Member of the Financial Accounting Standards Foundation

Consolidated Financial Summary for
the Third Quarter Ended September 30, 2012 (Japanese standard)
October 29, 2012
Listed company name: Coca-Cola West Company, Limited
Listed stock exchanges: Tokyo, Osaka and Fukuoka
Code number: 2579
URL: http://www.ccwest.co.jp/english
Delegate: Title: Representative Director, President
Name: Tamio YoshimatsuContact: Title: Manager of FinanceName: Makoto Tsunomachi Phone: +81-92-641-8585
Expected date of quarterly report submission: November 9, 2012
Expected date of the dividend payments: －FY 2012 3Q supplementary information: Yes
FY 2012 3Q financial presentation: Yes(Fractions of one million yen are round off)

１．Consolidated financial results for the 3rd quarter 2012 (from January 1, 2012 to September 30, 2012)（Percentages indicate changes over the same period in the prior fiscal year）（1）Consolidated financial results
Net revenues

Operating income

million yen

Net income

Recurring income%

million yen%million yen%million yen%

3Q 2012296,400 (3.1)
3Q 2011305,9038.8
Note: Comprehensive income
3Q 2012: 4,761 million yen ((2.3)%)

10,457
13,232(21.0)
42.9

10,46013,106(20.2)
31.2

4,507
6,067

(25.7)(2.2)

Earnings per share
3Q 2012
3Q 2011

3Q 2011: 4,875 million yen (－%)
Diluted earnings
per shareyenyen

45.09
60.68

－－

（2）Consolidated financial position
Total assets

Net assets (excl.
minority interests) tototal assets

Net assets

million yen

million yen%

End of 3Q 2012
337,796
End of 2011
342,560
Reference: Net assets (excl. minority interests)
End of 3Q 2012: 228,130 million yen

228,492
227,86467.5
66.4

End of 2011: 227,491 million yen

２．Dividends（Record date）

End of 1Q

Dividends per share
End of 3Q

End of 2Q
yenyen－20.00
Full year 2011
－20.00
Full year 2012
Full year 2012
（Forecast）
Note: Revisions to the dividend forecasts most recently announced: None

Year-end

Annualyen

yen

yen－－

21.00

41.00

21.00

41.00

３．Forecast of consolidated financial results 2012 (from January 1, 2012 to December 31, 2012)（Percentages indicate changes over the same period in the prior fiscal year）

Net revenues
million yen

Full year 2012

Operating income%

392,800 (1.7)

Recurring income

Earnings
per share

Net income%million yen%million yen%

yen

14,700 (10.7)

14,800(7.8)

7,400

5.8

74.02

million yen

Note: Revisions to the forecasts of consolidated financial results most recently announced: None

Notes（1）Changes in significant subsidiaries during the current period(changes in specified subsidiaries resulting in change in scope of consolidation)（2）Application of special accounting for preparing the quarterly consolidated financial
statement: None: None

（3）Changes in accounting policies, changes in accounting estimates, and restatement of priorperiod financial statements after error corrections
1) Changes in accounting policies due to revisions to accounting standards and otherregulations
2) Changes other than those in 1) above
3) Changes in accounting estimates
4) Restatement of prior period financial statements after error corrections: None: None: None: None（4）Number of outstanding shares (common share)
1) Number of outstanding shares at the end of period (including treasury shares):
3Q 2012: 111,125,714 shares
FY 2011: 111,125,714 shares
2) Number of treasury shares at the end of period:
3Q 2012: 11,154,677 shares
FY 2011: 11,153,881 shares
3) Average number of outstanding shares during the period (nine months):
3Q 2012: 99,971,356 shares
3Q 2011: 99,972,990 shares* Indication regarding execution of quarterly review procedures
At the time of disclosure of this quarterly financial summary, the review procedures for quarterly financial statementsin accordance with the Financial Instruments and Exchange Act are in progress.
* Explanation regarding appropriate use of the forecast, other special instructions
Figures in the above forecast are based on information available to management at the time of announcement.
Due to number of inherent uncertainties in the forecast, actual results may differ materially from the forecast.

