Strategies for Each Business Domain Toward 2027

We aim for sustainable growth by appropriately allocating resources according to the stage of each business and creating an optimal business portfolio.

Alcoholic & Non-Alcoholic Beverages Businesses

Segment’s NOP Growth Rate (CAGR) Mid single digit %

Focus Area

Further evolve product development and marketing to meet consumer needs in terms of taste, health, empathy, etc., and implement pricing strategies while improving brand power

  • Steadily improve unit price through price revision and mix improvement
  • Improve Normalized OP margin and ensure stable growth in EPS contribution

Initiatives up to 2024

  • Strengthened focus brands in response to changing consumer needs
  • Differentiated our products and contributed to society by continually expanding our health science products portfolio
  • Expanded premium products that could be differentiated from other products (including brand expansion from Japan to overseas)
  • Improved productivity of the supply chain through facility investments and digitalization

Initiatives toward 2027

  • Strengthen high-profit categories and products, with a focus on beer, to achieve above-market growth
  • Improve profitability by strengthening the RTD category in Australia and the United States
  • Improve profit margin by accelerating growth of health science beverages and other high-profit products
  • Optimize price management and operations for the US consumption market

Pharmaceuticals Business

Segment’s NOP Growth Rate (CAGR) Mid single digit %

Focus Area

  • Steady growth of global strategic products and continued aggressive R&D investment for future growth to continuously create life changing value

Initiatives up to 2024

  • Grew global strategic products
  • Began clinical trials for KHK4083 (for atopic dermatitis)
  • Continued making investment to further expand our pipeline

Initiatives toward 2027

  • Realize sustainable growth of global strategic products
  • Implement initiatives to apply for KHK4083’s approval in 2026 as a treatment for atopic dermatitis
  • Apply for ziftomenib’s approval in the US and promote clinical trials

Health Science Business

Segment’s Normalized OP level for 2027 18.0-20.0 billion yen

Focus Area

  • Implement initiatives for each brand in developing areas to realize growth that outpaces market growth

Initiatives up to 2024

  • Acquired Blackmores and FANCL. Established a growth strategy in Japan and the Asia-Pacific
  • Agreement on the transfer of Kyowa Hakko Bio Co., Ltd.’s amino acid business and others
  • Expanded the LC-Plasma business

Initiatives toward 2027

  • Realize growth of both Blackmores and FANCL and integrate them as planned to realize cost synergy
  • Kirin Holdings and FANCL will collaborate to establish a strategy toward developing examples of new value creation in inner and outer beauty and a plan to implement it
  • Enhance the value of our proprietary material LC-Plasma and expand its business both in Japan and overseas to achieve profitability by 2025
  • Transfer Kyowa Hakko Bio’s amino acid business and other businesses in 2025