Coca-cola Bottlers Japan Holdings Inc. · TSE:2579
Coca-cola Bottlers Japan — FY2024 Earnings Presentation
30 slides from Coca-cola Bottlers Japan's earnings presentation, Feb 14, 2025
Slide 1: Full-Year 2024 Earnings Presentation
Full-Year 2024 Earnings Presentation February 14, 2025 Coca-Cola Bottlers Japan Holdings Inc. Calin Dragan, President Bjorn Ivar Ulgenes, Vice President & CFO (Posted to CCBJH website February 13, 2025)
Slide 2: Full-Year 2024 Earnings Presentation agenda
Coca-Cola Bottlers Japan Holdings Inc. (CCBJH) Full-Year 2024 Earnings Presentation Full-Year 2024 Results Full-Year 2025 Earnings Plan 2
Slide 3: Today's Highlights
Today’s Highlights 2024 business income was 12 billion yen, six times previous year. Significant profit growth exceeding upwardly revised plan during the period. Good progress toward Strategic Business Plan Vision 2028. Revenue grew 2.8%, driven by Ayataka’s success and price revision benefits. Pric
Slide 4: Full-Year 2024 Results
Full-Year 2024 Results
Slide 5: FY2024 Results
FY2024 Results Good progress toward Vision 2028, achieved six times previous year’s business income in 2024 Business Income Progress (Unit: B JPY) Main Achievements in 2024 45.0~50.0 ROIC Business Income vs Previous Year vs Previous Year 6x + 1.1pts 12.0 EBITDA*1 Vision 2028 Announcement ・・・・ 57.5B
Slide 6: FY2024 Results (vs 2023)
FY2024 Results (vs 2023) Continued improving trend in earnings throughout the year, with strong revenue and profit growth continuing from previous year Unit: Million JPY FY2024 FY2023 Change YoY YoY Actual Actual Revenue 892,681 868,581 +24,100 +2.8% Sales Volume (Million Cases) 501 492 +9 +2% NARTD
Slide 7: FY2024 Drivers of Business Income (vs 2023)
FY2024 Drivers of Business Income (vs 2023) Business income increased 6 times from previous year to 12 billion yen through top-line growth and transformation benefits FY2023 Volume, Price DME Commodity & FY2024 Transformation (Direct Marketing Manufacturing Others Actual & Mix*1 (ex. Utility Costs)
Slide 8: FY2024 NARTD Sales Trend (vs 2023)
FY2024 NARTD Sales Trend (vs 2023) Ayataka's success drove volume growth, price revisions further accelerated wholesale revenue per case Sales volume grew 2%. Despite impact from price revisions, new products and effective commercial measures throughout the year drove growth. October price revisions
Slide 9: FY2024 Market Share and OTC Retail Price Trends (vs 2023)
FY2024 Market Share and OTC Retail Price Trends (vs 2023) Profitability-focused commercial activities drove value share growth and price premium expansion Total channel value share maintained growth trajectory and grew 0.4 pts. VM value share continued to grow despite declining market. OTC value sha
Slide 10: Topics: Sustainability and HR strategies
Topics Implemented sustainability and HR strategies for sustainable growth Environment and Local Community Initiatives Enhancing Human Capital Developed products that reduce environmental impact Revamped HR Strategy ➢ Began production of Georgia using world's lightest*¹ 185g aluminum ➢ Approx. 25% o
Slide 11: Full-Year 2025 Earnings Plan
Full-Year 2025 Earnings Plan
Slide 12: Strategic Direction for 2025
Strategic Direction for 2025 2025: Achieving both profit growth and strengthening foundation Building on strong 2024 earnings and achievements, promote simultaneously generating profit and strengthening foundation for sustainable growth toward Vision 2028 Profit growth driven by top-line expansion A
Slide 13: FY2025 Earnings Plan (vs 2024)
FY2025 Earnings Plan (vs 2024) Business income to grow about 1.7 times from previous year to 20 billion yen, on track for Vision 2028 Unit: Million JPY FY2025 FY2024 Change YoY Plan Actual YoY Revenue 906,100 892,681 +13,419 +1.5% Sales Volume (Million Cases) 503 501 +3 +0.5% NARTD (Non-alcoholic re
Slide 14: FY2025 Drivers of Business Income (vs 2024)
FY2025 Drivers of Business Income (vs 2024) While generating profits, prioritize growth investments, targeting 8 billion yen profit increase YoY FY2024 Volume, DME FY2025 Transformation Manufacturing Others Commodity & (Direct Marketing Actual Price & Mix* (ex. Utility Costs) Utility Costs Plan Expe
Slide 15: Commercial Strategy
Commercial Strategy Implement top-line growth strategy centered on maximizing profits Enhancing Portfolio Further Vending Profitability-Focused Strengthen Customer Edge Transformation Commercial Activities Management Further strengthen core Transformation through Implement appropriate Implement stra
Slide 16: Commercial Strategy: Enhancing Portfolio Edge
Commercial Strategy: Enhancing Portfolio Edge Building consumer base and recruit consumers through key occasions and innovation Building CORE Strategic INNOVATION Marketing Experience Engaging consumer through E2E Capturing every consumption occasion Driving growth in Health & Wellness experiences D
Slide 17: Commercial Strategy: Further Vending Transformation
Commercial Strategy: Further Vending Transformation Further advance business through technology and process improvements Top-line growth leveraging technology • Capture loyal consumers with effective marketing with Coke ON • Enhance vending machine usability (QR code payment, cashless options, etc.)
