Asahi forecasts 2026 operating profit up 59.8% on rebound from 2025 one-offs

• Asahi forecast 2026 revenue growth of 11.2% with currency effects, or 5.4% on a constant-currency basis, citing a recovery in Japan & East Asia.
• Core operating profit seen rising 10.6% with currency effects, or 3.2% constant-currency, despite higher variable costs tied to system recovery.
• Operating profit expected to jump 59.8%, with profit attributable to owners of parent forecast up 59.6% on higher core profit.
• Guidance excludes any Middle East impact, flagged at an estimated JPY 10-15 billion potential 2026 cost increase, as well as a pending East Africa deal.
• System disruption expected to cut 2026 core operating profit by about JPY 9.5 billion, including JPY 6 billion in one-off A&P costs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asahi Group Holdings Ltd. published the original content used to generate this news brief on July 14, 2026, and is solely responsible for the information contained therein.