Sapporo Reports Hefty $92 Million Impairment Charge on Stone Brewing

Dear Client: Sapporo Holdings was among the first Asian breweries to majorly invest in an American craft brewery (Anchor). And it was also one of the first Asian breweries to use the model of purchasing a craft brewer to bring its own production to one of the largest beer drinking audiences in the world after it purchased Stone Brewing in 2022 [see CBD 06-02-2022].  But after the company reported late last month it took a $92 million impairment loss against