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.
 
 

Comment(s) Write comment

Hello, friend!
Is online casino legal in India depends on location. [url=https://newcasinosites.shop]best online casino in india[/url] Research local gambling laws.
Read the link - https://newcasinosites.shop/
online casino india app download
is online casino legal in india

Enjoy your study session!
Hey there!
Is online casino legal in India depends on location. [url=https://newcasinosites.shop]best online casino india[/url] Research local gambling laws.
Read the link - https://newcasinosites.shop
indian online casino
online casino in india

Have a great day!
Welcome aboard!
Enjoy peace of mind with our secure login live online gaming casino system that protects your personal information and gaming activities. [url=https://mobilecasinoplay.shop/]casino games for real money online[/url] Trust in our secure login live online gaming casino infrastructure for a worry-free gaming experience every time you play.
Check out this link - https://mobilecasinoplay.shop
real money casinos canada

Enjoy your gaming experience!!
Hi, bro!
Master the art of live online gaming roulette casino strategy with our comprehensive guides and expert tips. [url=https://mobilecasinoplay.shop/]casino games for real money online[/url] Learn proven live online gaming roulette casino strategy techniques from professional players and start playing smarter today.
Check out this link - https://mobilecasinoplay.shop/
online casino canada real money jackpot city

Best of luck!
¡Buenas!
Casino real online chile se destaca por su compromiso con la transparencia y la satisfacciГіn del cliente. [url=https://jackpotwins.shop/]tu casino en casa chile[/url] Elige casino real online chile para disfrutar de juegos honestos y oportunidades reales de victoria.
Lee este enlace - https://jackpotwins.shop
888 casino chile

¡Buena suerte!
¡Buenas!
888 casino chile ha establecido nuevos estГЎndares en la industria del juego online con su plataforma innovadora. [url=https://jackpotwins.shop]1xbet casino chile[/url] Descubre por quГ© 888 casino chile es la elecciГіn preferida de jugadores experimentados en todo el paГ­s.
Lee este enlace - https://jackpotwins.shop/
tu casino en casa chile

¡Buena suerte!
¡Saludos!
El casino en lГ­nea dinero real ofrece premios reales. [url=https://smartphonecasino.cfd/]casino online dinero real mГ©xico[/url] Gana desde tu casa hoy.
Lee este enlace - https://smartphonecasino.cfd/
casino en lГ­nea confiable
casino real en linea
casino online mГ©xico dinero real

¡Buena suerte!
¡Qué tal!
Un casino en lГ­nea confiable garantiza seguridad total. [url=https://smartphonecasino.cfd]casino en lГ­nea dinero real[/url] Juega con tranquilidad y confianza.
Lee este enlace - https://smartphonecasino.cfd
casino online dinero real mГ©xico
casino real en linea
casino en lГ­nea confiable

¡Buena suerte!
Привет, друг!
10 лучших казино онлайн Казахстан проверены экспертами. [url=https://mobilecasinogames.cfd]пин ап казино онлайн казахстан[/url] Выбирайте надежные игровые площадки.
Переходи: - https://mobilecasinogames.cfd
онлайн казино в казахстане
онлайн казино кз
проверенные онлайн казино с выводом денег казахстан

До встречи!
Здарова!
Топ онлайн казино Узбекистан обновляется ежемесячно. [url=https://casinostrategies.cfd]топ онлайн казино узбекистан[/url] Рейтинги помогают выбрать площадку.
По ссылке: - https://casinostrategies.cfd/
лучшие онлайн казино в узбекистане
топ онлайн казино узбекистан
онлайн казино ташкент

Пока!
Как сам!
Лучшие онлайн казино в Узбекистане проверены временем. [url=https://casinostrategies.cfd]лучшие онлайн казино в узбекистане[/url] Они предлагают честную игру.
По ссылке: - https://casinostrategies.cfd
казино онлайн узбекистан
можно ли играть в онлайн казино в узбекистане
лучшие онлайн казино в узбекистане

До встречи!
What's up!
Ready to join live online gaming casino now and start your winning journey today? When you join live online gaming casino now, you'll gain access to exclusive games, generous bonuses, and 24/7 customer support. [url=https://livegamingonline.cfd/]canadian real money casino[/url] Don't wait any longer - join live online gaming casino now and experience the difference that premium gaming platforms make.
Read the link - https://livegamingonline.cfd
online casino canada real money jackpot city
casino apps for real money
free cash bonus no deposit casino canada real money

Enjoy your gaming experience!!
What's up!
Enjoy live online gaming blackjack free bonus offers that give you extra playing power without additional cost. Our live online gaming blackjack free bonus promotions are designed to maximize your gaming experience and winning potential. [url=https://livegamingonline.cfd]casino apps for real money[/url] Take advantage of our live online gaming blackjack free bonus deals and discover why players choose our platform for authentic blackjack action.
Check this example resource - https://livegamingonline.cfd
online casino real money no deposit canada
real money casinos canada
canadian real money casino

Good luck!
¡Hola amigo!
[url=https://casinogamesonline.cfd]juegos de casino en linea con dinero real bolivia[/url]
Lee este enlace - https://casinogamesonline.cfd/
como jugar casino en linea con dinero real bolivia
casino online dinero real bolivia
casino con dinero real bolivia

¡Buena suerte!
¡Buenas!
[url=https://casinogamesonline.cfd/]casino online dinero real bolivia[/url]
Lee este enlace - https://casinogamesonline.cfd/
como jugar casino en linea con dinero real bolivia
casino online dinero real bolivia
casino en bolivia

¡Buena suerte!

Trackback (You need to login.)