Consolidated Results
For The Third-Quarter 2012
Appendix

1 . Situation of Consolidated Profit and Loss…

2 . Profits Change Factor (vs. plan)…

3 . Profits Change Factor (vs. last year)…

4 . Consolidated Balance Sheet and Change Factor…

5 . Investment, Depreciation, Cash Flow (consolidated)…

6 . Projections (consolidated)…

7 . Sales Information…

8 . Number of Vending Machines, Market Share…

9 . Home Market Share…

10 . Segment Information…

-Creating a happy tomorrow for everyone-Coca-Cola West Co., Ltd. (2579)
October 29, 2012

112356
71010101. Situation of Consolidated Profit and Loss
(January 1, 2012 to September 30, 2012)(million yen, %)3Q 2011
actual

3Q 2012
plan*

actualvs. last year

vs. planchange% changechange% change

Net revenues

305,903

298,800

296,400(2,399)(0.8)(9,502)(3.1)

Operating income

13,232

10,30010,457157

1.5(2,775)(21.0)

Recurring income

13,106

10,40010,46060

0.6(2,645)(20.2)Net income

6,067

5,000

4,507(492)(9.8)(1,559)(25.7)* The above plan is based on performance forecast announced as of August 2, 2012.

2. Profits Change Factor (vs. plan)(January 1, 2012 to September 30, 2012)(million yen)

3Q 2012changeMain factors for increase/decrease

plan*

actualNet revenues

298,800

296,400(2,399)

Cost of goods sold

151,500

150,088(1,411)Gross profit

147,300

146,312(987)

SG&A

Operating income
Non-operating income
Non-operating expenses

137,000

135,854

Impact on the soft drink business(3,253)

Impact on the health food business

853

Impact on the soft drink business(1,817)

Impact on the health food business

829

Decrease in personnel cost(499)

Decrease of sales commission(199)(1,145) Decrease of transportation expenses(127)

Decrease of business consignment expenses(116)

Impact on the health food business

112

611

10,30010,457

157

800

746

(53)

700

742

42

10,40010,46060

Extraordinary income－－－

Extraordinary losses－

821

821 Quality problem countermeasure losses

Income before income taxesand minority interests

10,4009,639(760)

Income taxes

5,325

5,108(216)

Income before minority interests

5,075

4,530(544)7522(52)

5,000

4,507(492)Recurring income

Minority interests
Net income* The above plan is based on performance forecast announced as of August 2, 2012.

Appendix-1

3. Profits Change Factor (vs. last year)(January 1, 2012 to September 30, 2012)(million yen)

3Q 2011

3Q 2012changeNet revenues

305,903

296,400(9,502)

Cost of goods sold157,192

150,088(7,104)Gross profit

148,710

146,312(2,398)

SG&A135,477

135,854376

Operating income

13,232

10,457(2,775)Non-operating income

1,105746(359)

Non-operating expenses

1,231

742(488)

Recurring income

13,106

10,460(2,645)431－(431)

Extraordinary income

Extraordinary losses

1,619

821

Impact on the health food business

1,686

Impact on the soft drink business(3,549)Impact on the health food business

1,567

Increase of sales promotion & ad expenses

1,401

Increase of transportation expenses

558

Increase of business consignment expenses

325

Decrease in personnel cost(1,062)

Decrease of depreciation(557)

Decrease of supplies expenses(202)

Decrease of sales commission(157)

Impact on the health food business

819

Quality problem countermeasure losses

611

Loss on disposal of inventories

(490)

9,639

(2,279)

Income taxes

5,816

5,108(707)

Income before minority interests

6,102

4,530

(1,571)3422(12)

6,067

4,507

(1,559)Appendix-2(9,983)(726)

11,918Net income

Impact on the soft drink business

Effect of applying assets retirement(798)
obligation accounting standards

Income before income taxes
and minority interests

Minority interests

Main factors for increase/decrease4. Consolidated Balance Sheet and Change Factor(million yen)

Current assets
Cash and deposits
Trade notes andaccounts receivable
Marketable securities
Merchandise andfinished goods
Work in process
Raw materials and supplies
Other
Allowance for
doubtful accounts
Fixed assets
Property, plant andequipment
Buildings and structures, net
Machinery, equipment,
vehicles, net
Sales equipment, net
LandConstruction in progress
Other, net
Intangible assets
Goodwill
Other
Investments andother assets
Investment securities
Advanced payments
for retirement expenses
Other
Allowance for
doubtful accounts
Total assets

Dec.31
2011

Sep.30
2012

119,197
25,208

117,525
25,830(1,671)
622

25,33527,787

2,452

26,73822,303(4,434)

