Kirin Holdings Company, Limited logo

Kirin Holdings Company, Limited

2503.T

JPXConsumer DefensiveBeverages - Alcoholic

Latest quote

¥3,053

+¥15.00 · +0.49%

Aug 24, 3:30 PM JST

2503.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Kirin Holdings Company, Limited, a global enterprise established in Tokyo, Japan, in 1885, is broadly engaged in the manufacturing and distribution of alcoholic beverages, non-alcoholic drinks, and pharmaceuticals. The company's operations are organized into four key segments: Japan Beer and Spirits, Japan Non-Alcoholic Beverages, Oceania Integrated Beverages, and Pharmaceuticals. Its diverse product range encompasses various alcoholic offerings like beers (including happo-shu), wines, whiskies, and spirits such as Four Roses bourbon, alongside non-alcoholic options including soft drinks (like Coca-Cola products), dairy items, and fruit juices. Kirin also produces a variety of food products, including margarine, jams, honey, and sake. Beyond consumables, the company develops and sells pharmaceutical products, biochemicals, amino acids, and nucleic acids. Furthermore, Kirin manages factories and a theme park, operates Kirin City beer pubs, and functions as an insurance agent. The company adopted its current name in July 2007, having previously been known as Kirin Brewery Company, Limited.

Industry
Beverages - Alcoholic
Sector
Consumer Defensive
Headquarters
JP
CEO
Yoshinori Isozaki
Listed since
May 16, 1949
Employees
31,144

Market position

Day range

Current ¥3,053

52-week range

Current ¥3,053

Open
¥3,050
Previous close
¥3,038
Volume
2.45M
0.66× average
Average volume
3.7M
Average daily volume
Market cap
2.44T JPY
Beta
0.04
Market reference 1
50-day average
¥2,889.39
+5.66% above average
200-day average
¥2,596.6
+17.58% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.7T JPY
P/E (TTM)
12.55×
P/B (TTM)
1.8×
P/S (TTM)
0.97×
EV / EBITDA
7.54×
Earnings yield
7.76%
Free cash flow yield
6.30%
Dividend yield
2.46%

Profitability & efficiency

Gross margin
48.44%
Operating margin
11.37%
Net margin
7.81%
Return on equity
11.46%
Return on assets
4.22%
Return on invested capital
6.75%

Financial health

Debt / equity
0.62×
Current ratio
1.37×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends52%34%16%-2%Gross margin, FY2021: 43.08%Gross margin, FY2022: 43.42%Gross margin, FY2023: 43.14%Gross margin, FY2024: 43.45%Gross margin, FY2025: 47.59%Operating margin, FY2021: 8.27%Operating margin, FY2022: 9.25%Operating margin, FY2023: 9.43%Operating margin, FY2024: 9.02%Operating margin, FY2025: 10.35%Net margin, FY2021: 3.28%Net margin, FY2022: 5.58%Net margin, FY2023: 5.28%Net margin, FY2024: 2.49%Net margin, FY2025: 6.06%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 43.08%. Gross margin FY2022 43.42%. Gross margin FY2023 43.14%. Gross margin FY2024 43.45%. Gross margin FY2025 47.59%. Operating margin FY2021 8.27%. Operating margin FY2022 9.25%. Operating margin FY2023 9.43%. Operating margin FY2024 9.02%. Operating margin FY2025 10.35%. Net margin FY2021 3.28%. Net margin FY2022 5.58%. Net margin FY2023 5.28%. Net margin FY2024 2.49%. Net margin FY2025 6.06%.

