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Kirin Holdings Co Ltd (2503.T)

2503.T on Tokyo Stock Exchange

2,852JPY
15 Dec 2017
Change (% chg)

¥10 (+0.33%)
Prev Close
¥2,843
Open
¥2,842
Day's High
¥2,878
Day's Low
¥2,828
Volume
3,440,100
Avg. Vol
2,782,747
52-wk High
¥2,878
52-wk Low
¥1,792

Latest Key Developments (Source: Significant Developments)

Kirin Holdings announces application of International Financial Reporting Standards
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Kirin Holdings Co Ltd <2503.T>:Says it plans to adopt International Financial Reporting Standards for its consolidated financial statements from fiscal year ending Dec. 31, 2017, instead of the Japanese Generally Accepted Accounting Principles .  Full Article

‍Kirin-Amgen joint venture to become wholly-owned subsidiary of Amgen​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Amgen Inc :‍Kirin-Amgen joint venture to become wholly-owned subsidiary of Amgen​.‍Under terms of agreement, ‍Kirin-Amgen joint venture will pay $780 million to Kirin​.‍Kirin-Amgen will become a wholly-owned subsidiary of Amgen​.‍Joint venture ‍Kirin-Amgen will redeem Kirin's shares ​.‍Will make additional payments to Kirin upon occurrence of certain sales​.‍As sole shareholder of ‍Kirin-Amgen, Amgen will own product rights and remaining cash held by ‍Kirin-Amgen .‍License agreements between ‍Kirin-Amgen and KHK in certain Asian territories will remain in place​.  Full Article

Kirin Holdings to sell Brasil-based unit
Monday, 13 Feb 2017 

Kirin Holdings Co Ltd <2503.T>:Says it to sell its unit Brasil Kirin Holding SA to Bavaria SA at price of about 77 billion yen and with advisory expense of about 1.5 billion yen.  Full Article

Kirin Holdings plans to buy Mandalay Brewery of Myanmar for estimated several hundred mln yen - Nikkei
Friday, 10 Feb 2017 

: Kirin Holdings Co Ltd plans to buy Mandalay Brewery of Myanmar for an estimated several hundred million yen - Nikkei .Kirin Holdings to create a local unit to take over Mandalay Brewery from Myanmar Economic Holdings - Nikkei.  Full Article

Kirin Holdings- Kirin Brewery and Kirin Holdings have concluded capital and business partnership agreement with Brooklyn Brewery
Wednesday, 12 Oct 2016 

Kirin Holdings Co Ltd <2503.T> : Kirin Holdings- Kirin Brewery and Kirin Holdings have concluded capital and business partnership agreement with Brooklyn Brewery . Kirin Holdings- Brooklyn Brewery will issue new shares to Kirin Brewery, and Kirin Brewery will acquire about 24.5 percent stake in Brooklyn Brewery . Kirin Holdings Co Ltd - Brooklyn Brewery will remain an independent craft beer brewer and no changes to the current management are planned . Kirin Holdings Co Ltd - Co and Brooklyn Brewery will establish a joint venture in Japan around January 2017 . Kirin Holdings- Kirin Brewery and Brooklyn Brewery plan to expand Brooklyn brand into Brazil .Kirin Holdings - joint venture will have planned capital contribution share of 60 percent from Kirin Brewery and 40 percent from Brooklyn Brewery.  Full Article

R& I affirms Kirin Holdings's rating at "A+" and changes outlook to negative – R& I
Monday, 22 Aug 2016 

Kirin Holdings Co Ltd <2503.T>: Rating and Investment Information, Inc. (R& I) affirmed the company's rating at "A+" – R& I .R& I changed rating outlook to negative from stable – R& I.  Full Article

Kirin Holdings will deepen American sales partnership with Anheuser-Busch Inbev - Nikkei
Thursday, 18 Aug 2016 

Nikkei: Kirin Holdings will deepen an American sales partnership with Anheuser-Busch Inbev - Nikkei . Kirin Holdings Co Ltd aims to double its beer sales volume in the U.S. by 2021 - Nikkei .Employees of Kirin Brewery of America will be transferred to AB Inbev under new arrangement. They will form a special marketing team for Ichiban - Nikkei.  Full Article

Kirin Holdings to likely report group operating profit of about 58 bln yen for January-June period - Nikkei
Thursday, 28 Jul 2016 

Nikkei: Kirin Holdings will likely report a group operating profit of about 58 billion yen for the January-June period - Nikkei .Kirin Holdings sales apparently dropped 5% to about 1.02 trillion yen for the January-June period- Nikkei.  Full Article

Kirin Brewery aims to double sales of imported whiskey by 2020 - Nikkei<2503.T>
Tuesday, 5 Jul 2016 

Nikkei: Kirinh Brewery aims to double sales of imported whiskey by 2020 - Nikkei .  Full Article

UPDATE 1-Thai Beverage unit seeks to buy 51 pct of Vietnam's Sabeco

* Rival brewer Habeco sale seen progressing (Add details from ministry's statement, background)