ASBRF on OTC Markets Group

Asahi Breweries

Logo: Kazumasa Nagai, Public domain, via Wikimedia Commons4

Japanese food and beverage company

The Asahi Group Holdings, Ltd. (アサヒグループホールディングス株式会社, Asahi Gurūpu Hōrudingusu kabushiki gaisha) is a Japanese beverage holding company headquartered in Sumida, Tokyo. In 2024, the group had revenue of JPY 2.9 trillion. Asahi's business portfolio can be segmented as follows: alcoholic beverage business (40.5%), overseas business (32%), soft drinks business (17.2%), food business (5.4%) and "other" business (4.9%).2 It is part of Asahi Group Japan.1 Its shares trade on OTC Markets Group under the symbol ASBRF.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1889Founded1

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  • TickerASBRF on OTC Markets Group1
  • Industrybeverage industry, brewing industry1
  • HeadquartersRiver Pier Azumabashi1
  • Founded inSakai1
  • Websitewww.asahibeer.co.jp
  • Legal formkabushiki gaisha1
  • LEI3538003Y7N21CCUTIS393
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address吾妻橋一丁目23番1号, 130-8602 東京都 墨田区, Japan3
  • Registered withLegal Affairs Bureau, 0106-01-0398733
Asahi HQ2
Photo: Akonnchiroll, CC0, via Wikimedia Commons6

The Asahi Group Holdings, Ltd. (アサヒグループホールディングス株式会社, Asahi Gurūpu Hōrudingusu kabushiki gaisha) is a Japanese beverage holding company headquartered in Sumida, Tokyo.2

Corporate structure

Asahi Breweries is part of a group headed by Asahi Group Holdings. 33 entities, 12 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Asahi Group Holdings 東京都 墨田区, Japan
    • Asahi Holdings (Australia) Pty Ltd 100% · Southbank, Australia
      • ASAHI BEVERAGES (NZ) LIMITED Subsidiary · 100% · Parnell, New Zealand
      • Allpress Espresso NZ Limited Subsidiary · Auckland, New Zealand
    • Asahi Breweries 東京都 墨田区, Japan
    • Ursus Breweries BUCUREșTI, Romania
    • ASAHI BIOCYCLE Subsidiary · Tokyo, Japan
    • Asahi Group Japan Subsidiary · Azumabashi, Japan
    • Plzeňský Prazdroj Subsidiary · Plzen, Czechia
    • ASAHI EUROPE & INTERNATIONAL LTD Subsidiary · 100% · Woking, United Kingdom
    • AE BRANDS KOREARR Subsidiary · Seoul, South Korea
    • ALLPRESS ESPRESSO AUSTRALIA PTY. LTD. Subsidiary · Rosebery, Australia
    • Asahi Brands Germany Subsidiary · Germany
    • Asahi Breweries Europe Subsidiary · United Kingdom
    • Dreher Breweries Subsidiary · Budapest District X, Hungary
    • KOMPANIA PIWOWARSKA JOINT STOCK COMPANY (KOMPANIA PIWOWARSKA SPÓŁKA AKCYJNA) Subsidiary · Poznan, Poland
    • SABMILLER AUSTRALIA BEVERAGE HOLDINGS LLP Subsidiary · Bristol, United Kingdom
    • アサヒグループ食品株式会社 Subsidiary · 東京都 墨田区, Japan
    • アサヒ飲料株式会社 Subsidiary · 東京都 墨田区, Japan

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Asahi Breweries reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

The predecessor of the company, Asahi Breweries (朝日麦酒株式会社), was established in 1889. In 1893, it was reorganized as Ōsaka Breweries (大阪麦酒株式会社). In 1906, Ōsaka Breweries merged with Nippon Breweries and Sapporo Breweries to form Dai-Nippon Breweries (大日本麦酒株式会社; lit. 'Great Japan Beer Company'). During World War I, German prisoners worked in the brewery.

After World War II, the company was divided under the Elimination of Excessive Concentration of Economic Power Law by the Supreme Commander for the Allied Powers. Asahi Breweries (朝日麦酒株式会社) was separated from Nippon Breweries, which is now Sapporo Breweries. In 1989, it was renamed to katakana (アサヒビール株式会社). In 2011, Asahi Breweries changed its name to Asahi Group Holdings, a holding company, and established Asahi Breweries Ltd as a subsidiary.

In 1990, Asahi acquired a 19.9% stake in Australian brewery giant Elders IXL, which later became the Foster's Group and was subsequently sold to SABMiller.

In 2009, Asahi acquired the Australian beverages unit Schweppes Australia, now known as Asahi Beverages.

