Asahi sales surge, targets growth despite market headwinds

Asahi (TSE:3333) announced strong financial results for the fiscal year ending February 20, 2025, with revenues hitting a record JPY81.59 billion, a 4.5% increase year-over-year. The company attributes this growth to its strengthened Online Merges with Offline (OMO) and Customer Relationship Management (CRM) strategies. These strategies offset challenges such as higher operational costs and a slow bicycle market. The company forecasts continued expansion in fiscal 2026, targeting JPY85.8 billion in revenue with a comprehensive strategy that includes improving e-commerce, a more customer-centric approach and strategic store openings. Despite headwinds such as rising construction and labor costs, Asahi plans to increase its dividend payout and continues to invest in its core strengths. The company will hold an annual financial results briefing on April 7, 2025.