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ASICS a Japanese multinational corporation producing footwear
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ASICS a Japanese multinational corporation producing footwear

Views:0     Author:Site Editor     Publish Time: 2020-08-27      Origin:Site

ASICS, a Japanese multinational corporation producing footwear, posted 21.5 per cent sales decrease to ¥146.89 billion (Japanese yen) in its second quarter (Q2) fiscal 2020 ended on June 30, 2020, compared to ¥187.20 billion in same period last year. Company incurred an operating loss of ¥3.87 billion compared to operating income of ¥8.58 billion in Q2 FY19.

 Gross profit slipped 20.7 per cent to ¥70.5 billion. Ordinary loss during the quarter was ¥3.87 billion. However, company’s digital sales increased worldwide with 151 per cent growth in North America and 139 per cent in Europe.


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