ASICS CORP.(UNSP.ADR)/1 (ASI) - Net Assets
Based on the latest financial reports, ASICS CORP.(UNSP.ADR)/1 (ASI) has net assets worth €273.35 Billion EUR (≈ $319.58 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€586.48 Billion ≈ $685.66 Billion USD) and total liabilities (€313.13 Billion ≈ $366.08 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check tangible equity quality of ASICS CORP.(UNSP.ADR)/1 to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €273.35 Billion |
| % of Total Assets | 46.61% |
| Annual Growth Rate | 16.87% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.24 |
ASICS CORP.(UNSP.ADR)/1 - Net Assets Trend (2021–2025)
This chart illustrates how ASICS CORP.(UNSP.ADR)/1's net assets have evolved over time, based on quarterly financial data. See ASI days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ASICS CORP.(UNSP.ADR)/1 (2021–2025)
The table below shows the annual net assets of ASICS CORP.(UNSP.ADR)/1 from 2021 to 2025. For live valuation and market cap data, see market cap of ASICS CORP.(UNSP.ADR)/1.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €273.35 Billion ≈ $319.58 Billion |
+16.35% |
| 2024-12-31 | €234.94 Billion ≈ $274.67 Billion |
+13.61% |
| 2023-12-31 | €206.80 Billion ≈ $241.77 Billion |
+19.73% |
| 2022-12-31 | €172.73 Billion ≈ $201.94 Billion |
+17.87% |
| 2021-12-31 | €146.53 Billion ≈ $171.31 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to ASICS CORP.(UNSP.ADR)/1's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 123.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €246.35 Billion | 90.65% |
| Other Components | €25.41 Billion | 9.35% |
| Total Equity | €271.76 Billion | 100.00% |
ASICS CORP.(UNSP.ADR)/1 Competitors by Market Cap
The table below lists competitors of ASICS CORP.(UNSP.ADR)/1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Shipbuilding Industry Co Ltd
SHG:601989
|
$17.02 Billion |
|
Bank Polska Kasa Opieki SA
WAR:PEO
|
$17.03 Billion |
|
China Three Gorges New Energy Group Co Ltd
SHG:600905
|
$17.03 Billion |
|
MERCK KGAA NAM.SP.ADR
F:MRKC
|
$17.07 Billion |
|
Host Hotels & Resorts Inc
NASDAQ:HST
|
$16.98 Billion |
|
Hologic Inc
NASDAQ:HOLX
|
$16.97 Billion |
|
Weyerhaeuser Company
NYSE:WY
|
$16.97 Billion |
|
CAPGEMINI UNS.ADR 1/5/EO8
F:CGMA
|
$16.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASICS CORP.(UNSP.ADR)/1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 233,287,000,000 to 271,759,000,000, a change of 38,472,000,000 (16.5%).
- Net income of 98,719,000,000 contributed positively to equity growth.
- Dividend payments of 15,734,000,000 reduced retained earnings.
- Share repurchases of 50,003,000,000 reduced equity.
- New share issuances of 7,000,000 increased equity.
- Other factors increased equity by 5,483,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €98.72 Billion | +36.33% |
| Dividends Paid | €15.73 Billion | -5.79% |
| Share Repurchases | €50.00 Billion | -18.4% |
| Share Issuances | €7.00 Million | +0.0% |
| Other Changes | €5.48 Billion | +2.02% |
| Total Change | €- | 16.49% |
Book Value vs Market Value Analysis
This analysis compares ASICS CORP.(UNSP.ADR)/1's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €199.94 | €23.80 | x |
| 2022-12-31 | €233.26 | €23.80 | x |
| 2023-12-31 | €279.80 | €23.80 | x |
| 2024-12-31 | €325.94 | €23.80 | x |
| 2025-12-31 | €383.50 | €23.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASICS CORP.(UNSP.ADR)/1 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 36.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.17%
- • Asset Turnover: 1.38x
- • Equity Multiplier: 2.16x
- Recent ROE (36.33%) is above the historical average (19.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 6.42% | 2.33% | 1.17x | 2.36x | €-5.24 Billion |
| 2022 | 11.64% | 4.10% | 1.14x | 2.49x | €2.80 Billion |
| 2023 | 17.20% | 6.18% | 1.23x | 2.26x | €14.76 Billion |
| 2024 | 27.35% | 9.40% | 1.31x | 2.22x | €40.48 Billion |
| 2025 | 36.33% | 12.17% | 1.38x | 2.16x | €71.54 Billion |
Industry Comparison
This section compares ASICS CORP.(UNSP.ADR)/1's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $3,280,546,510
- Average return on equity (ROE) among peers: -53.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASICS CORP.(UNSP.ADR)/1 (ASI) | €273.35 Billion | 6.42% | 1.15x | $17.00 Billion |
| 361 Degrees International Limited (36L) | $5.42 Billion | 7.43% | 0.94x | $1.11 Billion |
| adidas AG (ADS) | $5.35 Billion | 11.44% | 2.79x | $25.34 Billion |
| adidas AG (ADS1) | $7.84 Billion | 27.00% | 1.82x | $24.65 Billion |
| GROUNDED PEOPLE APPAREL (K1G) | $198.57K | -440.26% | 0.39x | $642.43K |
| Phillips 66 (PSX) | $672.30 Million | 9.29% | 0.21x | $84.09 Million |
| PUMA SE (PUM) | $1.15 Billion | 0.00% | 0.62x | $2.72 Billion |
| PUMA SE UNSP.ADR 1/10 (PUMA) | $2.54 Billion | 13.92% | 1.67x | $2.26 Billion |
About ASICS CORP.(UNSP.ADR)/1
ASICS Corporation manufactures and sells sporting goods in Japan and internationally. The company offers sportswear and equipment; apparel; shoes for tennis, volleyball, basketball, and soccer; and running shoes. It sells its products under the ASICS and Onitsuka Tiger brands through retail stores, as well as online. The company was incorporated in 1943 and is headquartered in Kobe, Japan.