21,954

21,885

(68)

464
1,450
18,550675
2,403
17,256210
952(1,294)

(504)

(616)

(112)

223,362

220,270(3,092)130,218

131,121903

33,52533,012(512)

20,497

19,391(1,106)

20,82052,774395
2,204
52,19847,474
4,723

21,93552,3302,575
1,876
50,33545,384
4,950

1,115
(443)
2,179
(328)
(1,863)(2,090)226

40,94638,813(2,132)

24,583

24,596

13

5,827

4,926

(900)

11,1099,782(1,326)

(574)

(493)

81

342,560

337,796(4,764)changeMain factors for increase/decrease

Total assets
Total
assets337,796342,560

Current
assets117,525
119,197

Property,plant andequipment

131,121130,218
50,33552,198Intangible
assetsInvestments
and otherassets(million yen)

Sep.302012
Dec.31
2011

38,81340,946050,000100,000

150,000

200,000

Appendix-3

250,000

300,000

350,000

400,000(million yen)Dec.31
2011
Current liabilities
Trade notes andaccounts payable
Current portion of longterm loans payable
Accrued income taxes
Other accounts payable
Provision for sales
promotion expenses
Other
Long-term liabilities
Bonds payable
Long-term loans payable

Sep.302012changeMain factors for increase/decrease

46,57944,113(2,465)18,657

16,494(2,162)

2,542

2,517

(25)

2,750
15,656

1,711
14,103(1,038)(1,552)

160

166

5

6,812
68,11650,00010,273

9,119
65,18950,0007,760

2,307(2,926)－(2,513)

Allowance for employees'
retirement benefits

1,018

975

(42)

Liabilities for directors'
and corporate auidtors'
retirement benefits

117

132

15

6,707
114,695
229,195
15,231109,072
130,655(25,764)

6,321
109,303229,602
15,231109,072
131,063(25,765)(385)(5,392)
407
－－
408
(0)

(1,703)(1,472)230(1,703)(1,472)

230

373
227,864

362
228,492(10)
627

342,560

337,796(4,764)

Other
Total liabilities
Shareholders' equity
Common stock
Capital surplus
Retained earnings
Treasury stock
Accumulated othercomprehensive income
Net unrealized gains (loss) onother marketable secrities

Minority interests
Net assets
Total liabilities andnet assets

Total liabilities and net assets

337,796342,560

Total liabilities
and net assets

109,303
114,695

Totalliabilities

Sep.302012

44,113
46,579Current
liabilities

Dec.31
2011

65,18968,116Long-term
liabilities

228,492
227,864

Net assets(million yen)0

50,000100,000

150,000

200,000

Appendix-4

250,000

300,000

350,000

400,000

5. Investment, Depreciation, Cash Flow (consolidated)(January 1, 2012 to September 30, 2012)(1) Investment, Depreciation(million yen)

3Q 2011

Investment

LandBuildings
Machinery & Equipment
Sales equipment
OtherTotal
Depreciation

3Q 2012
20
2,074
2,398
7,598
5,226
17,31815,324

－
1,688
4,965
7,888
2,775
17,317
15,898(2) Cash Flow(million yen)

3Q 2011
Cash flow fromoperating activities
Cash flow frominvesting activities
Cash flow fromfinancing activities
Cash and cash equivalents
at end of 3Q

3Q 201233,15919,735(20,663)(10,276)(8,287)(7,056)

41,64336,967

Appendix-5

6. Projections (consolidated)(January 1, 2012 to December 31, 2012)(1)Earnings(million yen, %)2011
actualNet revenues
Operating income
Recurring income
Net income

2012
plan

399,717
16,46916,044
6,997

392,800
14,70014,8007,400(2)Investment, Depreciation(million yen)2011
actualInvestment

Land
Buildings
Machinery & Equipment
Sales equipment
Other
Total
Depreciation－1,811
5,571
9,518
4,299
21,201
21,371

Appendix-6

2012
plan
20
2,033
8,435
9,889
3,787
24,166
21,296change(6,917)(1,769)(1,244)402% change(1.7)(10.7)(7.8)
5.8

7. Sales information(January 1, 2012 to September 30, 2012)<Sales volume by brand>(thousand cases, %)3Q 2011
10,831
5,041
6,614
28,376
9,781
17,3706,025
5,335
54,190143,562Core 8

