Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. ASICS Corporation
  6. News
  7. Summary
    7936   JP3118000003

ASICS CORPORATION

(7936)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

ASICS : VENTURES INVESTS IN MUSCULOSKELETAL DISORDER PREVENTATIVE MEDICINE STARTUP, JAPAN HEALTHCARE

07/26/2021 | 01:08am EDT

ASICS Corporation (Headquarters: Kobe, Japan; President & COO Yasuhito Hirota) is pleased to announce that its investment subsidiary ASICS Ventures Corporaiton (Headquarters: Kobe, Japan; President Hiroaki Kageyama) has invested in healthcare startup, Japan HealthCare Co., Ltd. (Headquarters: Koto-ku, Tokyo, Representative Director and Medical Doctor, Daichi Okabe). Japan HealthCare aims to develop preventative systems for musculoskeletal disorders such as knee and low back pain.

With the mission of 'building an ideal society where anyone can walk well for life', Japan HealthCare was founded in June 2017 by Daichi Okabe who is one of the few podiatrists in Japan. As a Japanese startup, Japan HealthCare's main business is developing and selling custom-made insoles ('HOCOH') created through photos of feet taken by smartphone.
HOCOH supports wearers with foot and hip pain because it stabilizes the entire body from the foot and alleviates the burden on the wearer's whole physique. Japan HealthCare won the Grand Prize in the ASICS Accelerator Program, which was held from October 2020 through February 2021.


Japan HealthCare won the Grand Prize in the ASICS Accelerator Program,February 22, 2021Left:ASICS President & COO Yasuhito Hirota

Right:Japan HealthCare Representative Director & Medical Doctor Daichi Okabe

One of the strategic objectives in ASICS' Mid-Term Plan 2023 is 'Realization of a sustainable society integrating business activities'. ASICS aims to enable a healthy and fulfilled mind and body for people all over the world and provide them with a sustainable environment where they can play sports.

The investment in Japan HealthCare is in line with such ASICS' strategy, and ASICS and Japan HealthCare will further accelerate their collaboration to realize a society where anyone can walk well for life and will start working together on demonstration trials by conducting foot checkups※ targeting elementary and junior high school students. We intend to spread a culture of caring for feet during childhood through foot checkups and create products and services to support children's foot and future health.

ASICS is fully committed to continue developing and providing value-added products and services to our customers via partnership with innovative startups.

※Foot checkup is a checkup of foot where the photo of feet, which is taken by a smartphone, is analyzed by podiatrists and podiatry specialist physical therapists. For those who require special foot care as the results of the foot checkup, they will provide with recommendation regarding proper shoes, insoles or foot development programs that educate foot health to children and students.


Name : Japan HealthCare Co., Ltd.
Headquarters : 1-6-15 Koto-ku, Tokyo, JAPAN
Representative : Representative Director & Medical Doctor Daichi Okabe
Business : Developing and selling of custom-made insole called HOCOH
URL : https://jp-hc.com/

Name : ASICS Ventures Corporation
Headquarters : 7-1-1 Minatojima-Nakamachi, Chuo-ku, Kobe, JAPAN
Representative : President & Representative Director Hiroaki Kageyama
Business : Investing in startup companies, promoting business development
URL : https://corp.asics.com/en/ventures/

Disclaimer

Asics Corporation published this content on 26 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2021 05:07:04 UTC.


ę Publicnow 2021
All news about ASICS CORPORATION
09/16DUN & BRADSTREET : CNIPA Released First Batch Of IP Rights Administrative Enforcement
AQ
09/15Japanese shares slip as investors take breather after recent rally
RE
09/10ASICS : MOVE YOUR MIND WITH THE NEW ASICS GT-2000™ 10, DELIVERING HIGH LEVEL COMFORT..
PU
09/06ASICS : Ventures invests in deportare technologies which develops fitness trainer speciali..
PU
08/20ASICS : PEACE AND VICTORY AT THE HEART OF THE “JAPANESE TRADITIONAL ART” INSPI..
PU
08/16Asics Swings Back to Profit in H1
MT
08/13ASICS : Notice Concerning the Revision of the Consolidated Business Results Forecast for t..
PU
08/13ASICS Corporation Provides Dividend Guidance for the Year End of Fiscal Year Ending Dec..
CI
08/13ASICS Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending Dec..
CI
08/13ASICS Corporation Announces Dividend for the End of Second Quarter of Fiscal Year Endin..
CI
More news
Analyst Recommendations on ASICS CORPORATION
More recommendations
Financials
Sales 2021 389 B 3 520 M 3 520 M
Net income 2021 4 963 M 44,9 M 44,9 M
Net cash 2021 9 304 M 84,2 M 84,2 M
P/E ratio 2021 98,4x
Yield 2021 0,90%
Capitalization 489 B 4 434 M 4 424 M
EV / Sales 2021 1,23x
EV / Sales 2022 1,18x
Nbr of Employees 8 904
Free-Float 92,2%
Chart ASICS CORPORATION
Duration : Period :
ASICS Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ASICS CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Last Close Price 2 669,00 JPY
Average target price 2 920,00 JPY
Spread / Average Target 9,40%
EPS Revisions
Managers and Directors
Motoi Oyama Chairman & Chief Executive Officer
Yasuhito Hirota President, COO & Representative Director
Koji Hayashi Senior Manager-Finance & Accounting
Hitoshi Kashiwaki Independent Outside Director
Kazuo Sumi Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
ASICS CORPORATION34.80%4 434
PELOTON INTERACTIVE, INC.-37.79%28 412
CALLAWAY GOLF COMPANY27.20%5 773
ACUSHNET HOLDINGS CORP.24.79%3 669
MIPS AB (PUBL)81.36%2 825
FENIX OUTDOOR INTERNATIONAL AG49.32%2 362