Kirin Holdings Company, Limited Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2021
August 10, 2021 at 02:30 am EDT
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Kirin Holdings Company, Limited provided consolidated earnings guidance for the fiscal year ending December 31, 2021. For the year, the company expects revenue of JPY 1,870,000 million. Normalized operating profit was JPY 170,000 million. Profit was JPY 112,500 million. Basic earnings per share was JPY 103.77. Operating profit was JPY 125,500 million.
Kirin Holdings Company, Limited is a holding company organized around 3 areas of activity:
- production of beverages (61.6% of net sales): beers, wines and liqueurs (brands Budweiser, Guinness, Heineken, Franzia, Frontera, etc.), carbonated beverages (brands Kirin Lemon), fruit juices (Kirin Tropicana), mineral water (Volvic and Kirin Alkali-Ion-no-Mizu), coffees (Kirin Fire), teas (Kirin Gogo-no-kocha), dairy products etc.;
- manufacturing of pharmaceutical products (19.3%): especially for anemia and allergies treatment;
- other (19.1%) : mainly manufacturing of food products (seasonings, food additives, etc.).
Net sales break down geographically as follows: Japan (64.1%), Oceania (9.6%), America (17.5%) and other (8.8%).