Asahi Group
Japanese company Asahi Group Holdings, Ltd., with its headquarters in Sumida, Tokyo, is a global leader in the beer, spirits, soft drinks, and food industries. The company brought about JPY 2.1 trillion in sales in 2019. Alcoholic beverage business (40.5%), foreign business (32%), soft drinks business (17.2%), food business (5.4%), and "other" business (4.9%) can be divided under Asahi's business portfolio. Of the four major beer makers in Japan, Asahi has the biggest market share (37%), followed by Kirin Beer (34%), and Suntory (16%).
Asahi expanded its geographic reach and company portfolio inorganically by purchasing highly sought-after beer businesses in Western Europe and Central Eastern Europe in response to a growing domestic Japanese beer market. As a result, Asahi now holds a sizable market share in numerous European nations, including the Czech Republic (44%), Poland (32%), Romania (36%), and Italy (18%), where beer is consumed.
As of March 2023, the market capitalization of Asahi Group is $18.78 billion. By market cap, this places Asahi Group as the 880th most valuable company in the world. The most recent financial reports for Asahi Group show that the company's current revenue (TTM) is $19.05 B. The company generated $19.95 billion in revenue in 2021, up from $19.15 billion in revenue in 2020.
Founded: 1889
Headquarters: Sumida, Tokyo, Japan
Market cap: $18.78 Billion
Revenue in 2022 (TTM): $19.05 B
Website: www.asahigroup-holdings.com/
