
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