Asics : Notice Concerning Decision on Matters relating to Acquisition of Own Shares

Note: This document is a translation of the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. The Company assumes no responsibility for this translation or for direct, indirect or any other forms of damages arising from the translation.

August 2, 2019

Name of the Company: ASICS Corporation

President and COO, Representative Director: Yasuhito Hirota Code Number: 7936 Listing Exchanges: Tokyo

Notice Concerning Decision on Matters relating to Acquisition of Own Shares (Acquisition of Own Shares Based on the Articles of Association pursuant to Article 459-1-1 of the Companies Act of Japan)

ASICS Corporation ("Company") hereby announces that, at a meeting of the Board of Directors held today, it resolved on matters relating to acquisition of own shares pursuant to provisions of Article 459-1-1 of the Companies Act of Japan and Article 43 of the Company's Articles of Association.

1. Reasons for Acquisition of the Company's Own Shares

To promote capital efficiency, the Company will flexibly repurchase its common stock while comprehensively considering factors such as its cash reserves and the price level of its common stock.

2. Details of Matters Relating to the Acquisition

(1) Type of shares to be acquired	Common stock
(2) Aggregate number of shares permitted to be acquired	Up to 9,000,000 shares
(3) Aggregate purchase price of shares	Up to JPY 10,000,000,000
(4) Acquisition period	From August 5, 2019 to December 31, 2019
[Reference]
Treasury shares held by the Company as of June 30, 2019
- Aggregate number of issued shares	188,889,574 shares
(excluding treasury shares)
- Number of treasury shares	980,985 shares