Asahi Group (2502) Business Update presentation summary

Executive summary and business update

• Q3 and full-year 2025 results delayed due to a major cyberattack disrupting systems from September 29, 2025.

• Japan & East Asia segment expects lower Q4 revenue and profit, while Europe and Asia Pacific profit remains on plan despite revenue shortfalls.

• Acquired Diageo's East Africa business to enhance portfolio resilience and secure long-term growth.

• 2026 focus: strengthen cybersecurity, recover Japan & East Asia, and invest in growth for Europe and Asia Pacific.

• Key financial guidelines through 2030 remain unchanged, with capital allocated for soundness, returns, and efficiency.

Cyberattack impact and countermeasures

• Ransomware attack on September 29, 2025 led to data center quarantine, encrypted servers, and data theft.

• All Japanese administrative systems suspended, later restored; 115,513 personal information instances exposed.

• Financial results disclosure delayed; Q3 results scheduled for March 10, 2026.

• Countermeasures include IT asset management, enhanced EDR, permission controls, security training, and governance upgrades.

• Established dedicated security leadership and improved board oversight of cybersecurity.

East Africa business acquisition and performance

• Acquired 100% of Diageo Kenya and 53.68% of UDV Kenya, gaining 65% indirect stake in East African Breweries PLC for $3.0B.

• East African Breweries PLC (EABL) showed steady net sales and profit growth, with strong H1 FY2026 performance (volume +8%, net sales +11%, EBIT +20%).

• Beer markets in Kenya, Uganda, and Tanzania show positive CAGR and strong brand portfolios.

• East Africa offers high population growth, young demographics, and robust GDP growth forecasts.