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ASICS (7936) investor relations material

ASICS Q2 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q2 2026 earnings summary14 Aug, 2026

Executive summary

  • Net sales for FY26Q2 rose 32.7% year-over-year to ¥534.5 billion, with operating profit up 48.5% to ¥120.5 billion and net profit up 53.3% to ¥82.2 billion, all reaching record highs.

  • Growth was broad-based across all categories and regions, with especially strong performance in SportStyle (SPS) and Onitsuka Tiger (OT).

  • Comprehensive income surged 185% to ¥97.3 billion.

  • The full-year forecast was revised upward, projecting net sales of ¥1,050.0 billion (+29.5% YoY) and operating profit of ¥195.0 billion (+36.8% YoY).

  • All geographic regions posted double-digit sales and profit growth, with Europe and North America leading.

Financial highlights

  • Gross margin improved to 57.3% (+0.6ppt YoY), and operating margin reached 22.5% (+2.4ppt YoY).

  • SG&A expenses increased 26.1% YoY, but the SG&A to sales ratio improved by 1.8ppt to 34.8%.

  • Cash and cash equivalents increased by ¥29.2 billion to ¥141.4 billion.

  • Equity-to-asset ratio improved to 52.8% from 46.3% at year-end 2025.

  • Basic earnings per share rose to ¥115.93 from ¥75.00 year-over-year.

Outlook and guidance

  • FY26 full-year net sales forecast raised to ¥1,050.0 billion and operating profit to ¥195.0 billion, driven by continued strength in SPS and OT.

  • Profit attributable to owners of parent forecast at ¥120 billion (+21.6% YoY).

  • Interim dividend set at ¥20 per share and year-end dividend at ¥24, raising the annual dividend forecast to ¥44 per share.

  • SG&A expenses for FY26 are forecast at ¥406.3 billion, with a ratio of 38.7% to sales.

  • Currency-neutral full-year sales and operating profit expected to rise 22.6% and 30.0%, respectively.

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Frequently asked questions

ASICS Corporation is a Japanese multinational company known for its sports apparel, shoes, and equipment. The company offers a wide range of products including performance running shoes, sports apparel, and equipment under various brand names. ASICS Corporation is headquartered in Kobe, Hyogo, Japan, and its shares are listed on the Tokyo Stock Exchange.