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Oniverse | 12 Months Ended
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Dec. 31, 2022
Disclosure of subsidiaries [abstract] |
Oniverse | 1.3 Oniverse
|  |  |  | Equity interest
Entity |  | Domicile |  | 12/31/2022 |  | 12/31/2021
On Holding AG |  | Zurich, CH |  |  |  |
On AG |  | Zurich, CH |  | 100% |  | 100%
On Brazil Ltda. |  | Sao Paulo, BR |  | 100% |  | 100%
On Cloud Service GmbH |  | Berlin, DE |  | 100% |  | 100%
On Clouds GmbH |  | Zurich, CH |  | 100% |  | 100%
On Clouds Inc. |  | Dover, DE, USA |  | 100% |  | —
On Europe AG |  | Zurich, CH |  | 100% |  | 100%
On Experience 1 LLC |  | Dover, DE, USA |  | 100% |  | 100%
On Experience 2 LLC |  | Wilmington, DE, USA |  | 100% |  | 100%
On Experience 3 LLC |  | Wilmington, DE, USA |  | 100% |  | 100%
On Experience 4 LLC |  | Wilmington, DE, USA |  | 100% |  | —
On Experience 5 LLC |  | Wilmington, DE, USA |  | 100% |  | —
On Hong Kong Ltd. |  | Hong Kong, SAR of CN |  | 100% |  | 100%
On Inc. |  | Portland, OR, USA |  | 100% |  | 100%
On Italy S.r.l. |  | Milan, IT |  | 100% |  | —
On Japan K.K. |  | Yokohama, JP |  | 100% |  | 100%
On Oceania Pty Ltd. |  | Melbourne, AU |  | 100% |  | 100%
On Running Canada Inc. |  | Vancouver, CA |  | 100% |  | 100%
On Running Sports Products (Shanghai) Company Ltd. |  | Shanghai, CN |  | 100% |  | 100%
On Running UK Ltd. |  | London, UK |  | 100% |  | 100%
On Vietnam Co. Ltd. |  | Ho Chi Minh City, VN |  | 100% |  | 100%
Brunner Mettler GmbH |  | Zurich, CH |  | 100% |  | 100%
Accounting policies | “Oniverse” represents the legal group structure of the On group. Entities are fully consolidated from the date on which control is transferred to On Holding AG, the parent company of the group. Control is achieved when On is exposed, or has rights, to variable returns from its involvement with the investee and has the ability to affect those returns through its power over the investee. For the consolidated entities, all assets, liabilities, income, and expenses are included in the financial statements. All intercompany balances and transactions (including unrealized profits on inventories) are fully eliminated in the process of consolidation.

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- Definition The disclosure of interests in subsidiaries. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2022-03-24 -Paragraph 2 -Subparagraph b -Clause i -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2022-en-r&anchor=para_2_b_i&doctype=Standard -URIDate 2022-03-24 + Details
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