Asics closes its 2014 transtion year with 9 months

By

Sarah Ahssen

Published
Feb 17, 2015

For the nine months of its financial year ended on 31 December 2014, whereas before it closed at the end of March, Asics has posted 354 billion yen in net profit.

The Japanese kit supplier, who decided to take on the calendar year as of its current financial year, closing 2014 at the end of December 2014 after 9 months, has not provided some of the comparative data for the same period last year.

In Japan, Asics' sales reached 82.4 billion yen. The Americas zone recorded 119 billion yen, up 25.8% thanks to its running shoes segment. The United States remains one of Asics' key markets.
 
In Europe, sales went up 22.9% to 105 billion yen. In Southern Asia, South-Eastern Asia, and the Pacific zone, they were up 21.8% at 8.5 billion yen. In Eastern Asian the increase was 32.5% at 31 billion yen.  

For the period, Asics also strengthened its network of stores, opening units in partnership in Manhattan, but also its own stores in Madrid, Hamburg and Rio de Janeiro.

The brand, which currently has a network of 1,100 stores around the world, will be opening its first store in France in March on Rue d’Amsterdam in Paris. An opening that, just like the development of its Indian subsidiary Asics India, is part of the group's 2015 global growth plan.

1.00 JPY = 0.00838939 USD / 0.00543713 GBP