dunlop sports co ltd (7825) Snapshot

Dunlop Sports Co. Ltd. announced consolidated financial results for the first quarter ended March 31, 2013. For the quarter, the company reported sales of ¥14,116 million against ¥14,768 million a year ago. Operating income was ¥334 million against ¥1,277 million a year ago. Ordinary income was ¥236 million against ¥1,425 million a year ago. Net loss was ¥91 million or ¥3.14 per share against net income of ¥827 million or ¥28.9 per share a year ago. The company expects to pay a dividend of ¥20 per share for the second quarter and year of 2014. The company expects sales of ¥32.5 billion, operating income of ¥900 million, ordinary income of ¥900 million, net income of ¥300 million or ¥10.34 per share for the first half of 2013. The company expects sales of ¥66 billion, operating income of ¥3,000 million, ordinary income of ¥3,000 million, net income of ¥1,400 million or ¥48.28 per share for the year ending December 31, 2013.

Dunlop Sports Co. Ltd announced that they will report Q1, 2013 results on May 07, 2013

ASICS Corp. and Dunlop Sports Co. Ltd. announced that the companies have entered into a strategic alliance in the area of golf shoes. ASICS takes pride in its high technology and capability for shoes development, while Dunlop Sports has a large share and strong sales infrastructure in golf gear market. The companies will form strategic alliance in development and sales of golf shoes. Dunlop Sports will sell golf shoes under the 'ASICS' brand exclusively in Japan replacing the 'XXIO' and 'SRIXON' brands. For launching new models in Spring 2014, ASICS will develop and manufacture products, and Dunlop Sports will sell them leveraging its well-established distribution channels. The companies and domestic subsidiaries will collaborate in product planning, marketing and supporting contracted professional golfers. Purpose of the alliance ASICS have been re-strengthening its efforts in producing golf shoes since 2009. ASICS golf shoes produced with its advanced technology and development capability accumulated over a period of time have been highly appreciated and used regularly by top professional golfers.