This document is a summary translation of the Japanese language original version. In the event of any discrepancy, errors
and/or omissions, the Japanese language version shall prevail．

Summary of Consolidated Financial Statements (Japanese Standards)
for the first two quarter of the year ending December 31st, 2014 (1H 2014YTD)
Aug 6th, 2014

Listed Company Name

Coca-Cola East Japan Co., Ltd.

Stock Exchange

Security Code

2580

URL

Tokyo Stock Exchange
Nagoya Stock Exchange
http://www.ccej.co.jp

Representative

title

Name

Calin Dragan

Contact

title

Name

Asako Aoyama

Representative Director,
President
Senior Executive Officer
Finance Function

Scheduled date of submission ofAugust 8th, 2014
Quarterly Report
Preparation of supplementary documents for quarter results
Quarterly results briefingTEL:
03(5575)3859

Schedule date of start ofdividend payment
Yes
Yes

September 8th, 2014

(Amounts of less than 1 MM yen are rounded down)

1． Consolidated Financial Results for the first two quarter of the year ending June 30th, 2014
(January 1st, 2014 – June 30th, 2014)(1)
Consolidated Results of Operations (YTD)(Percentages show year-on-year changes)
Net Sales

Operating Income

MM yen%Ordinary Income

MM yen%Q2 2014 YTD
248,495 179.7△1,873－Q2 2013 YTD
88,836 △2.0404－
(Note) Comprehensive income: 2Q 2014 YTD △2,821 MM yen (－%)%

MM yen△1,615－△2,928532－
267
2Q 2013 YTD 597 MM yen (－%)

Net income per share(fully diluted)

Net income per share
Q2 2014 YTD
Q2 2013 YTD

MM yenNet Income

Yen

Yen

△24.19
6.05

－
6.05

.

(2)

Consolidated Financial Position
Total Assets

Net Assets

MM yenEquity Ratio
MM Yen%Q2 2014 YTD
344,257
211,737
FY2013
314,490
216,191(Reference) Shareholders’ equity: 2Q 2014 : 211,656 MM yen
FY2013 :216,172MM yen

61.5
68.7

2．Dividends
End of Q1Yen

FY2013
FY2014FY2014(forecast)－－

Dividend per share
End of Q2
End of Q3
Yen

Yen

18.00
16.00

(Note) Revisions to the dividend forecast disclosed most recently0Year-end

Annual

Yen

yen

－

14.00

32.00

－

16.00

32.00

None

%

－
－

3．The Consolidated Earnings forecasts for the fiscal year commencing January 1st and ending December 31st ,2014(Percentages show year-on-year changes)

Net sales
Full-Year

Operating Income

Ordinary Income

Net Income

Net Income
Per Share

MM yen%MM yen%MM yen%MM yen%Yen

535,800

43.7

19,000150.6

19,500

152.2

9,600

△17.1

79.31

(Note) Revisions to the Earnings forecasts disclosed most recently

None

Notes:(1) Changes of important subsidiaries during consolidated 1Q FY2014 (Changes of specific subsidiaries
accompanied by changes in the consolidation scope)(2) Application of particular accounting treatments to the preparation of quarterly consolidated financial
statements(3) Changes in accounting policies and changes or restatement of accounting estimates① Changes in accounting policies accompanied by revisions of accounting standards, etc.
② Changes in accounting policies other than ①③ Changes in accounting estimates④ Restatement(4) Number of Issued Shares (Common Shares)① Number of the issued shares at the end of theperiod (including treasury stock)② Number of the treasury stock at the end of theperiod③ Average number of the shares during theperiod (accumulated total)

None

None

None
Yes
Yes
None

1H 2014

121,898,978 shares

FY 2013

121,898,978 shares

1H 2014850,744 shares

FY 2013856,494 shares

1H 2014

121,049,880 shares 1H 2013YTD

44,143,898 shares*Statement regarding the status of the quarterly review
This summary of financial statements for the first two quarter of the year ended December 31st, 2014 fall outside thequarterly audit review required by the Financial Instruments and Exchange Act and the quarterly audit review of quarterly
consolidated financial statements required by the Financial Instruments and Exchange Act had not been completed as of thetime when this summary was disclosed.
*Explanation regarding the appropriate use of earnings forecasts and other special notes
Although the statements in this summary are prepared based on various information available to the Company and certain
assumptions considered reasonable by the Company, actual results may differ significantly due to various factors. For
details of assumptions for earnings forecasts and notes on the use of earnings forecasts, please see “Qualitative informationon the consolidated earnings forecasts,” page 6 of the attached material of the summary.

