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'Maximising corporate value': Asahi hopes massive group restructure will enhance advantages across four key markets – FoodNavigator-Asia.com

Asahi recently announced its FY2023 full-year financial results, reporting 6.8% year-on-year growth in revenue to JPY2.77tn (US$18.4bn) and 3.9% year-on-year growth in core operating profits to JPY263.7bn (US$1.75bn).

The firm attributed the revenue growth to unit sales price increases and premiumisation.

Asahi conducted a wide-scale restructuring of its business governance in 2022, including the establishment of a six-person Executive Committee as well as separate regional headquarters with individual CEOs across its four key markets in Japan, Europe, Oceania and South East Asia.

In 2024, we will begin a transition towards our new phase of growth, with a focus on further globalisation, Asahi Group CEO and President Atsushi Katsuki told …

Read the full article at: https://www.foodnavigator-asia.com/Article/2024/02/19/Asahi-hopes-massive-group-restructure-will-enhance-advantages-across-four-key-markets

Category: RestructuringBy Insolvency Advisory AccountantsFebruary 20, 2024

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'Maximising corporate value': Asahi hopes massive group restructure will enhance advantages across four key markets – FoodNavigator-Asia.com

Asahi recently announced its FY2023 full-year financial results, reporting 6.8% year-on-year growth in revenue to JPY2.77tn (US$18.4bn) and 3.9% year-on-year growth in core operating profits to JPY263.7bn (US$1.75bn).

The firm attributed the revenue growth to unit sales price increases and premiumisation.

Asahi recently completed a wide-scale restructuring of its business governance, establishing a six-person Executive Committee as well as separate regional headquarters with individual CEOs across its four key markets in Japan, Europe, Oceania and South East Asia.

In 2024, we will begin a transition towards our new phase of growth, with a focus on further globalisation, Asahi Group CEO and President Atsushi Katsuki told the floor at the …

Read the full article at: https://www.foodnavigator-asia.com/Article/2024/02/19/asahi-hopes-massive-group-restructure-will-enhance-advantages-across-four-key-markets

Category: RestructuringBy Insolvency Advisory AccountantsFebruary 19, 2024

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PreviousPrevious post:Labour hire company Buildhub in liquidation – New Zealand HeraldNextNext post:As SpiceJet Bids For Bankrupt Go First, Here's A List Of Airlines In India That Bit The Dust – Indiatimes.com

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