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ASICS

ASICS Corporation
Public
Traded as :
Industry Sportswear
Sports equipment
Founded 1949; 68 years ago (1949)
Founder Kihachiro Onitsuka
Headquarters Kobe, Japan
Area served
Worldwide
Key people
Kiyomi Wada
(Chairman)
Motoi Oyama
(President)
Products Athletic shoes
Apparel
Sports equipment
Revenue Increase¥428.4 billion (as of December, 2015)
Increase¥27.4 billion (as of December, 2015)
Increase¥10.2 billion (as of December, 2015)
Number of employees
7,264 (2015)
Subsidiaries
  • Haglöfs
  • Runkeeper
  • ASICS Europe B.V.
  • ASICS Sports Corporation
  • ASICS Tiger Corporation
  • ASICS Tiger do Brasil Ltda.
  • ASICS Tiger Oceana Pty.
Website www.asics.com

ASICS (アシックス Ashikkusu?) (stylized as asics) is a Japanese multinational corporation athletic equipment company which produces footwear and sports equipment designed for a wide range of sports, generally in the upper price range. The name is an acronym for the Latin phrase anima sana in corpore sano which translates as "a healthy soul in a healthy body". In recent years their running shoes have often been ranked among the top performance footwear in the market.

ASICS Ltd. began as Onitsuka Co., Ltd on September 1, 1949. Its founder, Kihachiro Onitsuka, began manufacturing basketball shoes in his home town of Kobe, Hyogo Prefecture, Japan. Soon after the range of sports activities widened to a variety of Olympic styles used throughout the '50s, '60s and '70s by athletes worldwide. Onitsuka became particularly renowned for the Mexico 66 design, in which the distinctive crossed stripes, now synonymous with the company brand, were featured for the first time. In 1977, Onitsuka Tiger merged with GTO and JELENK to form ASICS Corporation. Despite the name change, a vintage range of ASICS shoes are still produced and sold internationally under the Onitsuka Tiger label.

In its 2006 fiscal year, Asics generated 171 billion yen in net sales and 13 billion yen in net income. Sixty-six percent of the company's income came from the sale of sports shoes, 24% from sportswear, and 10% from sports equipment. Forty-nine percent of the company's sales were in Japan, 28% in North America, and 19% in Europe.

On July 12, 2010, ASICS bought the outdoor brand Haglöfs, for SEK1,000,000,000 ($128.7 million).

On October 4, 2011, it was announced that ASICS will be the new official kit manufacturer for the Australian Cricket Team, replacing German manufacturer Adidas.


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