1

Contents of the Attached Materials
1. Qualitative information on results for the first two quarter of the year ending December 31st, 2014 ････････

2(1) Qualitative information on the consolidated operating results ･････････････････････････････････････

2(2) Qualitative information on the consolidated financial positions ････････････････････････････････････

5(3) Qualitative information on the consolidated earnings forecast ･････････････････････････････････････

6

2. Matters relating to summary information (notes)･･････････････････････････････････････････････････

7(1) Changes of important subsidiaries during the consolidated 1H 2014 YTD(accumulated)･･････････････････

7(2) Application of particular accounting treatments to preparation of quarterly consolidated financial statements

7(3) Changes in accounting policies and changes or restatement of accounting estimates ･･･････････････････

7

3. Quarterly consolidated financial statements ･･･････････････････････････････････････････････････････

8(1) Quarterly consolidated balance sheets ････････････････････････････････････････････････････････

8(2) Quarterly consolidated profit and loss statements and comprehensive profit statements･････････････････

10

Quarterly consolidated profit and loss statement
Consolidated 1H 2014YTD (accumulated)････････････････････････････････････････････････････ 10
Quarterly consolidated comprehensive profit statements
Consolidated 1H 2014YTD (accumulated)･･････････････････････････････････････････････････

11(3) Quarterly consolidated statements of cash flows ･･･････････････････････････････････････････････

12(4) Notes relating to Quarterly consolidated financial statements･･･････････････････････････････････････ 13(Notes relating to assumptions for the going concern)･･････････････････････････････････････････････ 13(Notes in the event of significant changes in amount of shareholders’ equity)･･･････････････････････････ 13(Segment information and others) ････････････････････････････････････････････････････････････ 13- 1 -Coca-Cola East Japan Co., Ltd. (CCEJ) today announced its consolidated financial results for the six-month
period ended June 30, 2014 (January 1, 2014 to June 30, 2014, hereinafter referred to as year-to-date)
1. Qualitative information on the year-to-date 2014 results(1) Qualitative information on the consolidated operating results
Key Messages
・Coca-Cola East Japan marks one full year of operations since integration on July 1, 2013

・

Volume growth of 3% year-to-date, with continued volume and value share gains.

・Roll-out of new pricing related to consumption tax increase completed, as planned・Strong product launches in the second quarter; Regaining momentum in coffee and in theconvenience store channel

・Continuing to deliver supply chain synergies*For additional details and management discussion of the second quarter and year-to-date results, please also
see our presentation material posted on our website, which will be used for our earnings presentation andwebcast on August 8, 2014.
Integration Update
Coca-Cola East Japan (CCEJ), formed after the management integration of the four Kanto and Tokai region
Coca-Cola bottling companies on July 1, 2013, is now Japan’s largest Coca-Cola bottling company,
encompassing one contiguous geographic territory representing one of the most dynamic and competitive
consumer markets in Japan. The integration of CCEJ allows us to make business-building decisions from acommercial and supply chain perspective that leverage the scale of our expanded size and the related
efficiencies of having one optimized set of functional organizational structures rather than multiple individual
businesses running in separate geographies. In addition we have the opportunity to tap into the extensive
network of the Coca-Cola system worldwide and leverage subject matter expertise and best practices to build
CCEJ from a simple combination of four bottling companies into a world-class Japanese Coca-Cola bottler.
With over 250 integration projects and initiatives ongoing there are many visible signs of progress to highlight inthe second quarter (April 1, 2014 to June 30), including the following:・Installed two new production lines at our Ebina and Tokai plants

・

Order placement of four new lines to be commissioned in 2015

・

Continued roll-out of new integrated Commercial Route-to-Market (RTM) program in Chiba, Ibaraki
and Tochigi area・Completed the legal integration of seven consolidated subsidiaries (three distribution companies andfour equipment maintenance companies) into our subsidiary company, Coca-Cola East Japan
Products (as of July 1, 2014)

