Slide 1: 2025年12月期 第1四半期 決算説明資料
202521 2AMA 3 1 ERR SReRHORE A aSICS sound mind, sound body RUSHPYYI72 20254515 =. ru 25 pag ot ope OneASICSSA ABR ASICSP 7 ASICS? FU X—)LBCE (iPhone) (Android)
Slide 2: Contents
1. RARTYKRObE YD BBR BRBRERR (AFIT —Hl) RRS MA (Heatal) MBAR IRB hKEYIA oa fF WN Appendix
Slide 3: INDEX
INDEX 1. REKTYVEROKEYF
Slide 4: Consolidated results summary
REINAF gsera 7th (Bet = BF) 221 AER FY24Q1 Aa te aa RR: (1-35) Ri i Fa sae aetna ES 6.1% 6.4% Bias 33 37 hae 48 52 EOHER 233 277 SR Ala ee Hla baa BAKERS S PUSS BAMA 2 3 dG 418.4% (©2026 ASICS Corporation. Aight Reserved sand sandy FY24Q1 | FY25Q1 , . ‘<a ‘<a SRR SE WAL 1,401 1,681 +280 | +20.0% yi
Slide 5: Q1 2025 highlights
9202541 2A 1 ER RR Y AO PAKS © Sth: SAF AV —THEMR, DYE THO2, OOO ABA. HUAEOARNESO, BHMNASSOOYMANRS BERS. sobs : 2,083(8F (MIRAI: +19.7%, MERA < 1 +19.5%) WAFZS35 : 55.8% (BU IRIRALE : +1.3ppt) ESeAlas : 445787 (BEIIBALE : +31.6%) / BSEFRER : 21.4% (BIAETRIBALE : +2.Oppt) POR MFN AE ¢ 316f8F] (AIIRIB
Slide 6: Q1 2025 topics
20254 12588 1 KH RMT Yh ASKS QD HSE : Shc ds THUR, ICP UY IAV NY, BM, PRB. RE PLT CARRE. BRAS Cer YY JAY VINNY, UKCKE < AR PIYIAD 2 KY | BRE E28.5% BIBLE +6.7ppt ALVAIAH-OLYNIY Se AIT EO AERO RC, REAPER HO BRAK BICR Gohis : BFRBALL+33.0%) AYNIY RE BISI ACR, TM MMOZ6RADS+5518F (+49150%) OAM AGK : BSE
Slide 7: Full-year forecast progress
20254 12h weer PASS + 2025%12A 88 1 O+HISSAT IY —, Shit CMRRAICIEW. + KERBHRRORBSLOTLT KAA OMMST. FMRASOMAOTBE RATS. + (AL, ETOMMGRMESRL, BHRBLELVURY PMCS. os FY24 FY25 ; (28%) (at 12) af ata WHE aulSE Boe RU Ph WB mn % + mi 6,785 A808 +15.0% +17.0% 2024461259 ¥89 | C#) 10.03 10.03 20.074 20251288}
Slide 8: METASPEED and athlete topics
Bc7ovxr7h M7OIIkb Aasics sound min, sound body + FIVER CHSAA CHES NSRR2025H RE LR FRASI Alt, METASPEED™ TOKYO Series€7A 25H. ELBBYA-ZACBWCPH YY IAL ERB OMETASPEED™ RAY@8A 120 ic #55 + BUFREBALEhYSPAY—hO SS, MIOYT LADMVHBMAESNTWS | METASPEED™ RAY ky 7PAU—hKOMM YY, MATRYX” @METASPEED™ RAY ce "4 : BCME
Slide 9: Marathon results and METASPEED
BtBvovvxsonn Aasics soundind sound body + BEMRENKEBEY IY YASCTOY IP BACHE + METASPEED™Y Y—ZBHOPAU—bhD, RA CH MBTE ICR 2022 YxP 20258 YxrP BS Womens = = 3A2H ini x Ss: ny + Fh jl 3 ee gavsyy 315 41>. as Lay a. SMA : 37,7912 381 20L Vincent Kipkemoi #F Winfridah Moraait= (Ga vevh -¥77TET) (94 YIU-¥ +
