{"id":104066,"date":"2026-08-14T13:08:38","date_gmt":"2026-08-14T04:08:38","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7936-20260814-03_wp_corporate_restructuring\/"},"modified":"2026-08-14T13:08:38","modified_gmt":"2026-08-14T04:08:38","slug":"7936-20260814-03_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7936\/ir\/7936-20260814-03_wp_corporate_restructuring\/","title":{"rendered":"Notice regarding the dissolution and liquidation of a consolidated subsidiary (policy)"},"content":{"rendered":"<p>The board resolved to dissolve and liquidate the consolidated subsidiary ASICS Trading Co., Ltd. After the business transfer, a revised consolidated earnings forecast including potential extraordinary losses has already been disclosed. Going forward, profits and losses until liquidation are to be examined, with a possibility of additional disclosures.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"7936","jir_company_name":"ASICS Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/7936-20260814-03.pdf","jir_short_summary":"The board resolved to dissolve and liquidate the consolidated subsidiary ASICS Trading Co., Ltd. After the business transfer, a revised consolidated earnings forecast including potential extraordinary losses has already been disclosed. Going forward, profits and losses until liquidation are to be examined, with a possibility of additional disclosures.","jir_summary":"### Policy and background of dissolution and liquidation\nAt the meeting of the Board of Directors held today, it was decided to dissolve and liquidate ASICS Trading Co., Ltd., a consolidated subsidiary. To accelerate global growth of the Walking business and consistently execute the brand strategy, all businesses will be transferred to ASICS or ASICS Japan, after which company operations will be wound down.\n\n### Overview of the dissolution target and relationship\nASICS Trading Co., Ltd. is 100% owned (capital: 450 million yen), with President and Representative Director Junji Kobayashi. The business involves the sale of domestic and international sports shoes and general shoes. Over the past three years, financial position shows total assets of 36,312 million yen \u2192 44,262 million yen \u2192 42,504 million yen; net sales of 51,941 million yen \u2192 72,116 million yen \u2192 77,440 million yen; operating income of 4,129 million yen \u2192 4,489 million yen \u2192 5,885 million yen; net income for the year attributable to owners of parent of 3,709 million yen \u2192 5,486 million yen \u2192 4,315 million yen.","jir_financial_highlights":"Extraordinary loss: 6,717 \u767e\u4e07\u5186 (Recorded in the second-quarter consolidated results)","jir_category":"","jir_hashtags":"#ASICS, #BusinessRestructuring_Liquidation","jir_key_figures":"Extraordinary loss: 6,717 million yen\nOwnership structure: 100% owned by ASICS\nNet sales (past 3 years): 51,941 million yen \u2192 72,116 million yen \u2192 77,440 million yen\nDissolution schedule: liquidation not yet concluded (upon completion of necessary procedures)","jir_meta_title":"ASICS: Resolution on Dissolution and Liquidation of Consolidated Subsidiary | August 2026","jir_meta_description":"ASICS resolves the dissolution and liquidation of its consolidated subsidiary ASICS Trading. Explains the impact after the transfer of operations and updates to the future consolidated earnings outlook including extraordinary losses. Notes on the outlook until liquidation and forthcoming disclosure policy.","jir_og_title":"ASICS Resolved to Dissolve and Liquidate Consolidated Subsidiary","jir_og_description":"ASICS has resolved the dissolution and liquidation of its consolidated subsidiary. Focus on business transfer, anticipated financial impact, and progress of liquidation procedures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6909,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-104066","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice regarding the dissolution and liquidation of a consolidated subsidiary (policy) - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7936\/ir\/7936-20260814-03_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7936\/ir\/7936-20260814-03_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7936\/ir\/7936-20260814-03_wp_corporate_restructuring\/\",\"name\":\"Notice regarding the dissolution and liquidation of a consolidated subsidiary (policy) - 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