Operating Review
Our operating results during the year will likely exhibit seasonal variation, as the demand for nonalcoholic
ready-to-drink beverages tends to be particularly strong in the summer months. The year-to-date result
consequently is expected to be lower than the second half of the fiscal year.
Year-to-date total BAPC (Bottler Actual Physical Cases) sales volume grew 3% on a comparable basis. While
the overall beverage market in Japan saw slower growth immediately following a surge in last-minute buying
ahead of the consumption tax increase on April 1, we saw a return to more normal growth levels in the latterpart of the quarter as consumer purchase behavior began to normalize. Volume in April decreased -3%,
following +7% volume growth in March, ahead of the consumption tax increase. During the quarter, we saw
sequential volume improvement, led by new product launches and strong marketing campaigns centered on- 2 -our priority categories of sparkling beverages, unsweetened teas and ready-to-drink coffee. Year-to-datevolume growth by channel was led by the drug & discounter channel (+12%), supermarkets (+6%), and theconvenience store channel (+4%). Volume in the eating & drinking (-1%) and vending (-1%) channels showedslight declines year to date, impacted by the weather in the first quarter and as consumers adjust to theconsumption tax rate hike.
Year-to-date, sparkling beverages volume grew 3%, led by brand Coca-Cola and Fanta. In the hydration
category, unsweetened teas grew 9%, water grew 8% and sports drinks grew 2%. Tea growth was led by
Ayataka green tea and the launch of Karada Sukoyakacha W, our new FOSHU category tea. Ilohas watercontinued to perform well and also benefited from the launch of ilohas sparkling variants. Importantly, coffee
volume recovered in the second quarter, with 1% growth year to date.
In the second quarter, total BAPC sales volume grew 2% on a comparable basis, with sequentially improving
performance both in terms of volume growth and market share. In the quarter, value share growth exceededvolume share growth, and we delivered our third consecutive quarter of market share gains. Volume growth
was led by the convenience store channel (+12%), supported by the introduction of new products in coffee,
unsweetened tea and sparkling water. The drug & discounter channel (+10%) and the supermarket channel(+2%) also showed positive growth, led by our strong portfolio of unsweetened tea brands. The eating &drinking (-3%) and vending (-2%) channels were impacted by the consumption tax hike, particularly vending, as
we rolled out new pricing and packaging initiatives in the quarter in order to fairly pass on the tax increase to
consumers. These measures included upsizing some packages, holding the price of non-flavored water andexpanding the availability of select smaller-sized packages for coffee and sparkling beverages.
Second quarter sparkling beverages volume grew 2%, supported by the globally successful Share-a-Cokecampaign in which consumers can enjoy finding and sharing personalized bottles of Coca-Cola and Coca-Cola
Zero with their names on them, as well as the Coca-Cola Company’s FIFA World Cup sponsorship. In thehydration category, unsweetened tea and water volume grew 9% and 6%, respectively. Sports drink volume
was slightly negative in the quarter as we cycled strong volume performance from the prior year as well as
increased competitive activity.

In April, we launched the industry-first double efficacy FOSHU (Food forSpecific Health Use) tea Karada Sukoyakacha W, which, together with Ayataka green tea and our seasonallaunch of Barley tea, helped to continue our strong growth momentum in unsweetened tea. Water volume
grew behind the introduction of immediate consumption iLohas Sparkling in plain and lemon flavors. Coffee
volume recovered to 4% growth in the quarter, led by the convenience store (+7%) and vending (+2%)
channels as well as the restage of Georgia European and the introduction of new products and package sizes.
In addition, we introduced Georgia Emerald Mountain Premium and we renewed the LUANA coffee brand withthe launch of café mocha and café latte flavors in the quarter.
We have a strong marketing and innovation calendar planned for our peak demand summer season in the third
quarter. In the end of June, we launched Coca-Cola Lemon exclusively for one of our convenience store
channel partners. We have strong plans to activate our Coca-Cola TM 2014 Summer Campaign with theinnovative ice bottle campaign. In June, AQUARIUS, the number one sports drink brand in Japan, introduced
a new product called Umi to Taiyo no Megumi from AQUARIUS, a refreshing combination of the extracts fromfourteen varieties of locally-produced fruits and vegetables and sea salt from the Seto Inland Sea. The
AQUARIUS brand will also continue to strengthen its sales promotion activities for heat stroke prevention
during the hot summer months. In the coffee category, we launched new products for summer, including
Georgia Hawaiian Ice Breeze and Georgia Iceshot in July. We are also continuing the successful Weekly
Georgia digital magazine for smartphones as well as a summer version of the current campaign, The World isMade Up of Someone’s Work.

