Asahi Group Holdings Limited: Global Expansion Versus Financial Leverage
商品編號：W26041
出版日期：2022/05/03
再版日期：
商品來源：
商品主題：General Management/Strategy; Marketing
商品類型：Case (Pub Mat)
涵蓋議題：global expansion;acquisition;diversification;growth strategy;cannibalization;brand strategy;financial leverage;consolidated market
難易度：4 - Undergraduate/MBA
內容長度：15 頁
地域：Japan
產業：Manufacturing
事件年度：2021
In May 2021, Asahi Group Holdings, Limited (Asahi), a Japanese global beer, spirits, soft drinks, and food company, shifted its focus to non-alcoholic beers. The shift was made after spending US$20 billion to acquire premium beer brands from Anheuser-Busch InBev SA/NV, a Belgian multinational drinks and brewing company.
The Japanese beer market had been shrinking for decades with Japan’s declining population, and more recently, the market had shrunk further because of restrictions imposed during the ongoing COVID-19 pandemic. In response, domestic beer producers were looking abroad for better market opportunities.
Asahi needed a strategy to compete against the Belgian beer giant. Considerations included whether to pursue growth in Asahi’s core beer business or diversify in the food industry, how to position a growing portfolio of products to minimize cannibalization, whether to shift focus from the premium to the lower-mass beer market, and how to approach the potential Chinese beer market. Regardless of growth strategy, Asahi needed to deal with a loss in share value, triggered by investors nervous about Asahi’s acquisition spree. To regain investor trust, Asahi needed to manage its financial leverage.
教學手冊：W26042
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