Name of the Company: ASICS Corporation
August 4, 2017
Chairman, President and CEO, Representative Director: Motoi Oyama Code Number: 7936 Listing Exchanges: Tokyo
Notice Concerning the Differences in the Forecast of Consolidated Business Results for the Second Quarter Ended June 30, 2017ASICS Corporation (hereinafter, the "Company" or "we"), hereby announce details regarding the differences in the forecast of consolidated business results for the Second Quarter Ended June 30, 2017, previously announced on February 13, 2017.
-
The Differences in the Forecast of Consolidated Business Results for the Second Quarter Ended June 30, 2016 (January 1, 2017 - June 30, 2017)
(Amount: million yen)
Net Sales
Operating Income
Ordinary Income
Profit attributable to owners of parent
Net Income Per Share
Previous Forecast (A)
210,000
14,000
13,500
9,000
47.41yen
Actual Results (B)
203,735
16,075
18,069
11,687
61.57yen
Amount Changed (B-A)
(6,264)
2,075
4,569
2,687
-
Percentage of Change (%)
(3.0)
14.8
33.8
29.9
-
(Reference) Actual Results for the Second Quarter Ended
June 30, 2016
210,681
19,392
17,201
11,849
62.43yen
- Reasons for the Differences in Forecast of Consolidated Business Results for the Second Quarter Ended June 30, 2017
Consolidated net sales was slightly below the previously announced forecast mainly due to weak sales in the American and European regions, although sales exceeded the forecast in the Oceania/Southeast and South Asian regions as well as the subsidiary in China.
Operating income was above the previously announced forecast mainly due to an improved cost of sales ratio and expenses being pushed to the second half of the fiscal year. Ordinary income and profit attributable to owners of parent were above the previously announced forecast mainly due to foreign exchange gains recorded.
In addition, regarding the forecast for the full year, there is no change in forecast for consolidated business results announced on February 13, 2017.
Asics Corporation published this content on 04 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 August 2017 06:48:06 UTC.
Public permalinkhttp://www.publicnow.com/view/772F8517F03F97699DD17A895BD605ECFF370246