SAPPORO HOLDINGS LIMITED [2501.T]
TOKYO, Apr 21 (Pulse News Wire) – Sapporo Holdings Limited (2501.T) decided to sell intellectual property and hospitality assets related to the Stone brand to Firestone Walker, Inc., and streamline its production facilities in the United States. The company expects to record approximately $23 million in gains during the second quarter of fiscal 2026 but also anticipates recognizing impairment losses of around $15 million due to asset write-downs at the Escondido factory.
In addition to the asset sale, Sapporo plans to consolidate its U.S. operations by focusing production at the Richmond facility while ceasing beer manufacturing at the Escondido site by the end of 2026.
The restructuring aims to enhance operational efficiency and reduce fixed costs, improving overall profitability in the U.S. market.
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