Pursuing “Glocal Value Creation Management”
Through Building Value in Partnership with Our Stakeholders
The novel coronavirus (COVID-19) pandemic continues to spread around the world, with no end yet in sight. I would like to express my heartfelt sympathy to those affected by COVID-19 and their families and my deepest respect and gratitude to the healthcare professionals and others battling on the front lines.
Last year, we worked to enhance the value of core brands in each business and offer new value propositions based on the Asahi Group Philosophy and our Medium-Term Management Policy. Nevertheless, the worldwide slump in the food service industry and other impacts from the pandemic led to an adverse business environment the likes of which we have never before experienced. Meanwhile, in June we completed procedures to acquire Carlton & United Breweries, which as Australia’s largest brewer, has a strong brand portfolio and thereby achieved world-class profitability. This acquisition has enabled us to establish a robust global business platform with three core pillars in Japan, Europe, and Australia.
Although the negative impacts of the pandemic look set to continue this year, we will work to further bolster the resilience of each of our businesses by responding rapidly to structural changes in society with an eye to the new normal. We will also continue to focus on efforts to further enhance our ESG performance—something that underpins our value creation process. We intend to vigorously pursue “Glocal (think globally, act locally) Value Creation Management” by building value through powerful partnerships with our stakeholders.
The Asahi Group has brands that are cherished both globally and locally, technologies for ensuring the highest levels of production quality, and employees committed to working together as a team to realize the Asahi Group Philosophy. We aim to achieve sustained growth and medium to long-term enhancement of our corporate value by aligning all Group employees around the world towards the goal of creating value that is unique to Asahi Group.
We request your continued guidance and support.
President and Representative Director, CEO