Gross profit increased 49.4% to ¥105,448 million (US$965.56 million) due to the impact of the increase in net sales. Operating income was ¥23,993 million (US$219.73 million) due to an improvement in the gross profit ratio, as well as due to the increase in net sales. Ordinary income was ¥24,770 million (US$226.81 million).
Asics reported that in the Performance Running category, net sales increased 54.2% to ¥108,594 million (US$994.37 million) due to strong sales mainly in the Japan, North America, Europe, Greater China and Oceania regions. Sports Style net sales increased 36.3% to ¥17,127 million (US$156.83 million) due to strong sales in the North America and Europe regions. Apparel and Equipment net sales increased 30.5% to ¥16,702 million (US$152.94 million). Onitsuka Tiger net sales increased 34.0% to ¥21,007 million (US$192.36 million) due to strong sales in the Greater China regions.