Slide 10: ASICS Foundation
i —#24KA ASICS Foundation #32 asics + 3A28HICMRSNCH7 I DERRERSICHWT72.3%OR RE THRE, 4A AIR = ge mRUTAYb Ey —fig 4 1k AASICS Foundation ARQAIc. ASICS FoundationDi--1 “Y b BARE Pree A PRE = SAT A2B42 AMMREIL =A A ASICS Foundation &*" tase ox RR PEM (RUST y 7 2B ATOR) Es. a | ad + FOAINILT, HRW AEA RRR
Slide 11: OneASICS membership
Pry ovickss sis 10 + ECs Le tUOneASICSS AMS ¢ S ICIBIC RR + KRERAICECPSNSSERAL, FYF-COPYF HAY h SIE L. RMS AH EC bm OH 2023Q1 | 2024Q1 asics sound min, sound body KABCHRCLEFYIF-KRORR * 3HORRV IY VicBWT, ECle OSS Ol) 2401 vs 2601 $ ESR TRASEBL, DYbIT = 4, TES CRS. BARRE?’ NL IL ER ECR LE 2221875 2921
Slide 12: US running market share
| Bact steel id 1 RRMA A HOSAKA SSA C7 OEE Oasics REBUY 7 LT KAA LASSIE S2025F OR MP BSRA TOOBAZRAL BID+MSKES SH THACHO, 20255: RHOSBRAP REE FY=YTSMEY TPNo. cls TSC Ew FO-NIVCHHBOTEY RAI OWT. ABA TEKECEHET ‘sound ming, sound body Ber la/SRUNBICK SABLE m Fr 7.2 FY24 (#8) FY25 (stil) = AB © Oth AKCTOF
Slide 13: INDEX
12 INDEX 2. mR (©2025 ASICS Corporation, Aight Reserved
Slide 14: Q1 2025 results overview
asics 820254120 #1 Oe me as we Lie 2,O83(RF] (Herm 1.7418) Ree : {340i 19.5% QC BERS. SATFIV-TMREMG, AERIALE+ 19.7%. NIA-VYAIVYIVTl&. BAIMME MBI 7 ADA LISS, PYYDIALPINY, RIN, RE BP YY CABAR. AM-YAY 4 Mlk, Sibi CAWBIN, lC. AK CH 21 PRE CH SOB CPR, ALVA A Hk SMM CAI. Ble. TU NIY RBEOWWAA TCH 2 SBOMM,
Slide 15: Consolidated results
REINAF | BRRANT IT (367 : (39) 1 ea FY24Q1 FY25Q1 Ree lB LL i (1-38) Zi Ri age KES Ree 6.1% 6.4% +0.3ppt Re 33 37 a ates semi 48 52 9c oo conn 7 11895. ee Flas 338 or DO HAA Z dG 418.4% 4 (©2025 ASS CoporatonAlRighs Reseed. sand sandy FY24Q1 | FY25Q1 , . ‘<a ‘<a SRR SE WAL 1,401 1,681 +280 | +20.0%
Slide 16: Operating profit change analysis
PReAORR asics + RAMBLE, EAPC TOMER RY LEC CI EO,. BLARERIS1 .2pptsF. + BURRIS. BR (431K) SPRL T1OSAOMM, MBBEIO.7pptk FO34.4%. REMMOLBAIOI1 yh YT? (1887) BEOMBABRA OBI KSAH. PRUNBZRU. SPS, OTOLSS ERR. RURLEHAZL OM. (3Afiz : FQ) 748 A30 718 (35.6%) (A34) (34.4%) +108 ( ae ' (+105) 610 FBS RS * (35.1%)
Slide 17: INDEX
16 INDEX 3. BRERA (ATAU —Al)
Slide 18: Results by category
alt Parsee le + PRUNE BADGER EIC7z—AALIOM Hic. PUYIAY PNY, Ri, RE BP YP CAM. + SPSidStbit CAB. IC. Ib. RIN, PRB TOPRMSHORLESSI, + OTH AHIR CAHIR. Hic. TUNITY AE REORWUAA CH 2 FBOMM. 980 FY24Q1 Ml FY25Q1 878 LI (0D: EFA) +8348 +102 4117 16 +103 351 248 254 +10 ona 283 180 [| 7 — Oo [| P.RUN cps APEQ
