COCA COLA WEST : Consolidated Financial Summary for Fiscal Year Ended December 31, 2016 (Japanese Standard)

Member of the Financial Accounting Standards Foundation

February 6, 2017

Listed company name: Coca-Cola West Company, Limited Listed stock exchanges: Tokyo and Fukuoka

Code number: 2579 URL: http://www.ccwest.co.jp/english Delegate: Title: Representative Director, President Name: Tamio Yoshimatsu

Contact: Title: Department Manager, Finance Department Name: Masakiyo Uike Phone: +81-92-641-8585 Expected date of general shareholders meeting: March 22, 2017

Expected date of the dividend payments: March 23, 2017

Expected date of submission of annual securities report: March 23, 2017 FY 2016 supplementary information: Yes

FY 2016 financial presentation: Yes

(Fractions of one million yen are round off)

１．Consolidated financial results for the fiscal year ended December 31, 2016 (from January 1, 2016 to December 31, 2016)

（Percentages indicate changes over the same period in the prior fiscal year）

（1）Consolidated financial results

Note: Comprehensive income

Fiscal Year 2016: 5,022 million yen Fiscal Year 2015: 11,217 million yen

Reference: Equity income of unconsolidated subsidiaries and affiliates

Fiscal Year 2016: 199 million yen Fiscal Year 2015: 88 million yen

（2）Consolidated financial position

Reference: Net assets (excl. minority interests)

Fiscal Year 2016: 260,758 million yen Fiscal Year 2015: 260,493 million yen

（3）Consolidated cash flows

２．Dividends

Note: 1. End of 2Q FY 2016 dividend : an ordinary dividend of 21.00 yen, a commemorative dividend of 1.00 yen FY 2016 ending dividend : an ordinary dividend of 23.00 yen, a commemorative dividend of 1.00 yen

1. CCW plans to launch a new consolidating company "Coca-Cola Bottlers Japan Inc."on April 1, 2017 as the effective date by integrating businesses with Coca-Cola East Japan Co., Ltd.

   Year-end dividend forecast for 2017 ending Dec shall be announced separately once defined.

   ３．Forecast of consolidated financial results for the fiscal year ended December 31, 2017 (from January 1, 2017 to December 31, 2017)

   （Percentages indicate changes over the same period in the prior fiscal year）

   Net revenues		Operating income		Recurring income		Profit attributable to owners of parent		Earnings per share
   Full year 2017	million yen －	% －	million yen －	% －	million yen －	% －	million yen －	% －	Yen －

   Note: CCW plans to launch a new consolidating company "Coca-Cola Bottlers Japan Inc."on April 1, 2017 as the effective date by integrating businesses with Coca-Cola East Japan Co., Ltd.

   Full-year consolidated performance forecasts for 2017 ending Dec shall be announced separately once defined.

   Notes

   （1）Changes in significant subsidiaries during the current period

   (changes in specified subsidiaries resulting in change in scope of consolidation)

   : None

   （2）Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements after error corrections

2. Changes in accounting policies due to revisions to accounting standards and other regulations

3. Changes other than those in 1) above

4. Changes in accounting estimates

5. Restatement of prior period financial statements after error corrections

6. : Yes

   : None

   : Yes

   : None

   （3）Number of outstanding shares (common share)

7. Number of outstanding shares at the end of period (including treasury shares): FY 2016: 111,125,714 shares FY 2015: 111,125,714 shares

8. Number of treasury shares at the end of period:

   FY 2016: 1,989,069 shares FY 2015: 1,986,911 shares

9. Average number of outstanding shares during the period:

FY 2016: 109,137,811 shares FY 2015: 109,140,130 shares

• Indication regarding execution of the review procedures

  At the time of disclosure of this financial summary, the review procedures for the financial statements in accordance with the Financial Instruments and Exchange Act are in progress.

• Explanation regarding appropriate use of the forecast, other special instructions

Figures in the above forecast are based on information available to management at the time of announcement. Due to number of inherent uncertainties in the forecast, actual results may differ materially from the forecast.

Consolidated Results For Full-Year 2016 Appendix

1 . Situation of Consolidated Profit and Loss	…	1
2 . Profits Change Factor (vs. plan)	…	2
3 . Profits Change Factor (vs. last year)	…	3
4 . Consolidated Balance Sheet and Change Factor	…	4
5 . Investment, Depreciation, Cash Flow (consolidated)	…	6
6 . Projections (consolidated)	…	7
7 . Sales Information	…	8
8 . Number of Vending Machines, Market Share	…	11
9 . Home Market Share	…	11
10 . Stock Information	…	12
11 . Segment Information	…	12

-Creating a happy tomorrow for everyone-

Coca-Cola West Co., Ltd. (2579) February 6, 2017

1. Situation of Consolidated Profit and Loss

(January 1, 2016 to December 31, 2016)

(million yen, %)

2015 actual	2016
	plan*	actual	vs. plan		vs. last year
			change	% change	change	% change
Net revenues	440,476	460,200	460,455	255	0.1	19,979	4.5
Operating income	14,262	20,500	21,143	643	3.1	6,881	48.3
Recurring income	13,723	18,800	20,602	1,802	9.6	6,879	50.1
Profit attributable to owners of parent	9,970	10,800	5,245	(5,554)	(51.4)	(4,725)	(47.4)

* The above plan is based on performance forecast announced as of August 12, 2016.

Net revenues Recurring income (loss)

＜million yen＞

400,000

2015 2016

329,661

440,476

353,710

460,455

＜million yen＞

17,500

2015 2016

18,320

20,602

13,723

300,000

200,000

200,994

219,306

12,500

7,500

11,294

8,630

100,000

3 months	6 months	9 months	12 months
2015	91,116	200,994	329,661	440,476
2016	100,545	219,306	353,710	460,455
change	9,429	18,312	24,049	19,979
% change	10.3%	9.1%	7.3%	4.5%

0

91,116100,545

2,500

△ 2,500

3 months	6 months	9 months	12 months
2015	(1,290)	2,295	11,294	13,723
2016	2,069	8,630	18,320	20,602
change	3,360	6,335	7,026	6,879
% change	－	275.9%	62.2%	50.1%

0

(1,290)

2,069

2,295

Operating income (loss) Profit (loss) attributable to owners of parent

＜million yen＞

18,000

13,000

8,000

3,000

△ 2,000

(1,246)

2,209

2015 2016

11,507

8,883

2,430

19,025

14,262

21,143

＜million yen＞

13,000

8,000

3,000

(1,252)

953

2015 2016

8,857

4,633

14,347

10,627

9,970

5,245

△ 2,000

00

3 months	6 months	9 months	12 months
2015	(1,246)	2,430	11,507	14,262
2016	2,209	8,883	19,025	21,143
change	3,456	6,452	7,518	6,881
% change	－	265.5%	65.3%	48.3%

3 months	6 months	9 months	12 months
2015	(1,252)	8,857	14,347	9,970
2016	953	4,633	10,627	5,245
change	2,206	(4,224)	(3,720)	(4,725)
% change	－	(47.7)%	(25.9)%	(47.4)%

Appendix-1