Asahi to Ajinomoto CEOs Betting Deflation Will Defeat Abenomics

Asahi to Ajinomoto CEOs Betting Deflation Will Defeat Abenomics

Akio Kon/ Bloomberg

A liquor shop owner stocks cans of Asahi Breweries Ltd. Asahi Super Dry beer in Kawasaki, Kanagawa Prefecture, Japan. Beer shipments have declined for 8 straight years and Asahi hasn’t changed its forecast for 0.5 percent increase this year.