Japan's Kirin Holdings reported losses in Myanmar amid a shaky market outlook exacerbated by the military takeover in February, Nikkei Asia reported.

Kirin Holdings on Tuesday posted an impairment loss of over 21.4 billion yen ($193 million) in the six months through June on account of its beer production businesses in Myanmar.

Kirin owns 51% of two beer production companies, Myanmar Brewery and Mandalay Brewery.