Page 42 - Kirin Holdings Teaching Note
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Timeline Events Since 2015


                 2015Jan.  Kirin Brewery Co., Ltd. establishes SPRING VALLEY BREWERY
                              COMPANY which develops craft beer business.
                 2015Jul.     Kirin Beverage Value Vendor Co., Ltd. established.
                              ※Merger with Kirin Beverage Co., Ltd. in Jan. 2019
                 2015Aug.  Acquires a stake in Myanmar Brewery in the Myanmar.
                 2016Feb.  Formulates corporate governance policy.
                 2016Jul.     Indústria Agrícola Tozan changes its name to AZUMA KIRIN Indústria
                              e Comércio de Bebidas e Alimentos Ltda.
                 2016Oct.  Kirin Holdings Co., Ltd. and Kirin Brewery Co., Ltd. make a capital and
                              business alliance with Brooklyn Brewery Corporation.
                 2017Feb.  Formulates Kirin Group’s CSV commitment.

                 2017Sep.  Launches a new brand iMUSE which used original material
                              “Lactococcus lactis strain Plasma“.
                 2018Apr.  Kyowa Kirin Co., Ltd. launches Crysvita in Europe and America
                 2018Jul.     Kirin Holdings Co., Ltd. and Mitsui & Co,Ltd. invest jointly in Thorne
                              Research in the U.S.
                 2018Sep.  Mercian Corpolation opens Chateau Mercian Kikyogahara Winery.
                 2019Feb.  Kirin Group defines CSV Purpose as its Long-Term Non-Financial
                              Targets.
                 2019Apr.  Acquires a 95% of stake in Kyowa Hakko Bio Co., Ltd.


                 Key          Merger/Alliance        Acquisition/stake         Ownership/control
                 Diagram 1



               Value creation is dependent to a great extent on the efficacy

               of Kirin’s human resources which underpin its competitive

               advantage and organisational capability.

               Kirin is dependent upon securing and developing human

               resources at all levels and particularly those for Group
               management and those specialised human resources who


               support Group business activities.

               With the amazing advances in medical technology helping

               people enjoy longer lives, attention in Japan and overseas is

               starting to focus on health management and disease

               prevention, or what is being called the “pre-disease” area
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