The Q2FY21 sales of Japanese sports apparel and footwear producer Asics grew by 42.6 per centto ¥209.5 billion in Q2 FY21 compared to ¥146.9 billion in the same period of previous fiscal. The sales for the period were driven by Performance Running and the Onitsuka Tiger category.
The brand’s Performance Running sales increased by 54.2 per cent to ¥108.6 billion, while sales from China boosted Onitsuka Tiger’s sales 34 per cent to ¥21.0 billion. Moreover, Core Performance Sports, Sports Style, and Apparel & Equipment category sales surged ¥23.4 billion, ¥17.1 billion and ¥16.7 billion respectively.
Gross profit for Q2 FY21 was up to ¥105.4 billion, while profit improved to ¥12.3 billion against loss of ¥6.2 billion in second quarter of 2020. Operating income totalled to ¥23.9 billion.
The company’s sales in Japan in the three-month period rose by 23.0 per cent to ¥57.8 billion. Sales from North America grew by 50.6 per cent to ¥42.8 billion, whereas European region sales jumped by 55.9 per cent to ¥57.8 billion.
