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Asahi Group Holdings, Ltd. (2502.T)

JPY1,626.50 -34.00 (-2.05%)
JP JPX Consumer Defensive Beverages - Alcoholic
Address 1-23-1 Azumabashi 130-8602
Tokyo, JP
CEO Atsushi Katsuki
IPO 2000-01-04
ISIN JP3116000005

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Also trades on Other OTC · ASBRF (USD) Tokyo Stock Exchange · 2502.T (JPY)
Description

Asahi Group Holdings, Ltd. is a Japanese conglomerate that globally produces and distributes a wide array of alcoholic and non-alcoholic beverages, along with various food products. The company's business activities are structured across several divisions: Alcohol Beverages, Soft Drinks, Food, Overseas operations, and an "Others" segment. Its alcoholic product range includes imported and non-alcoholic beers, a selection of wines, shochu, whiskey, ready-to-drink options, happoshu, and spirits. For non-alcoholic refreshment, Asahi offers ciders, sparkling waters, coffees, teas, lactic acid drinks, bottled waters, sports drinks, and fruit juices. The food sector encompasses confectionery, health supplements, yeast extracts, infant formula and baby foods, skincare items, and an extensive line of freeze-dried meals such as miso, soups, porridges, and curries. These diverse goods are marketed under numerous well-known brands, including Asahi Super Dry, Mitsuya Cider, Wonda, Calpis, Peroni Nastro Azzurro, and Pilsner Urquell, among many others. In addition to manufacturing, the group operates restaurants and engages in the production of fertilizers, as well as microbiological and biochemical products. Established in Tokyo, Japan, in 1889 as Asahi Breweries, Ltd., the company officially changed its name to Asahi Group Holdings, Ltd. in July 2011.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
JPY1,626.50 -34.00 (-2.05%)
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Volume Profile
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Liquidity & share structure
Average Volume
6M
Beta
0.31
Float Shares
1.40B
Free Float %
95.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.72% -2.01% -5.72% -9.80% -13.23% -9.34% -25.19% -15.46% -4.72% +26.98% +308.58%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
1,626.50
DCF (Unlevered) 10,483.47 +544.5%
DCF (Levered) 10,445.09 +542.2%
Ratings Trend (MoM) 73% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 7 0
Hold 4 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.39
Distress
Piotroski F-Score
8 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Alcoholic: +3.3%
    +6.2% Q4'25: -4.1% (vs Q4'24)
  • EPS growth Beverages - Alcoholic: +10.1%
    +17.3% Q4'25: -63.2% (vs Q4'24)
  • FCF margin Beverages - Alcoholic: +6.4%
    +10.3% Q4'25: -10.2% (vs Q4'24)
  • EBIT margin Beverages - Alcoholic: +12.7%
    +9.7% Q4'25: +8.2% (vs Q4'24)
  • ROIC Beverages - Alcoholic: +8.1%
    +5.1% Q4'25: +4.5% (vs Q4'24)
  • Share dilution Beverages - Alcoholic: +0.4%
    -0.2% Q4'25: -3.3% (vs Q4'24)
  • Debt / EBITDA Beverages - Alcoholic: 0.08×
    3.14× Q4'25: 3.46× (vs Q4'24)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.33) × ERP
WACC = 62% × Ke + 38% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 10,198.03 Current price: 1,626.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
15 Rev. Ana.
15 EPS Ana.
Dec 2027
13 Rev. Ana.
13 EPS Ana.
Dec 2028
5 Rev. Ana.
5 EPS Ana.
Dec 2029
2 Rev. Ana.
1 EPS Ana.
Dec 2030
2 Rev. Ana.
1 EPS Ana.
Revenue
1.69T
est: 1.86T (-9.0%)
1.71T
est: 1.85T (-7.8%)
2.08T
est: 2.05T (+1.8%)
2.12T
est: 2.14T (-0.7%)
2.09T
est: 2.09T (-0.2%)
2.03T
est: 2.02T (+0.3%)
2.24T
est: 2.24T (-0.3%)
2.51T
est: 2.49T (+0.9%)
2.77T
est: 2.90T (-4.4%)
2.94T
est: 2.92T (+0.7%)
2.88T
est.
3.12T
2.95T – 3.26T
+8.2% YoY
3.27T
3.01T – 3.48T
+5.0% YoY
3.38T
3.37T – 3.40T
+3.4% YoY
3.47T
3.24T – 3.66T
+2.6% YoY
3.55T
3.30T – 3.74T
+2.1% YoY
EBITDA
211.44B
est: 267.24B (-20.9%)
219.62B
est: 266.50B (-17.6%)
300.95B
est: 294.82B (+2.1%)
330.59B
est: 307.61B (+7.5%)
326.80B
est: 301.32B (+8.5%)
296.98B
est: 291.12B (+2.0%)
358.56B
est: 322.80B (+11.1%)
384.24B
est: 358.44B (+7.2%)
411.67B
est: 431.01B (-4.5%)
443.06B
est: 434.77B (+1.9%)
429.08B
est.
464.39B
439.10B – 486.07B
+8.2% YoY
487.42B
447.70B – 518.03B
