Asics: a turnover of €3bn (+22.9%) and operating profit of €165m in 2021

Asics has posted a turnover of JPY 404bn (€3.05bn as of 31/12/2021) for the 2021 financial year up 22.9% versus the previous year, according to the Japanese equipment manufacturer on 10/02/2022. In particular, global sales in the running category rose by 31% to JPY 208bn (€1.57bn).

Asics posted an operating profit of JPY 21.94bn (€165m) in 2021, compared with an operating loss of JPY 3.95bn (€30m) in 2020. The equipment manufacturer posted a net profit of JPY 9.4bn (€71m) in 2021, versus a loss of JPY 16bn during the previous financial year.

"Asics EMEA reported a consolidated net revenue increase of 13.7% in 2021, increasing operating income by 121.8% to €83.1m versus 2020," said the group.

• "Asics reaffirmed its position as Europe's number one brand in Running and Tennis footwear in 2021 according to the NPD Group. Asics increased its market share in footwear in the 'Made For and Used For' Running category above €90 to 33% in EU5 (UK, France, Germany, Italy and Spain)," explained the group on 10/02/2022.
• "Together as one team, we delivered strong results in 2021. Despite…