ASICS Corporation
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.
ASICS Corporation (ASCCF) - Net Assets
Latest net assets as of September 2025: $278.48 Billion USD
Based on the latest financial reports, ASICS Corporation (ASCCF) has net assets worth $278.48 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($562.01 Billion) and total liabilities ($283.53 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $278.48 Billion |
| % of Total Assets | 49.55% |
| Annual Growth Rate | 6.97% |
| 5-Year Change | 85.34% |
| 10-Year Change | 17.54% |
| Growth Volatility | 13.59 |
ASICS Corporation - Net Assets Trend (2004–2024)
This chart illustrates how ASICS Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ASICS Corporation (2004–2024)
The table below shows the annual net assets of ASICS Corporation from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $234.94 Billion | +13.61% |
| 2023-12-31 | $206.80 Billion | +19.73% |
| 2022-12-31 | $172.73 Billion | +17.87% |
| 2021-12-31 | $146.53 Billion | +15.60% |
| 2020-12-31 | $126.76 Billion | -16.78% |
| 2019-12-31 | $152.32 Billion | -8.70% |
| 2018-12-31 | $166.83 Billion | -17.12% |
| 2017-12-31 | $201.30 Billion | +0.05% |
| 2016-12-31 | $201.21 Billion | +0.66% |
| 2015-12-31 | $199.88 Billion | -1.02% |
| 2014-12-31 | $201.94 Billion | +26.56% |
| 2013-12-31 | $159.57 Billion | +15.56% |
| 2012-12-31 | $138.08 Billion | +19.74% |
| 2011-12-31 | $115.31 Billion | +8.41% |
| 2010-12-31 | $106.37 Billion | -3.00% |
| 2009-12-31 | $109.66 Billion | +11.60% |
| 2008-12-31 | $98.26 Billion | -10.79% |
| 2007-12-31 | $110.14 Billion | +18.22% |
| 2006-12-31 | $93.17 Billion | +19.85% |
| 2005-12-31 | $77.73 Billion | +27.34% |
| 2004-12-31 | $61.04 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ASICS Corporation'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 1026.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $196.81 Billion | 84.36% |
| Common Stock | $23.97 Billion | 10.28% |
| Other Components | $12.51 Billion | 5.36% |
| Total Equity | $233.29 Billion | 100.00% |
ASICS Corporation Competitors by Market Cap
The table below lists competitors of ASICS Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Standard Bank Group Ltd PK
PINK:SGBLY
|
$14.52 Billion |
|
GAIL (India) Limited
PINK:GAILF
|
$14.55 Billion |
|
Zomato Limited
NSE:ZOMATO
|
$14.55 Billion |
|
Asahi Kaisei Corp
PINK:AHKSY
|
$14.57 Billion |
|
CK Asset Holdings Limited
PINK:CNGKY
|
$14.49 Billion |
|
Tower Semiconductor Ltd
NASDAQ:TSEM
|
$14.48 Billion |
|
CSPC Pharmaceutical Group Limited
PINK:CSPCY
|
$14.45 Billion |
|
China Northern Rare Earth Group High-Tech Co Ltd
SHG:600111
|
$14.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASICS Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 205,081,000,000 to 233,287,000,000, a change of 28,206,000,000 (13.8%).
- Net income of 63,806,000,000 contributed positively to equity growth.
- Dividend payments of 14,542,000,000 reduced retained earnings.
- Share repurchases of 35,014,000,000 reduced equity.
- Other comprehensive income decreased equity by 27,427,000,000.
- Other factors increased equity by 41,383,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $63.81 Billion | +27.35% |
| Dividends Paid | $14.54 Billion | -6.23% |
| Share Repurchases | $35.01 Billion | -15.01% |
| Other Comprehensive Income | $-27.43 Billion | -11.76% |
| Other Changes | $41.38 Billion | +17.74% |
| Total Change | $- | 13.75% |
Book Value vs Market Value Analysis
This analysis compares ASICS Corporation'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.
