Asahi Group Holdings FY2025: The Numbers Behind the Cyberattack’s Commercial Consequences.

Asahi Group Holdings has reported full-year results for fiscal year 2025, confirming that a cyberattack in September 2025 materially disrupted its Japanese operations and drove a significant deterioration across its headline financial measures. Group revenue fell 1.5% to ¥2,894.7 billion (–1.4% on a constant currency basis). Core operating profit – the company’s primary measure of normalised business performance – declined 7.8% to ¥263.0 billion. Operating profit fell 30.9% to ¥185.9 billion, and profit attributable to owners of the parent fell 36.7% to ¥121.6 billion. Free cash flow turned sharply negative at –¥43.4 billion, compared with +¥285.1 billion in 2024. Interest-bearing debt rose 28.5% to ¥1,644.2 billion, driving the net debt-to-EBITDA ratio to 3.70x from 2.49x at the end of 2024.