Sales of Japanese sports apparel and footwear maker Asics in Q1 FY21 increased by 24.8 per cent sales to ¥106.5 billion (Japanese yen) compared to ¥85.3 billion in the corresponding quarter of previous fiscal. The company’s profit for the quarter increased to ¥10.5 billion. Its gross profit during the quarter increased to ¥53.2 billion while selling, general and administrative expenses declined to ¥38.6 billion (¥41.0 billion).
Sales in the performance running category grew by 43.5 per cent to ¥54.4 billion while sales of core performance sports grew by 18.3 per cent to ¥13.5 billion. Moreover, sports style cateogory's sales during Q1 FY21 increased by 20.2 per cent to ¥8.8 billion and apparel and equipment sales increased by 2.4 per cent to ¥8.7 billion (¥8.5 billion).
Sales across all regions improved except South East and South Asia. Its sales in Japan increased to ¥30.5 billion, North America sales increased to ¥18.8 billion while sales in Europe rose to ¥31.1 billion.












