A beer company first
Osaka Brewery had helped form Dai Nippon Brewery, which a law against concentrated economic power split up in 1949, creating Asahi Breweries.1,4 Its president was Tamesaburo Yamamoto.1,4
Backing Nikka
In 1954, with banks refusing Nikka loans, Asahi Breweries took a stake in the whisky maker, receiving half its issued shares from the Kaga and Shibakawa families.1,4,8 Kaga, a major shareholder in poor health, arranged the deal with Asahi president Tamesaburo Yamamoto, a longtime friend.1,4,8 In 1963, a grain whisky distillery was built inside the Nishinomiya brewery of Asahi, then part-owner of Nikka.9 In 1989 Nikka bought Ben Nevis from the brewer Whitbread, adding Scotch whisky to Asahi's brands.2,6,7
Full owner
In April 2001 Asahi Breweries brought Nikka's sales into its own business as Nikka became its wholly owned subsidiary.1,4,5 In July 2011 Asahi Breweries became Asahi Group Holdings, a holding company, with a new Asahi Breweries under it.1,3