ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Consumer Non-Durables

Asahi Group Holdings Ltd.

Business Summary

Asahi Group Holdings Ltd. engages in the manufacture and sale of food and beverages. It operates through the following segments: Alcoholic Beverages, Soft Drinks, Food, Overseas, and Others. The Alcoholic Beverages segment includes beer-type beverages, shochu (Japanese distilled beverage), RTD (Ready-to-Drink) low-alcohol beverages, whisky and spirits, wine, and others. The Soft Drinks segment offers chilled beverages through developing products such as tea-based drinks, coffee, carbonated soft drinks, water, fruit and vegetable drinks, and lactic acid drinks. The Food segment provides confectioneries, pharmaceuticals, supplements, baby products, freeze-dried foods, seasonings and retort-pouch foods. The Overseas segment offers food and beverage in other countries. The Others segment involves logistics and other businesses. The company was founded on September 1, 1949 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2018 JPYUSD
Revenue2,120.29B19,198.08M
Gross Profit761,148M6,891.78M
Operating income221,384M2,004.51M
Income before tax207,308M1,877.06M
Net income151,077M1,367.92M
EBITDA330,590M2,993.31M
Diluted EPS329.782.98
Dividends Per Share990.89
Total Assets3,079.31B28,066.49M
Total liabilities1,929.66B17,587.97M
Total equity1,146.42B10,449.07M
Operating cash flow252,441M2,285.71M
Currency in JPYCurrency in USD

Historical Data

 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 1,785.47B 1,689.52B 1,706.90B 2,084.87B 2,120.29B
Gross Profit 674,232M 556,140M 576,892M 740,202M 761,148M
Operating income 127,881M 140,692M 148,487M 199,133M 221,384M
Income before tax 129,136M 99,936M 150,068M 196,984M 207,308M
Net income 69,118M 75,770M 89,220M 141,003M 151,077M
EBITDA 201,178M 211,437M 219,618M 300,946M 330,590M
Diluted EPS 148.80 164.75 194.75 307.77 329.78
Dividends Per Share 45 50 54 75 99
Total Assets 1,936.60B 1,804.67B 2,094.33B 3,346.82B 3,079.31B
Total liabilities 1,040.09B 1,000.98B 1,248.52B 2,194.07B 1,929.66B
Total equity 881,091M 789,420M 836,354M 1,145.13B 1,146.42B
Operating cash flow 146,783M 116,471M 154,452M 231,712M 252,441M
 Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018
Revenue 16,868.00M 13,955.55M 15,708.80M 18,592.78M 19,198.08M
Gross Profit 6,369.69M 4,593.73M 5,309.20M 6,601.06M 6,891.78M
Operating income 1,208.13M 1,162.12M 1,366.54M 1,775.85M 2,004.51M
Income before tax 1,219.99M 825.47M 1,381.09M 1,756.68M 1,877.06M
Net income 652.98M 625.86M 821.10M 1,257.45M 1,367.92M
EBITDA 1,900.59M 1,746.47M 2,021.16M 2,683.81M 2,993.31M
Diluted EPS 1.40 1.36 1.79 2.74 2.98
Dividends Per Share 0.42 0.41 0.49 0.66 0.89
Total Assets 16,152.54M 15,002.06M 17,956.29M 29,709.91M 28,066.49M
Total liabilities 8,675.08M 8,321.11M 10,704.58M 19,476.88M 17,587.97M
Total equity 7,348.85M 6,562.36M 7,170.69M 10,165.42M 10,449.07M
Operating cash flow 1,386.70M 962.05M 1,421.43M 2,066.39M 2,285.71M

Valuation Measures

Dec 2018
PER12.94
ROA4.70%
ROE13.18%
Operating margin10.44%
Profit margin7.12%

Key executives

  • President, CEO & Representative Director: Akiyoshi Koji
  • Chief Financial Officer & Managing Director: Atsushi Katsuki
  • Director & Executive Officer: Yutaka Hemmi
  • Director & Executive Officer: Keizo Tanimura
  • Director & Executive Officer: Taemin Park

Shareholders

  • Asahi Group Holdings Ltd. (5.2%)
  • Nomura Asset Management Co., Ltd. (4.5%)
  • Asset Management One Co., Ltd. (3.8%)
  • Dai-ichi Life Holdings, Inc. (3.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.9%)
  • Asahi Kasei Corp. (2.4%)
  • Nikko Asset Management Co., Ltd. (2.1%)
  • The Vanguard Group, Inc. (2.1%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.9%)

Contact Details

Related Companies

  • GBBC Pty Ltd.
  • Asahi Brands Europe a.s., Niederlassung Deutschland
  • Asahi Group Holdings Board Incentive Plan
  • Asahi Group Holdings Ltd. /2 Subs/
  • Asahi Europe Ltd
  • Asahi Group Foods Ltd.
  • Independent Distillers USA, Inc.
  • SABMiller Ltd. /8 Central & Eastern European Sub/
  • PT Tirta Makmur Sukses Perkasa
  • SABMiller Brands Korea
  • SABMiller Brands Europe as
  • Asahi Group Holdings Southeast Asia Pte. Ltd.
  • Asahi Tape Sdn. Bhd.
  • Asahi Beer USA, Inc.
  • SABMiller Europe AG
  • Asahi Breweries Ltd.
  • Asahi Breweries Trust
  • Mountain H20 Pty Ltd.
  • Asahi Breweries Itochu (Holdings) Ltd.
  • Asahi Beverages New Zealand Ltd.
  • Asahi Office & Building Service KK
  • Yantai Beer Tsingtao Asahi Co., Ltd.
  • SABMiller Poland BV
  • Asahi Field Marketing Ltd.
  • AI Beverage Holding Co., Ltd.
  • Wako Shokuhin Kogyo KK
  • Asahi Beer Engineering Co. Ltd.
  • Satsumatsukasa Shuzo Co. Ltd.
  • Asahi Logistics Co. Ltd.
  • Asahi Food & Healthcare Ltd.

Competitors

  • Anheuser-Busch InBev SA/NV
  • Carlsberg A/S Class B
  • Molson Coors Brewing Company Class B
  • Kirin Holdings Company, Limited
  • Kraft Heinz Company
  • San Miguel Corp.
  • Coca-Cola Company
  • Constellation Brands, Inc. Class A
  • Beijing Yanjing Brewery Co., Ltd. Class A
  • Davide Campari-Milano S.p.A.
  • Diageo plc
  • Anadolu Efes Biracilik ve Malt Sanayii A.S.
  • Brown-Forman Corporation Class B
  • Heineken NV
  • China Resources Beer (Holdings) Co. Ltd.
  • Heineken Holding N.V.
  • Tsingtao Brewery Co., Ltd. Class H
  • San Miguel Food & Beverage, Inc.
  • Top Frontier Investment Holdings, Inc.
  • Royal Unibrew A/S
  • Budweiser Brewing Co. APAC Ltd.
Last Updated on 23 Oct, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media