Note: This document is a translation of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

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, 2017

ASICS 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.

  1. 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

  2. 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.