ASICS CORPORATION Code of Conduct

1. Purport and scope of application
The ‘ASICS CORPORATION Code of Conduct’ (hereinafter to be referred to as ‘the Code’) outlines the principles
that are to be complied with by all directors, officers and auditors of the Company (and those in similar positions)
and all employees (hereinafter to be referred to collectively as ‘we’, ‘our’ or ‘us’) during the daily conducting of
business. In observing these principles the said persons are to remain fully aware of the Company’s social
responsibilities and must act in accordance with all relevant laws and ordinances in all corporate activities, fully
recognising that socially acceptable conduct is indispensable for the sound development of the Company.

(1) In all of our corporate activities we shall comply with all relevant laws, ordinances, international rules and
regulations and in-house regulations including the Code, to the letter and in spirit. We will endeavour to see to it
that the corporate activities of the ASICS group are managed properly and that they are consistent with social
ethics.

(2) We will respect the fundamental human rights of all persons in all of our corporate activities. We will not
discriminate against individuals on the basis of their ethnic origin, race, nationality, religion, gender, age or any
disability, nor will we impair their dignity.

(3) We believe in appropriate disclosure of information and will work to bring this about. We will maintain fair, just
and transparent relations with anyone having an interest in the Company, and will conduct fair transactions.

(4) We shall not engage in any activity that would be counter to the proper interests of the Company or would
impair its trustworthiness and honour.

3. Responsibility for observance of the Code
(5) We shall conduct our corporate activities in an ecologically responsible manner with due consideration for
health and safety and the environment and with a view to protecting the global environment and natural
resources.

3. Responsibility for observance of the Code
(1) We will act in accordance with the principles set out in this Code.

(2) All directors and officers are to guide and supervise all employees in their charge, and all employees are to
guide and supervise their subordinates to take the initiative in observing the Code.

(3) In order to ensure that corporate conduct is consistent with the Code, all divisions within ASICS group
companies (including the Company itself) are to draw up in-house regulations and behaviour manuals. They
must also ensure that the principles of the Code are thoroughly understood and must carry out any other
necessary activities, such as providing advice or guidance.

(4) In the event of non-compliance with the Code, the top management will work to solve the problem, identify the
cause, and take steps to prevent a recurrence.

(5) We will bear in mind that the Company and we who work for it depend on the trust and confidence of society
at large and will fulfil the responsibilities entrusted us.