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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 Other. 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 Other segment includes logistics and other businesses. The company was founded on September 1, 1949 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2019 JPYUSD
Revenue2,089.04B19,163.67M
Gross Profit736,259M6,753.99M
Operating income213,760M1,960.90M
Income before tax197,391M1,810.74M
Net income142,206M1,304.51M
EBITDA326,796M2,997.83M
Diluted EPS310.412.84
Dividends Per Share1000.91
Total Assets3,140.78B28,900.74M
Total liabilities1,892.50B17,414.35M
Total equity1,246.31B11,468.26M
Operating cash flow253,469M2,325.17M
Currency in JPYCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 1,689.52B 1,706.90B 2,084.87B 2,120.29B 2,089.04B
Gross Profit 556,140M 576,892M 740,202M 761,148M 736,259M
Operating income 140,692M 148,487M 199,133M 221,384M 213,760M
Income before tax 99,936M 150,068M 196,984M 207,308M 197,391M
Net income 75,770M 89,220M 141,003M 151,077M 142,206M
EBITDA 211,437M 219,618M 300,946M 330,590M 326,796M
Diluted EPS 164.75 194.75 307.77 329.78 310.41
Dividends Per Share 50 54 75 99 100
Total Assets 1,804.67B 2,094.33B 3,346.82B 3,079.31B 3,140.78B
Total liabilities 1,000.98B 1,248.52B 2,194.07B 1,929.66B 1,892.50B
Total equity 789,420M 836,354M 1,145.13B 1,146.42B 1,246.31B
Operating cash flow 116,471M 154,452M 231,712M 252,441M 253,469M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 13,955.55M 15,708.80M 18,592.78M 19,198.08M 19,163.67M
Gross Profit 4,593.73M 5,309.20M 6,601.06M 6,891.78M 6,753.99M
Operating income 1,162.12M 1,366.54M 1,775.85M 2,004.51M 1,960.90M
Income before tax 825.47M 1,381.09M 1,756.68M 1,877.06M 1,810.74M
Net income 625.86M 821.10M 1,257.45M 1,367.92M 1,304.51M
EBITDA 1,746.47M 2,021.16M 2,683.81M 2,993.31M 2,997.83M
Diluted EPS 1.36 1.79 2.74 2.98 2.84
Dividends Per Share 0.41 0.49 0.66 0.89 0.91
Total Assets 15,002.06M 17,956.29M 29,709.91M 28,066.49M 28,900.74M
Total liabilities 8,321.11M 10,704.58M 19,476.88M 17,587.97M 17,414.35M
Total equity 6,562.36M 7,170.69M 10,165.42M 10,449.07M 11,468.26M
Operating cash flow 962.05M 1,421.43M 2,066.39M 2,285.71M 2,325.17M

Valuation Measures

Dec 2019
PER16.05
ROA4.57%
ROE11.88%
Operating margin10.23%
Profit margin6.80%

Key executives

  • President, CEO & Representative Director: Akiyoshi Koji
  • CFO, Senior MD & Senior Managing Executive Officer: Atsushi Katsuki
  • Executive Officer & General Manager-Finance: Shunjiro Sakano
  • Director & Chief Supply Chain Officer: Yutaka Hemmi
  • Director & Chief Human Resources Officer: Keizo Tanimura

Shareholders

  • Nomura Asset Management Co., Ltd. (5.1%)
  • Asset Management One Co., Ltd. (3.4%)
  • Dai-ichi Life Holdings, Inc. (3.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.5%)
  • The Vanguard Group, Inc. (2.4%)
  • Daiwa Asset Management Co. Ltd. (2.2%)
  • Nikko Asset Management Co., Ltd. (2.2%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (1.9%)
  • Asahi Kasei Corp. (1.7%)
  • Sumitomo Mitsui Financial Group, Inc. (1.5%)

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.
  • Wako Shokuhin Kogyo KK
  • Asahi Beer Engineering Co. Ltd.
  • Satsumatsukasa Shuzo Co. Ltd.
  • Asahi Logistics Co. Ltd.
  • Asahi Food & Healthcare Ltd.
  • West Japan Asahi Draft Beer Service Ltd.

Competitors

  • Anheuser-Busch InBev SA/NV
  • Carlsberg A/S Class B
  • Molson Coors Beverage Company Class B
  • Kirin Holdings Company, Limited
  • San Miguel Corp.
  • Coca-Cola Company
  • Saigon Beer Alcohol Beverage Corp.
  • Constellation Brands, Inc. Class A
  • Beijing Yanjing Brewery Co., Ltd. Class A
  • Diageo plc
  • Anadolu Efes Biracilik ve Malt Sanayii A.S.
  • Brown-Forman Corporation Class B
  • Tsingtao Brewery Co., Ltd. Class H
  • Heineken NV
  • China Resources Beer (Holdings) Co. Ltd.
  • Heineken Holding N.V.
  • Top Frontier Investment Holdings, Inc.
  • San Miguel Food & Beverage, Inc.
  • Molson Coors Canada Inc. Class B
  • Budweiser Brewing Co. APAC Ltd.
  • Cardiovascular Systems, Inc.
Last Updated on 1 Dec, 2020

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