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 2022
JPY USD Revenue 2,511.10B 19,091.86M Gross Profit 852,389M 6,480.68M Operating income 243,818M 1,853.73M Income before tax 205,992M 1,566.14M Net income 151,555M 1,152.26M EBITDA 384,237M 2,921.34M Diluted EPS 299.06 2.27 Dividends Per Share 113 0.85 Total Assets 4,830.34B 36,608.76M Total liabilities 2,767.39B 20,973.86M Total equity 2,060.73B 15,618.12M Operating cash flow 265,991M 2,022.32M Currency in JPY Currency in USD
Historical Data Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Revenue
2,120.29B
2,089.04B
2,027.76B
2,236.07B
2,511.10B
Gross Profit
761,148M
736,259M
683,777M
785,243M
852,389M
Operating income
221,384M
213,760M
173,703M
223,747M
243,818M
Income before tax
207,308M
197,391M
125,399M
199,826M
205,992M
Net income
151,077M
142,206M
92,825M
153,501M
151,555M
EBITDA
330,590M
326,796M
296,980M
358,562M
384,237M
Diluted EPS
329.78
310.41
196.49
302.89
299.06
Dividends Per Share
99
100
106
109
113
Total Assets
3,079.31B
3,140.78B
4,439.37B
4,547.74B
4,830.34B
Total liabilities
1,929.66B
1,892.50B
2,921.56B
2,788.59B
2,767.39B
Total equity
1,146.42B
1,246.31B
1,516.12B
1,757.10B
2,060.73B
Operating cash flow
252,441M
253,469M
275,859M
337,812M
265,991M
Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Revenue
19,198.08M
19,163.67M
18,992.13M
20,351.41M
19,091.86M
Gross Profit
6,891.78M
6,753.99M
6,404.29M
7,146.80M
6,480.68M
Operating income
2,004.51M
1,960.90M
1,626.91M
2,036.41M
1,853.73M
Income before tax
1,877.06M
1,810.74M
1,174.49M
1,818.69M
1,566.14M
Net income
1,367.92M
1,304.51M
869.40M
1,397.07M
1,152.26M
EBITDA
2,993.31M
2,997.83M
2,781.53M
3,263.41M
2,921.34M
Diluted EPS
2.98
2.84
1.84
2.75
2.27
Dividends Per Share
0.89
0.91
0.99
0.99
0.85
Total Assets
28,066.49M
28,900.74M
42,998.47M
39,492.40M
36,608.76M
Total liabilities
17,587.97M
17,414.35M
28,297.35M
24,216.03M
20,973.86M
Total equity
10,449.07M
11,468.26M
14,684.72M
15,258.59M
15,618.12M
Operating cash flow
2,285.71M
2,325.17M
2,583.71M
3,074.56M
2,022.32M
Valuation Measures
Dec 2022
PER 13.77 ROA 3.23% ROE 7.93% Operating margin 9.70% Profit margin 6.03%
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. (5.9%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.5%)
Asset Management One Co., Ltd. (3.3%)
The Vanguard Group, Inc. (2.6%)
Daiwa Asset Management Co. Ltd. (2.3%)
Nikko Asset Management Co., Ltd. (2.3%)
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%)
Related Companies
Asahi Group Beverages Innovation LLC
Asahi Holdings Southeast Asia Sdn Bhd.
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.
Competitors
Molson Coors Beverage Company Class B
Anheuser-Busch InBev SA/NV
Kirin Holdings Company, Limited
Coca-Cola Company
Heineken NV
Carlsberg AS Class B
Top Frontier Investment Holdings, Inc.
San Miguel Food & Beverage, Inc.
San Miguel Corp.
Good Drinks Australia Ltd
Tohbu Network Co., Ltd.
Bluestar Adisseo Co. Class A
Cardiovascular Systems, Inc.
UE Furniture Co., Ltd. Class A
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 30 Mar, 2023
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