{"id":84633,"date":"2026-09-02T16:03:38","date_gmt":"2026-09-02T16:03:38","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/84633\/"},"modified":"2026-09-02T16:03:38","modified_gmt":"2026-09-02T16:03:38","slug":"japans-asics-to-spin-off-onitsuka-tiger-business","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/84633\/","title":{"rendered":"Japan&#8217;s Asics to spin off Onitsuka Tiger business\u00a0"},"content":{"rendered":"<p>\n                                        By<br \/>\n                                        <br \/>Reuters\n                                    <\/p>\n<p>\n                                    Published<br \/>\n                                    <\/p>\n<p>                                        June 10, 2026<\/p>\n<p class=\"article-content col-md-8 offset-md-1\">\n                                Japan&#8217;s <a class=\"fnwAddLinks\" href=\"https:\/\/us.fashionnetwork.com\/tags-asics\" title=\"Asics\" rel=\"nofollow noopener\" target=\"_blank\">Asics<\/a> Corp on Wednesday said it will spin off its high-end Onitsuka \u2060Tiger business, a key driver behind four straight years of record profit, in a bid to speed up decision-making and boost competitiveness.<\/p>\n<p><a class=\"button button--primary\" target=\"_blank\" href=\"https:\/\/us.fashionnetwork.com\/galeries\/photos\/Onitsuka-Tiger,74734.html\" rel=\"nofollow noopener\">See fashion show<\/a><img decoding=\"async\" class=\"news-image\" style=\"width:100%;\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/09\/b012.jpg\" alt=\"Onitsuka Tiger - Fall-Winter2026 - 2027 - Womenswear - Italie - Milan\" width=\"2048\" height=\"1366\" fetchpriority=\"high\"\/>Onitsuka Tiger &#8211; Fall-Winter2026 &#8211; 2027 &#8211; Womenswear &#8211; Italie &#8211; Milan &#8211; \u00a9Launchmetrics\/spotlight<\/p>\n<p class=\"col-md-8 offset-md-1 article-content--texte\">Asics shares were up 2.7% \u2060in late morning \u200ctrading in Tokyo, \u2060compared with a 0.7% fall for the broader TOPIX index.<\/p>\n<p>Under the plan, the Onitsuka Tiger business will \u200bbe transferred \u200bto OT Group Corp, a wholly owned subsidiary, via a company split effective on January 1, Asics said.<\/p>\n<p class=\"col-md-8 offset-md-1 article-content--texte\">Onitsuka Tiger has been a key \u200cgrowth driver \u200bfor Asics in recent years. Sales of the brand jumped \u200c43% from a year \u2060earlier to 136.5 billion yen ($851.32 million) in the \u200cyear that ended in December, buoyed by strong demand in Europe and inbound tourism to Japan.<\/p>\n<p>The Onitsuka Tiger business posted a profit margin of nearly 38%, the highest among Asics\u2019 five \u200bcore categories.<\/p>\n<p>In February, the Japanese maker of athletic footwear and apparel said it expected another year of record profit this year.<\/p>\n<p>Onitsuka \u200bTiger, known \u200cfor \u200bits retro-inspired, minimalistic designs, traces its roots to \u200cAsics\u2019 \u200cpredecessor, founded in 1949 by Kihachiro Onitsuka, who sought to make sports shoes out of a belief that nurturing healthy young \u2060people was essential to rebuilding Japan after World War Two.<\/p>\n<p>Onitsuka developed his first pair of basketball \u200cshoes and named the brand \u201cTiger,\u201d \u200binspired by the strength and agility of what he saw as Asia\u2019s most powerful animal.\n                            <\/p>\n<p>\n                                \u00a9 Thomson Reuters 2026 All rights reserved.\n                            <\/p>\n","protected":false},"excerpt":{"rendered":"By Reuters Published June 10, 2026 Japan&#8217;s Asics Corp on Wednesday said it will spin off its high-end&hellip;\n","protected":false},"author":2,"featured_media":84634,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[28047,9066,217,215,1908,214,216,4007,925,53912,51993],"class_list":["post-84633","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-asics","tag-beauty","tag-business","tag-business-of-japan","tag-fashion","tag-japans-business","tag-japanese-business","tag-luxury","tag-network","tag-onitsuga-tiger","tag-professionals"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/84633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=84633"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/84633\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/84634"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=84633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=84633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=84633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}