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Asics

“Can a heritage performance footwear brand build a sticky DTC digital ecosystem that rivals pure-play athletic lifestyle platforms?”

Founded1949
HQKobe, Japan
FoundersKihachiro Onitsuka
IndustryE-commerce / Retail
The story

ASICS began as a Japanese athletic footwear manufacturer and grew into a global sports lifestyle brand. The acquisition of Runkeeper in 2012 marked a strategic pivot toward digital fitness and direct-to-consumer engagement, creating ASICS Digital Inc. as a separate technology arm. The company operates a direct e-commerce channel (asics.com) globally alongside wholesale distribution, with embedded finance layers (BNPL, fraud protection) added to support DTC growth.

Last 12 months
—
Product timeline
1949
Founded as Onitsuka Tiger in Kobe, Japan, producing basketball shoes.· pivot
1977
Rebranded to ASICS Corporation, expanding into full sporting goods and apparel.· pivot
2012
Acquired Runkeeper, a fitness tracking app, establishing ASICS Digital Inc. as a subsidiary based in Boston, MA.· acquisition
The stack
2 layers disclosed in Asics’s embedded-finance stack
Lending
Buy Now Pay Later (Pay in 4 via Sezzle)
Fraud
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Asics — frequently asked

What fraud prevention does Asics use?

Asics uses forter for fraud prevention.

What is Asics's embedded finance stack?

The Embedded Finance Index 2026 maps 2 layers in Asics's stack: Lending (Buy Now Pay Later (Pay in 4 via Sezzle)); Fraud (forter).

Who founded Asics?

Asics was founded by Kihachiro Onitsuka and is founded in 1949, headquartered in Kobe, Japan.

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