Announcement Regarding Cash Dividends from Retained Earnings
Asahi Group Holdings, Ltd. (the “Company”) announces that its Board of Directors has resolved at its meeting held on February 10, 2026 to pay a year-end cash dividend of which the record date is December 31, 2025, as outlined below.
The payment of the dividend was formally approved at the Annual General Meeting of Shareholders of the Company held today, March 24, 2026.
| Resolved | Immediate forecast (As of Mar.10, 2026) |
Previous year (FY ended Dec. 31, 2024) |
|
|---|---|---|---|
| Record date | December 31, 2025 | December 31, 2025 | December 31, 2024 |
| Dividend per share | JPY 26.0 | JPY 26.0 | JPY 27.0 |
| Total amount of dividends |
JPY 38,034 million | － | JPY 40,587 million |
| Payable date | March 25, 2026 | － | March 27, 2025 |
| Source of dividends | Retained earnings | － | Retained earnings |
The Company analyzed and evaluated its share price at the Board of Directors and, in consideration of ongoing dialogue with capital markets, updated the guidelines for key performance indicators and the financial policy in the "Medium- to Long-Term Management Policy" in February 2025. Under the financial policy, with 2030 as an indicative timeframe, the Company seeks to enhance corporate value by prioritizing growth investments while maintaining financial soundness and at the same time allocating capital to improve capital efficiency and enhance shareholder returns. Regarding shareholder returns, the Company is targeting DOE*¹ ratio of 4% and higher, and aims to maintain more stable dividend increases through progressive dividends*², as well as implement the acquisition of treasury shares on a flexible basis.
Regarding the year-end dividend for this fiscal year, the financial statements for the fiscal year ended December 2025 have not yet been finalized due to the impact of the system disruption caused by the cyberattack on the Company in September 2025. In accordance with the Companies Act, the dividend amount has been determined to be within the distributable amount calculated based on the financial statements for the fiscal year ended December 2024, which have already been finalized, and is also reasonably deemed to be within the distributable amount for the fiscal year ended December 2025, even after considering the impact of the cyberattack. Accordingly, the Company will pay a dividend of JPY 26.0 per share as described below.