Asics : Notice Concerning Differences between Forecast and Actual Results for the 2nd Quarter Ended June 30, 2019 and Amendment to Forecast for the Fiscal Year Ending December 31, 2019

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August 2, 2019

Name of the Company: ASICS Corporation

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

Notice Concerning Differences between the Forecast of Consolidated Business Results and Actual Results for the Second Quarter Ended June 30, 2019, and Amendment to Consolidated Business Results Forecast for the Fiscal Year Ending December 31, 2019

ASICS Corporation (hereinafter, the "Company" or "we"), hereby announce differences between the forecast of consolidated business results and actual results for the second quarter ended June 30, 2019, previously announced on February 13, 2019 and amendment to the forecast of consolidated business results for the Fiscal Year Ending December 31, 2019.

1. Differences between the Forecast of Consolidated Business Results and Actual

Results for the Second Quarter Ended June 30, 2019 (January 1, 2019 - June 30, 2019)

(Amount: million yen)

Net Sales	Operating Income	Ordinary Income	Profit attributable to owners of parent	Net Income Per Share
Previous Forecast (A)	195,000	7,000	6,000	3,000	15.90 yen
Actual Results (B)	187,204	8,589	9,968	5,504	29.16 yen
Amount Changed (B-A)	(7,795)	1,589	3,968	2,504	-
Percentage of Change (%)	(4.0)	22.7	66.1	83.5	-
(Reference) Actual Results for the Second Quarter Ended June 30, 2018	192,776	8,494	6,494	3,420	18.09yen

2. Amendment to the Forecast of Consolidated Business Results for the Fiscal Year Ending December 31, 2019 (January 1, 2019 - December 31, 2019)

(Amount: million yen)

Net Sales	Operating Income	Ordinary Income	Profit attributable to owners of parent	Net Income Per Share
Previous Forecast (A)	390,000	12,000	10,000	5,000	26.50 yen
New Forecast (B)	390,000	12,000	12,500	7,500	39.71 yen
Amount Changed (B-A)	-	-	2,500	2,500	-
Percentage of Change (%)	-	-	25.0	50.0	-
(Reference) Actual Results for the Fiscal Year Ended December 31, 2018	386,662	10,515	8,763	(20,327)	(107.59)yen

3. Reasons for Differences and Amendment

• (1) Reasons for the differences between the forecast of consolidated business results and actual results for the second quarter ended June 30, 2019

  Ordinary income and profit attributable to owners of parent exceeded the previously announced forecasts due to a decline in expenses at the operating income level and the impact of foreign exchange gains.

• (2) Reasons for the amendment to the forecast of consolidated business results for the fiscal year ending December 31, 2019

  Ordinary income and profit attributable to owners of the parent are expected to exceed the previous forecasts due to the impact of foreign exchange gains and a decrease in tax expenses associated with the steady performance of subsidiaries subject to the consolidated tax payment system, which is scheduled to be adopted in the next fiscal year.

For the amendment to the projected dividends for the fiscal year ending December 31, 2019, please refer to "Notice Concerning 70th Anniversary Commemorative Dividend and the Amendment to the Projected Dividends" announced today (August 2, 2019).