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Kirin Holdings rises for third consecutive day on completion of Four Roses sale and wine price hikes

Thu Apr 2, 2026 10:21 am JST Catalyst

Kirin Holdings Company, Limited <2503> rose for the third consecutive day. The company announced on the 2nd that it has completed the sale of its U.S. bourbon whiskey brand "Four Roses." The sale is expected to generate approximately \29 billion in "other operating income." The final impact on earnings is currently under review. The company also announced on the 1st that it will revise shipping prices for some of its wine products, both of which appear to have supported the stock price.

The Four Roses sale was completed on the 1st, Pacific Time, with the buyer being E. & J. Gallo Winery, a major U.S. wine producer. The wine price revisions by Mercian, a subsidiary of Kirin Holdings, will take effect on September 1st, covering approximately 30 products including domestically produced wines "Bistro" and "Oishii Sankaboshizai Mutenka Wine," as well as imported wine "Frontera." Prices will be raised by 1% to 8% from current shipping prices.

Source: MINKABU PRESS

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