Edition:
United States

Kirin Holdings Co Ltd (2503.T)

2503.T on Tokyo Stock Exchange

2,674JPY
21 Nov 2017
Change (% chg)

¥16 (+0.58%)
Prev Close
¥2,658
Open
¥2,683
Day's High
¥2,690
Day's Low
¥2,673
Volume
2,141,100
Avg. Vol
2,704,472
52-wk High
¥2,810
52-wk Low
¥1,792

Latest Key Developments (Source: Significant Developments)

Kirin Holdings announces application of International Financial Reporting Standards
Tuesday, 31 Oct 2017 03:26am EDT 

Oct 31 (Reuters) - Kirin Holdings Co Ltd <2503.T>:Says it plans to adopt International Financial Reporting Standards for its consolidated financial statements from fiscal year ending Dec. 31, 2017, instead of the Japanese Generally Accepted Accounting Principles .  Full Article

‍Kirin-Amgen joint venture to become wholly-owned subsidiary of Amgen​
Tuesday, 31 Oct 2017 02:44am EDT 

Oct 31 (Reuters) - Amgen Inc :‍Kirin-Amgen joint venture to become wholly-owned subsidiary of Amgen​.‍Under terms of agreement, ‍Kirin-Amgen joint venture will pay $780 million to Kirin​.‍Kirin-Amgen will become a wholly-owned subsidiary of Amgen​.‍Joint venture ‍Kirin-Amgen will redeem Kirin's shares ​.‍Will make additional payments to Kirin upon occurrence of certain sales​.‍As sole shareholder of ‍Kirin-Amgen, Amgen will own product rights and remaining cash held by ‍Kirin-Amgen .‍License agreements between ‍Kirin-Amgen and KHK in certain Asian territories will remain in place​.  Full Article

Kirin Holdings says it now seeks to push debt reduction to 220 bln yen by December - Nikkei
Wednesday, 13 Sep 2017 06:31pm EDT 

Sept 14 (Reuters) - Nikkei::Kirin Holdings says it now seeks to push debt reduction to 220 billion yen by this December - Nikkei.By the end of this year, Kirin Holdings aims to shrink its net interest-bearing debt to 370 billion yen, a cut of 40% from a year earlier - Nikkei.  Full Article

R&I affirms Kirin Holdings's rating at "A+" and changes outlook to stable from negative-R&I
Thursday, 31 Aug 2017 02:34am EDT 

Aug 31 (Reuters) - Kirin Holdings Co Ltd <2503.T>:* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+"-R&I.* Rating outlook changed to stable from negative-R&I.  Full Article

R&I affirms Kyowa Hakko Kirin's rating at "A+" and announces stable outlook -R&I
Friday, 25 Aug 2017 02:58am EDT 

Aug 25(Reuters) - Kyowa Hakko Kirin Co Ltd <4151.T>:Says Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I.Rating outlook stable -R&I.  Full Article

Panion & BF Biotech signs license and exclusive distribution agreement with Kyowa Hakko Kirin Korea
Sunday, 19 Feb 2017 09:58pm EST 

Panion & BF Biotech Inc <1760.TWO>: Says it signed a license and exclusive distribution agreement with Kyowa Hakko Kirin Korea Co Ltd .Says the two companies will cooperate on development of Korea market for its new kidney disease durg named Nephoxil.  Full Article

Kirin Holdings' group operating profit likely rose more than 10% to 140 bln yen for the FY ended Dec. 31- Nikkei
Tuesday, 7 Feb 2017 04:00pm EST 

Nikkei- : Kirin Holdings' group operating profit likely rose more than 10% to around 140 billion yen for the fiscal year ended Dec. 31- Nikkei .Kirin Holdings' sales apparently slipped 6% to around 2.07 trillion yen for fiscal year ended Dec. 31- Nikkei.  Full Article

Kirin Holdings- Kirin Brewery and Kirin Holdings have concluded capital and business partnership agreement with Brooklyn Brewery
Wednesday, 12 Oct 2016 07:36am EDT 

Kirin Holdings Co Ltd <2503.T> : Kirin Holdings- Kirin Brewery and Kirin Holdings have concluded capital and business partnership agreement with Brooklyn Brewery . Kirin Holdings- Brooklyn Brewery will issue new shares to Kirin Brewery, and Kirin Brewery will acquire about 24.5 percent stake in Brooklyn Brewery . Kirin Holdings Co Ltd - Brooklyn Brewery will remain an independent craft beer brewer and no changes to the current management are planned . Kirin Holdings Co Ltd - Co and Brooklyn Brewery will establish a joint venture in Japan around January 2017 . Kirin Holdings- Kirin Brewery and Brooklyn Brewery plan to expand Brooklyn brand into Brazil .Kirin Holdings - joint venture will have planned capital contribution share of 60 percent from Kirin Brewery and 40 percent from Brooklyn Brewery.  Full Article

R& I affirms Kirin Holdings's rating at "A+" and changes outlook to negative – R& I
Monday, 22 Aug 2016 02:15am EDT 

Kirin Holdings Co Ltd <2503.T>: Rating and Investment Information, Inc. (R& I) affirmed the company's rating at "A+" – R& I .R& I changed rating outlook to negative from stable – R& I.  Full Article

Kirin Holdings will deepen American sales partnership with Anheuser-Busch Inbev - Nikkei
Thursday, 18 Aug 2016 01:14pm EDT 

Nikkei: Kirin Holdings will deepen an American sales partnership with Anheuser-Busch Inbev - Nikkei . Kirin Holdings Co Ltd aims to double its beer sales volume in the U.S. by 2021 - Nikkei .Employees of Kirin Brewery of America will be transferred to AB Inbev under new arrangement. They will form a special marketing team for Ichiban - Nikkei.  Full Article

Photo

San Miguel to consolidate food, beverage units in share swap

MANILA Philippine conglomerate San Miguel Corp announced a share swap among its group companies on Monday to combine its core food and beverage assets valued at 336 billion pesos ($6.6 billion).