Slide 19: Net sales by category
Beez (957 y—A) PAI. + P.RUN, SPS, OTOXAHEMICMA. ECB MMMEMmlIc 7 4*-AAFSCETAFAY —FBISAS < HR. Ble, SPS, OTTIE5O%BOAMIBE. + FicicMmaz, EICDTCHEOMLEASL. AFAV—ABEE, kESTOATFIV—TRIE. (847 : #3) EER : SEE ‘Nese FER : SSE +39 +4] +60.0% Ad som +973 OT Others 732 D4.9% PS 413.9% CPS APEQ 338 AFAY WSR PRUN F
Slide 20: Category results summary
gar v-aS-8 AFAV—Fl#ls, PRUN, SPS, OTOAMBMcMA,. EICSAMMEMmle 7 +-AAFSCe Cisse. TLS RF + 19.5% SRST, AFTAV—HAAb, AAhKA-F+—KIOT, wIFRI+8.6%e 7 LISMEO RAN. P.RUN CPS APEQ SPS OT Others Total She 980 254 103 351 283 112 2,083 70 (+102) (+6) (+10) (+117) (+103) (+4) (+342) = 261 60 16 111 103 ATA Alt (+32
Slide 21: Performance Running (P.RUN)
asics ° —gVy7Ssy-VA GEL-NIMBUS 27 | NIA-VYRADY=YZT (P.RUN) fiteneaseht © EAL EFF BLAST PLUS ECO®HRAIL. Senne cetey (8847 : (FS) BNET y Ya ViEE RR. ES CEO LCHML THB DO pase HER : ESERBOIY= YTV a—% m1GE pyaar Fy2501 aaliuaiena oo OBER OFA EE mht Yk AppendixicP.RUNO7IL3-4 Fy EB al + BS 878 980 +102 411
Slide 22: Core Performance Sports (CPS)
§arn74-Vvy22nk—- (CPs) asics sound min, sound body SOLUTION SPEED FF 3 (4—JLI—h) A-ILA-hOFIAFL—-V—-Mid eRe, AE REBRUCBRY 1 —Z. Ceti 18) 1 AEE 1-3) FY24Q1 FY26QT gene RT YA bal + B *248 254 +6 +2.5% + LBs, AZAZ—-IBROM CX) BEMBIK BOO, FLAPI-FVIBEDM 5/Ligm — BEUETRC 255 +7 42.8% YASS, ARASMBO WIE, BAM
Slide 23: Apparel & Equipment (APEQ)
Bry. r94y7xXyYb (APEQ) asics sound min, sound body METASPEED Apparel (AW25) FIV FY V35kmbbsRECOLFIY—v-EYVIE, (Beir: Fa) DLAYYAETOMRERALTS, hy FIYF—OKLOO aay Fy2aa1 FY25a1 WS RBH . PRLML batted belied Rf Yb KAppendixicP.RUND JILS4 Vt y FeBR x + B® 93 +10 +10.9% + hBld DYIYIPNLIDDEASRNDSS|L. ATFIV—-SH
Slide 24: SportStyle (SPS)
GEL- DS TRAINER 14 asics 2000FREKOTYT VBRERO AN, OBIE soundinies sound body LES RAAT. ANE? y N-EBNED Yy Ban—y29-71 (SPs) Hi: fF) ane a) me ev2ao1 Feronen ae Yay TERE 2 KEBWET ID. al al MAppendixicSPSO 7 IL5-4 YF y TEBE bal + a 234 351 +117 +49.6% + gebisld. VINTAGE TECHA'S| & tied S58 = HER. MODERN4
Slide 25: Onitsuka Tiger (OT)
asics | A=VYAIAA— (OT) MEXICO 66 TGRS sedis sander MATHLWIILLY KE, TIT-AYKO (B40: 8) - an sy ope (bigs he 1 ee FY2401 [EYESGM HIE RIRBLE ALVYDIAH-AKIT TPRBMONLIZR—NA (1-3) aoe RT Yh x + % ~=©180 283 +103. +57.2% + EB. TUNITY Rober ACA, BN, PHBE CHAIR, * SDA DP YY AyI41-INOSMP, ANT Y + NILCOF COMME E
