Onitsuka Tiger set for separation
Japanese sports group Asics has announced it will separate its Onitsuka Tiger business into a wholly owned subsidiary, OT Group, through an absorption-type company split effective January 1, 2027.
Under the restructuring, OT Group will act as the global headquarters for the brand while remaining fully owned by Asics, with no plans for an initial public offering.
In the most recent fiscal year, Onitsuka Tiger generated 136.5 billion yen (€839 million) in sales, up 43% year on year, with a profit margin of nearly 38%, making it one of Asics’ most profitable divisions. The wider Asics group reported net sales of 810.9 billion yen (€4.99 billion) and net profit of 98.7 billion yen (€607 million) for the year ended December 2025.
OT Group will oversee regional subsidiaries responsible for sales and manufacturing across Japan, China, Europe, Southeast Asia and other markets, supporting further international expansion and retail growth, including new flagship store openings in key global cities.
