Asahi Group Holdings, Ltd.
2502・Prime Market・Foods
Governance
Transitioned to a company with three committees (nominating, audit, and compensation committees) in March 2025. The board consists of 13 directors (including 8 outside directors), with independent outside directors holding a majority. The company has established the three statutory committees (nomination, audit, and compensation), where independent outside directors constitute a majority. The board chairperson is an independent outside director, reflecting a highly transparent governance structure.
Risk Management
Enterprise Risk Management (ERM) has been introduced across the entire Group, with the Risk Management Committee, chaired by the Representative Executive Officer, Group CEO, identifying and evaluating material risks, formulating response plans, and conducting monitoring. Sustainability risks such as climate change, human rights, and compliance are also incorporated into this framework, and a crisis management structure has been established under which an Emergency Response Headquarters is set up in the event of a crisis.
Shareholder Returns
For FY2025 (ending December 2025), an annual dividend of ¥52 (interim ¥26, year-end ¥26) was paid, with a payout ratio of 64.0% and DOE of 2.7%. For FY2026 (ending December 2026), the annual dividend is planned to increase by ¥5 to ¥57 (interim ¥26, year-end ¥31). The company intends to continue a progressive dividend policy targeting DOE of 4% or higher, along with flexible share buybacks.
Dividend Policy
The basic policy is to pay dividends twice a year, interim and year-end, continuing a progressive dividend policy (annual increase or at minimum no decrease) targeting DOE of 4% or higher. For FY2025 (ending December 2025), an annual dividend of ¥52 was paid (up ¥3 year-on-year, payout ratio 64.0%). For FY2026 (ending December 2026), an annual dividend of ¥57 (interim ¥26, year-end ¥31) is planned (payout ratio 43.9%). The company also intends to implement flexible share buybacks.
ESG
Under the core strategy of "integrating sustainability with management," the company is advancing climate change measures targeting net-zero GHG emissions by 2040 (SBTi certification already obtained) and a 70% reduction in Scope 1 and 2 emissions by 2030 (versus 2019 levels). In terms of human capital, the company targets a female representation of 40% or more in management by 2030, and is pursuing initiatives based on materiality areas such as responsible drinking, sustainable packaging, and human rights due diligence. Sustainability indicators (40% weighting) have been incorporated into executive medium-term bonuses to achieve integration with management.
Last updated: March 27, 2025