Asics’ Sales Increase on Performance in North America and Europe

Net income for the quarter was 24.5 million yen ($224,000 at current exchange), or 122.19 yen ($1.12) per diluted share. During the second quarter of 2013, Asics’ net income was 7.9 million yen, or 41.79 yen per share.
Sales for the quarter were stronger at 265.1 million yen, which was a significant increase over the prior year’s quarterly sales of 153.7 million yen.
The Tokyo-based firm was particularly strong in North America and Europe, with higher sales in those regions compared to other markets. While Asics’ overseas footwear orders dipped slightly, the company said that it was still seeing consistent sales with its running on Onitsuka Tiger styles.
Asics also opened 46 new stores globally in the quarter.

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