Nike and Asics have a weird relationship. Nike's founder Phil Knight started by importing and distributing Japanese shoes from Onitsuka in the US. This went on for a good number of years before they had a falling out and Nike launched its own shoes. Onitsuka is actually the parent company of Asics.

Asics shoes are well-cushioned and supportive, making them excellent shoes for all types of running on a variety of surfaces. “Asics is recognized as one of the best running shoe brands on the market,” Dr. Mehta says. “They are very good quality and made with materials that are safe, comfortable, and durable.”

What makes ASICS products special is the advanced technology that drives their performance. Some of ASICS' most notable technological advances include: GEL™ technology. GEL™ technology helps athletes deal with impacts and twists, offering bounce in some areas, softness in others, and stability overall.

Based on the latest financial disclosure, ASICS has a Probability Of Bankruptcy of 9.0%. This is 78.26% lower than that of the Consumer Cyclical sector and 65.2% lower than that of the Footwear & Accessories industry. The probability of bankruptcy for all United States stocks is 77.4% higher than that of the company.