Beer is a declining industry, but Kirin has holdings also in pharma and cosmetics. Buying back shares and creating value for shareholders. Sees it as creating double-digit return over the next number of years. (Target price in yen.) Yield is 3.15%. (Analysts’ price target is $2636.67)
(A Top Pick Jul 28/21, Up 10%) A Japanese beer company. Trades at 10x PE and pays a 3% dividend. Managers are modern-thinking--are aggressively buying back shares. Great market share.
Its Japanese stock symbol is 2503 TYO. It is the second largest beer company, next to Sapporo and 60% of its market cap is pharmaceutical and cosmetics. It trades at 11X earnings, has a 3.3% dividend yield and is buying back stock. A great consumer products business. Buy 7, Hold 8, Sell 0.
A major Japanese beer company with two-thirds of its business in consumer products. It is buying back shares and growing its 3% dividend.