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Asics ( (JP:7936) ) has issued an update.
ASICS Corporation has announced the formation of the ASICS Foundation, a General Incorporated Foundation, to further its mission of promoting mental and physical health through sports. The company plans to support the Foundation’s activities by disposing of treasury shares, aiming to provide grants to organizations that assist young people, individuals with disabilities, women, and others facing social or economic challenges. This strategic move is expected to enhance ASICS’s corporate value by fostering a society where more individuals can engage in sports, aligning with the company’s VISION2030.
More about Asics
ASICS Corporation operates in the sportswear and athletic gear industry, focusing on the production and sale of footwear, apparel, and accessories aimed at promoting healthy lifestyles through sports. The company is dedicated to supporting mental and physical well-being, aligning its operations with the corporate philosophy ‘Anima Sana In Corpore Sano,’ meaning a sound mind in a sound body.
YTD Price Performance: 4.32%
Average Trading Volume: 924
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.89B
Learn more about 7936 stock on TipRanks’ Stock Analysis page.