- 3 -Financial Review
Reported* Results
Year-To-Date 2014
2013

2014

CCCJ

CCEJ

88,836248,495+179.7 %Operating Income (Loss)

404(1,873)-Net Income (Loss)

267(2,928)-In Million JPY

Net Sales% Change* Reported: Coca-Cola East Japan (CCEJ) began operations as an integrated company starting in the third quarter of 2013. As a result,
above reported consolidated financial results for CCEJ are compared against the consolidated results of legacy Coca-Cola Central Japan(CCCJ) in same term of 2013.

Comparable* Results
Year-To-Date 2014
2013

2014

Comparable

Comparable% Change

Volume (BAPC, in thousand)

130,618

134,031+ 2.6%Net Sales

248,114

248,495

+0.2%

2,148

(1,873)-771(1,944)

-

2013

2014

Comparable

Comparable% Change

Volume (BAPC, in thousand)

72,15773,600+ 2.0%Net Sales

135,706

136,580+ 0.6%In Million JPY, except volume

Operating Income (Loss)Net Income (Loss)
Second Quarter 2014
In Million JPY, except volume

Operating Income

2,907

3,711

+27.6%Net Income

1,550

2,286

+47.5%* Comparable: Presentation of results as if the four Kanto and Tokai area Coca-Cola bottlers were integrated as of January 1, 2013 and after excluding
exceptional items such as charges, gains, etc. which are viewed by management as one-time items impacting only the current period or the comparable period, but
not both. These comparability adjustments should be viewed in addition to, and not as an alternative for, the Company's reported results prepared in accordancewith JGAAP.

- 4 -Year-to-date 2014 reported net sales revenue was JPY 248,495 million (up 179.7%, or JPY 159,659 million
compared to the prior year period), reflecting the benefit of the integration of the four Kanto and Tokai region
Coca-Cola bottlers on July 1, 2013. Year-to-date 2014 comparable net sales revenue was slightly positive, andin line with our full-year 2014 plan. This reflects sequentially improving net sales revenue from the first quarterto the second quarter and was also impacted by the roll-out of new pricing in the vending channel after the
consumption tax hike. Second quarter comparable net sales revenue grew 0.6%. Revenue growth in boththe quarter and year to date also reflects an approximately one percentage point negative impact of divesting
non-core assets such as Mikuni Wine in the first quarter of 2014 as we continue to focus on optimizing andgrowing our core nonalcoholic ready-to-drink business.
We reported an operating loss of JPY 1,873 million in the first half of 2014 (compared to operating income of
JPY 404 million in the prior year period). This reflects a negative JPY 1,072 million net impact from a changein accounting policy and estimates related to the depreciation method for fixed assets and a revision to theestimated useful lives of cold drink sales equipment, effective January 1, 2014. As part of this change, which
we reported in our first quarter results, the salvage value of existing tangible fixed assets was adjusted to aresidual value of one JPY per asset for asset-tracking purposes, with the difference written off during the firstquarter of 2014. This change had a positive impact of JPY 2,320 in the second quarter and will have apositive impact on our full-year 2014 forecast because of the estimated depreciation expenses decrease,
however the first quarter salvage value write-off for assets without remaining useful lives had a net negative
impact on year-to-date 2014 reported operating income. Second quarter comparable operating income grew
28%, driven by the benefit of above change in accounting policy as well as continued synergy savings, andpartially offset by increased expenses related to production capacity of successful brand launches such as
Karada Sukoyakacha W tea and iLohas sparkling waters.
Year-to-date 2014, we reported a net loss of JPY 2,928 million (compared to net income of 267 JPY million in
the prior year period). This reflects the operating performance in the year-to-date 2014 period, the net impactof the above change in accounting policy and estimates as well as extraordinary expenses primarily related toour employee voluntary separation program in the first quarter.

