Sapporo Breweries Sets 5% Dividend Target and ¥170bn Buyback Plan Through 2030
The brewer's fresh four-year plan raises its dividend-on-equity goal to 5%, pencils in about ¥170bn of buybacks and ¥80bn of dividends through 2030, and spreads ¥300bn to ¥400bn of growth money across North American and Vietnamese brewing capacity, Asian distribution and domestic drink investment rather than a single project.