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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 sells beer-type beverages, shochu (Japanese distilled beverage), RTD (ready-to-drink) low-alcohol beverages, whisky and spirits, and wines. The Soft Drinks segment offers chilled beverages 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, dried foods, and seasonings. The Overseas segment handles the sale of food and beverage in other countries. The Others segment includes logistics and other businesses. The company was founded on September 1, 1949 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2021 JPYUSD
Revenue2,236.07B20,351.41M
Gross Profit785,243M7,146.80M
Operating income223,747M2,036.41M
Income before tax199,139M1,812.44M
Net income153,501M1,397.07M
EBITDA358,562M3,263.41M
Diluted EPS302.892.75
Dividends Per Share1090.99
Total Assets4,547.74B39,492.40M
Total liabilities2,788.59B24,216.03M
Total equity1,757.10B15,258.59M
Operating cash flow337,812M3,074.56M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 2,084.87B 2,120.29B 2,089.04B 2,027.76B 2,236.07B
Gross Profit 740,202M 761,148M 736,259M 683,777M 785,243M
Operating income 199,133M 221,384M 213,760M 173,703M 223,747M
Income before tax 196,984M 207,308M 197,391M 125,399M 199,139M
Net income 141,003M 151,077M 142,206M 92,825M 153,501M
EBITDA 300,946M 330,590M 326,796M 296,980M 358,562M
Diluted EPS 307.77 329.78 310.41 196.49 302.89
Dividends Per Share 75 99 100 106 109
Total Assets 3,346.82B 3,079.31B 3,140.78B 4,439.37B 4,547.74B
Total liabilities 2,194.07B 1,929.66B 1,892.50B 2,921.56B 2,788.59B
Total equity 1,145.13B 1,146.42B 1,246.31B 1,516.12B 1,757.10B
Operating cash flow 231,712M 252,441M 253,469M 275,859M 337,812M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 18,592.78M 19,198.08M 19,163.67M 18,992.13M 20,351.41M
Gross Profit 6,601.06M 6,891.78M 6,753.99M 6,404.29M 7,146.80M
Operating income 1,775.85M 2,004.51M 1,960.90M 1,626.91M 2,036.41M
Income before tax 1,756.68M 1,877.06M 1,810.74M 1,174.49M 1,812.44M
Net income 1,257.45M 1,367.92M 1,304.51M 869.40M 1,397.07M
EBITDA 2,683.81M 2,993.31M 2,997.83M 2,781.53M 3,263.41M
Diluted EPS 2.74 2.98 2.84 1.84 2.75
Dividends Per Share 0.66 0.89 0.91 0.99 0.99
Total Assets 29,709.91M 28,066.49M 28,900.74M 42,998.47M 39,492.40M
Total liabilities 19,476.88M 17,587.97M 17,414.35M 28,297.35M 24,216.03M
Total equity 10,165.42M 10,449.07M 11,468.26M 14,684.72M 15,258.59M
Operating cash flow 2,066.39M 2,285.71M 2,325.17M 2,583.71M 3,074.56M

Valuation Measures

Dec 2021
PER14.76
ROA3.41%
ROE9.37%
Operating margin10.00%
Profit margin6.86%

Key executives

  • President, CEO & Representative Director: Atsushi Katsuki
  • Chief Financial Officer & Director: Kaoru Sakita
  • Executive Officer & Head-Finance: Shunjiro Sakano
  • Executive Officer & Head-Global Marketing: Satoshi Mori
  • Executive Officer & Head-Legal: Yuji Oda

Shareholders

  • Nomura Asset Management Co., Ltd. (5.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.5%)
  • Asset Management One Co., Ltd. (3.3%)
  • The Vanguard Group, Inc. (2.5%)
  • Nikko Asset Management Co., Ltd. (2.3%)
  • Daiwa Asset Management Co. Ltd. (2.2%)
  • Dai-ichi Life Holdings, Inc. (2.2%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (1.9%)
  • BlackRock Fund Advisors (1.6%)
  • Sumitomo Mitsui Financial Group, Inc. (1.5%)

Contact Details

Related Companies

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  • Independent Distillers USA, Inc.
  • Loi Hein Co., Ltd.
  • SABMiller Ltd. /8 Central & Eastern European Sub/
  • PT Tirta Makmur Sukses Perkasa
  • Taiwan Calpis Co., Ltd.
  • SABMiller Brands Korea
  • SABMiller Brands Europe as
  • Asahi Group Holdings Southeast Asia Pte Ltd.
  • Asahi Beer (China) Investment Co., 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.

Competitors

  • Anheuser-Busch InBev SA/NV
  • Molson Coors Beverage Company Class B
  • Kirin Holdings Company, Limited
  • Coca-Cola Company
  • Carlsberg AS Class B
  • Heineken NV
  • Top Frontier Investment Holdings, Inc.
  • San Miguel Food & Beverage, Inc.
  • Good Drinks Australia Ltd
  • Bluestar Adisseo Co. Class A
  • Cardiovascular Systems, Inc.
  • UE Furniture Co., Ltd. Class A
Last Updated on 3 Oct, 2022

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