The Japanese brewer, Asahi Breweries Ltd., has posted a net profit for the year to December 2002 of Y14.75 billion, up 8.4% from 2001.
However, group sales fell from from Y1,433 billion to Y1,375 billion, the company’s first fall in consolidated sales since 1980. Asahi also reported that operating profit had fallen by 11%. The company attributed the decline in turnover to weak sales of its flagship brand, “Super Dry”.
But Asahi was upbeat about the current year, forecasting that it will post a group net profit for 2003 of Y26 billion, representing a 76.2% improvement on 2002. Group sales are forecast to rise by 6.7% to Y1,468 billion.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Drinks Excellence Awards - Nominations Closed
Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.
Discover the Impact