Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
44.8
% (year-on-year change in operating income)Wording
Conditional
How definitive the wording is.Results for this period
Third quarter1 January 2026 to 30 September 2026ConsolidatedIFRSNet Sales2,308,641¥ millionsYear on year +7.1%Progress 71.7%
Operating profit229,858¥ millionsYear on year +44.8%Progress 77.4%
Ordinary income221,116¥ millionsYear on year +45.7%Progress 80.7%
Net income attributable to owners of the parent159,527¥ millionsYear on year +55.2%Progress 82.2%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥109.07
Financial position at period-end
Total assets6,081,767¥ millions
of which net assets 3,102,649 ¥ millionsEquity ratio 50.9%vs. prior year-end +1.1pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+357,876
Investment-86,085
Financials-180,831
Net change+90,960
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ millions).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥237,208 millions
Segment revenueJapan and East Asia ¥1,011,709 millions (YoY -1.6%), Europe ¥654,900 millions (YoY +12.4%), Asia Pacific ¥624,848 millions (YoY +17.6%), Other (outside reportable segments) ¥26,620 millions (YoY +32.3%)
Segment profitJapan and East Asia ¥87,914 millions (YoY -12.0%), Europe ¥100,313 millions (YoY +9.2%), Asia Pacific ¥70,144 millions (YoY +17.9%), Other (outside reportable segments) ¥4,691 millions (YoY +19.4%)
Regional sales¥1,011,709 millions (YoY -1.6%), ¥654,900 millions (YoY +12.4%), ¥624,848 millions (YoY +17.6%)
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥3,220,000 millions (YoY +11.2%)
Operating profit¥297,000 millions (YoY +59.8%)
Ordinary income¥274,000 millions (YoY +52.8%)
Net income¥194,000 millions (YoY +59.6%)
Annual Dividend Forecast¥52 → ¥57
Factors Behind Changes in Business Performance
Premium strategies, expansion of global brands, increased investment in BAC, various cost-efficiency measures, and foreign exchange movements. Japan and East Asia reported lower profit due to system disruptions caused by a cyberattack and higher raw material-related costs.
Disclosure regarding the going concern assumption
No applicable matters
Change in accounting policy
基準改正に伴う変更 Availableそれ以外の変更 No見積りの変更 No修正再表示 Not disclosed
Changes in the scope of consolidationNew 0 / Excluded 0 / Company name None
Material subsequent eventsOn 7 October 2026, the company was subject to a compulsory investigation by the Japan Fair Trade Commission in connection with suspected violations of the Antimonopoly Act by Asahi Breweries, Ltd. The investigation is ongoing, and it is currently difficult to reasonably estimate the amount of any impact.
Impairment loss¥2,389 millions
Depreciation and amortization¥131,107 millions
Availability of Supplementary Financial Results MaterialsAvailable
Availability of Financial Results BriefingHeld ( 대상者: Not disclosed)
Issued Shares at Period-End1,521,010,086
Treasury Shares at Period-End58,348,289
| Item | Details |
|---|---|
| Fiscal Period Classification | Third quarter |
| Accounting standards | IFRS |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 January 2026 to 30 September 2026 |
| Net Sales | ¥2,308,641 millions (YoY +7.1%) |
| Operating profit | ¥229,858 millions (YoY +44.8%) |
| Ordinary income | ¥221,116 millions (YoY +45.7%) |
| Profit attributable to owners of the parent | ¥159,527 millions (YoY +55.2%) |
| Net income per share | ¥109.07 |
| Equity ratio | End of the current fiscal period 50.9 / End of previous period 49.8 |
| Total assets | ¥6,081,767 millions |
| Net assets | ¥3,102,649 millions |
| Cash flows from operating activities | ¥357,876 millions |
| Cash flows from investing activities | ¥-86,085 millions |
| Cash flows from financing activities | ¥-180,831 millions |
| Cash and cash equivalents at end of period | ¥237,208 millions |
| Full-year earnings forecast | Net Sales ¥3,220,000 millions (YoY +11.2%) / Operating profit ¥297,000 millions (YoY +59.8%) / Ordinary income ¥274,000 millions (YoY +52.8%) / Net income ¥194,000 millions (YoY +59.6%) |
| Annual Dividend Forecast | ¥52 → ¥57 |
| Segment revenue | Japan and East Asia ¥1,011,709 millions (YoY -1.6%), Europe ¥654,900 millions (YoY +12.4%), Asia Pacific ¥624,848 millions (YoY +17.6%), Other (outside reportable segments) ¥26,620 millions (YoY +32.3%) |
| Segment profit | Japan and East Asia ¥87,914 millions (YoY -12.0%), Europe ¥100,313 millions (YoY +9.2%), Asia Pacific ¥70,144 millions (YoY +17.9%), Other (outside reportable segments) ¥4,691 millions (YoY +19.4%) |
| Regional sales | ¥1,011,709 millions (YoY -1.6%), ¥654,900 millions (YoY +12.4%), ¥624,848 millions (YoY +17.6%) |
| Depreciation and amortization | ¥131,107 millions |
| Impairment loss | ¥2,389 millions |
| Disclosure regarding the going concern assumption | No applicable matters |
| Change in accounting policy | Changes due to revisions to standards Available / Other changes No / Change in accounting estimate No / Restatement Not disclosed |
| Changes in the scope of consolidation | New 0 / Excluded 0 / Company name None |
| Material subsequent events | On 7 October 2026, the company was subject to a compulsory investigation by the Japan Fair Trade Commission in connection with suspected violations of the Antimonopoly Act by Asahi Breweries, Ltd. The investigation is ongoing, and it is currently difficult to reasonably estimate the amount of any impact. |
| Availability of Supplementary Financial Results Materials | Available |
| Availability of Financial Results Briefing | Held ( 대상者: Not disclosed) |
| Issued Shares at Period-End | 1,521,010,086 |
| Treasury Shares at Period-End | 58,348,289 |
| Factors Behind Changes in Business Performance | Premium strategies, expansion of global brands, increased investment in BAC, various cost-efficiency measures, and foreign exchange movements. Japan and East Asia reported lower profit due to system disruptions caused by a cyberattack and higher raw material-related costs. |
Items this document does not state (6)
Operating MarginRevision to Earnings ForecastPayout ratioShareholder Return PolicyOrders received and order backlogBreakdown of extraordinary income (loss)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company said it pursued premium strategies in each region, expanded its global brands, strengthened investment in BAC, and improved cost efficiency. While foreign exchange movements also contributed to results, system disruptions caused by a cyberattack and higher raw material-related costs were factors behind the decline in profit in Japan and East Asia.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.