{"id":38718,"date":"2026-04-02T09:01:37","date_gmt":"2026-04-02T00:01:37","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/2503-20260402-01_wp_m_and_a_alliance\/"},"modified":"2026-04-02T09:01:37","modified_gmt":"2026-04-02T00:01:37","slug":"2503-20260402-01_wp_m_and_a_alliance","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-2503\/ir\/2503-20260402-01_wp_m_and_a_alliance\/","title":{"rendered":"(Disclosure Progress) Completion of Transfer of Equity Interest in Four Roses"},"content":{"rendered":"<p>On April 1, 2026, the entire equity interest of Four Roses Distillery, LLC was transferred to E. &#038; J. Gallo Winery, expecting to record at least 29 billion yen in other operating income in consolidated results.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2503","jir_company_name":"Kirin Holdings Company, Limited","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-02","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/2503-20260402-01.pdf","jir_short_summary":"On April 1, 2026, the entire equity interest of Four Roses Distillery, LLC was transferred to E. & J. Gallo Winery, expecting to record at least 29 billion yen in other operating income in consolidated results.","jir_summary":"### Overview of M&A\nKirin Holdings Company, Limited completed the transfer of all equity interests in Four Roses Distillery, LLC, a wholly owned subsidiary of consolidated subsidiary Kirin Beer & Spirits of America Inc., to E. & J. Gallo Winery on April 1, 2026. Through this transfer, the Company fully divests its stake in Four Roses and withdraws from related operations.\n\n### Outlook\nAs a result of this transfer, the Company expects to record at least approximately 29 billion yen in other operating income in its consolidated financial results. The final impact amount is currently under review and details will be disclosed in future earnings announcements.","jir_financial_highlights":"Equity Interest Transfer Completion Date: April 1, 2026 (U.S. Pacific Time) (Unknown)\nOther Operating Income: At least approximately 29 billion yen (Unknown)\nTransferee: E. & J. Gallo Winery (Unknown)","jir_category":"","jir_hashtags":"#KirinHoldings, #M&A, #JapaneseStocks","jir_key_figures":"Equity Interest Transfer Completion Date: April 1, 2026 (U.S. Pacific Time)\nExpected Other Operating Income Recorded: At least approximately 29 billion yen\nTransferee Company: E. & J. Gallo Winery","jir_meta_title":"Kirin Holdings Completes Transfer of Four Roses Equity, Expected to Record 29 Billion Yen in Operating Income","jir_meta_description":"Kirin Holdings completed the transfer of all equity interests in Four Roses Distillery to E. & J. Gallo Winery on April 1, 2026. 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