Income trends

Revenue

2.43T JPY+4.06%

Operating income

251.79B JPY+19.35%

Net income

147.54B JPY+153.45%
Income trends across reported periods2.67T JPY1.72T JPY770.76B JPY−179.3B JPYRevenue, FY2021: 1.82T JPYRevenue, FY2022: 1.99T JPYRevenue, FY2023: 2.13T JPYRevenue, FY2024: 2.34T JPYRevenue, FY2025: 2.43T JPYOperating income, FY2021: 150.64B JPYOperating income, FY2022: 184.06B JPYOperating income, FY2023: 201.21B JPYOperating income, FY2024: 210.97B JPYOperating income, FY2025: 251.79B JPYNet income, FY2021: 59.79B JPYNet income, FY2022: 111.01B JPYNet income, FY2023: 112.7B JPYNet income, FY2024: 58.21B JPYNet income, FY2025: 147.54B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.82T JPY. Revenue FY2022 1.99T JPY. Revenue FY2023 2.13T JPY. Revenue FY2024 2.34T JPY. Revenue FY2025 2.43T JPY. Operating income FY2021 150.64B JPY. Operating income FY2022 184.06B JPY. Operating income FY2023 201.21B JPY. Operating income FY2024 210.97B JPY. Operating income FY2025 251.79B JPY. Net income FY2021 59.79B JPY. Net income FY2022 111.01B JPY. Net income FY2023 112.7B JPY. Net income FY2024 58.21B JPY. Net income FY2025 147.54B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue2.43T JPY2.34T JPY2.13T JPY1.99T JPY1.82T JPY
Cost of goods sold1.28T JPY1.32T JPY1.21T JPY1.13T JPY1.04T JPY
Gross profit1.16T JPY1.02T JPY920.79B JPY863.85B JPY784.65B JPY
Research and development118.1B JPY116.04B JPY85.18B JPY81.37B JPY84.41B JPY
Selling, general, and administrative734.02B JPY688.96B JPY634.4B JPY598.42B JPY549.61B JPY
Operating expenses906.22B JPY805B JPY719.58B JPY679.79B JPY634.01B JPY
Interest income10.67B JPY10.45B JPY3.55B JPY4.04B JPY2.04B JPY
Interest expense18.32B JPY7.81B JPY6.58B JPY5.82B JPY4.45B JPY
Depreciation and amortization101.85B JPY95.7B JPY87.23B JPY85.94B JPY81.13B JPY
Operating income251.79B JPY210.97B JPY201.21B JPY184.06B JPY150.64B JPY
Net income147.54B JPY58.21B JPY112.7B JPY111.01B JPY59.79B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
27%
3 beats, 8 misses, 0 met estimates
Average EPS surprise
-22.63%
11 comparable reports
Latest EPS result
92.87
Estimate 75.04 · Beat by 23.76%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates102.3856.4210.45-35.51Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual -26, estimate 33.26, surprise -178.17%, Miss. Q2 2025, reported May 13, 2025: actual 29.1, estimate 29.46, surprise -1.22%, Miss. Q3 2025, reported Aug 4, 2025: actual 35.99, estimate 46.74, surprise -23.00%, Miss. Q4 2025, reported Nov 11, 2025: actual 64.5, estimate 66.95, surprise -3.66%, Miss. Q1 2026, reported Feb 13, 2026: actual 55.18, estimate 64.81, surprise -14.86%, Miss. Q2 2026, reported May 14, 2026: actual 33.5, estimate 37.79, surprise -11.35%, Miss. Q3 2026, reported Aug 7, 2026: actual 92.87, estimate 75.04, surprise +23.76%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 51.05, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates704.34B634B563.66B493.32BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 638.67B JPY, estimate 611.83B JPY, surprise +4.39%, Beat. Q2 2025, reported May 13, 2025: actual 545.85B JPY, estimate 520.41B JPY, surprise +4.89%, Beat. Q3 2025, reported Aug 4, 2025: actual 590.46B JPY, estimate 602.02B JPY, surprise -1.92%, Miss. Q4 2025, reported Nov 11, 2025: actual 619.81B JPY, estimate 654.61B JPY, surprise -5.32%, Miss. Q1 2026, reported Feb 13, 2026: actual 677.25B JPY, estimate 672.54B JPY, surprise +0.70%, Beat. Q2 2026, reported May 14, 2026: actual 573.68B JPY, estimate 573.01B JPY, surprise +0.12%, Beat. Q3 2026, reported Aug 7, 2026: actual 644.84B JPY, estimate 629.99B JPY, surprise +2.36%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 641.56B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥74.00

2025 complete year+13.8% since 2021

2026 partial: ¥38.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Dec 29, 2026

¥38.00

Semi-Annual

Record Dec 31, 2026 · Payment Dec 29, 2026

Dividend

Ex-dividend Jun 29, 2026

¥38.00

Semi-Annual

Record Jun 30, 2026 · Payment Sep 4, 2026

Dividend

Ex-dividend Dec 29, 2025

¥37.00

Semi-Annual

Record Dec 31, 2025 · Payment Mar 30, 2026

Dividend

Ex-dividend Jun 27, 2025

¥37.00

Semi-Annual

Record Jun 30, 2025 · Payment Sep 4, 2025

Dividend

Ex-dividend Dec 27, 2024

¥35.50

Semi-Annual

Record Dec 31, 2024 · Payment Mar 31, 2025

Dividend

Ex-dividend Jun 27, 2024

¥35.50

Semi-Annual

Record Jun 30, 2024 · Payment Sep 5, 2024

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