| Event: | Women's 500 metres |
| Games: | 1986 Asian Winter Games |
| Venue: | Makomanai Open Stadium |
| Dates: | 1 March 1986 |
| Competitors: | 10 |
| Nations: | 4 |
| Gold: | Seiko Hashimoto |
| Goldnoc: | JPN |
| Silver: | Shoko Fusano |
| Silvernoc: | JPN |
| Bronze: | Ye Qiaobo |
| Bronzenoc: | CHN |
| Next: | 1990 |
See main article: Speed skating at the 1986 Asian Winter Games. The women'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 |
|---|---|---|---|---|---|---|---|
| 41.68 | |||||||
| 42.53 | |||||||
| 3 | 42.73 | ||||||
| 43.03 | |||||||
| 5 | 43.16 | ||||||
| 6 | 43.45 | ||||||
| 6 | 43.45 | ||||||
| 8 | 43.62 | ||||||
| 9 | 44.03 | ||||||
| 10 | 1:06.74 |