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Industries","tier":3,"returns_yearly":null},{"slug":"siemens-eda","name":"Siemens EDA","name_en":"Siemens EDA","tier":3,"returns_yearly":null},{"slug":"jsr","name":"JSR","name_en":"JSR Corporation","tier":3,"returns_yearly":null},{"slug":"openai","name":"OpenAI","name_en":"OpenAI","tier":3,"returns_yearly":null}],"analysis":"글로벌 포장식품 기업. 2026년 +6.1%다. 수요단(평균 -0.7%)·본주(+6.1%)·공급단(평균 +6.2%)이 비슷한 보폭이다. 전파가 한 바퀴 돈 동조 국면이라, 다음 구간은 사슬 방향보다 개별 실적이 가른다. 연결 노드 중 가장 앞선 곳은 알파벳 (구글)(+8.3%), 가장 처진 곳은 월마트(-3.2%)다. 격차가 사슬 논리로 설명되면 후자가 다음 전파 후보이고, 설명되지 않으면 그 연결 자체를 다시 봐야 한다.","analysis_en":"The Kraft Heinz Company operates across Global packaged-foods company. It is +6.1% in 2026. Demand side (avg -0.7%), the stock (+6.1%) and supply side (avg +6.2%) are moving in step. Propagation has completed a lap, so the next leg depends on individual results more than chain direction. Among connected nodes the furthest ahead is Alphabet (Google) (+8.3%) and the furthest behind is Walmart Inc (-3.2%). If chain logic explains the gap, the laggard is the next propagation candidate; if not, the link itself deserves a second look. Alongside ingredients and packaging, it spends on cloud, analytics, and advertising technology, while Walmart alone generated about 21% of FY2025 net sales.","analysis_asof":"2026-09-04"},"edges":[{"direction":"investor","counterparty":"Berkshire Hathaway","counterparty_slug":"berkshire-hathaway","confidence":"high","metric":{"type":"share","unit":"percent","as_of":"2026-02-12","basis":"Berkshire Hathaway의 크래프트 하인즈 보통주 보유 비율","value":27.5,"period":"as of 2026-01-16","basis_en":"Berkshire Hathaway ownership share of Kraft Heinz common stock","qualifier":"approximately"},"note":"버크셔 해서웨이는 2026년 1월 16일 기준 크래프트 하인즈 보통주의 약 27.5%를 보유한 대주주다. 같은 달 보유주식 재판매 등록이 이뤄졌지만, SEC 문서는 등록 자체가 실제 매각을 뜻하지 않는다고 명시한다.","note_en":"Berkshire Hathaway owned approximately 27.5% of Kraft Heinz common stock as of January 16, 2026. Its shares were registered for potential resale that month, but the SEC filing states that registration did not itself constitute a sale.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-12","url":"https://www.sec.gov/Archives/edgar/data/1637459/000163745926000009/khc-20251227.htm","title":"Kraft Heinz Co 10-K (2026-02-12)","title_en":"Kraft Heinz Co 10-K (2026-02-12)","excerpt":"2026년 1월 16일 기준 Berkshire Hathaway는 보통주의 약 27.5%를 보유했다.","excerpt_en":"As of January 16, 2026, Berkshire Hathaway owns approximately 27.5% of our common stock."},{"stance":"confirms","publisher":"KB증권","publisher_en":"KB Securities","kind":"research","lang":"ko","published_at":"2026-01-22","url":"https://file.alphasquare.co.kr/media/pdfs/market-report/1/2220260122KB%EC%A6%9D%EA%B6%8C.","title":"KB 리서치 모닝코멘트: 2026년 1월 22일","title_en":"KB Research Morning Comment: January 22, 2026","excerpt":"버크셔 해서웨이가 보유한 지분 27.5% 중 대부분을 매각할 가능성에 하락","excerpt_en":"Kraft Heinz fell on the possibility that Berkshire Hathaway could sell most of its 27.5% stake."