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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 2020 JPYUSD
Revenue2,027.76B18,992.13M
Gross Profit683,777M6,404.29M
Operating income173,703M1,626.91M
Income before tax125,399M1,174.49M
Net income92,825M869.40M
EBITDA296,980M2,781.53M
Diluted EPS196.491.84
Dividends Per Share1060.99
Total Assets4,439.37B42,998.47M
Total liabilities2,921.56B28,297.35M
Total equity1,516.12B14,684.72M
Operating cash flow275,859M2,583.71M
Currency in JPYCurrency in USD

Historical Data

 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 1,706.90B 2,084.87B 2,120.29B 2,089.04B 2,027.76B
Gross Profit 576,892M 740,202M 761,148M 736,259M 683,777M
Operating income 148,487M 199,133M 221,384M 213,760M 173,703M
Income before tax 150,068M 196,984M 207,308M 197,391M 125,399M
Net income 89,220M 141,003M 151,077M 142,206M 92,825M
EBITDA 219,618M 300,946M 330,590M 326,796M 296,980M
Diluted EPS 194.75 307.77 329.78 310.41 196.49
Dividends Per Share 54 75 99 100 106
Total Assets 2,094.33B 3,346.82B 3,079.31B 3,140.78B 4,439.37B
Total liabilities 1,248.52B 2,194.07B 1,929.66B 1,892.50B 2,921.56B
Total equity 836,354M 1,145.13B 1,146.42B 1,246.31B 1,516.12B
Operating cash flow 154,452M 231,712M 252,441M 253,469M 275,859M
 Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020
Revenue 15,708.80M 18,592.78M 19,198.08M 19,163.67M 18,992.13M
Gross Profit 5,309.20M 6,601.06M 6,891.78M 6,753.99M 6,404.29M
Operating income 1,366.54M 1,775.85M 2,004.51M 1,960.90M 1,626.91M
Income before tax 1,381.09M 1,756.68M 1,877.06M 1,810.74M 1,174.49M
Net income 821.10M 1,257.45M 1,367.92M 1,304.51M 869.40M
EBITDA 2,021.16M 2,683.81M 2,993.31M 2,997.83M 2,781.53M
Diluted EPS 1.79 2.74 2.98 2.84 1.84
Dividends Per Share 0.49 0.66 0.89 0.91 0.99
Total Assets 17,956.29M 29,709.91M 28,066.49M 28,900.74M 42,998.47M
Total liabilities 10,704.58M 19,476.88M 17,587.97M 17,414.35M 28,297.35M
Total equity 7,170.69M 10,165.42M 10,449.07M 11,468.26M 14,684.72M
Operating cash flow 1,421.43M 2,066.39M 2,285.71M 2,325.17M 2,583.71M

Valuation Measures

Dec 2020
PER21.59
ROA2.44%
ROE6.72%
Operating margin8.56%
Profit margin4.57%

Key executives

  • President, CEO & Representative Director: Atsushi Katsuki
  • Executive Officer & General Manager-Finance: Shunjiro Sakano
  • Director & Chief Supply Chain Officer: Yutaka Hemmi
  • Director & Chief Human Resources Officer: Keizo Tanimura
  • Director & Chief Alliance Officer: Taemin Park

Shareholders

  • Nomura Asset Management Co., Ltd. (5.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.3%)
  • Asset Management One Co., Ltd. (3.3%)
  • Nikko Asset Management Co., Ltd. (2.4%)
  • Daiwa Asset Management Co. Ltd. (2.4%)
  • Dai-ichi Life Holdings, Inc. (2.2%)
  • The Vanguard Group, Inc. (2.1%)
  • Fukoku Mutual Life Insurance Co. (Investment Portfolio) (1.9%)
  • Sumitomo Mitsui Financial Group, Inc. (1.5%)
  • BlackRock Fund Advisors (1.5%)

Contact Details

Related Companies

  • Grolsch Brewery
  • Asahi Biocycle Co., Ltd.
  • Asahi Quality & Innovations Ltd.
  • Asahi Beer Taiwan Co., Ltd.
  • Plzensky Prazdroj Slovensko AS
  • Asahi Europe & International Ltd.
  • Asahi Calpis Wellness Co., Ltd.
  • 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.
  • 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.
  • Asahi Beverages New Zealand Ltd.

Competitors

  • Anheuser-Busch InBev SA/NV
  • Molson Coors Beverage Company Class B
  • Sapporo Holdings Limited
  • Kirin Holdings Company, Limited
  • Carlsberg AS Class B
  • San Miguel Corp.
  • Constellation Brands, Inc. Class A
  • Coca-Cola Company
  • Beijing Yanjing Brewery Co., Ltd. Class A
  • Diageo plc
  • Anadolu Efes Biracilik ve Malt Sanayii A.S.
  • Brown-Forman Corporation Class B
  • Heineken NV
  • Tsingtao Brewery Co., Ltd. Class H
  • 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
  • Top Shelf International Holdings Ltd.
  • Compagnie de Saint-Gobain SA
  • Cardiovascular Systems, Inc.
  • UE Furniture Co., Ltd. Class A
Last Updated on 26 Oct, 2021

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