Loading
Search
▼ Asahi Says Korean Beer Boycott Cost It ¥3 Billion Last Year
- Category:Gourmet
TOKYO - Japanese beer and beverage maker Asahi Group Holdings said Friday a South Korean consumer boycott of Japanese goods cost it around 3 billion yen ($27.32 million) last year.
“The impact is continuing in the current year,” Atsushi Katsuki, a senior Asahi executive told reporters. In addition to lost sales, the company was having to dispose of unsold beer which were past their expiry dates, he said.
Tensions between the two countries escalated after a South Korean court in 2018 ordered Japanese companies to compensate Koreans who were forced to work for Japanese occupiers during World War Two.
Japan later retaliated by restricting exports of high-tech materials to South Korea.
Before the boycott, South Korea had bought 61% of Japanese beer exports. Asahi Super Dry was the most popular import brand in South Korea, according to Euromonitor.
Asahi Group’s operating profit in 2019 fell 4.9% from a year earlier to 201 billion yen, hit also by a higher yen. The company expects a 1% rise to 203 billion yen in the current year, missing the market’s forecast for 242 billion yen, according to Refinitiv data.
“The impact is continuing in the current year,” Atsushi Katsuki, a senior Asahi executive told reporters. In addition to lost sales, the company was having to dispose of unsold beer which were past their expiry dates, he said.
Tensions between the two countries escalated after a South Korean court in 2018 ordered Japanese companies to compensate Koreans who were forced to work for Japanese occupiers during World War Two.
Japan later retaliated by restricting exports of high-tech materials to South Korea.
Before the boycott, South Korea had bought 61% of Japanese beer exports. Asahi Super Dry was the most popular import brand in South Korea, according to Euromonitor.
Asahi Group’s operating profit in 2019 fell 4.9% from a year earlier to 201 billion yen, hit also by a higher yen. The company expects a 1% rise to 203 billion yen in the current year, missing the market’s forecast for 242 billion yen, according to Refinitiv data.
- February 18, 2020
- Comment (5110)
- Trackback(0)
Comment(s) Write comment
Здорова, народ Отец не выходит из штопора Родственники не знают что делать В больницу тащить страшно Короче, единственные кто реально помог — наркологическая клиника в балашихе с лицензией Сняли ломку и стабилизировали состояние В общем, телефон и цены тут — наркологическая помощь балашиха [url=https://czena.narkologicheskaya-pomoshh-balashikha.ru]наркологическая помощь балашиха[/url] Наркологическая помощь — это реальный выход Перешлите тем кто в такой же ситуации
-
Narkologicheskaya pomosh_vgOa Web Site
- 18/8 04:30
Слушайте кто сталкивался Близкий человек уже несколько дней в запое Родственники не знают что делать Нужна срочная помощь на дому Короче, врачи приехали и поставили систему — вывод из запоя с выездом врача Сняли ломку и стабилизировали состояние В общем, телефон и цены тут — вывод из запоя наркология [url=https://reabilitacziya.vyvod-iz-zapoya-na-domu-moskva.ru]https://reabilitacziya.vyvod-iz-zapoya-na-domu-moskva.ru[/url] Звоните прямо сейчас Перешлите тем кто в такой же ситуации
-
Vivod iz zapoya na domy_urSl Web Site
- 18/8 04:10
Здорова, народ Близкий человек уже несколько дней в запое Родственники не знают что делать Нужна срочная помощь Короче, только это реально спасло — наркологическая клиника с палатами Приехали через 40 минут В общем, жмите чтобы сохранить — платная наркологическая клиника [url=https://czena.narkologicheskaya-pomoshh-balashikha.ru]https://czena.narkologicheskaya-pomoshh-balashikha.ru[/url] Звоните прямо сейчас Перешлите тем кто в такой же ситуации
-
Narkologicheskaya pomosh_lsOa Web Site
- 18/8 02:22
Люди помогите советом Ситуация критическая Соседи стучат в стену Нужна срочная помощь Короче, только это реально спасло — наркология в Балашихе качественно Через пару часов человек пришёл в себя В общем, жмите чтобы сохранить — наркология [url=https://czena.narkologicheskaya-pomoshh-balashikha.ru]наркология[/url] Звоните прямо сейчас Перешлите тем кто в такой же ситуации
-
Narkologicheskaya pomosh_tnOa Web Site
- 17/8 20:22
Здорова, народ Отец не выходит из штопора Дети напуганы В больницу тащить страшно Короче, только это реально спасло — вывод из запоя на дому цена доступная Поставили капельницу с детоксикационным раствором В общем, вся инфа по ссылке — цены на вывод из запоя на дому в люберцах [url=https://reabilitacziya.vyvod-iz-zapoya-na-domu-moskva.ru]https://reabilitacziya.vyvod-iz-zapoya-na-domu-moskva.ru[/url] Не ждите пока станет хуже Перешлите тем кто в такой же ситуации
-
Vivod iz zapoya na domy_hdSl Web Site
- 17/8 19:31
Слушайте кто знает Брат снова сорвался Жена в истерике Нужна срочная помощь на дому Короче, врачи приехали и поставили систему — снятие интоксикации на дому быстро Сняли ломку и стабилизировали состояние В общем, не потеряйте контакты — вывод из запоя на дому круглосуточно люберцы [url=https://detoks-7qt.vyvod-iz-zapoya-na-domu-moskva.ru]вывод из запоя на дому круглосуточно люберцы[/url] Вывод из запоя на дому — это реальный выход Перешлите тем кто в такой же ситуации
-
Vivod iz zapoya na domy_arsa Web Site
- 17/8 19:29
Люди подскажите Близкий человек уже несколько дней в запое Дети напуганы В больницу тащить страшно Короче, единственные кто реально помог — лечение алкоголизма в Балашихе анонимно Приехали через 40 минут В общем, не потеряйте контакты — наркология цены балашиха [url=https://zapoj.narkologicheskaya-pomoshh-balashikha.ru]наркология цены балашиха[/url] Наркологическая помощь — это реальный выход Перешлите тем кто в такой же ситуации
-
Narkologicheskaya pomosh_owpa Web Site