(2) Qualitative information on the consolidated financial positions(i) The financial positions at the end of the second quarter are as follows:
Assets at the end of the second quarter were JPY 344,257 million, an increase of JPY 29,766 million from theend of the previous fiscal year. This is mainly due to an increase in current assets as a result of seasonal
inventory build-up for peak sales season and from our focus on bringing more production and logistics volume
in-house, which leads to higher inventory levels of merchandise and finished goods as well as raw material andsupplies. In addition, Accounts Receivable-Trade increased, reflecting the growth in revenue. Fixed assets
also increased for sales equipment as we have been aggressively increasing the installation of coolers as well
as new vending machines in order to drive profitable immediate consumption packaging sales growth. In
addition, Property, Plant and Equipment - Other increased as a result of the introduction in 2014 of four new
production lines, two new in-line PET bottle blowers, and new trucks.
Liabilities at the end of the second quarter were JPY 132,520 million, an increase of JPY 34,221 million fromthe end of previous fiscal year. This is mainly due to an increase in short-term borrowing for our working capitaland an increase of Accounts Payable-Trade as a result of higher inventories related to seasonal inventory buildup and ongoing in-housing of production and logistics.
Net assets at the end of the second quarter were JPY 211,737 million, a decrease of JPY 4,454 million. This is
primarily due to the reported net operating loss and payment of JPY 1,694 million in dividends in the first quarter.
- 5 -We are aggressively investing in our infrastructure for growth, as evidenced by our plans for new production
capacity and increased placement of cold drink equipment in the marketplace, and we have been actively
exploring optimized financing options for these investment requirements. We were recently assigned an A+
issuer credit rating from Rating and Investment Information, Inc. (R&I) on July 28, 2014, and on July 29, 2014
we filed the shelf registration statements for the issuance of investment corporation bonds, which are part of ouractivities for seeking optimized financing options.
(ii) Cash flow position
The consolidated cash flow position and activity as of and for the second quarter are as follows.
CCEJ began operations as an integrated company starting in the third quarter of 2013. As a result, year-onyear comparison descriptions of the cash flow are compared against the consolidated results of legacy CCCJ in
the prior year period.
During this consolidated accounting period, Cash and Cash Equivalents is JPY 30,335 million, an increase of
JPY 545 million compared with the end of last fiscal year. Cash flow by activities in this consolidated
accounting period is as follows.
(Cash Flow from Operating Activities)
Cash generated from operating activities was negative JPY 7,141million (the cash generated decreases JPY
8,377 million year-on year). This results mainly from increase in notes and accounts payable-trade, impacts
from depreciations and amortization, increase in inventories and notes and accounts receivable-trade anddecrease of other liabilities against JPY 3,274 million for net loss before income taxes.
(Cash Flow from Investing Activities)
Cash used for investing activities was JPY 18,932 million (increasing JPY 9,137 million year-on-year). The
outflow includes expenditure for new fixed assets such as machinery and equipment for plants and cold drink
equipment, loans receivable, etc. The inflow includes proceeds from sales of investments in subsidiaries
resulting in change in scope of consolidation by selling non-core businesses, proceeds from sales of property,
plant and equipment, etc.
(Cash Flow from Financing Activities)
Cash generated from financing activities was JPY 26,619 million (increasing JPY 27,566 million year-on-year).
The inflow is attributable to net increase of short-term loans. The outflow includes payment of the dividends,
repayment of lease obligations, etc.

(3)Qualitative information on the consolidated earnings forecast
No change from the upward revision of our forecast for operating income, ordinary income, net income and EPS for the fiscal
year ending December 2014, issued on May 12, 2014.

