Under the Medium-Term Management Policy, the company will promote "Glocal Value Creation Management" based on the "Asahi Group Philosophy".The company will prioritize the use of free cash flow generated through our business operations to reduce the debt that has increased due to the acquisition of the CUB business in Australia, and to increase our capacity for investment in growth.
At the same time, our policy for shareholder returns is to aim for a stable increase in dividends, with a target payout ratio* of around 35%.
Dividend payout ratio is calculated after the deduction of one off special factors including business portfolio restructuring and foreign exchange impact.
Fixed Date of Dividend Payout and Starting Date of Payout
|Interim Dividend||Year-end Dividend|
|Date of record||June 30||December 31|
|Payment date||Late August - Early September||The following business day of the Annual General Meeting of Shareholders|
Historical Data on Dividends per Share
|(yen / %)||＜ IFRS ＞|
|Basic earnings per share||262.2||329.0||310.4||196.5||307.85(E)|
|Dividend payout ratio||28.6||30.1||32.2||53.9||35.4(E)|