Suntory Holdings CEO: Have to See What Will Happen With Trade

The transcript discusses Suntory's strategic approach in China, emphasizing their commitment to the market despite short-term uncertainties. It covers capital expenditure plans, consumer demand, and the impact of tariffs on their business. The conversation also touches on revenue distribution, with a focus on expanding in Asia and the US. Additionally, it addresses the potential effects of a sales tax hike in Japan and the importance of strong Japan-China relations. Finally, the transcript explores the implications of ABN Bev's IPO and Suntory's focus on premium products.

What is the company's current approach towards its operations in China?

• They are increasing their investments aggressively.

• They are withdrawing from the market.

• They are maintaining their presence but cautious about future investments.

• They have completely halted all operations.

How is the company planning to approach capital expenditure in China in the short term?

• By increasing production lines aggressively.

• By focusing on human resources and e-commerce.

• By building new factories immediately.

• By withdrawing all investments.

What is the company's observation regarding consumer demand for Jim Beam in China?

• Demand is stable with no negative symptoms observed.

• Demand is non-existent.

• Demand is significantly decreasing.

• Demand is increasing rapidly.

What challenge does the company face in Europe due to tariffs?

• Increased production costs.

• Difficulty in raising prices due to economic conditions.

• Lack of consumer interest in their products.

• Excessive competition from local brands.

What is the company's strategy for its market share in Asia by 2030?

• To maintain Japan as the primary market.

• To reduce Japan's share and increase presence in other Asian markets.

• To exit the Asian market completely.

• To focus solely on the Japanese market.

How does the company view the potential impact of ABN Bev's IPO in Hong Kong?

• It will significantly alter their strategic plans.

• It will have no impact on their premium product strategy.

• It will force them to lower prices.

• It will lead to a merger with ABN Bev.

What is the company's focus in leveraging trade agreements?

• To exit the Asian market.

• To focus only on the domestic market.

• To compete effectively against global competitors.

• To avoid any international trade.