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-01-20","url":"https://www.sec.gov/Archives/edgar/data/1637459/000110465926005089/tm263595-1_424b7.htm","title":"The Kraft Heinz Company Prospectus Supplement, 325,442,152 Shares","title_en":"The Kraft Heinz Company Prospectus Supplement, 325,442,152 Shares","excerpt":"매각 주주 Berkshire Hathaway의 3억2,544만2,152주는 발행주식의 27.5%로 기재됐다.","excerpt_en":"Berkshire Hathaway Inc. held 325,442,152 shares, representing 27.5% of common stock before the offering."}]},{"direction":"revenue","counterparty":"Walmart Inc","counterparty_slug":"walmart","confidence":"high","metric":{"type":"revenue_share","unit":"percent","as_of":"2026-02-12","basis":"FY2025 순매출 중 Walmart Inc 비중","value":21,"period":"FY2025","basis_en":"Walmart Inc share of FY2025 net sales","qualifier":"approximately"},"note":"월마트는 크래프트 하인즈의 최대 고객이다. 두 보고 부문 모두 월마트에 판매하며, FY2025 순매출의 약 21%가 월마트에서 발생했다.","note_en":"Walmart is Kraft Heinz's largest customer. Both reportable segments sell to Walmart, which generated about 21% of FY2025 net sales.","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-02-12","url":"https://www.sec.gov/Archives/edgar/data/1637459/000163745926000009/khc-20251227.htm","title":"Kraft Heinz Co 10-K (2026-02-12)","title_en":"Kraft Heinz Co 10-K (2026-02-12)","excerpt":"최대 고객인 Walmart Inc.는 2025년 순매출의 약 21%를 차지했다.","excerpt_en":"Our largest customer, Walmart Inc., represented approximately 21% of our net sales in 2025."}]},{"direction":"revenue","counterparty":"달러 제너럴","counterparty_slug":"dollar-general","confidence":"high","metric":{"type":"share","unit":"percent","as_of":"2024-05-31","basis":"달러 제너럴 내 크래프트 하인즈 제품 유통 범위의 전년 대비 증가율","value":10,"period":"year-over-year as of May 2024","basis_en":"Year-over-year growth in Kraft Heinz product distribution at Dollar General","qualifier":"approximately"},"note":"달러 제너럴은 크래프트 하인즈가 유통 확대를 추진하는 주요 가치 소매 채널이다. 회사는 달러 제너럴의 매장 데이터를 활용해 필요한 제품을 점포 단위로 배치하고 있으며, 2024년 5월 보도 기준 유통 범위가 전년보다 약 10% 늘었다.","note_en":"Dollar General is a major value-retail channel where Kraft Heinz is expanding distribution. The company uses Dollar General store data to place products at the store level, and reported distribution was about 10% higher year over year as of May 2024.","sources":[{"stance":"confirms","publisher":"크래프트 하인즈","publisher_en":"The Kraft Heinz Company","kind":"ir","lang":"en","published_at":"2024-10-30","url":"https://ir.kraftheinzcompany.com/media/document/2f1dfb49-cf0b-4410-9928-8459d9282a71/assets/3Q24%20KHC%20Q&A%20Transcript%20vFinal.pdf?disposition=inline","title":"크래프트 하인즈 2024년 3분기 실적 발표 Q&A","title_en":"The Kraft Heinz Company Q3 2024 Earnings Call Q&A","excerpt":"CEO는 클럽 채널과 달러 제너럴에서 유통 확대에 계속 집중하고 있다고 밝혔다.","excerpt_en":"We have continued to drive innovation in our products, while we continue to focus on expanding distribution, both in the club channel and Dollar General."},{"stance":"confirms","publisher":"Consumer Goods Technology","publisher_en":"Consumer Goods Technology","kind":"news","lang":"en","published_at":"2024-05-31","url":"https://consumergoods.com/kraft-heinz-and-dollar-general-build-shared-data-strategy-meet-consumer-value-mentality","title":"크래프트 하인즈와 달러 제너럴, 소비자 가치 수요에 대응하는 공동 데이터 전략 구축","title_en":"Kraft Heinz and Dollar General Build Shared Data Strategy to Meet Consumer Value Mentality","excerpt":"크래프트 하인즈의 달러 제너럴 내 유통 범위는 전년보다 약 10% 늘었다.","excerpt_en":"Kraft Heinz distribution with Dollar General has grown about 10% compared to last year."}]},{"direction":"cost","counterparty":"마이크로소프트","counterparty_slug":"microsoft","confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2022-04-21","basis":"Azure 클라우드와 공급망 혁신 다년 계약 금액","value":null,"period":"multiyear agreement announced 2022","basis_en":"Value of the multiyear Azure cloud and supply-chain innovation agreement","qualifier":"confirmed_no_disclosed_value"},"note":"크래프트 하인즈는 Azure를 선호 클라우드 플랫폼으로 정하고 글로벌 데이터센터 자산 대부분과 ERP를 SAP on Azure로 이전하는 다년 계약을 맺었다. 이는 공급망 관제, 공장 디지털 트윈과 데이터 분석에 직접 투입되는 IT 인프라 비용 관계다.","note_en":"Kraft Heinz selected Azure as its preferred cloud platform under a multiyear agreement covering most global datacenter assets and SAP on Azure. The technology supports supply-chain control, factory digital twins, and analytics.","sources":[{"stance":"confirms","publisher":"마이크로소프트","publisher_en":"Microsoft","kind":"news","lang":"en","published_at":"2022-04-21","url":"https://news.microsoft.com/source/2022/04/21/kraft-heinz-and-microsoft-join-forces-to-accelerate-supply-chain-innovation-as-part-of-broader-digital-transformation/","title":"Kraft Heinz and Microsoft join forces to accelerate supply chain innovation as part of broader digital transformation","title_en":"Kraft Heinz and Microsoft join forces to accelerate supply chain innovation as part of broader digital transformation","excerpt":"크래프트 하인즈는 Azure를 선호 클라우드로 삼아 글로벌 데이터센터 자산 대부분을 이전한다.","excerpt_en":"With Microsoft Azure as its preferred cloud platform, Kraft Heinz will migrate the majority of its global datacenter assets to Azure."}]},{"direction":"cost","counterparty":"알파벳 (구글)","counterparty_slug":"alphabet","confidence":"high","metric":{"type":"amount","unit":"USD","as_of":"2022-02-18","basis":"Google Cloud와 Google Ads 다년 제휴 금액","value":null,"period":"multiyear agreement announced 2022","basis_en":"Value of the multiyear Google Cloud and Google Ads partnership","qualifier":"confirmed_no_disclosed_value"},"note":"크래프트 하인즈는 Google Cloud의 데이터·분석 기술과 Google Ads를 쓰는 다년 전략 제휴를 체결했다. 클라우드 데이터 플랫폼, 제품 개발 분석과 광고 집행에 직접 연결되는 비용 관계다.","note_en":"Kraft Heinz entered a multiyear strategic partnership using Google Cloud data and analytics technology and Google Ads. The relationship directly supports its data platform, product-development analytics, and advertising operations.","sources":[{"stance":"confirms","publisher":"크래프트 하인즈","publisher_en":"The Kraft Heinz Company","kind":"news","lang":"en","published_at":"2022-02-18","url":"https://news.kraftheinzcompany.com/press-releases-details/2022/Kraft-Heinz-Partners-with-Google-to-Accelerate-and-Scale-Ambitious-Digital-Transformation-and-Sustainable-Innovation-Agenda/default.aspx","title":"Kraft Heinz Partners with Google to Accelerate and Scale Ambitious Digital Transformation and Sustainable Innovation Agenda","title_en":"Kraft Heinz Partners with Google to Accelerate and Scale Ambitious Digital Transformation and Sustainable Innovation Agenda","excerpt":"다년 제휴는 Google Cloud 데이터·분석 기술과 Google Ads를 활용한다.","excerpt_en":"From leveraging data and analytics technologies provided by Google Cloud, to enhancing the food giant's full-funnel marketing strategy with Google Ads."}]}]}