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Sapporo Holdings Limited (SOOBF)

42.10

+1.38

+(3.39%)

At close: May 2 at 4:00:00 PM EDT

Japan's Sapporo needs to be more transparent on real estate sales, board candidate says

Beer manufacturer Sapporo Holdings Ltd needs to be more transparent about its plans to divest some of its substantial real estate holdings, said a board candidate backed by the Japanese company's largest shareholder. Paul Brough, a former independent director at Toshiba and nominee of Singapore-based 3D Investment Partners, said Sapporo has strong brands but has been plagued with poor results and ineffective capital allocation. "We need to build transparency with our shareholders," Brough said in an interview on Friday.

Reuters last month

2501.T
Sapporo promotes Hiroshi Tokimatsu to role of president

Masaki Oga, the current president, will transition to the role of special advisor.

Just Drinks 4 months ago

2501.T

Performance Overview

Return	SOOBF	Nikkei 225 (^N225)
YTD	--	-7.68%
1-Year	-525.25%	-3.68%
3-Year	-3,418.85%	+37.33%