Japanese Makers Look to "Golden Sports Years"

Economy

Tokyo, April 9 (Jiji Press)--Japanese sports equipment firms are looking at the three years through 2021, dubbed the "Golden Sports Years," as opportunities for growth.

These are "three unprecedented years," Mizuno Corp. <8022> President Akito Mizuno said of the period during which major world sporting events will be held in Japan.

The events include the 2019 Rugby World Cup, the 2020 Tokyo Olympics and Paralympics, and the 2021 World Masters Games.

Asics Corp. <7936> aims to use the 2020 Summer Games to make its brand "shine," said President and Chief Operating Officer Yasuhito Hirota. The company is one of the sponsors of the Tokyo Games.

Hirota said Asics will aim to achieve consolidated sales of 500 billion yen in 2020.

[Copyright The Jiji Press, Ltd.]

Jiji Press