Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Asics (7936) | It's a Marathon, Not a Sprint

ASICS (7936) | Running Is Recession Proof

Ohayo Japan|US Stocks Fall on Consumer Fears; JAPAN X: Hitachi Inspires with Mgmt Incentive Scheme

Asics (7936) | Strong Performance Meets Reasonable Valuation

Equity Bottom-Up

<ul>
<li>NIKE reported Q1 results post close on Thursday sending the shares down 9% after hours and hitting the stock price of Asics on Friday (-10.7%).  </li>
<li>ASICS is unlikely to face ALL of the same problems that impacted NIKE, but investors should be aware of the rising inventory risk</li>
<li>ASICS is less risky given less exposure to apparel. Even so, we remain bearish for now</li>
</ul>


NIKE reported Q1 results post close on Thursday sending the shares down 9% after hours and hitting the stock price of Asics on Friday (-10.7%).  
ASICS is unlikely to face ALL of the same problems that impacted NIKE, but investors should be aware of the rising inventory risk
ASICS is less risky given less exposure to apparel. Even so, we remain bearish for now


ASICS Corp

Asics (7936) | Nike Air Pockets