ASICS Corporation revised consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company expects revised net sales of JPY 680,000 million, operating profit of JPY 100,000 million, profit attributable to owners of parent of JPY 63,000 million and basic earnings per share of JPY 86.93 compared to previously expected net sales of JPY 660,000 million, operating profit of JPY 95,000 million, profit attributable to owners of parent of JPY 58,000 million and basic earnings per share of JPY 79.80. Reasons for the revision of the consolidated business results forecast: Net sales are expected to reach a record high.
By category, Performance Running, SportStyle, and Onitsuka Tiger, and by region, Japan, North America, Europe are expected to show steady growth. Operating income, ordinary income, and profit attributable to owners of parent are also expected to exceed the previous forecast and reach record highs respectively supported by the sales growth above and improvement in gross margin.
