Top Page
Asics
(7936)
Asics (7936) vs. iShares MSCI Japan ETF (EWJ)
Asics Business Overview & Revenue Model
Asics Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 810.92B | 678.53B | 570.46B | 484.60B | 404.13B |
| Gross Profit | 435.69B | 378.88B | 296.90B | 240.71B | 199.88B |
| EBITDA | 168.44B | 121.35B | 72.54B | 47.78B | 30.19B |
| Net Income | 98.72B | 63.81B | 35.27B | 19.89B | 9.40B |
Balance Sheet | |||||
| Total Assets | 586.48B | 518.99B | 464.12B | 425.07B | 345.77B |
| Cash, Cash Equivalents and Short-Term Investments | 112.27B | 127.02B | 114.00B | 67.38B | 96.30B |
| Total Debt | 143.56B | 117.28B | 132.12B | 139.80B | 110.47B |
| Total Liabilities | 313.12B | 284.06B | 257.32B | 252.34B | 199.24B |
| Stockholders Equity | 271.76B | 233.29B | 205.08B | 170.91B | 146.39B |
Cash Flow | |||||
| Free Cash Flow | 93.49B | 93.18B | 74.45B | -32.90B | 39.52B |
| Operating Cash Flow | 109.91B | 104.61B | 90.09B | -21.43B | 49.15B |
| Investing Cash Flow | -29.41B | -7.56B | -4.64B | -14.48B | -10.17B |
| Financing Cash Flow | -105.88B | -84.32B | -40.25B | 2.31B | -25.97B |
Asics Technical Analysis
Asics Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ¥319.96B | 17.81 | 10.61% | 1.81% | 5.29% | 16.34% | |
73 Outperform | ¥3.35T | 34.71 | 34.14% | 0.56% | 20.12% | 43.82% | |
73 Outperform | ¥731.08B | 14.52 | 4.89% | 2.59% | -0.26% | 129.15% | |
66 Neutral | ¥649.63B | 14.47 | 12.11% | 2.68% | 2.99% | 5.66% | |
63 Neutral | ¥1.44T | 43.18 | 5.92% | 1.93% | 7.64% | 22.13% | |
62 Neutral | ¥322.51B | 29.00 | 15.93% | 0.72% | 20.06% | 17.89% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
Asics Corporate Events
ASICS has approved the grant of restricted stock units under a stock compensation plan for non-resident executive officers and eligible employees, following a Board resolution that introduced the scheme in late 2025. The initial allocation covers two executive officers of the parent company and four employees at overseas subsidiaries, corresponding to a total of 29,876 shares, and is intended as compensation linked to duties performed during each fiscal year.
Under the plan, participants receive units that vest over a defined period, after which they are granted monetary compensation to be contributed in kind in exchange for common shares, provided they remain in qualifying roles throughout the vesting term. The structure includes forfeiture provisions in cases such as unjustified resignation or misconduct, as well as mechanisms to settle units in shares or cash upon justified retirement or corporate reorganizations, aligning management and key overseas staff incentives more closely with shareholder interests and long-term corporate performance.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen4308.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.
ASICS has approved the disposal of 55,413 treasury shares as transfer-restricted stock to 107 eligible employees of the parent company and subsidiary ASICS Japan Corp., with a total disposal value of about ¥224.5 million. The plan, tied to fiscal 2025 compensation, is structured to limit dilution to a negligible 0.008% of outstanding shares.
The restricted share scheme is designed to help employees build assets while aligning their incentives with long-term corporate value creation and shareholder interests. Shares are subject to a transfer-restricted period through February 2028, with forfeiture provisions on resignation, underscoring ASICS’s use of equity-based pay to retain talent and reinforce commitment across its group.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen4308.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.
ASICS reported robust results for the fiscal year ended December 31, 2025, with net sales rising 19.5% to ¥810.9 billion and operating profit jumping 42.4% to ¥142.5 billion, lifting profit attributable to owners of the parent by 54.7% to ¥98.7 billion. Profitability metrics improved markedly, including return on equity of 39.1% and an operating margin of 17.6%, while equity and total assets also increased, underscoring stronger financial health.
The company generated ¥109.9 billion in operating cash flow and ended the year with ¥112.2 billion in cash and cash equivalents, despite higher outflows from investing and financing activities. ASICS raised its annual dividend to ¥28 per share for 2025 and forecasts further growth in 2026, targeting net sales of ¥950 billion and a 20% rise in operating profit, signaling continued confidence in its growth trajectory and shareholder returns.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen4308.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.
ASICS has approved the disposal of 207,108 treasury shares as performance-linked restricted share compensation to two directors and 14 executive officers for fiscal 2025, valued at a total of ¥839.2 million. The shares, issued at ¥4,052 each and subject to transfer restrictions until resignation or retirement, represent a modest 0.028% dilution of outstanding stock, underscoring ASICS’s push to more closely align management incentives with shareholder interests and its strategic focus on sustainable growth and corporate value expansion.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen4308.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.
ASICS Corporation has completed a share repurchase program authorized under its Articles of Association, buying back 3,128,700 of its common shares on the Tokyo Stock Exchange between December 1 and December 23, 2025, for a total of ¥11.7 billion. Under the broader board-approved mandate running from November 13, 2025 to January 31, 2026, the company has cumulatively repurchased 8,072,900 shares for approximately ¥30.0 billion, a move that tightens its share float and may enhance shareholder value through improved capital efficiency and earnings per share.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen3771.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.
ASICS Corporation announced a change in its board of directors, with Jenifer Rogers being nominated as an outside director. This change, subject to approval at the 2025 Ordinary General Meeting of Shareholders, reflects ASICS’s strategic move to strengthen its leadership team with experienced professionals, potentially impacting its corporate governance and stakeholder relations.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen3771.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.
ASICS Corporation has announced the progress of its treasury share repurchase program, which was approved by the Board of Directors on November 12, 2025. As of November 30, 2025, the company has repurchased 4,944,200 shares at an aggregate price of JPY 18,256,487,700, with the repurchase conducted on the Tokyo Stock Exchange. This strategic move is part of ASICS’ efforts to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen3771.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.
ASICS Corporation has announced its acquisition of Thaidotrun Co., Ltd., a leading race registration platform in Thailand, as part of its strategic plan to expand its running ecosystem. This acquisition is expected to strengthen ASICS’ presence in high-growth markets like Thailand and enhance brand communication and product recognition, while establishing a strong presence in race registration platforms across multiple regions.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen3771.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.
ASICS Corporation has announced the acquisition of DPTK INNOVACION Y TECHNOLOGIA SL, known as Deporticket, a leading race registration platform in Spain. This strategic move is part of ASICS’s Mid-Term Plan 2026 to expand its running ecosystem and strengthen its presence in Europe, aiming to enhance brand communication and product recognition while improving services for runners.
The most recent analyst rating on (JP:7936) stock is a Hold with a Yen3771.00 price target. To see the full list of analyst forecasts on Asics stock, see the JP:7936 Stock Forecast page.