Kirin Holdings Company, LimitedJP:2503

Market cap
¥2.08T
P/E ratio
18.5x
Dec 31,
2018
Dec 31,
2019
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Profit (loss) before tax246,852116,823124,55099,617191,387197,049
Depreciation and amortization67,94680,74282,10981,13085,93787,227
Impairment losses (reversal of impairment losses)3,39064,31829,61977,39066,20029,987
Reversal of impairment losses-OpeCF (IFRS)-3,360-13,152-64
Interest and dividend income-5,491-4,511-2,752-2,718-4,497-4,120
Share of loss (profit) of investments accounted for using equity method-28,448-33,722-24,752-34,490-22,780-32,773
Interest expenses5,6966,7004,8904,4484,8945,932
Gain on sale of property, plant and equipment and intangible assets-12,397-3,218-1,629-3,061-9,512-6,119
Loss (gain) on sale and retirement of property, plant and equipment, and intangible assets2,0921,9561,7041,7824,5712,616
Gain on sales of subsidiaries-OpeCF (IFRS)-12,103-42-23-14,822
Loss on sale of subsidiaries25019,358
Gain on sale of equity-accounted investees-19,782-48,088-15,470
Decrease (increase) in trade receivables-15,1546,1823,781-9,106-8,455-13,365
Decrease (increase) in inventories-16,124-17,248-6,081-20,353-39,490-20,063
Increase (decrease) in trade payables5,262-8,039-1,1063,51418,38410,972
Increase (decrease) in liquor taxes payable-OpeCF (IFRS)2,706-5,021-3921,586-7,383434
Other4,238-2,027-7,10032,289-34,002-29,339
Subtotal225,322202,935202,800232,004184,014217,440
Interest and dividends received18,68419,71721,47021,03624,73127,855
Interest paid-6,036-6,398-4,791-4,145-4,367-5,441
Income taxes paid-39,919-37,428-54,641-29,592-68,815-36,647
Net cash provided by (used in) operating activities198,051178,826164,839219,303135,562203,206
Purchase of property, plant and equipment, and intangible assets-87,885-96,397-93,026-86,335-98,479-113,810
Proceeds from sale of property, plant and equipment, and intangible assets18,6935,8762,0836,97711,3247,465
Purchase of investments-2,810-3,674-606-2,907-2,425-1,380
Proceeds from sales of investments30,36837,26519,40122,1227,8847,990
Purchase of shares of subsidiaries-4,348-4,508-39,628-45,455-46,183-162,097
Payment for sale of shares of subsidiary due to change in scope of consolidation-InvCF (IFRS)-442-5,006
Proceeds from sale of shares of subsidiaries9,08721,0871842,8868,024
Purchase of investments accounted for using equity method-15,496-134,497-1,885-162-9,382-18
Proceeds from sale of investments accounted for using equity method85,0595,101122,24924,017
Other1,225-772-2,3391,3655,0548,723
Net cash provided by (used in) investing activities47,389-175,619-115,981-56,408-10,399-226,091
Net increase (decrease) in short-term borrowings8613933564,641-6,083-1,900
Increase (decrease) in commercial paper-FinCF (IFRS)127,00028,003-81,994-55,009-18,000
Proceeds from long-term borrowings30,55240,659135,0001,00071,851171,532
Repayments of long-term borrowings-54,857-69,596-86,570-50,000-67,612-63,478
Proceeds from issuance of bonds25,00070,00060,00070,00020,00093,000
Redemption of bonds-70,000-50,000-20,000-40,000-55,000
Repayments of lease liabilities-16,437-16,554-18,420-19,387-18,621
Purchase of treasury shares-100,061-23,270-76,811-34-50,040-25
Purchase of treasury stock of subsidiaries in consolidation-22,601-14-23-11-10
Proceeds from settlement of derivatives-FinCF (IFRS)4,072
Dividends paid-44,823-51,366-55,326-54,184-53,778-57,500
Dividends paid to non-controlling interests-10,892-13,871-14,815-11,182-11,688-13,660
Other-2,465-909-652-266-151-428
Net cash provided by (used in) financing activities-226,699-9,997-52,474-180,463-167,83535,909
Effect of exchange rate changes on cash and cash equivalents-7,626-641-3885,3886,7284,832
Net increase (decrease) in cash and cash equivalents11,115-7,431-4,004-12,180-35,94417,855
Net increase (decrease) in cash and cash equivalents resulting from transfer to assets held for sale-25,48425,484