Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Tokyo  >  Asics Corp    7936   JP3118000003

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

ASICS Corporation : ASICS and Dunlop Sports Form Alliance in Golf Shoes

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/18/2013 | 10:09am CEST

Contact:

ASICS Public Relations Team TEL:+81(78)-303-2255 asics.com

News Release

Kobe, Japan| April 18, 2013

ASICS and Dunlop Sports Form Alliance in Golf Shoes

ASICS Corporation (Head office: Kobe, Japan; President and CEO: Motoi Oyama) ("ASICS") and Dunlop Sports Co. Ltd. (Head office: Kobe, Japan; President: Yasushi Nojiri) ("Dunlop Sports") today announced that the companies have entered into a strategic alliance in the area of golf shoes.

1. How the alliance works
ASICS takes pride in its high technology and capability for shoes development, while Dunlop Sports has a large share and strong sales infrastructure in golf gear market. The companies will form strategic alliance in development and sales of golf shoes. Dunlop Sports will sell golf shoes under the "ASICS" brand exclusively in Japan replacing the "XXIO" and "SRIXON" brands. Yet, the companies are looking into a double branded golf shoes of
"XXIO" and "SRIXON" with "ASICS" brand respectively for the future.
For launching new models in Spring 2014, ASICS will develop and manufacture products, and Dunlop Sports will sell them leveraging its well-established distribution channels. The companies and domestic subsidiaries will collaborate in product planning, marketing and supporting contracted professional golfers.
2. Purpose of the alliance
ASICS have been re-strengthening its efforts in producing golf shoes since 2009. ASICS golf shoes produced with its advanced technology and development capability accumulated over a period of time have been highly appreciated and used regularly by top professional golfers.
Dunlop Sports is a leading manufacturer of golf gear with the largest share in golf club and
ball market in Japan*, offering its principal brands such as "XXIO", "SRIXON" and "Cleveland

Page 1/3 Anima Sana In Corpore Sano, meaning "A Sound Mind in a Sound Body," is an old Latin phrase from which ASICS is derived and the fundamental platform on which the brand still stands. The company was founded more than 60 years ago by Kihachiro Onitsuka and is now a leading designer and manufacturer of running shoes, as well as, other athletic footwear, apparel and accessories. For more information, visit www.asics.com.

The stripe design featured on the sides of ASICS® shoes is a trademark of ASICS Corporation and is a registered trademark in most countries of the world.

Contact:

ASICS Public Relations Team TEL:+81(78)-303-2255 asics.com

News Release

Golf" backed by its excellent technology.
This alliance is aimed at delivering value-added products to all the people who love golf including the customers of Dunlop Sports.
Hereafter, the companies will develop a continuous enterprise by building reliance and
cooperative relationship taking advantage of each company's expertise.
*Source: White paper on Sports Industry 2013 (Yano Research Institute Ltd.)
3. ASICS Golf Shoes
"Never get tired after a firm 18-hole walk" is the concept of ASICS Golf Shoes, which are made based on the feedback from the contracted professional golfers. The biggest feature is its unique sole with materials and functions developed in both running and walking shoes manufactured over a number of years. This unique sole improves walking economy, and better-fitting while keeping the critical stability needed in a golf swing.
In the future, ASICS will offer a wide range of products with new function and design, keeping the same concept, in response to the market needs.
4. Sales Target
JPY1 billion as early as 2016, getting in the top 3 in the Japanese golf shoes market.
5. Corporate Profile
ASICS Corporation
(1) Principal Business : Manufacture and sales of sports and leisure goods
(2) Head Office : 7-1-1, Minatojima-Nakamachi, Chuo-ku, Kobe, Hyogo 650-8555 (3) President and CEO : Motoi Oyama
(4) Paid-in Capital : JPY23,972 million (as of March 31, 2013) (5) Founded : September 1st, 1949
(6) Number of Employees : 5,937 (Consolidated) 794 (Unconsolidated)(as of March 31, 2013)

Page 2/3 Anima Sana In Corpore Sano, meaning "A Sound Mind in a Sound Body," is an old Latin phrase from which ASICS is derived and the fundamental platform on which the brand still stands. The company was founded more than 60 years ago by Kihachiro Onitsuka and is now a leading designer and manufacturer of running shoes, as well as, other athletic footwear, apparel and accessories. For more information, visit www.asics.com.

