Coca-Cola Bottlers Japan Holdings Inc.

Supplemental information for full-year 2018 guidance update
October 10, 2018

Vikas Tiku, Vice President & Chief Financial Officer(Posted to CCBJH website on October 10, 2018)

Forward-looking statements
The plans, performance forecasts, and strategies appearing in this material are based on the assumptions and judgment of the management ofCoca-Cola Bottlers Japan Holdings Inc. (CCBJH or Company) in view of data obtained as of the date this material was released. These forecasts may
differ materially from actual performance due to risks and uncertain factors such as those listed below.
Risks and uncertain factors are not limited to the items listed below. They are also included in our annual securities report, or “Yuka ShokenHoukokusho”.
• Agreements with The Coca-Cola Company and Coca-Cola (Japan) Company Limited.
• The quality and safety of products• Market competition• Natural environment, such as climate, disaster, water resources, etc.
• Legal environment• Leakage or loss of information• Change of economic conditions, such as personal consumption, currency exchange rates, prices of raw materials, fair value of assets, etc.
• Business integration, streamlining and optimization of business processes, etc.
• Uncertain factors other than those above
The information in this presentation is provided for informational purposes and should not be construed as a solicitation of an investment in oursecurities.
CCBJH undertakes no duty to update any statement in light of new information or future events. You should rely on your own independent
examination of us before investing in any securities issued by our company.

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Full-year 2018
guidance update

Summary of updated guidance for full-year 2018
• Versus initial plan, Revenue -42.0 B yen, Operating Income -22.7 B yen, Net
Income -19.8 B yen, due to flooding in western Japan and continuation of firsthalf trends:• Loss of approximately 22 million cases (annualized) production capacity and significantly higher
logistics cost to supply products from alternate supply points nationally• Rapid growth in aseptic products, causing supply constraints• Continued negative channel and package mix• 8.4 B yen of extraordinary loss, primarily write-off of damaged assets and inventories• Dividend forecast remains unchanged at 50 yen per share• Interim dividend 25 yen and year-end dividend forecast 25 yen, per share respectively• Expect to deliver 8 B yen in 2018 net synergies, in-line with plan
• Progress on integration continues; re-evaluating investments for mid-term
growth plan. Focus on shareholder value creation unchanged4

Hongo damage and current situation (Reference)
17 manufacturing plants nationwide

Hongo facilities in Western Japan• Three manufacturing lines, representing approximately 5% of total
average Coca-Cola Bottlers Japan production capacity• 1) Aseptic PET; 2) Sparkling PET; 3) Coffee can/bottle can• Logistics center co-located with Hongo factory, with automatedwarehouse and regional distribution role• ~1.5M cases of finished product in inventory for peak season

Current situation (As of October 2018)• All manufacturing lines remain inoperative• Automated warehouse still not functioning• Employee dormitories not habitable• Damaged inventories written off• 2,000+ vending machines, sales equipment damaged across region• Disruption to regional rail and road infrastructure, although improving;
Difficulty in securing additional transport

Damage at Hongo was extensive

July 7: Hongo dispatch yard

July 9: Hongo warehouse

5Summary of updated forecast
Initial Plan
(Feb. 2018)
Revenue

Updated Plan
(Oct. 2018)

Variance

1,007,300

965,300-42,000+2%-2%-400 bps

Operating Income

49,70027,000-22,700

Income Before Tax

47,70017,300-30,400

Net Income

28,8009,000-19,800

EPS

149.66 Yen

46.77Yen-102.89Yen

DPS

50 Yen50 Yen(No change)

Beverage Business Sales Volume (vs. PY)

Beverage BusinessInitial Plan

UpdatedPlan

Variance

Health Care & Skin
Care BusinessInitial Plan

UpdatedPlanVariance

Revenue

975,700

937,600-38,100

Revenue

31,60027,700-3,900Operating Income

46,00023,300-22,700

Operating Income

3,700

3,700

-Unit: Million JPY except EPS and DPS

Net Income: Net income attributable to owners of parent

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Major drivers of variance in updated 2018 forecast
Total impact to beverage business volume: ~-20M cases vs. initial plan
Heavy rain & flooding in July: -11M cases

Underlying trends & aseptic supply: -9M cases• Major drivers of revenue decline••••Loss of Hongo manufacturing capacity and regional distribution center function, including major logistics disruption
Prioritizing customer relationships, negatively impacting vending channel sales volume
SKU rationalization to manage surge demand of aseptic products and lost production capacity
Channel/package mix deterioration due to continued weakness in vending channel and canned coffee• Higher logistics and distribution cost
• Rewiring our supply chain network to sustain product supply in Chugoku area from alternate supply points• Increased transportation expenses driven by shortage of available trucks and drivers, longer transport distances and more
frequent deliveries• Others• Continued commodity pressure (PET, aluminum, etc.)

Extraordinary loss due to natural disaster: 8.4 billion yen• Loss on clean-up, recovery, disposal of damaged assets and inventories

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Sales volume and shipping cost trends (Reference)Monthly sales volume(vs. prior year)

0%

Shipping cost per case*(vs. prior year)

0%

0%0%

2月/Feb 3月/Mar 4月/Apr 5月/May 6月/Jun

7月/Jul8月/Aug 9月/Sep
1月/Jan中国/Chugoku

2月/Feb

3月/Mar

4月/Apr5月/May

6月/Jun

7月/Jul8月/Aug

9月/SepCCBJI• Volume impacted by continued channel/package mix
pressure, aseptic capacity and supply chain network
rewiring to sustain Chugoku supply• April increase driven by revised product supply plan tomanage aseptic product growth.
• Supply chain network rewiring after Hongo flooding
caused another surge after July
*Shipping cost per case between CCBJI locations

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Recovery status
Logistics &Distribution• Resumed logistics and distribution hub operations in
Chugoku area, including 11 sales centers in Hiroshima,using Hongo and third-party warehouses• Availability of trucks improving; however, transport cost
continues to be highManufacturing• Extra aseptic capacity is being added progressively up toSpring 2020, including the restoration of Chugoku-areacapacity. Plan approved by BOD today• Clean-up of Hongo facilities continues. Temporarily relocated some employees to support additional shifts atother plants

Product Supply• Gradual improvement, but supply constraints for certain
products expected to continue into next year

Promotional
Activity• Ask our customers to resume “chirashi” promotional
activity for PET products nationwide in November• Q3 Big Bet product launches in FOSHU tea, canned coffee

Hongo plant from main gate
(September 13, 2018)

Hongo warehouse(August 14, 2018)9Milestones

Milestones

November
2018• Friday, November 9: Q3 YTD Earnings release• Monday, November 12: Earnings
presentation and webcast

February2019• 2018 full-year earnings release (JGAAP andIFRS), presentation and webcast• Full-year 2019 business plan (IFRS)

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THANK YOU
Investor Relations
Coca-Cola Bottlers Japan Holdings Inc.
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