ASICS to spin off Onitsuka Tiger into standalone business from 2027

The institution said its committee had approved a simplified absorption-type institution divided that volition spot the Onitsuka Tiger concern transferred to a wholly owned subsidiary, OT GROUP Corporation, with the reorganisation scheduled to instrumentality effect connected 1 January 2027.

The determination follows a play of accelerated maturation for Onitsuka Tiger, driven by expanding planetary operations and rising marque awareness. ASICS said the marque has been focused connected increasing its web of straight operated stores portion moving to found itself arsenic a “luxury manner brand”.

Through this reorganisation, the institution volition modulation the Onitsuka Tiger Business to a much autarkic operating structure. Regional subsidiaries liable for functions including income and manufacturing volition run nether the caller entity.

This determination is expected to alteration faster decision-making and heighten the instauration of competitiveness tailored to the brand’s unsocial characteristics. In addition, crossed the ASICS Group arsenic a whole, the institution volition fortify its governance model portion enhancing the visibility of concern show by conception and clarifying absorption accountability.

"Through these measures, the Company aims to further heighten the marque worth of Onitsuka Tiger, execute sustainable concern growth, and summation the wide firm worth of the ASICS Group," said the Japanese sportswear giant.

OT GROUP was established successful February 2026 and is wholly owned by ASICS. The institution is positioned arsenic the planetary office for the luxury manner concern centred connected the Onitsuka Tiger brand.

ASICS said the transaction is an interior reorganisation betwixt the institution and a consolidated subsidiary and is expected to person lone a minimal interaction connected its consolidated fiscal results.

The completion of the divided volition spell up pursuing the support by OT GROUP's shareholders' gathering scheduled for 16 November 2026.

"ASICS to rotation disconnected Onitsuka Tiger into standalone concern from 2027" was primitively created and published by Just Style, a GlobalData owned brand.

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