Coca-Cola posted a loss of 60 billion yen due to sluggish sales.
Coca-Cola Bottlers Japan Holdings, a major soft drink manufacturer, posted a loss of more than 60 billion yen as the business outlook deteriorated due to sluggish sales, etc. We revealed the prospect of falling to a deficit of 56.7 billion yen.
Coca-Cola Bottlers Japan Holdings was established in April after the merger of two companies that produce and sell soft drinks.
According to the interim results from January to June announced on the 7th, sales of soft drinks declined due to price increases of large plastic bottle drinks, and sales were 433.7 billion yen, compared to the same period of the previous year Decreased by 3.2%.
In addition, we posted a loss of 61.8 billion yen because the business outlook deteriorated due to sluggish sales and the expected results at the time of business integration could not be obtained.
Coca-Cola Bottlers Japan Holdings had previously forecasted that the Group's overall profit would be a surplus of 5.2 billion yen for the year to December. We forecast a deficit of 56.7 billion yen.