- 6 -2. Matters relating to summary information (notes)(1) Important change in subsidiaries during the consolidated 1H FY2014 under review
There is no matter applicable.
(2) Application of accounting treatments specific to preparation of quarterly consolidated financial statements
There is no matter applicable.
(3) Changes in accounting policies, accounting estimate or restatement（Change in Accounting Policy and estimates ）Change in the depreciation method, the estimated useful lives, and salvage values of tangible fixed assets
From the beginning of this fiscal year, the Company changed the depreciation method of its tangible fixed
assets from the declining method to the straight-line method.
Aiming to establish appropriate usage of the cold drink equipment beyond each legacy bottler territory, theCompany introduced new strategies regarding sales equipment in its newly planned fiscal 2014 annual
business plan. By implementing this plan, the Company ensures that assets will be productive over their
entire lives and can maximize usage periods, which will contribute to generating stable and long-term
revenue. Also, for the production equipment, the Company introduced new strategies regarding supply
chain in the annual business plan. The Company plans to improve and optimize its production capacity
beyond the legacy bottler territories through integrating production subsidiaries and making large-scale
investments in new production equipment. This plan will also enable the Company to run the assets in an
efficient and stable manner over the long run. Considering the aforementioned benefits, the Company
changed the depreciation method of its tangible fixed assets from the declining method to the straight-line
method, which more accurately reflects the estimated pattern of utilization of the assets.
The Company also extended the estimated useful life of its cold drink sales equipment such as vending
machines and coolers to nine years from a range of five to six years, which more accurately reflects theestimated useful lives of this significant asset base.
As part of this change, the salvage value of existing tangible fixed assets was adjusted to a residual value of
one JPY per asset for asset-tracking purposes, with the difference written off during the first quarter. The
salvage value write-off for assets without remaining useful lives had a negative impact on the Company’s
first two quarter 2014 reported operating income (-1,072), ordinary income (-818) and profit before tax (-787)
respectively.

- 7 -3. Quarterly Consolidated financial statements(1)Consolidated balance sheets(Million yen)
FY2013Q2 2014 YTD

AssetsCurrent assets
Cash and deposits

29,90130,436

Notes and accounts receivable-trade35,93444,261

Short-term investment securities

1,505

1,503

Merchandise and finished goods

31,26137,538Work in process－506

Raw materials and supplies

1,931

3,762

Other

20,162

25,868

Allowance for doubtful accounts

△ 51

△ 41

120,645

143,835

Buildings and structures, net

37,69136,873

Sale equipment, net

38,55843,580Land

46,75946,536

Current assets
Noncurrent assets
Property, plant and equipment

Other, net

35,69038,105

Property, plant and equipment

158,699

165,095

3,616

3,767

Other

31,78831,819Allowance for doubtful accounts

△ 260

△ 261

Intangible assets
Investments and other assets

Investments and other assets
Noncurrent assets
Assets31,52831,558

193,844

200,421314,490344,257

21,51036,019Liabilities
Current liabilities
Accounts payable-trade
Short-term loans payable－

30,000

Income taxes payable

1,585

969

Provision for bonuses

1,264

713

Provision for directors' bonuses

131－

Provision for early contact termination

220

578

Other

36,576

31,967

Current liabilities

61,289100,249

17,57916,316

Noncurrent liabilities
Provision for retirement benefits
Provision for directors' retirement benefits

367

24

Provision for environmental measures

359

360

Provision for early contact termination

3,173

2,655

Other

15,52912,913

Noncurrent liabilities

37,00932,27098,299132,520

Liabilities- 8 -(Million yen)
FY2013Q2 2014 YTD

Net assets
Shareholders' equity
Capital stock

6,499

6,499

Capital surplus

143,136

143,134

Retained earnings

67,03462,411

Treasury stock△ 1,164△ 1,161

Shareholders' equity

215,507

210,884

Valuation and translation adjustments
867

1,084

Deferred gains or losses on hedges

Valuation difference on available-for-sale securities

△ 201

△ 312

Valuation and translation adjustments

665

772

Subscription rights to shares
Net assets
Liabilities and net assets

- 9 -

19

80

216,191

211,737

314,490344,257

(2) Consolidated profit and loss statement and comprehensive profit statement(Consolidated profit and loss statement)(Million yen)
Q2 2013 YTD

