Swapping the founder’s name for a creed: becoming ASICS (1977)
A mission statement as a corporate identity
In 1977 the company gave up the name that had carried it to the top of its market. “Onitsuka Tiger” was a known brand and a founder’s surname; in its place came ASICS, an acronym of the Latin Anima Sana In Corpore Sano — a sound mind in a sound body. The choice looks sentimental and is not: naming the company after a creed rather than a man declared that the business was the mission, not the founder, and made the philosophy transferable to the professional managers who would run it after him. The simultaneous three-way merger with GTO and Jelenk was the practical half of the same move — scale in manufacturing and selling to match the new ambition.
What the rename bought was durability of identity through a long build-out. Over the next two decades Asics could add a Sports Engineering Institute, plants in China, and subsidiaries across Europe and beyond without losing the thread, because the thread was written into the name. The cost was subtler: a creed makes a company sure of what it is, and a company sure of what it is can be slow to notice when it has wandered outside itself — the very trap the outdoor detour of the 2010s would spring. The 1977 identity was both the anchor Asics kept returning to and the reason returning felt like coming home.
Revenue and net margin, FY1972–FY1982
Revenue in ¥ bn (bars) and net margin in % (line), for the years around the decision. Shaded columns are FY1977 onwards — after it was taken.
Source: securities reports
Read the full history in Japanese →
This decision is covered inside the company's full Japanese history, alongside the financial tables, shareholders and executives.
Other key decisions at Asics
Yen amounts are converted at the average rate of each figure’s own year — not today’s rate; the revenue chart is shown in yen. Exchange rates & sources — the full ¥/US$ table →
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