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Consumer Non-Durables

Kirin Holdings Co., Ltd.

Business Summary

Kirin Holdings Co., Ltd. engages in the manufacture and sale of beverages and pharmaceutical products. It operates through the following segments: Japan Beer and Spirits, Japan Non-Alcoholic Beverages, Oceania Integrated Beverages, Pharmaceuticals, and Other. The Japan Beer and Spirits segment manufactures and sells beer, sparkling wine, Western liquor, and other alcoholic beverages through its subsidiary. The Japan Non-Alcoholic Beverages segment handles the manufacture and sale of soft drinks in Japan through its subsidiary. The Oceania Integrated Beverages segment provides beer, Western liquor, dairy products, and fruit juice drinks in the Oceania region through its subsidiary. The Pharmaceuticals segment deals with prescription drugs through its subsidiary. The Other segment includes domestic wine, Myanmar liquor, North American beverage, and biochemical businesses. The company was founded on February 23, 1907 and is headquartered in Tokyo, Japan.

Financial Highlights

Dec 2021 JPYUSD
Revenue1,821.57B16,578.83M
Gross Profit784,648M7,141.39M
Operating income150,637M1,371.00M
Income before tax99,617M906.65M
Net income59,790M544.17M
EBITDA231,767M2,109.40M
Diluted EPS71.700.65
Dividends Per Share650.59
Total Assets2,471.93B21,466.13M
Total liabilities1,323.94B11,497.06M
Total equity894,179M7,765.00M
Operating cash flow219,303M1,995.96M
Currency in JPYCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 1,863.73B 1,930.52B 1,941.30B 1,849.54B 1,821.57B
Gross Profit 812,563M 805,163M 808,740M 765,430M 784,648M
Operating income 189,278M 191,174M 179,363M 147,691M 150,637M
Income before tax 233,711M 246,852M 116,823M 124,550M 99,617M
Net income 157,012M 164,202M 59,642M 71,935M 59,790M
EBITDA 258,220M 259,120M 260,105M 229,800M 231,767M
Diluted EPS 265.14 183.52 67.97 85.54 71.70
Dividends Per Share 46 51 64 65 65
Total Assets 2,398.57B 2,303.62B 2,412.87B 2,459.36B 2,471.93B
Total liabilities 1,169.43B 1,102.70B 1,266.04B 1,363.42B 1,323.94B
Total equity 957,828M 916,080M 906,576M 838,584M 894,179M
Operating cash flow 221,710M 198,051M 178,826M 164,839M 219,303M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 16,620.60M 17,479.83M 17,808.37M 17,322.94M 16,578.83M
Gross Profit 7,246.37M 7,290.31M 7,418.89M 7,169.06M 7,141.39M
Operating income 1,687.96M 1,730.97M 1,645.36M 1,383.28M 1,371.00M
Income before tax 2,084.21M 2,235.11M 1,071.66M 1,166.54M 906.65M
Net income 1,400.22M 1,486.76M 547.12M 673.74M 544.17M
EBITDA 2,302.78M 2,346.19M 2,386.04M 2,152.31M 2,109.40M
Diluted EPS 2.36 1.66 0.62 0.80 0.65
Dividends Per Share 0.41 0.46 0.58 0.60 0.59
Total Assets 21,292.25M 20,996.43M 22,202.65M 23,820.64M 21,466.13M
Total liabilities 10,381.10M 10,050.62M 11,649.86M 13,205.72M 11,497.06M
Total equity 8,502.68M 8,349.63M 8,342.08M 8,122.27M 7,765.00M
Operating cash flow 1,977.19M 1,793.24M 1,640.44M 1,543.89M 1,995.96M

Valuation Measures

Dec 2021
PER25.75
ROA2.42%
ROE6.90%
Operating margin8.26%
Profit margin3.28%

Key executives

  • President & Representative Director: Yoshinori Isozaki
  • Managing Executive Officer, Head-R&D Strategy: Koji Fukada
  • Representative Director & Vice President: Keisuke Nishimura
  • Director & Managing Executive Officer: Toshiya Miyoshi
  • Director & Managing Executive Officer: Noriya Yokota

Shareholders

  • Kirin Holdings Co., Ltd. (11.1%)
  • Nomura Asset Management Co., Ltd. (4.2%)
  • Meiji Yasuda Life Insurance Co. (3.6%)
  • BlackRock Fund Advisors (3.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
  • The Vanguard Group, Inc. (2.2%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Nikko Asset Management Co., Ltd. (1.8%)
  • BlackRock Japan Co., Ltd. (1.3%)
  • Norges Bank Investment Management (1.2%)

Contact Details

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Competitors

  • Asahi Group Holdings,Ltd.
  • Coca-Cola Company
  • Celltrion, Inc.
  • Good Drinks Australia Ltd
  • Corvus Pharmaceuticals, Inc.
  • RAPT Therapeutics, Inc.
Last Updated on 2 Dec, 2022

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