Member of the Financial Accounting Standards Foundation

Consolidated Financial Summary forFiscal Year Ended December 31, 2007
February 7, 2008
Stock exchange listings: Tokyo, Osaka andFukuoka
Headquarters located in Fukuoka Prefecture

Company name: Coca-Cola West Holdings Company, Limited
Code number: 2579
(URL http://www.ccwh.co.jp/english/)Representative: Norio Sueyoshi, Representative Director and CEO
Contact: Makoto Tsunomachi, General Manager of Finance１.
(1)

Phone: +81-(0)92-283-5714

Consolidated Financial Data for the Fiscal Year Ended December 31, 2007
Operating results(rounded down to the nearest million yen)
Net revenues

Operating income

Year ended

million yen％

million yen％

million yen％million yen％Dec. 31, 2007
Dec. 31, 2006

409,521327,82124.9
33.3

16,056
12,321

30.3
4.1

17,493
13,225

32.3
7.9

9,375
7,570

23.8
3.6

Basic net income
per share

Diluted net income
per shareyenyen

ROE

Recurring income
marginROA％％

Dec. 31, 2007
88.29
3.7－
Dec. 31, 2006
82.22
3.6－
Notes :Equity income(loss)of unconsolidated subsidiaries and affiliates
Fiscal Year 2007: 602 million yenFiscal Year 2006: -18 million yen(2)

Net income

Recurring income

％

5.6
5.1

3.9
3.8

Financial condition
Total assets
As ofShareholders’ equity

Shareholders’ equity
ratio

Shareholders’ equity
per sharemillion yen

million yen%

yenDec. 31, 2007
315,672
Dec. 31, 2006
304,907
Note: Equity
Fiscal Year 2007:253,960 million yen

254,025
250,46380.5
82.1

2,391.83
2,358.05(3)

Fiscal Year 2006: 250,408 million yen

Cash flows
Net cash from (used in)Investing activities

Operating activities

Financing activities

Cash and cash
equivalents at end of
periodYear ended

million yen

million yen

million yen

million yen

Dec. 31, 2007
Dec. 31, 2006

33,00021,806-23,306-14,956

3,586-9,24435,564
22,284

２．Dividends
Total
dividend
payments（annual）

Dividends per share（Record date）

InterimYear-endyen

Dec. 31, 2006
Dec. 31, 2007
Dec. 31, 2008
（forecast）

Annual

yen

yen

20.00
21.00

22.00
22.00

42.00
43.00

21.00

22.00

43.00

-1-

Dividend
Payout ratio(consolidated)(consolidated)％

million yen

3,896
4,565

Ratio ofdividends tonet assets

51.1
48.7
45.2

％

1.8
1.8

3.

Earning Projections for the Fiscal Year Ending December 31, 2008
（percentages indicate changes over the same period in the prior fiscal year）

Net revenues
InterimFull year

4.

Operating income

Recurring income

million yen％ million yen％ million yen

199,700
425,000

3.5
3.8

6.3
5.9

4,400
17,0004,800
18,500％ million yen

△1.1
5.8

Basic net income
per share

Net income％

2,100 △22.0
10,100
7.7

yen

19.77
95.12

Others(1) Changes in significant subsidiaries during the fiscal year (resulting in a change in scope of consolidation):No(2) Changes in accounting principles, procedures or presentation related to the preparation of consolidated financialstatements (i.e., changes in the basis of significant accounting policies)
1) Changes due to adoption of new accounting standards : Yes
2) Changes other than those included in 1) above : Yes(3) Number of shares issued
1) Number of shares issued at the end of the period (including treasury stock):
Fiscal Year 2007:111,125,714 sharesFiscal Year 2006:111,125,714 shares
2) Number of treasury stock at the end of the period:
Fiscal Year 2007:4,947,870 sharesFiscal Year 2006:4,932,815 shares* The projection are based upon information available on the announcement date of this report. Actual results may
differ substantially from the projection due to a variety of factors that may occur in the rest of the year.

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