An Expansion in the Business Yields Respectable Revenue and Income
ASICS is a manufacturer rooted on our pure desire to "offer products with high performance and quality". Using its brand image that has been built up over the years, the company is aggressively approaching the running-related markets and kids' markets.
These moves will allow us to maintain a superior performance year after year.
Redouble efforts for business reinforcement
Overview of consolidated results for FY2006
The sporting goods industry was robust on the whole,backed by keener interest in sports and sporting activities because of greater health consciousness.
Under these conditions, the ASICS Group introduced its
top-end GEL-KINSEI model of running shoes and other highperformance
running shoes in markets worldwide and
worked to increase its lineup of products geared toward
women in order to further strengthen and expand its running
shoes business. The Company opened ASICS STORE TOKYO,
a directly managed store in Tokyo's Ginza district, which educates
consumers on ways to enjoy new lifestyles centered on
running and related physical activities and creates opportunities
for customers to enjoy new experiences new enhance
meaning in their lives.
As part of its marketing activities, ASICS was an official
sponsor of the ING New York City Marathon, Tokyo Marathon
2007, the Gold Coast Airport Marathon, the Olympus
Hamburg Marathon, and other leading international
marathon events. The Company worked to further build
name recognition of the ASICS brand by providing information
and services to participants in these marathons, furnishing
charity services, and other means.
In the Onitsuka Tiger and sports lifestyle businesses, the
Company opened directly managed stores in Europe and
Japan and make concerted efforts to expand operations in
the apparel business.
In Japan, ASICS expanded its lineup of kids shoes based on
its research into the particular ways that children move their
feet and their skeletal frames when walking and running. The
Company opened ASICS KIDSCUBE, a directly managed store
that sells goods ranging from children's shoes to attire, and it
took important steps to increase sales.