Coca Cola Bottlers Japan (CCOJF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good evening. This is Gomi, Head of Investor Relations for Coca-Cola Bottler Japan Holdings. Thank you for joining us today for our second quarter 2025 earnings presentation for analysts and investors. Today we have our President, Kevin Dragan, and CFO, Bjorn Urgenes. We are also joined by Executive Officer and President of the Retail Company, Alex Gonzalez, Executive Officer, President of the Food Service Company, and Chief Business Strategy Officer, Maki Kado, and Executive Officer, Chief Supply Chain Officer, and Chief Sustainability Officer, Andrew Ferrett, and Executive Officer and Chief Human Resources Officer, Yuki Higashi. Following prepared remarks, we will be happy to take questions. Simultaneous interpretation in both Japanese and English is being provided for both today's call and the Q&A. Before we begin, let me remind you that today's presentation contains forward-looking statements and should be considered together with cautionary statements in our presentation. With that, I'd like to turn the call over to Colleen Dragan. Colleen-san, please. Good evening, everyone. This is Kalin Dragan, and thank you for joining our earnings call. Today, in addition to our first half financial results, we will also be presenting our newly revised strategic business plan vision 2030 and upward revision of the current vision 2028. First, let's begin by looking at today's highlights on slide three. I am very pleased to report another strong set of results. Business income for the first half saw a solid increase, with the profit trend accelerating in the second quarter, resulting in a strong year-on-year gain of 4.3 billion yen. Business income is progressing ahead of plan. Our initiatives including price revisions and transformation efforts, are also progressing ahead of...