Asahi posts 56.2% rise in H1 operating profit to 144.1 billion yen and raises full-year profit forecast sharply.
Asahi Group Holdings has announced its results for the first half of the fiscal year ending December 2026, with revenue up 7.7% year on year to 1.4639 trillion yen, operating profit up 56.2% to 144.1 billion yen, and net profit up 68.8% to 99.1 billion yen. Within that same first half, the first quarter saw revenue of 647.1 billion yen, up 2.6%, and operating profit of 32.8 billion yen, down 3.1%, a modest decline, meaning the first-half profit gain was built up during the second quarter. For the full year, the company forecasts revenue of 3.22 trillion yen, up 11.2%, operating profit of 297 billion yen, up 59.8%, and net profit of 194 billion yen, up 59.6%, and the first-half operating profit of 144.1 billion yen represents roughly half of that full-year forecast. In the fiscal year ending December 2025, operating profit was 185.8 billion yen and net profit 121.5 billion yen, both down by around 30% from the prior year, while ROE fell from 7.5% to 4.3%, operating cash flow shrank from 403.7 billion yen to 104.8 billion yen, and the company recorded an impairment loss of 27.6 billion yen. Of total assets of 6.0284 trillion yen at the end of the fiscal year ending December 2025, goodwill accounted for 2.4107 trillion yen, with total intangible assets reaching 3.6579 trillion yen.
Asahi posts 56.2% rise in H1 operating profit to 144.1 billion yen and raises full-year profit forecast sharply.