In early 2009, Asahi acquired 19.9% of Tsingtao Brewery from Anheuser-Busch InBev for $667 million. The sale made Asahi Breweries, Ltd. the second largest shareholder in Tsingtao behind only the Tsingtao Brewery Group.

In July 2011, Asahi acquired New Zealand juice maker Charlie's and the water and juice divisions of Australian beverage company P&N Beverages.

In August 2011, Asahi acquired New Zealand's Independent Liquor, maker of Vodka Cruiser and other alcoholic beverages, for ¥97.6 billion.

In May 2013, its New Zealand operations expanded with the purchase of retail chain Mill Liquorsave. Also, Asahi acquired the Australian brands and assets of Cricketers Arms and Mountain Goat Brewery in 2013 and 2015, respectively.

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The first of these transactions happened as a result of Anheuser-Busch InBev (InBev) agreeing in April 2016 to sell its Dutch business Grolsch Brewery, Italian business Peroni Brewery and the UK's craft Meantime Brewery and SABMiller Brands UK to Asahi; this €2.3 billion deal closed on 12 October 2016. After Inbev's acquisition of SABMiller in October 2016, InBev agreed to sell the former SABMiller Ltd.'s Eastern European businesses and relevant assets in Poland, the Czech Republic, Slovakia, Hungary and Romania to Asahi for US $7.3 billion. The deal closed on 21 December 2016 and included beer brands such as Pilsner Urquell, Velkopopovický Kozel, Topvar, Tyskie, Lech, Dreher and Ursus.

In 2017, the company sold its 19.9% stake of Tsingtao Brewery for $937 million.

In 2019, the company bought Fuller's beer business from Fuller, Smith & Turner plc for an enterprise value of £250 million. The assets sold comprised the entirety of Fuller's beer, cider and soft drinks brewing and production, wine wholesaling, as well as the distribution thereof and also includes the Griffin Brewery, Cornish Orchards, Dark Star Brewing and Nectar Imports.

In May 2020, the Australian Foreign Investment Review Board approved the company's $16 billion bid for Carlton & United Breweries, and the deal will see Asahi ending up with about 48.5 per cent share of the Australian beer market.

In January 2024, Asahi Europe & International (AEI), the international arm of Asahi Group Holdings, acquired Octopi Brewing, a contract beverage production and co-packing facility based in Waunakee, Wisconsin.

In September 2025, a ransomware attack on The Asahi group, caused a system outage and forced the company to halt production at most of its 30 factories. On October 3 it was announced that they were days away from running out of their most popular beer, Asahi Super Dry.

From Wikipedia’s article on Asahi Breweries, shared under CC BY-SA 4.0.5

Products and brands

  • Asahi Super Dry
  • beer

Listed on Wikidata.1

The company's primary beer, from 1957 through the late 1980s, was Asahi Gold (overtaking Asahi Draft, its original formula, which remains in production). However, Asahi Super Dry, introduced in 1987, is now the company's flagship beer brand.

Asahi Super Dry, a product that transformed the modern beer industry in Japan, is described as a highly attenuated lager without the heavier malt flavors of competitors' products, with a crisp, dry taste reminiscent of some northern German beers. This highly successful launch led to a significant rise in consumer demand for dry beer and in turn to a dramatic turnaround in Asahi's business performance, surpassing Kirin in terms of both sales and profitability.

Other beers produced include:

Asahi Draft – Lager (first produced in 1892)

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Asahi Gold – Lager (former flagship product; first produced in 1957)

Asahi Stout

Asahi Z – Dry lager

Asahi Black – a 5% ABV dark lager

Asahi Prime Time – German Pilsener style lager (only available in Japan)

Asahi Super Dry - Dry Crystal – a version of Asahi Super Dry with a 3.5% ABV as opposed to the 5% ABV of the original (available in Japan since October 2023)

Asahi Dry Zero – alcohol-free version of Asahi Super Dry

Brands acquired from Anheuser-Busch InBev:

Grolsch Brewery

Šariš Brewery

Peroni Brewery

Meantime Brewery

Gambrinus

Pilsner Urquell

Radegast

Velkopopovický Kozel

Tyskie

Lech Browary Wielkopolski

Dreher Breweries

Ursus Breweries

Carlton & United Breweries

From Wikipedia’s article on Asahi Breweries, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

Subsidiaries

Also owns

Parent company (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. Jan 2019Acquired Fuller's Brewery1
  2. 2017Acquired Kompania Piwowarska1
  3. 2017Acquired Ursus Breweries1

Timeline

  1. Jan 1, 2020Parent Directly consolidated by Asahi Group Holdings3
  2. 1889Founded Founded in Sakai1

Sources

The numbers on this page point here. Each one links to the record it came from.

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