Because many in the USA don't have a clue about ASICS CORP as they are located in Japan and began trading on the Tokyo exchange last year. Also they have $$$$ yen or whatever you wanna call it,all geen stuff. And now here is the most interesting part below. GRMX a buyout target?
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An Investment Subsidiary to Accelerate Business Tie-ups with Startup Companies Establishment of “ASICS Ventures Corporation”
REGIONAL: Global
RELEASE DATE: 2016.11.15
ASICS Corporation (Headquarters: Kobe, Japan; President and CEO: Motoi OYAMA) announces the establishment of ASICS Ventures Corporation. The new wholly-owned subsidiary will be a corporate venture capital arm for ASICS globally, an investment company to accelerate business tie-ups with startup companies.
From its foundation, ASICS has produced, and delivered to the market, a wide variety of truly innovative products and services, predominantly in sport arena, backed by our continued challenges in developing highly sophisticated sport science technologies. We believe that ASICS can further accelerate our continued quest for innovations, leveraging business development with startup companies that have innovative products and services, technologies and people.
ASICS wishes to further ensure our sustainable growth through capital and business tie-ups with startup companies that would create customer values if combined with ASICS group resources.
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