Asahi Group Holdings FY2025 Financial Results
- Revenue declined 1.5% YoY, or 1.4% on a constant currency basis.
- Core operating profit declined 7.8% YoY.
- Total sales volume of our global brands grew, with Asahi Super Dry up 15% YoY and Peroni Nastro Azzurro up 6% YoY. *1
- Unit sales price*2 increased 2.9% YoY, reflecting progress in premiumization.
- For 2026, revenue is forecast to increase 11.2% YoY (5.4% on a constant currency basis), while core operating profit is forecast to increase 10.6% YoY (3.2% on a constant currency basis).
*2 Beer, beer-like beverages and non-alcohol adult beverages (beer taste) categories.
“In 2025, we made steady progress in advancing our premium strategy and earnings structure reforms across the Group. However, the cyberattack in September 2025 resulted in system disruption in Japan that caused inconvenience and concern for many of our stakeholders. Since then, we have continued to strengthen our information security measures from both technical and governance perspectives. We remain committed to continuously enhancing our capabilities to prevent a recurrence.
Looking ahead, we will work to steadily expand our business performance by ensuring a recovery in the Japan & East Asia segment while continuing to invest in growth initiatives in the Europe and Asia Pacific segments. Under our premium strategy, one of the Group's core growth pillars, we will further concentrate our efforts and investment on our global brands and expand our Beer Adjacent Categories—including non-alcohol adult beverages, RTDs, and adult soft drinks—by delivering value propositions tailored to consumer needs in each market.
In the second half of this year, we expect to complete the acquisition of Diageo plc’s East African business. By bringing together the strengths of both businesses, including their brands and talent, we aim to further enhance our corporate value. ”
Looking ahead, we will work to steadily expand our business performance by ensuring a recovery in the Japan & East Asia segment while continuing to invest in growth initiatives in the Europe and Asia Pacific segments. Under our premium strategy, one of the Group's core growth pillars, we will further concentrate our efforts and investment on our global brands and expand our Beer Adjacent Categories—including non-alcohol adult beverages, RTDs, and adult soft drinks—by delivering value propositions tailored to consumer needs in each market.
In the second half of this year, we expect to complete the acquisition of Diageo plc’s East African business. By bringing together the strengths of both businesses, including their brands and talent, we aim to further enhance our corporate value. ”