Slide 26: INDEX
25 INDEX 4. SiS is (heteial)
Slide 27: Results by region
| era a} PAsICS PYIIAIR Nib, AR—YRAI A IVOBR (445.4%) . TYNIY EDSEFAROTOREE £ +33.0%OME. + BRINKS, PRUNOSAGRR SHIT, AR-YAYT ILOIMM (448.5%) ASL. +21. 3%C MRE. + PBs, O-AD/LBRERA Sms SS HICH L, +19. 5%C AMGEN SE i, + RR BP7YP7 is, PRUNOIBM (442.4%) DBSIL, +31. 7%CKIME. FY24Q1 MB FY25Q1 (Sf : #5) SETU
Slide 28: Americas results
ssc ese arn (stistEI) asics 6 PYYIAP eH Nyild, OTHBICHSDTCHEOM bie k OMNES, SSICRAMEORT SH O BR AMBHZ8.5 0c ANIC, + PRBS, DICHEOM bic dk SHNEEOMNBSEHO. SAMAR WERANMRE (23.4%) THB. + RAMP UPd, PLMREGRICSRUMREAS < HR. SAMMK24.49C5| Ss WAM. (#8 : #37) BE: SBR (22 +10 A3 +8 A2 +8 FER: HSE 03 420.5% +17.
Slide 29: Europe, Middle East and Africa
Beunicasit sane asics + ERHICSWCHIY IPF OBURNY—7Y hCSWCOBAD OHRNCRRER + BEOMRICAU TP YY IABAKBARYY-SEALICDMHS, OTAMEAOHESELT. ENHENIIIT 4 TRAE RHE UIP BRORRICAUKEIIYT 1 VIR Q x22 y-e8RLR7 Sy KBMRA + AMNION Ty hY TP AME EICEWTORKBOARYY—EGO, ABH BIOE-YavaHeRM. FIV kRAMROMLE HRY cP OMAEMS ; o6/04/2024
Slide 30: Greater China
Bsr vleta + TKI Ibis, Tbk, BRN, PBB. RS PUP TC 2H EO EIR 15.8%, Oasics ‘sound ming, sound body + UF—Ibid, BAR, PHBE COMM FO AFR +32.2% (PYYTAD Ny +87.8%, PEE +21.0%) . —BBHtaiat TLS RRA Kc BAU TSE. MRE 7A -AALLCMR, STOMA TSRARORAILL, SRMMEEAS < XB (14.8% >20.8%) + EClt, OneASICSSRRURAC CSICMFRBH+21.
Slide 31: Japan
beanie (ABI + POXHABI) nryea eR MAIFRAL% (BRE ER < BR) 254A BA LIS6 1G, BIRIAL+9.2% (AIRS 415.7%) . StB+4.8% (ARER< €+7.0%) . SPSIS+23.6% (RR < £4+32.0%) . OTIS+41.2% (A BRBR< €4+45.9%) CSlSMEAIEM MOEA TIS, PYYDIALV NY, RN, PRB RA APYP RETA. PYYZAYPNYOTYUNIYERLSBABER O40 (A, OT35 f8F) ¢. mIFRMAO2ZOM
Slide 32: INDEX
31 INDEX 5. RA BURE (©2025 ASICS Corporation, Aight Reserved
Slide 33: SG&A and operating profit
Peeaaume PAsICS ARES MRORLIMNGVKbOO, AORAOME (BAASETSOEA) PHABYORG (7118) CMA, PAMELA EOW MC SO Ty. PAE SEC OMS ORRIN 1OSARY (ABRBER< CRASSA) . BOAR SMARORLITPRAOML Ic FO RRA CHRL1.SppthA. (#4 : (FA) iB 5,139 (ARAALE A50) att ECR caaiaii vie ° Hieom> ASI BLO AIS4 2,749 SEMA Row +80 PHPOWA +282 _ 3 m
Slide 34: Inventories and cash conversion cycle
