ASICS Corporation announced that it expects to record extraordinary losses for the fiscal year ending December 31, 2020 (January 1, 2020 - December 31, 2020). For the fiscal year December 31, 2020, the company expects to record approximately ¥2.3 billion as the loss on the cancellation of lease contract and the loss on the impairment of the related fixed assets. Amid the uncertainties regarding when the novel coronavirus disease (COVID-19) pandemic will end, the company will further improve the profitability of the North American business by closing this store, considering the business risk of continuing to operate the store and other factors.