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Kirin Holdings Co


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Kirin Holdings Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Kirin Holdings Co Ltd (OTCPK:KNBWY) » Definitions
Comparable Companies
TSE:2587 TSE:2502 TSE:2501 TSE:2531 TSE:9994 XBRU:ABI XAMS:HEIA BSP:ABEV3 XAMS:HEIO HKSE:01876 OCSE:CARL B HKSE:00291 TSX:TPX.B TAP SHSE:600600 SHSE:605499 BOM:532478 SHSE:600132 SZSE:000729 SAM
Traded in Other Exchanges
KNBWF:USA 2503:Japan KIR:Germany
Address
Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, JPN, 164-0001
Website
http://www.kirinholdings.co.jp
Kirin is the second largest brewer by value in Japan, with an estimated 35.7% volume share in beer and beer-like category as of 2022. It holds a top share in happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of acholic and soft beverage products in Japan. It made several acquisitions including Lion Nathan and National Foods in Oceania, the Brazilian brewer Schincariol, and Myanmar Brewery, but has divested most of the acquired businesses except Lion. It has shifted focus back to the domestic brewery after a painful exit from Brazil in 2017 and identified craft beer and wellness as new growth drivers. Overseas business represents about 40% of group's sales. It also owns a 48.6% stake in the largest Filipino brewer San Miguel.