ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Myanmar Crisis

Kirin forecasts profit growth in Myanmar despite coup

Japanese brewer seeks new joint-venture partner to replace military-linked group

Kirin's business in Myanmar has expanded rapidly, but the coup has thrown a wrench into the Japanese brewer's plans there. (Source photos by Yuichi Nitta and Yoichi Iwata) 

TOKYO -- Kirin Holdings on Monday raised its full-year net income forecast for the year through December to 103 billion yen ($980 million), up 43.2% from a year earlier, after the drinks company announced its intention to extricate itself from joint ventures with a military-linked partner in Myanmar.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more