On May 10th, Japanese sportswear giant Asics unveiled its key financial data for the first quarter of 2023. The company achieved a remarkable 44.6% year-on-year growth in net sales, reaching a record high of ¥152.2 billion (approximately +35% excluding currency fluctuations). All product categories and markets experienced robust double-digit growth. Operating profit witnessed a staggering increase of 119.9% compared to the previous year, reaching a record-breaking ¥22.1 billion, while the operating profit margin rose from 9.5% to 14.5% during the same period.
In terms of digital busin …