TOKYO, June 10 (Pulse News Wire) – ASICS Corporation (7936.T) denied reports circulating among some media outlets suggesting plans to spin off its Onitsuka Tiger brand. The company stated that such reports are not based on any official public statements made by ASICS.
However, ASICS confirmed that it is indeed reviewing the possibility of separating the Onitsuka Tiger business. During today's scheduled board meeting, ASICS indicated that it would promptly disclose any factual developments requiring immediate attention.
The company emphasized that any significant decisions related to the potential restructuring will be communicated transparently once finalized.
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