Coca Cola Bottlers Japan : Matters Related to Controlling Shareholders, etc.

The Coca-ColaCompany

The Coca-ColaCompany is a parent company of Coca-Cola(Japan) Company, Limited and holds 18.88% (indirect ownership of 18.88%, among which 15.66% is held by Coca-Cola(Japan) Company, Limited) of voting rights of the Company, and holds the largest number of voting rights of the Company.

	March 31, 2021
To All:
Name of Company:	Coca-Cola Bottlers Japan Holdings Inc.
Name of Representative:	Calin Dragan, Representative Director and President
	(Code No.: 2579 1st Section, Tokyo Stock Exchange)
Contact:	Maki Kado, Executive Officer, Executive Business Manager
	(TEL: [phone])

Matters Related to Controlling Shareholders, etc.

The Company hereby notifies you of the matters related to controlling shareholders, etc. concerning

The Coca-Cola Company and its subsidiary Coca-Cola(Japan) Company, Limited as other affiliate companies of the Company, as follows.

1. Trade Name, etc. of Parent Company, Controlling Shareholder (excl. Parent Company) or Other Affiliate Company (as of December 31, 2020)

		Voting Rights Ownership (%)	Financial Instruments Exchange,
Name	Attribution				etc. Where the Share Certificates
Direct	Combined	Total
		Ownership	Ownership	Issued are Listed
The Coca-Cola	Entity holding				New York Stock Exchange
the Company	0.00	18.88	18.88
Company	(USA)
as affiliate		(Note)
	Subsidiary of
Coca-Cola (Japan)	entity holding	15.66	0.00	15.66	Unlisted
Company, Limited	the Company
	as affiliate
(Note) Including 15.66% of direct ownership of Coca-Cola (Japan) Company, Limited.

2. Name of Parent Company, etc. Which is Deemed to Have the Largest Influence on Listed Companies and Reason Therefor

Name

Reason

3. Reason for Exemption from Disclosure of Financial Information on Unlisted Parent Company, etc.

Among other affiliated companies, i.e. The Coca-Cola Company and its subsidiary Coca-Cola (Japan) Company, Limited, The Coca-Cola Company has the largest influence on the Company and falls under the category of parent companies, etc. as set forth in the Securities Listing Regulations; however, it is listed on the New York Stock Exchange (USA) and, thus, is exempted from disclosure pursuant to said Rules.

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1. Position of Listed Companies in a Corporate Group of the Parent Company, etc. and Other Relationship between Listed Companies and the Parent Company, etc.
   The Coca-Cola Company owns 18.88% (indirect ownership) of voting rights of the Company, and the Company has one (1) director serving as Audit and Supervisory Committee member from The Coca-Cola Company. The Company will continue to accept appropriate human resources from them in the future for the purpose of enhancement of its corporate value while keeping the principle of maintaining independence of management as a listed company.
   The Company has entered into an agreement on manufacture, sale and use of a trademark of Coca-Cola, etc. with The Coca-Cola Company and its subsidiary Coca-Cola (Japan) Company, Limited, and has a business relationship of such as receipts of sales promotion rebate and purchasing beverage bases, etc. with Coca-Cola (Japan) Company, Limited.
   Since the Company makes decisions and executes business at its own responsibility with respect to business activities and management decisions, the Company believes that it secures a certain level of independence.
2. Matters Related to Transactions with Controlling Shareholders

The Company has a business relationship such as receipts of sales promotion rebate and purchasing beverage bases, etc. with Coca-Cola (Japan) Company, Limited, a subsidiary of The Coca-Cola Company.

More details are as follows.

For the year ended December 31, 2019

											(Millions of yen)
Name	Relationship with		Transaction			The amount of the			Amount outstanding
affiliated companies				transaction
				Income from
Coca-Cola (Japan)	Subsidiary of other		rebates of sales	128,200	12,388
subsidiaries and		promotion
Company, Limited
associates		Purchase of
			357,593	25,341
				concentrate
For the year ended December 31, 2020
											(Millions of yen)
Name	Relationship with		Transaction			The amount of the			Amount outstanding
affiliated companies				transaction
Coca-Cola			Income from
Subsidiary of		rebates of sales	132,021	16,351
(Japan)
other subsidiaries		promotion
Company,
and associates		Purchase of
Limited		306,759	10,273
		concentrate

*The transaction amount does not include consumption taxes, but the amount outstanding includes consumption taxes. Transactions with Coca-Cola (Japan) Company, Limited are conducted based on the contract concluded with The Coca-Cola Company and Coca-Cola (Japan) Company, Limited concerning the manufacture, sale of the Coca-Cola etc. and use of the Coca-Cola trademark.

End of file

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