The stripe design featured on the sides of ASICS® shoes is a trademark of ASICS Corporation and is a registered trademark in most countries of the world.

Contact:

ASICS Public Relations Team TEL:+81(78)-303-2255 asics.com

News Release

Dunlop Sports Co. Ltd.
(1) Principal Business : Manufacture and sales of products for use in golf and tennis
(2) Head Office : 3-6-9 Wakinohama-cho, Chuo-ku, Kobe, Hyogo 651-0072 (3) President : Yasushi Nojiri
(4) Paid-in Capital : JPY9,207.5 million (as of December 31, 2012) (5) Founded : July 1st, 2003
(6)Number of Employees : 1,731 (Consolidated) 362(Unconsolidated) (as of December 31,
2012)

Page 3/3 Anima Sana In Corpore Sano, meaning "A Sound Mind in a Sound Body," is an old Latin phrase from which ASICS is derived and the fundamental platform on which the brand still stands. The company was founded more than 60 years ago by Kihachiro Onitsuka and is now a leading designer and manufacturer of running shoes, as well as, other athletic footwear, apparel and accessories. For more information, visit www.asics.com.

The stripe design featured on the sides of ASICS® shoes is a trademark of ASICS Corporation and is a registered trademark in most countries of the world.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ASICS CORP
05/24 ASICS : Publishes 2016 Sustainability Report Annual update tracking progress tow..
05/22 ASICS : Rebirth of a Brand, Revival of a Sports Lifestyle ASICS Tiger Celebrates..
05/12 ASICS : Tiger Concept Store Opens in Garosugil, Sinsa-dong Seoul, Onitsuka Tiger..
04/26 ASICS : Notice Concerning Allotment of Share Remuneration-Type Share Options to ..
04/21 GARMATEX : Develops Exclusive Formulated Performance Fabric for ASICS Corporatio..
04/07 ASICS : Onitsuka Tiger Launches Premiere US Pop-Up Store and Gallery in SOHO NY
03/30 ASICS : CEO Motoi Oyama Assumes Additional Role as Chairman of the Board; Execut..
03/01 ASICS : Notice of the 63rd Ordinary General Meeting of Shareholders
02/25 ASICS : TAKES FAST TO ANOTHER LEVEL With launch of FlyteFoam™ Fast Series ..
02/20 ASICS : Announcement Concerning Revision of Policy toward Large-Scale Purchase o..
More news
Sector news : Sporting & Outdoor Goods
2016DJPOLARIS INDUSTRIES : to Buy Transamerican
2016 Hanjin says U.S.-bound ship is being held 'hostage'
2016 Sony's sensor business slows even as cost cuts lift profit
2016 POLARIS : to recall 133,000 recreational all-terrain vehicles
2016DJHarley Profits Hurt by Sluggish Demand, Dealer Discounts
More sector news : Sporting & Outdoor Goods
News from SeekingAlpha
03/17 Adidas sues Asics over fitness tracking patents
2016 Sports Authority confirms bankruptcy
2015 Strong demand for retro athletic shoes
2015 SPORTS FOOTWEAR : Nike sits dominant while Skechers climbs the ladder
Advertisement
Financials ( JPY)
Sales 2017 413 977 M
EBIT 2017 -
Net income 2017 14 772 M
Finance 2017 21 545 M
Yield 2017 1,28%
P/E ratio 2017 24,07
P/E ratio 2018 20,00
EV / Sales 2017 0,86x
EV / Sales 2018 0,80x
Capitalization 375 530 M
More Financials
Chart ASICS CORP
Duration : Period :
Asics Corp Technical Analysis Chart | 7936 | JP3118000003 | 4-Traders
Full-screen chart
Technical analysis trends ASICS CORP
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Average target price 2 014  JPY
Spread / Average Target 7,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Motoi Oyama Chairman, President & Chief Executive Officer
Katsumi Kato Director & Senior Manager-Global Sales
Isao Kato Director, Head-Corporate Planning & IR Contact
Katsuro Tanaka Independent Director
Kenji Kajiwara Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ASICS CORP-19.57%3 371
AMER SPORTS OYJ-17.64%2 762
TECHNOGYM SPA56.81%1 571
ACUSHNET HOLDINGS CORP-3.91%1 389
CALLAWAY GOLF CO16.15%1 205
YONEX CO LTD-25.60%849
More Results