August 12, 2016
To whom it may concern,
Company

Coca-Cola West Co., Ltd.

Representative Director Tamio
President
Yoshimatsu(Code#: 2579 Tokyo Stock Exchange1, Fukuoka Stock Exchange)
Department Manager
Masakiyo Uike
Inquiry
Finance Department(phone: (092)641-8585)

Representative

Notice on revisions to the performance and dividend forecasts
Please be guided the revisions made to the performance and dividend forecasts for the fiscal year
2016 ending December announced on February 3, 2016 as follows, reflecting our recent performancetrend.
Details
1. Revisions to the performance forecast(1) Revisions to the consolidated performance figures projected for full-year of 2016 ending December (Jan 1,2016 to Dec 31, 2016)(Unit: MM JPY))

Revenue

OperatingOrdinary

IncomeProfit

Current Net
Profitattributableto owners ofparent

Current net
profit pershare

Previously announced forecast (A)455,200

16,00015,0008,800

80.63 yen

Revised forecast this time (B)460,200

20,50018,80010,80098.95 yen

Difference (B-A)

5,000

4,500

3,800

2,000

Difference (%)

1.1

28.1

25.3

22.7

440,476

14,262

13,723

9,970(Ref) Result in Previous year(FY2015 ended Dec)

91.35 yen

(2) Reasons for the revisions
While competition of soft drink industry continues to intensify, performances of Consolidated
Revenue, Operating income, Ordinary profit and Quarterly Current Net Profit attributable toowners of parent for the second quarter year to date exceeded the plans with operating profit
contribution from Healthcare & skincare business, in addition to outperformance of Revenue plan
thanks to good sales trend of soft drink business and greater cost saving than the plan throughfundamental review of all kinds of activities towards improvements of operation quality andefficiency. Given this situation, we have revised performance forecast for the fiscal year 2016 ending
December announced on February 3, 2016.
* The forecast was created based on information currently available, and actual performance
results may differ from these estimates due to various factors occurring in the future.

2. Revisions to dividend forecast(1) Details of the revisions
Dividend per share (JPY)
At the end of Q2
Previously announced
forecast

22.00(Ordinary 21.00)(Commemorative 1.00)

Year end
22.00(Ordinary 21.00)(Commemorative 1.00)

24.00

Revised forecast thistime(Ordinary 23.00)(Commemorative 1.00)

Total
44.00
(Ordinary 42.00)(Commemorative 2.00)

46.00(Ordinary 44.00)(Commemorative 2.00)

22.00
Result in current year
Result in Previous year
(FY2015 ended Dec)

(Ordinary 21.00)(Commemorative 1.00)

20.00

21.00

41.00

(2) Reasons for the revisions
While we provide dividend comprehensively taking into account performances and retained
earnings placing stable supply the highest priority, we shall revise year-end dividend per share
this time from 22 yen (of which 1 yen Commemorative dividend) forecasted earlier to 24 yen (ofwhich 1 yen Commemorative dividend) based on the upward revision of consolidated
performance forecast noted above.
This result in Annual dividend forecast per share for this fiscal year to be 46 yen (of which 2yen Commemorative dividend) adding Interim dividend of 22 yen (of which 1 yen
Commemorative dividend).
EOD