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CocaCola Bottlers Japan, 50% Increase in Net Income for The Current Fiscal Year, Dividend Raised by 4 yen

Thu Feb 13, 2025 4:00 pm JST Earnings

2579 Coca-Cola Bottlers Japan Holdings Inc. 【IFRS】

Earnings Report

Coca-Cola Bottlers Japan Holdings Inc. <2579> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 13th (16:00). The consolidated net income for the fiscal year ending December 2024 increased 3.9 times that of the previous period to 7.3 billion yen. In the fiscal year ending December 2025, the profit is expected to expand to 50.5% to 11 billion yen. This will be the fourth consecutive term of revenue growth.

At the same time, the company has decided to increase the dividend this fiscal year to 57 yen, an increase of 4 yen from the previous fiscal year.

In the most recent three-month period, from October to December (4Q), the consolidated net loss expanded to a loss of 2.7 billion yen (compared to a loss of 1.99 billion yen in the same period last year). The operating profit/loss margin worsened from -1.3% in the same period last year to -1.9%.

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Actual Results

Historical Performance
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2022 807,430 -11,513 -12,491 -8,070 -45.0 50 Feb 9, 2023 IFRS
Dec, 2023 868,581 3,441 3,224 1,871 10.4 50 Feb 14, 2024 IFRS
Dec, 2024 892,681 13,390 12,896 7,309 40.8 53 Feb 13, 2025 IFRS
YoY +2.8% +289.1% +300.0% +290.6% +290.8%

Full Year Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2024 Guidance 888,000 13,600 13,000 7,400 41.4 53 Nov 6, 2024 IFRS
Dec, 2024 Results 892,681 13,390 12,896 7,309 40.8 53 Feb 13, 2025 IFRS
Revision Rate +0.5% -1.5% -0.8% -1.2% -1.6%

Current Period Guidance

H1 Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Jan - Jun, 2024 411,455 1,207 873 -297 -1.7 25 Aug 2, 2024 IFRS
Jan - Jun, 2025 Guidance ー ー ー ー － 28 Feb 13, 2025 IFRS
YoY － － － － －

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Dec, 2023 868,581 3,441 3,224 1,871 10.4 50 Feb 14, 2024 IFRS
Dec, 2024 892,681 13,390 12,896 7,309 40.8 53 Feb 13, 2025 IFRS
Dec, 2025 Guidance 906,100 18,000 17,600 11,000 64.4 57 Feb 13, 2025 IFRS
YoY +1.5% +34.4% +36.5% +50.5% +58.0%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2023 204,756 -2,680 -2,723 -1,991 -11.1 -1.3 Feb 14, 2024 IFRS
Jan - Mar, 2024 186,528 -3,070 -3,342 -2,897 -16.1 -1.6 May 8, 2024 IFRS
Apr - Jun, 2024 224,927 4,277 4,215 2,600 14.4 1.9 Aug 2, 2024 IFRS
Jul - Sep, 2024 265,157 16,385 16,365 10,314 57.4 6.2 Nov 6, 2024 IFRS
Oct - Dec, 2024 216,069 -4,202 -4,342 -2,708 -15.1 -1.9 Feb 13, 2025 IFRS
YoY +5.5% -56.8% -59.5% -36.0% -36.0%

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