Slide 18: Profitability-Focused Commercial Activities and Customer Management
Commercial Strategy: Profitability-Focused Commercial Activities and Strengthen Customer Management Implement profitability-focused growth strategy while strengthening foundation for future growth Volume Growth & Profitability-Focused Investment for Growth & Mix Improvement Pricing Strategy Cost Opt
Slide 19: Supply Chain Strategy
Supply Chain Strategy Further pursue end-to-end optimization of entire supply chain Initiatives for 2025 Further promote “local production for local consumption model” by building a flexible manufacturing structure and improving logistics network Enhance S&OP process accuracy to ensure stable, low-c
Slide 20: Back Office and IT Initiatives
Back Office and IT Initiatives Drive company-wide DX while generating transformation benefits through improved business processes Promote standardization and automation of business processes Standardization and fundamental review of operations through technology and automation of Expanded internal c
Slide 21: Financial Strategy
Financial Strategy Implement measures to improve ROIC and increase shareholder value Improve Capital Efficiency Increase Shareholder Value Capex & Depreciation Shareholder Return Focus on ROI/ROIC, selective capex in sales equipment Based on progressive dividend policy, plan to increase and technolo
Slide 22: Summary
Summary Further progress toward achieving Vision 2028 2024 business income was 12 billion yen, six times the previous year, achieving strong profit build-up. Key initiatives delivered strong results, marking a major step toward Vision 2028. 2025 is year of achieving both profit growth and strengthen
Slide 23: THANK YOU
THANK YOU Investor Relations Coca-Cola Bottlers Japan Holdings Inc. ir@ccbji.co.jp https://en.ccbj-holdings.com/ir/
Slide 24: Appendix
Appendix
Slide 25: FY2024 Results (vs Plan)
FY2024 Results (vs Plan) Unit: Million JPY Change Change Change Change FY2024 vs Revised vs Revised vs Original vs Original Actual *1 Plan Plan Plan*2 Plan Revenue 892,681 +4,681 +0.5% +10,281 +1.2% Sales Volume (Million Cases) 501 +4 +1% +8 +2% NARTD (Non-alcoholic ready to drink) Beverage Volume (
Slide 26: 2024 Q4QTD (Oct - Dec) Results (vs 2023)
2024 Q4QTD (Oct - Dec) Results (vs 2023) Unit: Million JPY Q4 2024 Q4 2023 Change YoY Actual Actual YoY Revenue 216,068 204,756 +11,312 +5.5% Sales Volume (Million Cases) 116 113 +3 +3% NARTD (Non-alcoholic ready to drink) Beverage Volume (Million Cases) 115 112 +3 +3% COGS 117,142 115,135 +2,007 +1
Slide 27: NARTD Sales Volume by Channel / Category / Package (vs 2023)
NARTD Sales Volume by Channel / Category / Package (vs 2023) Q4QTD (Oct to Dec) Sales Volume +3% By Package Full-year (Jan to Dec) By Channel Wholesale Package Volume 5% Channel Volume revenue per case (Yen) 3% S-PET +4% Supermarket (SM) +2% +45 M-PET +13% 21% 12% 19% L-PET -4% 5% Drug & Discounter
Slide 28: ESG Initiatives for 2024 Q4QTD (Oct - Dec)
ESG Initiatives for 2024 Q4QTD (Oct - Dec) ------------------------------------------------------------------ Major Initiatives --------------------------------------------------------------- --------------Values-------------- Environment Five soft drink companies launched a “Study Group on Response
Slide 29: We bottle happy moments.
mn HIUDIS. We bottle happy moments.
Slide 30: Forward-looking Statements
Forward-looking Statements The plans, performance forecasts, and strategies appearing in this material are based on the assumptions and judgment of the management of Coca-Cola Bottlers Japan Holdings Inc. (CCBJH or Company) in view of data obtained as of the date this material was released. These fo
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