. asics §we2ee yy ya7o— PASKS | B1D+MOB e+e yYa7O—-eSHs OMIT. BDH OBR vy Ya FO ISA WSS IS ESIC OA HECHT Ee aE (DION A FRIMO 1660S 148A 18H Rik sSO7I ACER. FY 23 FY 24 FY 25Q1 (fi : #879) 4E fl : 900 1,046 a4 373 03 436 | erg a |: A62 5 (ati: 8D Bi@tsCCC FY24Q1 FY2404 FY25Q1 aver BLE aURBAR LE DSO Ca
Slide 35: Inventory by category and region
Party / ES eIDIORVHHRE AFAV—-HT, SATAY -leSW THFMMLROMBAL CDIODAE. ERtee Tit, OTS PDE TU NIY EDELMAN? YY JAD ey NYODION AME, PESIRAS LMR & O DION PUES B20 HALL PERIL O Faia asics sound min, sound body BATAY—Fl (Btu : A) >< FY24Q1 FY24Q4 FY25Q1 HUF alBALE URBAR HC aEUN DIO 1188 1058 998 A198 A6A Hae
Slide 36: Financial summary
BROAY Uv —3 8% 35 Oasics ‘sound ming, sound body FOYIKSIYIA, V-VavsyvIA, FraAwWsyIAZORECESTLBMBSZOMLIC MAAK BLO ME £ ORE REAMEE. REDSORAT. EKDIOOKBCS OMRAFMGEMRILL, RARARAORASK 4 OBERERESSAL. so LR -— FY25Q1 FY24Q1 FY25Q1 FY24Q1 FY25Q1 FY24Q1 FY25Q1 FY24Q1 FY25Q1 FY24Q1 FY25Q1 FY24Q1 FY25Q1 FY24Q1 F
Slide 37: INDEX
36 INDEX 6. IRE KE YIA ©2025 ASICS Corporation, All Fights Reserved
Slide 38: IR activities
| IR) "BLA RBRARF-LD SORE 1 X-WP RLADTHRATE SDS @ Phccrs+uzh - MMRBRAUARY Pee @ arsazncrimsenn + DF LEBMBC MS WRU TREE RICE TH, PY YIARABURRE + SALSACARRIe CT. BISA CRSMARBRA RSL SPE Cid SPHSROKREESSASP TU Ab + RRB RO MRC RB Ice 1804 OAR BREASM <TEeANEUT, 3A3B~SAlcO CPEY PSB + SRT (ALI A, RR, ZEB. H
Slide 39: IR schedule
BIRALYY— (Fz) 38 asics sound min, sound body ERGINYA BA248 (+) | Rome {9 S0~ | Aimer IRB Of GA298 (B) | Soar 14 og. | BARBRRAIIT IRB @ALOR 7A78 (A) 13:00 - 14:30 AYRARAYA TSH (F-V : PHA ALVAY 77H) 8A138 (2k) 13:00R8 a 20255712AHA B2UHRA RAR 8138 Ok) 1400-1500 | 2025125 B2MHRE RES HEAL 8A148 (A) 14:0
Slide 40: Share price chart
2018/1/4 2019/1/4 2020/1/4 2021/1/4 2022/1/4 2023/1/4 2024/1/4 2025/1/4
Slide 41: Appendix
40 INDEX Appendix (©2026 ASICS Corporation. Aight Reserved
Slide 42: Topics
tottomas PASKS | 41 ETE We + GUERRA SORRER - HET SNGOCHSCDPEYO 'RIRAHAVAL, (Rah) PRICE + AM BRB ANT VARESE DRESS “BAG AM BRBBANT YAR CBWT GEACLA AY: RVREONKO DEEN D OMEMICTIbN THO, MAME CH RNICAL SUSHBHME UL CHMHS Nhe 31 AY RBA > AMS (PIAGPA) : https//ipiagpanet/ M2 BIDE S2024F ESRC, MRESMEIMT 971 L
Slide 43: Sales composition by category and region
Bors) —sisitalss LR (2025%12A 981 ERA) atk 0th Eg 7 YT Gy !-1% ALPIP 63% 14.6% | APEQ A2% 68% 7.4% 10.9% 42 PYYIADR KY ePVYIAS ye Ky wt aN P.RUN 5.5%e 7.6 %KeRetyA 6.3% 13.6% SPS 4.19% », 8.3% 5.2% 13.3% (©2026 ASICS Corporation. Aight Reserved CPS HE ALP Iy te) “BPP OT 5.8% 12.8% 1.8% 27.3% Oasics
