Issue of Annual Report 2010
Issue of Annual Report 2010
Issue of Annual Report 2010
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Gains Traction<br />
Contents<br />
Sapporo Group Management Plan 2011–2012<br />
Group Portfolio at a Glance<br />
Overseas Deployment<br />
02 Financial Highlights<br />
04 To Our Stakeholders<br />
06 Interview With the President<br />
12 Feature 1: Vietnam Brewery Operation<br />
14 Feature 2: Management Integration With<br />
POKKA CORPORATION<br />
16 Performance Review and Plan<br />
16 Alcoholic Beverages (Japan)<br />
18 Alcoholic Beverages (International)<br />
20 S<strong>of</strong>t Drinks<br />
21 Restaurants<br />
22 Real Estate<br />
23 Corporate Governance<br />
26 Board <strong>of</strong> Directors and Auditors<br />
28 Five-Year Summary<br />
29 Management’s Discussion and Analysis<br />
32 Consolidated Balance Sheets<br />
34 Consolidated Statements <strong>of</strong> Income<br />
35 Consolidated Statements <strong>of</strong> Shareholders’ Equity<br />
36 Consolidated Statements <strong>of</strong> Cash Flows<br />
37 Notes to Consolidated Financial Statements<br />
57 Corporate Data<br />
*All figures in this annual report are rounded to the nearest<br />
applicable unit.<br />
SAPPORO HOLDINGS LIMITED<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>
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