| Event: | Men's 500 metres |
| Games: | 1986 Asian Winter Games |
| Venue: | Makomanai Open Stadium |
| Dates: | 1 March 1986 |
| Competitors: | 11 |
| Nations: | 5 |
| Gold: | Akira Kuroiwa |
| Goldnoc: | JPN |
| Silver: | Na Yoon-soo |
| Silvernoc: | KOR |
| Bronze: | Bae Ki-tae |
| Bronzenoc: | KOR |
| Next: | 1990 |
See main article: Speed skating at the 1986 Asian Winter Games. The men's 500 metres at the 1986 Asian Winter Games was held on 1 March 1986 in Sapporo, Japan.
| width=40 | Rank | width=250 | Athlete | width=80 | Time | width=50 | Notes |
|---|---|---|---|---|---|---|---|
| 38.20 | |||||||
| 38.58 | |||||||
| 38.68 | |||||||
| 4 | 38.89 | ||||||
| 5 | 38.93 | ||||||
| 6 | 39.02 | ||||||
| 7 | 39.47 | ||||||
| 7 | 39.47 | ||||||
| 9 | 39.55 | ||||||
| 10 | 40.50 | ||||||
| 11 | 52.41 |