TOKYO -- Already hovering at an all-time high, shares in Asahi Group Holdings are headed for more upside as Japan's largest beer maker looks set to post a record full-year profit, fund managers say.
Since January, Asahi shares have soared nearly 50% to 5,336 yen, pushing its market capitalization over 2.58 trillion yen ($22.6 billion). This is about 160 billion yen higher than that of its rival Kirin Holdings as of Tuesday.