Slide 44: Sales composition by region
BSB ean — AeA cozss1 2A EE) Pass mP.Run mCPS mAPEQ SPS | OT s@ ft Ba PYYIRAIRKY db BRN SOS 3% 0.1 41.3% 6.0% 7.4% rhe ALPXIP RU? 0.9% 26.7% 29.0% 11.4% 16.1% 5.6 43 39 on AlFights Reserved
Slide 45: Results by region
asics § 2025412588 1 CER thie RUSe He nen Ax FY24Q1 —- FY25Q1 ae Ere FY24Q1__—-FY25Q1 a % - 400 505 +105 +26.1% % - & 238 290 +52 +21.5% BERR ABRERS 284 +46 +19.4% SB ¢ fl # 65 106 +41 +61.8% se ¢ Fl 2 57 67 +10 +17.3% BF 16.5% 21.1% - +4.6ppt SAAR 24.2% 23.4% - AO.8ppt 7ekhaome FY2401 FY25Q1 a ALPH
Slide 46: 2025 full-year forecast by category
20251 2A Mi SMP: HTT — HF Oasics ‘sound ming, sound body (HA 183) a AGS semi alae mLA 3,269 3,580 +9.5% +11.6% P.RUN NFAY —Alzs 707 800 413.1% +15.1% DFAY ARE 21.6% 22.3% +0.7ppt - mLA 786 840 +6.8% +8.2% CPS NFAY —Alzs 141 150 +6.4% +7.7% DFAY ARE 17.9% 17.9% - - CLS 380 380 - +1.7% APEQ DFAY —Alzs
Slide 47: 2025 full-year forecast by region
[202541 2A Be PAR : Hbsta! 46 (Bei: 489) a Bee se eee etc BLA 1,664 1,850 +11.2% 411.2% BA Shia x1 Bee 276 410 +48.2% +48.2% BRA aK 16.6% 22.2% +5.6ppt - CLS 945 1,150 +21.7% 421.7% SB. PYYIRI hy SEARS 221 350 +57.7% 457.7% ee rns 23.5% 30.4% +6.9ppt - TLS 7,350 1,360 +0.7% 41.4% AboK Sb ee ied 112
Slide 48: P.RUN product lineup
BPRUN sty tv7 + CXF -DYF—DSEYUPAZFYIF—-ETINIA YI 7 CHimeeH STABILITY High aa + } GEL-KAYANO 31 ¥20,900 /$165 / €200 Price A) GT-2000 13 ¥15,950 / $140 / €160 eA Low GT-1000 13 ¥12,100/ $110 / €130 47 CUSHION GEL-NIMBUS 27 ¥20,900 / $165 / €200 ~i GEL-CUMULUS 27 ¥15,950 / $140 / €160 4 GEL-PULSE 16 ¥
Slide 49: SportStyle (SPS) product lineup
. asics BAn-—y2ye7 (SPS) VAYZKR-KhIAUA Pasics + BROBMBEHOTET. KLYRYTFTILOBWAZAL—A—-MBICSUSRRGBAMM EVA ICME + PFLSPLBAMIYIKL, AIRL-YavReElKESEMMEPPNLIVALIYAYERALEAIT VY FRRER + EBIVhLO-IISENL, BWAMREERR P-D4 FORGE 2000 P-AT TF VORP AIT MeBotk TI/SNI-ERIATI «<a ——) GEL-KINETIC FLUENT GEL-NYC GEL-KAYAN
Slide 50: Disclaimer
A asICS sound mind, sound body DISCLAIMER sxswvicmsamiticontosm COFLEYT—Yay RRENTWS, SHOREOHE, BBL. HM. RICCO SS, EPWRR TRS OIG ROBINS SRBL THD. CHSREAF RRM 58S NI MHORESO MMC BOWTHET. Lichio Tt. CHSORPRAL OACSMANICHMI SC EMBATSHEAWET ES, BH WiKLET. RRORMIS, KAPKA ATVPRBREC KO. THSORMABL CAS < RRSBR