Suntory Beverage & Food Limited [2587.T]

TOKYO, May 13 (Pulse News Wire) – Suntory Beverage & Food Limited (2587.T) reported a revenue increase of ¥120.4 billion for the first quarter of 2026 compared to ¥110.3 billion in the same period last year. Operating profit declined slightly to ¥272 billion from ¥273 billion, while net profit was ¥151.5 billion from ¥152.7 billion due to higher tax expenses.

The company's earnings were impacted by foreign exchange rates, with the dollar strengthening against the yen by approximately 2.8%. Other currencies such as the euro and British pound also appreciated significantly, affecting international operations. In regional performance, sales in Europe increased by 3%, while Asia saw a marginal rise of 1%. Sales in Oceania surged by 17%, driven by strong demand in Australia and New Zealand.

However, North America experienced a slight decline of 4%. Sales volumes for key brands in Japan showed mixed results, with Iyemon and Green DA·KA·RA experiencing minor declines, while Boss and Gekka Ichiban posted modest gains. Overall, total sales volume in Japan grew by 3.6% to ¥89.5 million cases. Suntory Beverage & Food continues to focus on cost management and operational efficiency across its global markets to mitigate the effects of fluctuating exchange rates and maintain profitability.

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