All articles tagged with #suntory
Jim Beam will cease production at its Kentucky distillery in 2026 for site upgrades amid industry challenges like tariffs and declining alcohol consumption, while other operations remain open; the move is part of broader industry impacts from trade tensions and market oversupply.
Jim Beam will halt production at its Kentucky distillery for a year to invest in site improvements, amid industry challenges from trade tariffs and market uncertainties, while other operations continue as usual.
Jim Beam will pause distillation at its Clermont, Kentucky, facility for all of 2026 to upgrade the distillery, shifting production to other plants while continuing bottling, warehousing, and visitor operations, reflecting broader industry trends amid record bourbon aging.
Takeshi Niinami, former Suntory chairman, used CBD supplements purchased in the US to manage jet lag and claims he did not violate Japanese laws as he never possessed the products in Japan, where CBD laws are strict. The authorities are investigating whether the supplements are illegal in Japan.
Takeshi Niinami, CEO of Suntory, resigned after his home was searched in connection with an investigation into his purchase of a CBD supplement believed to contain THC, raising concerns about corporate governance and legal compliance in Japan. Despite denying wrongdoing, Niinami stepped down, and the company faces ongoing scrutiny.
Takeshi Niinami, CEO of Suntory, resigned following a police investigation into his purchase of illegal supplements, which he believed were legal. The company emphasized strict compliance with laws and appointed Nobuhiro Torii as the new leader, with no replacement for the CEO role. The investigation pertains to supplements not produced by Suntory, and Niinami's resignation was accepted after he offered to step down.
Takeshi Niinami resigned as CEO of Suntory after a police search linked to allegations of purchasing a cannabis-containing supplement, raising concerns about corporate governance and legal compliance in Japan. The investigation impacts Suntory's stock and reputation, highlighting the risks of legal issues in the corporate world.
Takeshi Niinami, chairman of Suntory, resigned following a police investigation into his purchase of a supplement that may contain illegal substances in Japan, highlighting the country's strict drug laws.
Takeshi Niinami has resigned as chairman of Suntory Holdings amid a police probe into his alleged purchase of a potentially illegal supplement, highlighting a significant corporate scandal in Japan.
Shares of Boston Beer Company, known for its Samuel Adams brand, surged on reports that it is in early talks to sell to Japanese whiskey maker Suntory. The potential acquisition would give Suntory a larger presence in the U.S. market. Boston Beer, which also owns Truly Hard Seltzer and Twisted Tea, has faced challenges with shifting consumer preferences and a 25% drop in shares this year.
Boston Beer Company Inc, known for brands like Samuel Adams and Truly Hard Seltzer, is reportedly in talks to be sold to Suntory, the owner of Jim Beam. The potential sale, which would value Boston Beer at a premium to its current $3 billion market cap, comes as the company's shares have dropped 25% this year. The deal requires approval from founder Jim Koch, who holds 100% of the voting rights.