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 ...
Japan's four major brewers log sharp sales growth in September, buoyed by Rugby World Cup
All four major Japanese brewers enjoyed double-digit sales growth for beer and beer-like products in September compared to the same month a year before, thanks to the ongoing Rugby World Cup in Japan, according to the companies' data. Since the start of the sporting event, ...
South Korean imports of Japanese beers and autos nose-dive amid diplomatic dispute
South Korean imports of beer from Japan plunged 97 percent in August from a year earlier, a local newspaper reported, amid a popular backlash against Japanese products that has spread as relations between the two countries sour. Japanese automakers also posted sharper sales falls in ...
Get your mind off the heat with new flavors of convenience store chūhai
As summer sets in, convenience stores are filling their shelves with cans of limited-edition and refreshing chūhai cocktail flavors, though not all of them are winners...
Stay clear away from Asahi's Clear Latte
Picture this: the milky, coffee flavor of a latte, transformed into what looks like a bottle of water. That's the driving idea behind Asahi's Clear Latte.
Japan spends scant energy on renewables
Dec. 11, 2017, marked the 20th anniversary of the Kyoto Protocol, a treaty signed by 84 countries who committed to limit the release of greenhouse gases, which are considered the cause of global warming. Japan, of course, was one of the signatories, and a ...
Shut in by the past yet still unable to face the future
Mom, dad, two kids, nice house, nice suburb, good income — you just know this story is about to go smash. There's something about the 1970s and '80s that inspires nostalgia. They were to Japan what the 1950s were to the West — bland but ...
Japan's plan to export arms is lacking ammo
When U.S. President Donald Trump was here last month, he said Japan should be buying more military hardware from America, and seemed to believe it would. Trump's penchant for talking off-the-cuff is well-known, but Japan's reluctance to address the matter forthrightly may have more ...
Organ donations and transplants still face obstacles in Japan
It has been 20 years since the government legalized organ transplants from brain-dead donors, and seven years since the law was revised to allow children to donate organs and families to approve organ donations of loved ones unilaterally. But while the transplant rate in Japan ...
Identifying the 'liberal' in Japanese politics
The current group of conservative public figures in the United States wants to return to an age when certain middle-class values were ascendant, without acknowledging that many of those values were realized because President Franklin Roosevelt implemented progressive social policies and trade unions had ...
