Asahi Group Holdings Ltd

Overview

Asahi Group Holdings Ltd. is a Japan-based global beverage and food group whose businesses span alcoholic beverages—including beer and other beer-type products—non-alcoholic beverages, and food products. Its major geographic regions are Japan & East Asia, Europe, and Asia Pacific, with production sites across Japan, Europe, and Asia Pacific. The group traces its origins to Osaka Brewery, founded in 1889.[1]+2

Asahi Group’s purpose is “Make the world shine through genuine connections.” In FY2025, it reported consolidated net sales of ¥2,894.7 billion and had 28,560 employees as of December 31, 2025.[4]+2 [1]+5

Products & services

Asahi Group Holdings’ beverage portfolio includes beer and beer-like products, whisky and other spirits, ready-to-drink beverages, wine, shochu, non-alcoholic beverages and soft drinks. Named brands include Asahi Super Dry, Peroni Nastro Azzurro, Kozel and Nikka. Asahi describes Super Dry as smooth, crisp and dry, and attributes its characteristic profile to proprietary yeast No. 318 and its fermentation conditions.[7][8]

Non-alcoholic and soft-drink products include Asahi Super Dry 0.0%, Peroni Nastro Azzurro 0.0%, Mitsuya, CALPIS and WONDA. Asahi says its Dry Zero is made without wort and uses a small amount of MBT to reproduce a characteristic fermented aroma; the company describes this method as patented. CALPIS product development includes stabilizing milk proteins for a smooth mouthfeel and using multilayer bottles designed to protect flavor from light and oxygen.[7]+2

Its food and healthcare-related offerings include Mintia and Amano Foods brands, freeze-dried miso soup and meals, infant and senior foods, dietary supplements, seasonings and skincare. Asahi’s freeze-dried-food development focuses on selecting ingredients and adjusting drying conditions to preserve flavor and texture.[7]+2

For FY2025, alcohol beverages generated about 72.6% of consolidated revenue, soft drinks 21.5%, food and pharmaceuticals 4.3%, and other activities 2.0%, calculated from the reported category revenues and total.[13] [13]+6

Geographic presence

Asahi Group Holdings is headquartered in Tokyo, Japan. Its three reporting regions are Japan & East Asia, Europe, and Asia Pacific. In H1 2026, regional revenue was ¥635.1 billion in Japan & East Asia, ¥405.3 billion in Europe, and ¥412.0 billion in Asia Pacific; “Other” contributed ¥17.2 billion, before ¥5.6 billion of corporate and elimination adjustments.[14] For FY2025, external-customer revenue was ¥1,320.740 billion in Japan & East Asia (45.6% of the total), ¥765.736 billion in Europe (26.5%), ¥781.546 billion in Asia Pacific (27.0%), and ¥26.653 billion in Other (0.9%).[15]

The production footprint listed in the 2025 factbook includes Japan; Italy, the Netherlands, Poland, the Czech Republic, Slovakia, Romania, Hungary and the UK; and Australia, New Zealand, Malaysia, Indonesia and Myanmar.[1][16] The company describes its overall footprint as spanning more than 100 markets and over 60 production bases.[17] It reported 28,560 net employees as of December 31, 2025; the cited company profile does not provide a regional employee breakdown.[6] [14]+5

Business segments

As of 2 October 2026, Asahi Group Holdings’ latest full-year segment reporting is for FY2025. It reports three regional segments: Japan & East Asia, covering alcohol beverages, soft drinks, food and pharmaceuticals; Europe, focused on alcohol beverages; and Asia Pacific, covering alcohol beverages and soft drinks.[18]+3

By FY2025 external-customer revenue, Japan & East Asia contributed ¥1,320,740 million (approximately 45.6% of consolidated revenue), Europe ¥765,736 million (26.5%), and Asia Pacific ¥781,546 million (27.0%). “Other” contributed ¥26,653 million (0.9%) but is not identified as a reportable segment.[15] The regional structure was revised in 2025 from Japan, Europe, Oceania and Southeast Asia to Japan & East Asia, Europe and Asia Pacific.[22]+2

The company also presents an alternative breakdown by product/business category: alcohol beverages, soft drinks, food and pharmaceuticals, and Other. FY2025 category revenues were ¥2,108,040 million, ¥613,256 million, ¥136,323 million and ¥47,613 million, respectively; these are a separate disaggregation and should not be added to the regional segment figures.[25][26] [18]+9

Company history

Asahi’s predecessor, Osaka Brewery, was founded in November 1889, and launched Asahi Beer in 1892. It introduced Asahi Nama Beer in 1900, described in the company timeline as Japan’s first bottled unpasteurized beer. Osaka Brewery joined two other brewers to form Dai Nippon Brewery in 1906; after that company was split in 1949, Asahi Breweries was established.[27]

Asahi introduced Asahi Gold, identified in its timeline as Japan’s first canned beer, in 1958, and launched Asahi Super Dry in 1987. It expanded internationally from the 1990s, including entering China in 1994, and made Nikka Whisky Distilling a wholly owned subsidiary in 2001. Acquisitions and restructuring followed: it acquired Schweppes Australia and a stake in Tsingtao Brewery in 2009, became a holding company under the Asahi Group Holdings name in 2011, and acquired Calpis in 2012. In 2016 it entered Europe through the acquisition of beer businesses in Italy, the Netherlands and the UK; in 2020 it completed its acquisition of Carlton & United Breweries in Australia.[27]+4 [27]+4

Sources

• Asahi Group Holdings Ltd — Additional data (2025 Y)
  6 citations

  [1][2][5][16][27][28]
• www.asahigroup-holdings.com[3]
• www.asahigroup-holdings.com[4]
• www.asahigroup-holdings.com[6]
• www.asahigroup-holdings.com[7]
• www.asahigroup-holdings.com[8]
• www.asahigroup-holdings.com[9]
• www.asahigroup-holdings.com[10]
• www.asahigroup-holdings.com[11]
• www.asahigroup-holdings.com[12]
• Asahi Group Holdings Ltd — Full financial report (2025 Y)
  11 citations

  [13][15][18][19][20][21][22][23][24][25][26]
• Asahi Group Holdings Ltd — Presentation (2026 H 1)[14]
• www.asahigroup-holdings.com[17]
• Asahi Group Holdings Ltd — Additional data (2024 Y)[29]
• www.asahigroup-holdings.com[30]
• www.asahigroup-holdings.com[31]