#SapporoHoldings

Consolidated revenue for the fiscal year ending December 2025 was 506.861 billion yen (1.1% decrease YoY), operating income was 24.437 billion yen (332.9% increase YoY), and net income attributable to owners of the parent was 19.5 billion yen (152.8% increase YoY). For the fiscal year ending December 2026, despite expected revenue decline, a significant profit increase is forecasted due to...

From the first quarter of the fiscal year ending December 2026, reporting segments will be changed to 'Domestic Business' and 'Overseas Business,' disclosed in five categories: Domestic Alcoholic Beverages, Dining Out, Domestic Food & Beverage, Overseas Alcoholic Beverages, and Overseas Beverages.

From the fiscal year ending December 2026, an interim dividend will be newly established, with the total annual dividend planned at 40.00 yen (200.00 yen before stock split). The interim dividend record date is set as June 30 each year.

The proposed amendment to the Stock-Based Benefit Trust (BBT) system, scheduled for the shareholders meeting on March 27, 2026, will change the upper limit of grant points to 650,000 points per fiscal year and abolish the cap on the trust amount.

Sapporo Holdings has resolved the introduction of external capital into its consolidated subsidiary Sapporo Real Estate Development Co., Ltd. by SPARK LLC, a fund backed by PAG Investment Management Co., Ltd. and Kohlberg Kravis Roberts & Co. L.P., and plans to transfer voting rights in three phases starting June 2026, at an enterprise value of 477 billion yen.

Due to the introduction of external capital into the real estate business, the consolidated earnings guidance for the fiscal year ending December 2025 has been revised. Revenue, segment income, and operating income are expected to decrease, while net income and net income attributable to owners of the parent remain unchanged.

Sapporo Holdings Limited announced that starting from the year-end dividend for the fiscal year ending December 2025, the dividend policy will be changed from a consolidated payout ratio of 30% or more to targeting DOE of 3% or more, aiming to achieve DOE of 4% or more by 2030.

Sapporo Holdings Limited has resolved to absorb its wholly owned subsidiary, Sapporo Breweries Limited, through an absorption-type merger and to change its trade name to "Sapporo Breweries Limited" with the effective date of July 1, 2026.