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.

HUGE Asics (7936) Offering - Big Guidance Boost at ATH So Feed the Ducks When They Are Quacking

Equity Bottom-Up

<ul>
<li>ASICS is revising up its full year forecasts, now expecting sales to reach a record ¥660 billion , up 15.7% year-over-year. There is a strong currency tail wind. </li>
<li>Still "you gotta be in it to win it.."  ASICS is currently crushing it, while Nike flounders</li>
<li>A large secondary offering will likely hit the share price in the short term; there are two key risks...but it could be a good opportunity to buy. </li>
</ul>


ASICS is revising up its full year forecasts, now expecting sales to reach a record ¥660 billion , up 15.7% year-over-year. There is a strong currency tail wind. 
Still "you gotta be in it to win it.."  ASICS is currently crushing it, while Nike flounders
A large secondary offering will likely hit the share price in the short term; there are two key risks...but it could be a good opportunity to buy. 


ASICS (7936) | Obadele Thompson or Usain Bolt?

ASICS Corp

ASICS (7936) | Obadele Thompson or Usain Bolt?