- 17/8 18:56
Балашиха, всем привет Близкий человек уже несколько дней в запое Жена в истерике В больницу тащить страшно Короче, только это реально спасло — наркология в Балашихе качественно Через пару часов человек пришёл в себя В общем, жмите чтобы сохранить — нарколог лечение балашиха [url=https://czena.narkologicheskaya-pomoshh-balashikha.ru]https://czena.narkologicheskaya-pomoshh-balashikha.ru[/url] Не ждите пока станет хуже Перешлите тем кто в такой же ситуации
-
Narkologicheskaya pomosh_aqOa Web Site
- 17/8 18:32
Здорова, народ Ситуация критическая Жена в истерике В больницу тащить страшно Короче, врачи приехали и поставили систему — наркологическая клиника Балашиха с гарантией Через пару часов человек пришёл в себя В общем, жмите чтобы сохранить — наркологическая помощь балашиха [url=https://kapelnicza.narkologicheskaya-pomoshh-balashikha.ru]наркологическая помощь балашиха[/url] Звоните прямо сейчас Перешлите тем кто в такой же ситуации
-
Narkologicheskaya pomosh_wrSa Web Site
- 17/8 18:21
Moving is always a challenge — had my own experience a few months ago, and I'm telling you, quite the ordeal. It starts harmless enough, then you're swimming in clutter. A buddy used one outfit, but I didn't want to gamble. So here's what I learned: when you need a decent moving company in nevada, compare several options. Simple: local nevada movers know the territory — especially with tight schedules. I personally — read through tons of feedback — and I'm not making this up, it prevented a disaster. Check out this source that put all the info together. nevada moving company [url=https://movers-in-nevada-mtw.com]https://movers-in-nevada-mtw.com[/url] Just that one link gave me what I needed. Everything is transparent — no surprise costs. Went with their recommendation and absolutely no problems. Be thorough with this. Nail down the timeline. Quality movers make all the difference. Best of luck with your move!
-
movers in nevada_fuSt Web Site
- 17/8 16:31
Moving is always a challenge — had my own experience a few months ago, and I'm telling you, quite the ordeal. You think packing is simple, then reality hits hard. A buddy used one outfit, but I didn't want to gamble. So here's what I learned: when you need a decent moving company in nevada, check reviews thoroughly. Here's the deal: experienced crews handle the heat better — especially on long hauls. For example — asked about insurance and all the fees — and I swear, it prevented a disaster. So take a look at this that helped me find the right fit. southern nevada movers [url=https://movers-in-nevada-mtw.com]https://movers-in-nevada-mtw.com[/url] Just that one link saved me hours of research. Everything is transparent — no surprise costs. I ended up booking through there and it was smooth sailing. Be thorough with this. Ask about licensing. The right company turns stress into routine. Best of luck with your move!
-
movers in nevada_iqSt Web Site
- 17/8 13:51
Moving is always a hassle — been there myself a few months ago, and no joke, what a nightmare. It seems easy at first, then you're buried under piles of stuff. A friend recommended one crew, but I decided to dig deeper. Anyway: when you're looking for reliable moving services around here, do your research upfront. The thing is, companies here handle the weather better — especially in summer heat. What I did — asked about insurance and extra fees — and trust me, it was absolutely worth it. So here's the link that helped me lock in a good choice. nevada movers [url=https://movers-in-nevada-vzk.com]nevada movers[/url] Honestly, that list cut my search in half. Prices are up front — clear breakdowns. I ended up going with them and it went smoothly. Take your time. Ask about equipment. A solid moving company turns stress into routine. Hope this helps!
-
movers in nevada_ctMn Web Site
- 17/8 12:30
Oh man, relocating is pure torture. Went through it just last summer, and seriously, what a disaster. First you grab some boxes, then it hits you how much crap you own. A friend hired a different crew, but I dug deeper myself. So here's the deal: when you're on the hunt for decent moving services out here, do your research up front. Look, nevada based movers know the local roads — especially for long hauls. I personally — asked about insurance and all the fees — and believe it or not, it was totally worth the time. So here's the link that finally made it clear. movers in nevada [url=https://movers-in-nevada-xhr.com]movers in nevada[/url] That one spot made everything obvious. Rates are transparent — no hidden charges. I ended up booking with them and it went flawlessly. Be smart about it. Check the credentials. Quality service is everything. You got this!
-
movers in nevada_kwkt Web Site
- 17/8 12:19
Moving is a whole production — went through this a couple of months back, and I'm telling you, total chaos. You grab some boxes, then reality hits hard. Someone at work had a good experience with a third, but I needed to be sure. Anyway: when you need movers in nevada, check reviews thoroughly. Why?: professional teams save you from drama — especially with tight schedules. Here's what worked for me — made a bunch of calls — and trust me, it was completely worth the time. Here's the link that put all the info together. nevada moving company [url=https://movers-in-nevada-mtw.com]https://movers-in-nevada-mtw.com[/url] Honestly that resource saved me hours of research. Everything is transparent — clear quotes. Set up my whole move and they delivered perfectly. Be thorough with this. Ask about licensing. Good service is worth every cent. Best of luck with your move!
-
movers in nevada_igSt Web Site
- 17/8 11:24
Vivod iz zapoya na domy_qzSl Web Site- 18/8 06:09