Asics' (TYO:7936) profit attributable to owners of the parent jumped 47% to 46.6 billion yen for the first quarter from 31.6 billion yen a year earlier.
The sports equipment manufacturer's earnings per share increased to 65.66 yen from 44.20 yen a year ago, according to a Tokyo bourse filing on Wednesday.
Net sales jumped nearly 30% to 270.3 billion yen for the three months ended March 31 from 208.3 billion yen in the prior-year period.
For the year ending Dec. 31, the company expects attributable profit of 110 billion yen, basic EPS of 153.91 yen, and net sales of 950 billion yen.
Asics plans to pay interim and year-end dividends of 18.00 yen and 20.00 yen per share, respectively, for the year, which is higher than the amount paid in the year-ago period.