Asahi Breweries Ltd. (2502.TO) said Thursday its net profit surged during the fiscal first quarter ended March 31, as lower advertising outlays canceled out a special loss caused by the March 11 earthquake and tsunami. (more…)
Japan’s major brewers said that it is still too soon to quantify the whole damage of the earthquake and tsunami happening last week in Japan. Not only were several facilities damaged, but countless staff were impacted. Kirin seems to be the most severely impacted. (more…)
Australia’s competition watchdog blocked Japanese group Asahi Breweries’ A$364 million acquisition of P&N Beverages on concerns the deal will remove an affective competitor from the soft drinks market. (more…)
Monthly sales of Asahi Breweries in January 2011 (more…)
Japanese beverage giant Asahi Breweries has taken itself out of the running to buy Foster’s beer arm in the lead up to the historic $11 billion demerger of the Australian brewer. (more…)
Suntory Holdings Ltd. plans to spend up to 200 billion yen on corporate mergers and acquisitions in Southeast Asia as it seeks a bigger slice of the market there, according to Suntory President Nobutada Saji. (more…)
Japan’s Asahi Breweries (2502.T) has no interest in buying Australia’s Foster’s Group (FGL.AX) at this time (more…)
Asahi Breweries Ltd. (2502.TO) said Tuesday its net profit for the fiscal year ended Dec. 31 rose 11% from the previous year, thanks to strength in its domestic soft drink business and higher overseas sales after its purchase of Schweppes. (more…)
Asahi Breweries Ltd. (2502.TO) regained the top spot in the Japanese beer market in 2010 in terms of number of cases shipped (more…)
Asahi Breweries Ltd. gained the biggest domestic market share for the first time in two years in 2010, according to data five major brewers released Monday. (more…)
