted its annual dividend by 6 yen after strong Q2 results.
ASICS announced its second-quarter results for the fiscal year ending December 2026, and after it raised its full-year consolidated earnings forecast and increased its annual dividend by 6 yen, the stock ended trading at 5,281 yen, up 515 yen or 10.81 percent from the previous day, setting a record high since listing. For the interim period from January to June 2026, consolidated revenue rose 32.7 percent year on year to 534.48 billion yen, operating profit rose 48.5 percent to 120.486 billion yen, ordinary profit rose 48.3 percent to 116.598 billion yen, and interim net profit rose 53.3 percent to 82.171 billion yen, achieving higher revenue and profit across all regions and all categories. The full-year forecast calls for revenue of 1.05 trillion yen, up 29.5 percent from the previous year, operating profit of 195 billion yen, up 36.8 percent, ordinary profit of 189 billion yen, up 35.7 percent, and net profit of 120 billion yen, up 21.6 percent, with earnings per share expected at 169.30 yen. The annual dividend forecast was raised from the previous 38 yen to 44 yen, comprising an interim dividend of 20 yen and an expected year-end dividend of 24 yen. Even excluding the impact of foreign exchange, interim revenue rose 22.0 percent and operating profit rose 37.7 percent, while the full-year forecast shows revenue up 22.6 percent and operating profit up 30.0 percent, demonstrating growth driven by genuine business strength rather than reliance on a weak yen.
ASICS raised its full-year earnings forecast and boosted its annual dividend by 6 yen after strong Q2 results.