Israel Folau has been dropped by Asics in response to homophobic social media posts he published last month.

The sportswear company is a personal sponsor for Folau as well as the Wallabies and has acted after the 30-year-old was found to have committed a high level breach of Rugby Australia's code of conduct.

"ASICS is dedicated to sport and its healthy contribution to society," a compnay statement read.

"We believe sport is for everyone and we champion inclusivity and diversity. While Israel Folau is entitled to his personal views, some of those expressed in recent social media posts are not aligned with those of ASICS.

"As such, our partnership with Israel has become untenable and he will no longer represent ASICS as a brand ambassador." 

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