Sapporo eyes review amid shareholder pressure


Big brewery: A file picture of a Sapporo beer factory. 3D, which owns 3.05% of Sapporo, has criticised the firm for undue focus on the real estate business. — Reuters

TOKYO: Sapporo Holdings says that it has set up a committee to conduct a strategic review of the business, as the Japanese beer group comes under pressure from shareholders dissatisfied with stagnant growth.

The committee consists of five Sapporo directors and two external experts: Takehiko Ogi, former managing director of the now defunct government-run Industrial Revitalisation Corp of Japan, and Ryotaro Fujii, senior adviser at private equity firm Permira, a company spokesperson said.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Tafi not proceeding with diversification
M’sia’s wealthiest grow fortunes by 30% in 2025
Call for resolution of MSME digital grant delays
Favourable outlook for oil and gas sector
Dividend hike to boost LBS Bina appeal
Ng Yoon Thai becomes Plenitude CEO
Business winners say talent critical for success
Bank Rakyat declares 18% dividend for FY25, highest in a decade
Uzma bags repeat PETRONAS well solution jobs
Auditors flag Rimbunan Sawit

Others Also Read