Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Equity Bottom-Up

<ul>
<li>Q1 cost pressures surprised the market but the share price has already discounted the news</li>
<li>Underlying beer demand is solid as global economies recover from 2 years of Covid restrictions</li>
<li>Improving sales mix and higher prices should offset the cost pressures. With Asahi trading at the bottom of its valuation range, our glass is half full on the stock</li>
</ul>


Q1 cost pressures surprised the market but the share price has already discounted the news
Underlying beer demand is solid as global economies recover from 2 years of Covid restrictions
Improving sales mix and higher prices should offset the cost pressures. With Asahi trading at the bottom of its valuation range, our glass is half full on the stock


Asahi (2502 JP) | Is Your Glass Half Full or Half Empty?

Asahi Group Holdings

Asahi (2502 JP) | Is Your Glass Half Full or Half Empty?