Sapporo Holdings weighs real estate sales to pour resources into beer

TOKYO -- Japanese brewer Sapporo Holdings will consider unloading some of its real estate holdings in central Tokyo as the company seeks to refocus the business on beer making.

Sapporo runs three core segments overseeing alcoholic beverages, real estate, and food and soft drinks. But with the alcoholic beverages struggling with low profitability, the company is considering restructuring steps, including unloading real estate holdings and an infusion of outside capital into subsidiary Sapporo Real Estate.