Q2 2014 YTD

Net sales

88,836248,495

Cost of sales

53,171

135,781

Gross profit

35,664

112,714Selling, general and administrative expenses

35,259114,587404△ 1,873

20

71

Dividends income

16

127

Equity in earnings of affiliates

155

65

Rent income

67

159

Gain on sales of valueable wastes

89

176

Others

32

77

381

678

7

193

Operating income
Non-operating income
Interest income

Non-operating income
Non-operating expenses
Interest expenses
Rent expenses

27

58

Loss on sales and retirement of noncurrent assets

185

135

Others33

33

Non-operating expenses

254

421

532

△ 1,615

Ordinary income
Extraordinary income
Gain on sales of shares of subsidiaries－

69

Insurance income－

100

Gain on sales of noncurrent assets－

87

Extraordinary income

－

256
189

Extraordinary loss
Loss on sales and retirement of noncurrent assets

52

Impairment loss

1

60

Restructuring cost

－

1,628

Others－36

Extraordinary loss

53

1,914

Income before income taxes

478△ 3,274

Income taxes-current

316

986

Income taxes for prior periods

△ 31

－

Income taxes-deferred△ 74△ 1,332

Income taxes

211

△ 345

Income before minority interests267△ 2,928

Net income267△ 2,928- 10 -

(Consolidated comprehensive profit statement)(Million yen)
Q2 2013 YTD

Income before minority interests

Q2 2014 YTD

267△ 2,928

330

217

Deferred gains or losses on hedges

－

△ 110

Other comprehensive income

330

107

Comprehensive income597△ 2,821Comprehensive income attributable to owners of the parent company

597△ 2,821Comprehensive income attributable to minority interests－－

Other comprehensive income
Valuation difference on available-for-sale securities

Comprehensive income attributable to- 11 -

(3)Quarterly consolidated Statements of Cash flows(Million yen)
Q2 2013 YTD

Q2 2014 YTD

Net cash provided by (used in) operating activities
Income before income taxes

478△ 3,274

Depreciation and amortization

3,833

13,609

Increase (decrease) in allowance for doubtful accounts

10△6

Increase (decrease) in provision for retirement benefits84△ 1,263

Decrease (increase) in prepaid pension costs

212

△ 242

Increase (decrease) in provision for directors' bonuses

△ 42

△ 126

Increase (decrease) in provision for directors' retirement benefits

△ 19

△ 342

Increase (decrease) in provision for bonuses

-

△ 524

Increase (decrease) in other allowance

-

△ 158

△ 36

△ 199

Interest and dividends income
Interest expenses
Equity in (earnings) losses of affiliates
Retirement payments
Loss (gain) on sales and retirement of noncurrent assets
Impairment loss
Decrease (increase) in notes and accounts receivable-trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable-trade

7

193

△ 163

△ 65

-

1,293

237

237

1

60

△ 2,398△ 9,093△ 88△ 9,426

3,224

14,800△ 2,551△10,124

Other, net

△374

△213

Subtotal

2,414△4,867

35

201

△7

△ 193

△7

△ 1,521△1,229△1,502

Increase/decrease in other assets/liabilities

Interest and dividends income received
Interest expenses paid
Retirement payments paid
Income taxes paid
Income taxes returned
Net cash provided by (used in) operating activities

31

739

1,235

△7,141△ 3,812△18,976

18

663

Net cash provided by (used in) investing activities
Purchase of property, plant and equipment
Proceeds from sales of property, plant and equipment
Purchase of Intangible assets
Purchase of investment securities
Proceeds from sales and redemption of investment securities
Proceeds from sale of investments in subsidiaries resulting inchange in scope of consolidation
Net decrease (increase) in short-term loans receivable
Payments of loans receivableCollection of loans receivable

△ 148

△ 921

△5

△ 469
301

－

765

△ 5,000△ 1,064

△ 40

△ 768

210

1,564

Other, net△ 1,017△28

Net cash provided by (used in) investing activities△ 9,794△18,932－

30,000Net cash provided by (used in) financing activities
Proceeds from Short-term loans payable
Proceeds from sales of treasury stock

－

1

△1

△ 12

Repayments of lease obligations△ 151△ 1,673

Cash dividends paid

△ 794

△ 1,695

00

Net cash provided by (used in) financing activities△ 947

26,619Net increase (decrease) in cash and cash equivalents△ 9,506545

Cash and cash equivalents at beginning of period

22,012

29,790Cash and cash equivalents at end of period

12,50630,335Purchase of treasury stock

Other, net- 12 -

(4)Notes relating to Quarterly consolidated financial statements(Notes relating to assumptions for the going concern)
None(Notes in the event of significant changes in amount of shareholders’ equity)
None(Segment information, etc.)(Segment Information)
The Group has sole segment of beverage business, thus the description is omitted.

- 13 -