Kirin Holdings Company, Limited
Conclusion of Share Transfer Agreement for Four Roses Inc.
Kirin Holdings has signed a contract on February 6, 2026, to transfer all shares of Four Roses Inc. to E. & J. Gallo Winery for up to approximately 120 billion yen.
Key Figures
- Transfer Price: Up to approximately 120 billion yen (775 million USD)
- Transferred Ownership: from 100% to 0%
- Scheduled Transfer Execution Date: Second quarter of fiscal 2026 (planned)
AI要約
Overview of the Transfer
Kirin Holdings Company, Limited has concluded an agreement to transfer all shares of Four Roses Distillery, LLC, a wholly owned subsidiary of its consolidated subsidiary Kirin Beer & Spirits of America Inc., to E. & J. Gallo Winery. Since acquiring the Four Roses business in 2002, it has grown mainly in the US market; however, Kirin has decided on this transfer to concentrate management resources on businesses with growth potential, as part of a mid- to long-term portfolio review. The transfer price is up to approximately 120 billion yen (775 million USD), and ownership after the transfer will be 0%.
Outlook and Schedule
The transfer execution is planned for the second quarter of fiscal 2026, contingent on obtaining approvals from US antitrust authorities. The impact of this transfer on consolidated earnings is currently under review and will be disclosed once confirmed. The specific use of the proceeds from the transfer is also under consideration and will be promptly disclosed once decided.
