Below are the financial statements of Asics, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of JPY | 2024 | 2023 |
---|---|---|
Current assets | — | — |
Cash and deposits | 127,021a | 114,005a |
Notes and accounts receivable - trade | 74,705a | 65,593a |
Merchandise and finished goods | 133,922a | 118,411a |
Work in process | 639a | 196a |
Raw materials and supplies | 3,035a | 2,638a |
Other | 33,340a | 26,369a |
Allowance for doubtful accounts | -3,521a | -3,692a |
Total current assets | 369,143a | 323,522a |
Property, plant and equipment | — | — |
Buildings and structures | 35,906a | 36,242a |
Accumulated depreciation | -25,162a | -23,996a |
Buildings and structures, net | 10,743a | 12,245a |
Machinery, equipment and vehicles | 6,282a | 6,096a |
Accumulated depreciation | -4,673a | -4,434a |
Machinery, equipment and vehicles, net | 1,608a | 1,662a |
Tools, furniture and fixtures | 42,008a | 38,697a |
Accumulated depreciation | -34,764a | -32,451a |
Tools, furniture and fixtures, net | 7,243a | 6,245a |
Land | 5,809a | 5,893a |
Leased assets | 1,651a | 1,597a |
Accumulated depreciation | -1,341a | -1,073a |
Leased assets, net | 309a | 523a |
Construction in progress | 8,228a | 2,055a |
Total property, plant and equipment | 33,944a | 28,625a |
Intangible assets | — | — |
Goodwill | 5,964a | 6,250a |
Software | 29,179a | 23,938a |
Right of use assets | 44,871a | 39,325a |
Other | 10,763a | 8,826a |
Total intangible assets | 90,779a | 78,341a |
Investments and other assets | — | — |
Investment securities | 3,513a | 12,105a |
Long-term loans receivable | 22a | 24a |
Deferred tax assets | 4,048a | 12,319a |
Other | 17,894a | 10,469a |
Allowance for doubtful accounts | -351a | -1,291a |
Total investments and other assets | 25,127a | 33,627a |
Total non-current assets | 149,851a | 140,593a |
Total assets | 518,994a | 464,116a |
Current liabilities | — | — |
Notes and accounts payable - trade | 62,150a | 43,921a |
Short-term borrowings | 2,500a | 7a |
Current portion of bonds payable | 25,000a | 20,000a |
Lease liabilities | 12,944a | 11,747a |
Accrued expenses | 38,900a | 29,955a |
Income taxes payable | 11,703a | 5,093a |
Accrued consumption taxes | 1,948a | 1,013a |
Provision for bonuses | 1,953a | 1,049a |
Other | 37,636a | 30,859a |
Total current liabilities | 194,739a | 143,648a |
Non-current liabilities | — | — |
Bonds payable | 35,000a | 60,000a |
Long-term borrowings | 0a | 2,580a |
Lease liabilities | 41,832a | 37,783a |
Deferred tax liabilities | 2,735a | 2,378a |
Retirement benefit liability | 4,865a | 4,416a |
Other | 4,882a | 6,507a |
Liabilities | — | — |
Total non-current liabilities | 89,314a | 113,667a |
Total liabilities | 284,054a | 257,315a |
Shareholders’ equity | — | — |
Share capital | 23,972a | 23,972a |
Capital surplus | 15,827a | 15,836a |
Retained earnings | 196,805a | 147,561a |
Treasury shares | -44,706a | -9,717a |
Total shareholders’ equity | 191,899a | 177,653a |
Accumulated other comprehensive income | — | — |
Valuation difference on available-for-sale securities | 315a | 3,480a |
Deferred gains or losses on hedges | 12,532a | 2,241a |
Foreign currency translation adjustment | 29,215a | 22,304a |
Remeasurements of defined benefit plans | -928a | -871a |
Total accumulated other comprehensive income | 41,135a | 27,155a |
Net assets | — | — |
Share acquisition rights | 254a | 271a |
Non-controlling interests | 1,650a | 1,720a |
Total net assets | 234,940a | 206,801a |
Total liabilities and net assets | 518,994a | 464,116a |
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