ASICS stock soars after strong Q4 performance and optimistic guidance

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Investing.com – ASICS stock rose 8.5% on Friday, outperforming the Tokyo Stock Exchange Index, which fell 1.6%, thanks to the company’s strong Q4 performance and optimistic outlook for the current fiscal year.

The Japanese sportswear manufacturer reported a Q4 operating profit of 14.9 billion yen, up 74% year-over-year. Sales exceeded the company’s guidance of 10.9 billion yen, and operating profit was 2.5 billion yen higher than expected, despite mixed regional performances.

For fiscal 2026, ASICS expects sales to reach 950 billion yen, a 17.2% increase (16.7% at constant exchange rates), and operating profit of 171 billion yen, up 20% from the previous year. According to FactSet estimates, this guidance exceeds current market consensus, with sales about 5% higher and operating profit 4% higher.

The company also announced plans to increase dividend payments to 38 yen per share, up from 28 yen paid in fiscal 2025.

January sales data show continued growth, with revenue reaching 99.7 billion yen, a 25.5% increase (17.3% at constant exchange rates). Domestic duty-free sales for the month reached 4 billion yen. The company noted that although sales slowed due to fewer flights from mainland China to Japan, the underlying trend has remained relatively stable since November, excluding seasonal factors.

ASICS’ fiscal 2026 guidance is based on the following foreign exchange assumptions: 1 USD = 150 JPY, 1 EUR = 170 JPY, and 1 CNY = 21 JPY.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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