Orion Beer, based in Tomigusuku, Okinawa, has applied to list on the Tokyo Stock Exchange as early as September, potentially becoming the first manufacturer headquartered in Okinawa to go public. The company entered joint ownership under Nomura Holdings and U.S.-based Carlyle Group in 2019. After a pandemic-induced slump, sales rebounded amid a tourism surge, reaching a record ¥27.8 billion in FY2024, up 12% year-on-year. Operating profit rose 3% to ¥3.2 billion. Ahead of its IPO, Orion streamlined operations by selling a city hotel in Naha to focus on a resort near the new Jangalia Okinawa theme park, where it holds exclusive alcohol sales rights. Source: Okinawa Times
Photo from Orion Beer official facebook
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