+5.0% YoY
503.77B
501.14B – 506.40B
+3.4% YoY
517.02B
481.72B – 545.42B
+2.6% YoY
528.06B
492.01B – 557.07B
+2.1% YoY
EBIT
140.69B
est: 161.76B (-13.0%)
148.49B
est: 161.31B (-7.9%)
199.13B
est: 178.45B (+11.6%)
221.38B
est: 186.19B (+18.9%)
213.76B
est: 182.39B (+17.2%)
173.70B
est: 176.21B (-1.4%)
223.75B
est: 195.39B (+14.5%)
243.82B
est: 216.96B (+12.4%)
263.68B
est: 309.21B (-14.7%)
285.12B
est: 311.91B (-8.6%)
307.82B
est.
333.16B
315.02B – 348.71B
+8.2% YoY
349.68B
321.19B – 371.64B
+5.0% YoY
361.41B
359.52B – 363.30B
+3.4% YoY
370.92B
345.59B – 391.29B
+2.6% YoY
378.84B
352.97B – 399.64B
+2.1% YoY
Net Income
75.77B
est: 87.09B (-13.0%)
89.22B
est: 92.31B (-3.4%)
141.00B
est: 133.85B (+5.3%)
151.08B
est: 161.88B (-6.7%)
142.21B
est: 160.44B (-11.4%)
92.83B
est: 94.53B (-1.8%)
153.50B
est: 151.99B (+1.0%)
151.56B
est: 152.78B (-0.8%)
164.07B
est: 174.64B (-6.1%)
192.08B
est: 191.13B (+0.5%)
141.01B
est.
185.93B
156.34B – 219.28B
+31.9% YoY
207.09B
173.63B – 246.59B
+11.4% YoY
229.31B
224.04B – 289.62B
+10.7% YoY
272.43B
248.25B – 291.88B
+18.8% YoY
303.30B
276.38B – 324.96B
+11.3% YoY
SGA
405.05B
est: 456.87B (-11.3%)
428.41B
est: 455.60B (-6.0%)
529.40B
est: 504.02B (+5.0%)
527.40B
est: 525.88B (+0.3%)
509.67B
est: 515.13B (-1.1%)
496.89B
est: 497.69B (-0.2%)
547.26B
est: 551.86B (-0.8%)
593.48B
est: 612.78B (-3.1%)
642.51B
est: 694.90B (-7.5%)
711.31B
est: 700.95B (+1.5%)
691.77B
est.
748.71B
707.94B – 783.66B
+8.2% YoY
785.84B
721.80B – 835.20B
+5.0% YoY
812.20B
807.96B – 816.44B
+3.4% YoY
833.56B
776.65B – 879.35B
+2.6% YoY
851.36B
793.23B – 898.12B
+2.1% YoY
EPS
54.94
est: 57.41 (-4.3%)
64.92
est: 60.86 (+6.7%)
102.59
est: 88.24 (+16.3%)
109.93
est: 106.72 (+3.0%)
103.48
est: 105.77 (-2.2%)
65.51
est: 62.32 (+5.1%)
100.97
est: 100.20 (+0.8%)
99.70
est: 99.71 (0.0%)
107.94
est: 114.89 (-6.1%)
126.66
est: 127.11 (-0.4%)
95.82
est.
122.88
103.07 – 144.56
+28.2% YoY
138.93
114.47 – 162.56
+13.1% YoY
165.43
147.70 – 190.93
+19.1% YoY
179.60
163.66 – 192.43
+8.6% YoY
199.95
182.20 – 214.23
+11.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A- 4/5 5/5 3/5 3/5 2/5 3/5 4/5
2026-05-11 A- 4/5 5/5 3/5 3/5 2/5 3/5 4/5
2026-05-08 B+ 3/5 5/5 2/5 3/5 2/5 3/5 4/5
2026-05-07 B+ 3/5 5/5 2/5 3/5 2/5 3/5 4/5
2026-05-01 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-30 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-28 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-27 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-24 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-23 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-22 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-21 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-20 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-17 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-16 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-15 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-14 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-13 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5
2026-04-10 A- 4/5 5/5 2/5 4/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
217.35B
OE per share TTM
144.19
Owner's Yield
9.56%
Maintenance CapEx ratio
67.44%
Maint CapEx / Avg PPE
34.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
9.48M
Shares Outstanding
1.46B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Atsushi Katsuki President, Group CEO, Director and Representative Executive Officer 346M male
Kaoru Sakita Group CFO, Director & Executive Officer 127M male
Keizo Tanimura Group Chief People Officer, Director & Executive Officer 127M male
Naoko Nishinaka Executive Officer & Company Secretary 87M female
Manabu Sami Group Chief R&D Officer and Executive Officer male
Naohiko Maeda Group Chief Supply Chain Officer & Executive Officer
Ryoichi Kitagawa Senior VP & Executive Officer male
Sasana Nemoto Head of Corporate Communications
Amanda Sellers Group CEO of Asahi Beverages Pty. Ltd.
Taemin Park Executive Officer & Group Chief Growth Officer male
Dragos Constantinescu CEO of Asahi Europe and International, Ltd male
Drahomira Mandikova Group Chief Corporate Affairs Officer & Executive Officer female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits