Coca-Cola Bottlers Japan Holdings KK

Latest Results (14.08.2024):

Revenue Growth

Coca-Cola Bottlers Japan Holdings KK reported a revenue of 411,455 million yen for the first half of 2024, showing an increase from 404,109 million yen in the same period of the previous year. This growth is attributed to the recovery in traffic and increased demand despite the negative impact of price revisions implemented by beverage companies.

Business Income

The business income for Coca-Cola Bottlers Japan Holdings KK in the first half of 2024 was 1,207 million yen, a significant improvement from a loss of 6,529 million yen in the first half of 2023. This positive change reflects the company's efforts in cost savings and strategic business initiatives.

Net Income

For the first half of 2024, Coca-Cola Bottlers Japan Holdings KK reported a net income attributable to owners of the parent of 1,128 million yen, compared to a net loss of 2,853 million yen in the same period of the previous year. This turnaround is a result of the company's focus on profitability and cost management.

Dividends

Coca-Cola Bottlers Japan Holdings KK declared a dividend of 25.00 yen per share for the second quarter of 2024, consistent with the dividend paid in the second quarter of 2023. The total dividend for the fiscal year ending December 2024 is forecasted to be 50.00 yen per share, unchanged from the previous year.

Financial Outlook

For the full fiscal year 2024, Coca-Cola Bottlers Japan Holdings KK forecasts a revenue of 882,400 million yen, a 1.6% increase from the previous year. The company also expects a significant rise in business income to 10,000 million yen, reflecting a 393.8% increase, and a net income attributable to owners of the parent of 6,900 million yen, up 262.6% from the previous year.