Suntory Beverage & Food Limited
2587・Prime Market・Foods
Japan Business
Core segment of the domestic soft drinks business, accounting for approximately 39% of consolidated revenue.
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (Q1 FY2026, ending December 2026) | ¥160,179 million | ¥152,650 million (Q1 FY2025, ending December 2025) | ↑ |
| Revenue YoY change | +4.9% | — | ↑ |
| Segment profit (Q1 FY2026, ending December 2026) | ¥4,276 million | ¥4,852 million (Q1 FY2025, ending December 2025) | ↓ |
| Segment profit YoY change | -11.9% | — | ↓ |
| Segment profit margin (Q1 FY2026, ending December 2026) | 2.7% | 3.2% (Q1 FY2025, ending December 2025) | ↓ |
| Revenue (full year FY2025, ending December 2025, reference) | ¥735,272 million | — | — |
| Segment profit (full year FY2025, ending December 2025, reference) | ¥46,950 million | — | — |
Business Details
Manufactures and sells mineral water, coffee beverages, tea beverages, carbonated beverages, sports drinks, foods for specified health uses, and other products within Japan. The Company handles marketing and product planning, while manufacturing is handled by Suntory Products Ltd. and sales are handled by Suntory Foods Ltd. (supermarkets, mass retailers, convenience stores) and Suntory Beverage Solution Ltd. (vending machines), under a division-of-labor structure. Centered on core brands (Suntory Tennensui, BOSS, Iyemon, GREEN DA・KA・RA, Tokucha), the segment secures profitability through price revisions and improvements in product mix.
Recent Overview
Revenue increased 4.9% year on year, but segment profit fell 11.9% due to rising costs and increased marketing expenses.
In Q1 2026 (January to March), Japan Business revenue was ¥160,179 million (up 4.9% year on year). Owing to strengthening of core brands and the launch of new products such as "Guilty Tansan NOPE," the Company's sales volume exceeded both the beverage market and the prior-year level. On the other hand, rising raw material and logistics costs due to inflation, combined with increased marketing expenses, pressured profit, and segment profit came to ¥4,276 million (down 11.9% year on year). The beverage market overall remained below the prior-year level due to the continuing impact of price revisions.
Key Products
Growth Drivers
- Expansion of sales volume through active marketing activities for core brands (Suntory Tennensui, BOSS, GREEN DA・KA・RA)
- Portfolio expansion and demand creation through the launch of new products such as "Guilty Tansan NOPE"
- Continued strong performance of the Foods for Specified Health Uses / Foods with Function Claims category, including "Tokusui"
- Unit price improvement effects from price revisions and improved product mix (strengthening of small-format and extended lineup items)
- Expansion of customer touchpoints and structural reform of the vending machine business through the cashless vending machine app "Jihanpi"
- Strengthened profitability through core brand innovation and supply chain structural reform
Risks
- Cost pressure from continued increases in raw material and logistics costs due to inflation (Q1 segment profit margin fell to 2.7%)
- Risk of declining sales volume amid overall contraction of the beverage market (demand decline due to price revisions)
- Continuation of intense competition for core brands such as "Iyemon"
- Risk of demand decline centered on large-format products due to increased consumer price sensitivity
- Profit pressure from increased marketing expenses (segment profit declined despite revenue growth)
- Capital expenditure burden for aging production facilities and capacity expansion (full-year FY2025, ending December 2025, capital expenditure of ¥36,439 million)
Last updated: March 23, 2026