Japan's Big Four Brewers Split Between Overseas Alcohol Expansion and Health Business in Strategy to Move Beyond Domestic Beer

Corporate Action
โดย Reuters·Read original
Summary · why it matters

The growth strategies of Japan's four major domestic brewers are splitting into two paths: Sapporo Breweries and Asahi Group Holdings are expanding their traditional alcohol business into overseas markets, while Kirin Holdings and Suntory Holdings are pursuing overseas growth in the health science field. Sapporo has formed a capital and business alliance with Denmark's Carlsberg, and will expand sales of Sapporo Premium Beer in Southeast Asia through a joint venture in Singapore. Asahi has acquired the East African business of Britain's Diageo for approximately 465.4 billion yen, aiming for growth by leveraging its high market share in Kenya and Tanzania. Kirin expects its health science business to turn profitable for the first time in the fiscal year ending December 2025, targeting revenue of 500 billion yen by 2035, and is also eyeing entry into the North American market. Suntory has acquired Daiichi Sankyo Healthcare, and plans to roughly double its health segment revenue from the current 200 billion yen scale to around 400 billion yen by 2035, through synergies between brands like Loxonin and Lulu and its own health foods and beverages.

Impact on stocks 5

Consumer Staples▲ · 4 stocks
Sapporo Breweries Limited
2501
▲ PositiveDemandrelevance

Sapporo formed alliance with Carlsberg to expand Sapporo Premium Beer sales in Southeast Asia, boosting overseas demand.

Asahi Group Holdings Ltd
2502
▲ PositiveDemandrelevance

Asahi acquired Diageo's East African business for 465.4 billion yen, gaining high market share in Kenya and Tanzania to drive demand.

Biotech & Genomic Medicine▲ · 1 stocks
Kirin Holdings Co. Ltd.
2503
▲ PositiveDemandrelevance

Kirin expects health science business to turn profitable and targets 500 billion yen revenue by 2035, indicating strong end-customer demand growth.

Off-coverage companies 1

Suntory Holdings LimitedPrivate▲ Positive
Demandrelevance

Suntory acquired Daiichi Sankyo Healthcare and plans to double health segment revenue to 400 billion yen by 2035, expanding product demand.

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