Asahi shares fall after cyberattack-hit FY2025 earnings miss guidance, with operating profit down 31%
Shares of Asahi Group Holdings,Ltd. <2502> declined after announcing late on June 11 that consolidated earnings for the year ended December 2025 missed its previous guidance across all key metrics.
Net sales fell to 2.89 trillion yen from a prior forecast of 2.95 trillion yen, down 1.7% year-on-year. Operating profit dropped to 185 billion yen from the projected 255 billion yen, down 31.2% year-on-year. Net profit came in at 120 billion yen, down from the forecast of 167.5 billion yen, marking a 37.5% year-on-year decrease.
The shortfall was attributed to a system outage caused by a cyberattack in September last year, weighing on revenue. Results were also pressured by higher-than-expected raw material costs, as well as impairment losses and expenses related to the system disruption. Asahi Group will formally disclose full FY2025 results on July 8.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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