Coca-Cola
Coca-Cola Zero
Fanta
Georgia
Sokenbicha
Aquarius
Ayataka
I LOHAS
OtherTotal

3Q 2012% change

9,933
4,454
5,709
28,3398,267
16,2287,598
6,626
55,891
143,045(8.3)(11.6)(13.7)(0.1)(15.5)
(6.6)
26.1
24.2
3.1
(0.4)

<Composition of brand>
100%

80%

60%

37.8%

3.7%
4.2%

39.1%

Other

4.6%I LOHAS

5.3%

Ayataka

11.4%

Aquarius

12.1%
40%

6.8%

19.8%

5.8%

Sokenbicha

19.8%

Georgia

4.0%
3.1%

Fanta

3.5%
7.5%

6.9%

3Q 2011

3Q 2012

20%
4.6%

0%

Appendix-7

Coca-Cola Zero
Coca-Cola

<Sales volume by channel>(thousand cases, %)3Q 2011
Vending
Supermarket
CVS
RetailFood service
Other

3Q 201241,41539,477
15,244
10,017
14,39823,011
143,562

*1
*2
*3
*4
*5

Total

% change

39,71740,816
16,1299,644
14,81321,925143,045(4.1)
3.4
5.8(3.7)
2.9(4.7)(0.4)*1 Vending : Retail sales business to distribute products through vending machine to consumers*2 Supermarket : Wholesale business for supermarket, drug store, discount store, home center chains*3 CVS : Wholesale business for convenience store chains*4 Retail : Wholesale business for grocery stores, liquor shops and other over-the-counter outlets*5 Food service : Syrup sale business for fast food restaurants, movie theaters, sports arena,'family restaurants,' and theme parks<Composition of channel>
100%

80%

60%

40%

16.0%

15.3%

Other

10.0%10.4%

Food service

7.0%

6.7%

Retail

10.6%

11.3%

CVS

27.5%

28.5%

Supermarket

28.9%

27.8%

Vending

3Q 2011

3Q 201220%

0%

Appendix-8

<Sales volume by package>(thousand cases, %)3Q 2011
Small-sized (less than 1,000ml)
Medium-sized (less than 1,500ml)
Large-sized (1,500ml or more)
Subtotal

PETCanOtherSyrup, powder
Total

3Q 201231,920895
28,17960,993
41,761
9,689
31,118
143,562% change

35,255
1,036
29,33365,624
38,637
9,374
29,411
143,045

10.5
15.7
4.1
7.6
(7.5)
(3.3)
(5.5)
(0.4)

<Composition of package>
100%

21.7%

20.6%

Syrup, powder

6.8%

6.6%

Other80%

60%

27.0%

29.1%

Can

40%
20.5%
19.6%

Large PET

0.7%

0.6%

Medium PET

20%
22.2%

24.6%

3Q 2011

3Q 2012

0%

Appendix-9

Small PET

8. Number of Vending Machines, Market Share(1) Number of vending machines(Units)End of2011
Can vending machine
Cup vending machine
Total

End of
3Q 2012change244,710
24,060245,236
22,427526(1,633)

268,770

267,663(1,107)* Figures are the combined total of Coca-Cola West Co., Ltd. and Nishinihon Beverage Co., Ltd.

(2) Market share of vending machines(%)

Out market share

2011
32.2

2012
30.8

(Source : Survey of vending machines (covering June to July, 2011 and May to June, 2012), conducted by Intage Inc.)

9. Home Market Share
(January 1, 2012 to September 30, 2012)(%)

3Q 2011

3Q 2012

Total

21.7

22.5

Supermarkets
CVS
Retail stores
Drug stores

22.0
21.2
21.6
21.0

23.0
22.0
20.5
22.9

(Source : Store Audit conducted by Intage Inc.)

10. Segment Information(million yen)

Net revenues
To outside customersand consumers
Intersegment sales ortransfers

Segment profit

3Q 2011
Soft drink Health food Other
25,667
279,029
1,206

Total
305,903

3Q 2012
Soft drink Health food Total
27,353 296,400
269,046

279,029

25,6671,206

305,903

269,046

27,353

296,400－－－－－－－

9,652

3,568

11

13,232

6,140

4,316

10,457

Notes: Net revenues and segment profit correspond to net revenues and operating income reported in the consolidated statements of income.

Appendix-10