Corporate overview
Kirin Brewery sells two of the most popular beers in Japan: Kirin Lager, one of the country's oldest beer brands, brewed since 1888; and Ichiban Shibori. Within the happoshu (low-malt) category, Kirin Tanrei is the top seller. Kirin handles domestic distribution for several foreign brands, including Budweiser and Heineken.
Kirin's brewery operations also extend overseas, through strategic alliances, subsidiaries, and affiliates, to China, Taiwan, Australia, the Philippines, Europe, New Zealand and the United States. The company holds a 100%[4] stake in Lion Nathan Limited, a consolidated subsidiary that is based in Australia but has particularly important operations in China. Kirin has a 48%[5] stake in San Miguel Brewery, the dominant brewer in the Philippines. Kirin now applies its fermentation technology to areas such as plant genetics, pharmaceuticals, and bioengineering. Although brewing and related businesses remain the core of Kirin's activities, the company is also involved in several other sectors: hard liquor, wine, soft drinks, and food products.
In December 2006, the Kirin Brewery Company of Japan purchased a 25% stake in Hangzhou Qiandaohu Beer Co., Ltd. for US$38 million.[6]
On 14 July 2009, Kirin announced that it was in negotiations with Suntory on a merger.[7] On 8 February 2010, it was announced that negotiations between the two had been terminated.[8]
In early 2010 Kirin's Agribio business was sold to Dutch H2 Equity Partners; now it's part of Dümmen Orange.[9]
In 2010, 23.4 percent of Kirin's sales were made overseas, the highest overseas revenue among all Japanese breweries.[10]
In October 2011, the court decided that Kirin could buy a majority stake in family-run Brazilian beer Schincariol. Kirin bought a 50.45 percent stake in 2011, valued at $2.6 billion.[11] In November 2011, Kirin Holdings Company agreed to buy out the remaining shareholders in Brazilian beermaker Schincariol Participacoes e Representacoes, completing its biggest acquisition as it sees growth in emerging markets ($1.35 billion was paid for the 49.54 percent stake, giving it control of all outstanding shares).[12] In November 2012, Kirin changed Schincariol's name to Brasil Kirin.[13]
In 2013 Kirin joined leading alcohol producers as part of a producers' commitments to reducing harmful drinking.[14]
In February 2013, Charoen Sirivadhanabhakdi bought the 15% stake of Singapore's Fraser & Neave (F&N), a property-to-drinks conglomerate, from Kirin for US$1.6 billion.[15]
In July 2014, Kirin announced its intention to revive the Spring Valley Brewery brand as a wholly owned subsidiary company to focus on producing and retailing microbrewery style beers produced using traditional ingredients and brewing methods.[16]
On 20 January 2017, Heineken NV and Kirin Holdings confirmed they were in negotiations for Heineken to acquire Brasil Kirin.[17]
On 5 February 2018, Kirin Holdings announced the acquisition of 95% outstanding shares in Kyowa Hakko Bio Co. Ltd, from Kyowa Hakko Kirin to expand to wellness and bio-chemical products.[18]
On 6 August 2019, Kirin Holdings announced it would take a 33% stake in cosmetics and dietary supplements company Fancl Corp for US$1.21 billion.[19]
On 30 June 2022, Kirin Holdings announced to sell its 51% stake in Myanmar Brewery Limited, its Myanmar joint venture to its military-linked local partner.[20]
