Asics announced on the 14th that it has revised upward its consolidated net profit forecast for the fiscal year ending December 2026, from the previous 110 billion yen to 120 billion yen, an increase of 21.6 percent year on year. In the second half, Onitsuka Tiger is expected to remain strong mainly in Japan, while SportStyle is also expected to perform well mainly in Europe. The company revised its assumed exchange rates to reflect the current environment, which lifted earnings, and revenue is expected to reach a record high of 1.05 trillion yen. The annual dividend forecast was also raised from 38 yen per share to 44 yen, compared with 28 yen in the previous year.
Asics CorporationRaises net profit and dividend forecasts on strong Onitsuka Tiger performance.
