Sapporo Holdings ( (SOOBF) ) has released its Q4 earnings. Here is a breakdown of the information Sapporo Holdings presented to its investors.
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Sapporo Holdings Limited is a Japanese company primarily engaged in the production and sale of alcoholic beverages, food and soft drinks, and real estate leasing and development, with a notable presence in the beer market both domestically and internationally.
Sapporo Holdings’ financial results for the year ended December 31, 2024, indicated a mixed performance with an increase in consolidated revenue by 2.3% to ¥530,783 million, driven by strong beer sales in Japan and international markets, despite a decrease in overall profit due to impairment losses.
Key financial metrics showed that core operating profit rose by 41% to ¥22,038 million, attributed to strong sales in the Alcoholic Beverages and Real Estate segments, and strategic cost management. However, the overall operating profit and profit attributable to owners of the parent witnessed declines due to goodwill impairment from a past acquisition. Cash flows from operating activities decreased to ¥36,109 million, while cash and cash equivalents increased significantly by 40% to ¥24,140 million, indicating strong cash management.
Looking ahead, Sapporo Holdings aims to further its growth strategy under its medium-term management plan, focusing on structural reforms and expanding its market presence. Despite anticipated challenges such as rising logistics and raw material costs, the company expects revenue and profits to increase in 2025 through strategic pricing, cost control, and market expansion initiatives.