- The price-to-book ratio has decreased from 0.25x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $80.81 | $20.49 | x |
| 2005-12-31 | $103.55 | $20.49 | x |
| 2006-12-31 | $124.03 | $20.49 | x |
| 2007-12-31 | $137.73 | $20.49 | x |
| 2008-12-31 | $122.70 | $20.49 | x |
| 2009-12-31 | $137.80 | $20.49 | x |
| 2010-12-31 | $137.60 | $20.49 | x |
| 2011-12-31 | $149.25 | $20.49 | x |
| 2012-12-31 | $179.58 | $20.49 | x |
| 2013-12-31 | $219.08 | $20.49 | x |
| 2014-12-31 | $277.96 | $20.49 | x |
| 2015-12-31 | $274.38 | $20.49 | x |
| 2016-12-31 | $276.67 | $20.49 | x |
| 2017-12-31 | $276.36 | $20.49 | x |
| 2018-12-31 | $228.47 | $20.49 | x |
| 2019-12-31 | $210.40 | $20.49 | x |
| 2020-12-31 | $175.06 | $20.49 | x |
| 2021-12-31 | $202.40 | $20.49 | x |
| 2022-12-31 | $236.29 | $20.49 | x |
| 2023-12-31 | $279.62 | $20.49 | x |
| 2024-12-31 | $322.37 | $20.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASICS Corporation 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): 27.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.40%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 2.22x
- Recent ROE (27.35%) is above the historical average (9.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 11.99% | 4.78% | 1.20x | 2.10x | $1.16 Billion |
| 2005 | 18.43% | 8.07% | 1.22x | 1.88x | $6.32 Billion |
| 2006 | 15.47% | 7.13% | 1.26x | 1.73x | $4.91 Billion |
| 2007 | 13.14% | 5.78% | 1.22x | 1.87x | $3.13 Billion |
| 2008 | 14.74% | 5.41% | 1.38x | 1.97x | $4.21 Billion |
| 2009 | 8.35% | 3.71% | 1.21x | 1.85x | $-1.64 Billion |
| 2010 | 11.10% | 4.69% | 1.17x | 2.02x | $1.09 Billion |
| 2011 | 11.69% | 5.09% | 1.17x | 1.97x | $1.82 Billion |
| 2012 | 10.60% | 5.29% | 1.06x | 1.88x | $784.30 Million |
| 2013 | 10.17% | 4.89% | 1.04x | 2.00x | $262.30 Million |
| 2014 | 8.01% | 4.89% | 0.93x | 1.77x | $-4.00 Billion |
| 2015 | 5.16% | 2.39% | 1.25x | 1.73x | $-9.61 Billion |
| 2016 | 7.78% | 3.90% | 1.16x | 1.71x | $-4.45 Billion |
| 2017 | 6.49% | 3.24% | 1.15x | 1.74x | $-7.02 Billion |
| 2018 | -12.30% | -5.26% | 1.27x | 1.84x | $-36.85 Billion |
| 2019 | 4.66% | 1.88% | 1.20x | 2.08x | $-8.12 Billion |
| 2020 | -12.74% | -4.90% | 0.99x | 2.63x | $-28.79 Billion |
| 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 |
Industry Comparison
This section compares ASICS Corporation's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $1,144,151,517
- Average return on equity (ROE) among peers: 15.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASICS Corporation (ASCCF) | $278.48 Billion | 11.99% | 1.02x | $14.51 Billion |
| Adidas AG (ADDDF) | $6.36 Billion | 26.74% | 1.45x | $29.25 Billion |
| American Rebel Holdings Inc (AREB) | $-49.64K | 0.00% | 0.00x | $796.33K |
| American Rebel Holdings Inc. Warrants (AREBW) | $-5.01 Million | 0.00% | 0.00x | $11.15K |
| Birkenstock Holding plc (BIRK) | $2.40 Billion | 3.13% | 1.01x | $2.70 Billion |
| Boss Holdings Inc (BSHI) | $18.59 Million | 4.22% | 0.25x | $145.28K |
| Eatware Inc (CHSH) | $3.45 Million | 18.93% | 0.33x | $0.91 |
| Crocs Inc (CROX) | $817.93 Million | 66.04% | 4.50x | $3.96 Billion |
| Designer Brands Inc (DBI) | $640.76 Million | 16.80% | 0.57x | $150.86 Million |
| Deckers Outdoor Corporation (DECK) | $57.10 Million | 7.88% | 0.31x | $14.31 Billion |