Hit by restaurant closures, Japan's beer-makers double down on canned beer
With the state of emergency dealing a further blow to on-site sales, tapping into the growing market of home drinkers and health-conscious consumers has become essential.
New Asahi CEO sees post-pandemic bounce in Super Dry beer demand
Atsushi Katsuki, who wants to see the beer break into the top 10 globally, predicts that post-pandemic consumption will surge due to people’s pent-up demand for socializing.
However, sales sagged for so-called third-sector quasi-beer products, for which the tax was raised.
Japan brewers bet on tax cut to revive pandemic-hit sales
As of Thursday, the government is starting to bring taxes of different varieties of alcoholic products more in line with each other.
Four major Japanese beer makers separately said Thursday that their sales of beer and quasi-beer products in August fell from a year earlier, against the backdrop of the coronavirus pandemic. Sales in volume terms were down 18 percent at Sapporo Breweries Ltd., 12 percent at ...
Coca-Cola Strawberry versus Asahi's Lemola: Which does fruit better?
Two prominent Japanese beverage companies are offering consumers a choice: something entirely new, or a revived Showa Era flavor.
Asahi Breweries to lift ban on regular workers taking side jobs from Jan. 1
Asahi Breweries Ltd. said Thursday it will allow most of its regular workers to take casual side jobs from Jan. 1. At present, the unit of Asahi Group Holdings Ltd. permits such side jobs to be taken only by re-employed workers over retirement age. The option ...
Asahi Breweries to stop disclosing sales volume data amid strengthening competition for top spot
Asahi Breweries Ltd. says it will stop releasing sales volume data for its beer and quasi-beer products this month, switching in January to the disclosure of the value of sales. The major beer-maker is apparently intending to put more emphasis on boosting its profitability while ...
Blow for AB InBev's $11 billion asset sale to Asahi as Australian regulators raise concerns
Australia's competition regulator has raised concerns over an $11 billion deal by Anheuser-Busch InBev to sell its local operations to Japan's Asahi Group Holdings Ltd., dealing a blow to the world's largest brewer's efforts to cut debt. The Belgium-based brewer, weighed down with some $100 ...
Asahi to again slash full-year forecast as overseas push leaves brewer vulnerable
Asahi Group Holdings Ltd. lowered its annual sales and profit forecast again as its $22 billion push into overseas markets makes Japan's largest brewer more vulnerable to currency swings. Consumption in the domestic market has also weakened. Operating profit will probably be ¥202 billion ($1.9 billion) ...
For Akiyoshi Koji, Asahi's bold dealmaker, beer remains at heart of global growth strategy
The biggest dealmaker in Japan this year has one thing on his mind: beer, and then more beer — more than $20 billion worth of it in the past four years, to be precise. Never mind that people around the globe are drinking less, with ...
Asahi still keen to keep buying months after $11 billion AB InBev deal
Three months after shelling out $11 billion for Anheuser-Busch InBev's Australian operations, Asahi Group Holdings Ltd. plans to keep growing via more deals. Japan's largest brewer wants to establish more hubs globally beyond Europe and Australia, Chief Executive Officer Akiyoshi Koji said in an interview ...
