Earnings Alerts

ASICS Corp (7936) Earnings Surpass Estimates with Robust FY Operating Income Forecast

By February 14, 2025 No Comments
  • Asics forecasts a full-year operating income of 120 billion yen, surpassing the estimated 116.93 billion yen.
  • The company expects net sales to reach 780 billion yen.
  • Projected net income is 78 billion yen, slightly above the estimate of 77.77 billion yen.
  • The anticipated dividend is set at 26 yen, which is lower than the estimated 36.95 yen.
  • In the fourth quarter, net sales increased by 25% year-on-year to 153.07 billion yen, just below the estimate of 153.56 billion yen.
  • Fourth-quarter operating income stood at 8.59 billion yen, a significant improvement from a loss of 1.59 billion yen in the previous year, though below the estimated 9.46 billion yen.
  • The company reported a net loss of 1.13 billion yen for the quarter, marking a 77% year-on-year reduction, compared to an estimated loss of 542 million yen.
  • Analyst recommendations include 9 buys, 2 holds, and 1 sell.

ASICS Corp on Smartkarma

ASICS Corp has garnered positive attention from top independent analyst Mark Chadwick on Smartkarma. In one report titled “Upgraded Targets on Fashion Pivot,” Chadwick highlights ASICS’ strong brand revival, profit growth, and ambitious 2026 plan capitalizing on high-growth lifestyle categories. However, the shift towards fashion and luxury markets introduces execution risks, with the stock price possibly already reflecting much of the good news. The upgraded targets are commendable, but caution is advised due to the potential pricing in of positive developments.

In another report by Chadwick titled “Delivers Strong Q3 Performance Amid Challenging Conditions,” ASICS is lauded for reporting strong 3Q24 earnings, surpassing operating profit targets, and raising full-year guidance. Strong performances in core running and Sportstyle sneakers have been key drivers. Despite already exceeding the MTP target for 2026 operating profit, ASICS continues to impress with robust growth strategies, revised guidance, and a focus on high-margin models to sustain future growth. The company’s resilience and consistent delivery in challenging conditions bode well for its strategic direction and financial performance.


A look at ASICS Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

ASICS Corp, a manufacturer of general sporting goods and equipment, sees a positive long-term outlook based on its Smartkarma Smart Scores. With a high growth score of 5, the company is positioned for strong future expansion. This is complemented by a solid momentum score of 4, indicating a positive trend in the company’s performance over time. Additionally, ASICS Corp scores well in resilience, with a score of 3, showcasing its ability to withstand challenges and navigate market uncertainties.

While the company scores lower in value and dividend factors with scores of 2 each, the overall outlook remains optimistic. ASICS Corp‘s products, including athletic shoes and sportswear, are distributed across key regions like the United States, Europe, Australia, and Asia, providing a broad market reach for its offerings.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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