Suntory's Niinami: Worried About Trump's Protectionism

The transcript discusses the challenges and strategies of a global company facing protectionism and trade uncertainties. It highlights the integration of Centauri and Beam, focusing on financial flexibility and future growth. The importance of cultural integration and the impact of Abenomics on business strategies are also explored.

What strategy is the company adopting to address the challenges of protectionism?

• Increasing imports from other countries

• Reducing production in all countries

• Enhancing local production and focusing on the US market

• Shifting all production to Mexico

What is the company's current focus after acquiring Beam?

• Reducing production in Kentucky

• Launching an IPO for Beam

• Integrating the acquisition and considering small acquisitions

• Expanding into new markets

What is the company's stance on launching an IPO for Beam?

• They have already launched the IPO

• They are planning to launch it soon

• They are undecided about the IPO

• They want to maintain 100% control and are not considering an IPO

How does the company plan to achieve its 2020 revenue target?

• By reducing workforce

• By acquiring more companies cross-border

• By increasing local sales only

• By focusing on cross-border expertise and M&A

What is a significant challenge for Japanese companies when acquiring businesses in the US?

• Limited market size in the US

• High import tariffs

• Cultural differences between Japan and the US

• Lack of financial resources

What aspect of Abenomics has not seen enough progress according to the discussion?

• Fiscal stimulus

• Monetary stimulus

• Tax reduction

• Structural reform

What is identified as a key success factor for innovation in Japan?

• Increased government control

• More diversity and immigration

• Reducing foreign investments

• Higher taxes on foreign companies