Kirin to make, sell Ichiban Shibori beer in Myanmar

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Kirin Holdings will begin brewing and selling its flagship Ichiban Shibori beer in Myanmar as early as this month.
The Japanese brewer will make the premium beer at the Yangon plant of Myanmar Brewery, which Kirin acquired last summer. It will initially provide it to Japanese restaurants and other high-end eateries, and aims to supply around 150 outlets within the year. Cans and bottles for retail stores will be rolled out gradually in the future.
Ichiban Shibori will be sold to restaurants for just under 300 yen ($2.67) per bottle, around 50% more than typical local beer and in the same price range as premium European brands.
Myanmar Brewery has an 80% share of the country’s market. Most of its products are in lower price ranges and it has lacked a high-end lineup to challenge European brewers. By selling Ichiban Shibori along with Myanmar Brewery’s existing brands, Kirin aims to offer beer in a wide range of prices and fight back against European competitors.
Kirin sold the equivalent of 5.42 million 20-bottle cases of its beer brands overseas in 2015. It is targeting 6% growth to 5.72 million cases in 2016.
Questions & Answers
Q.Which company will be responsible for brewing Ichiban Shibori beer in Myanmar?
Which company will be responsible for brewing Ichiban Shibori beer in Myanmar?
Kirin will make its premium beer at the Yangon plant of Myanmar Brewery. Kirin acquired Myanmar Brewery last summer, and it already holds an 80% share of the country's beer market.
Q.What is the initial target market for Ichiban Shibori beer in Myanmar?
What is the initial target market for Ichiban Shibori beer in Myanmar?
Initially, the beer will be supplied to Japanese restaurants and other high-end eateries. Kirin aims to provide it to around 150 such outlets within the first year of operation.
Q.How does Ichiban Shibori's price compare to other beers in the Myanmar market?
How does Ichiban Shibori's price compare to other beers in the Myanmar market?
One bottle of Ichiban Shibori will be sold to restaurants for just under 300 yen, which is approximately 50% more than typical local beer prices. This places it in the same price range as premium European brands.
Q.What is Kirin's strategic goal by introducing Ichiban Shibori in Myanmar?
What is Kirin's strategic goal by introducing Ichiban Shibori in Myanmar?
Kirin aims to offer beer across a wide range of prices by adding Ichiban Shibori to Myanmar Brewery's existing portfolio. This strategy is intended to help Kirin compete more effectively against European brewers.
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