Coca-Cola Bottlers Japan Holdings Exceeds EPS Estimates by 60%

Coca-Cola Bottlers Japan Holdings Inc., trading as TSE:2579, has reported its latest half-yearly results. The stock dropped 10% to JP¥3,828 in the week since the release.

The company's revenues were JP¥423b, which is roughly in line with analysts' expectations. However, statutory earnings per share (EPS) came in at JP¥34.72, a significant 60% ahead of estimates.

Following the results, analysts have updated their forecasts for the company. They now expect revenues in 2026 to be JP¥913.8b, approximately in line with the last 12 months. Statutory earnings per share are predicted to grow 19% to JP¥145 in 2026.

The consensus price target of JP¥4,165 suggests that the business is executing well and in line with expectations. However, there is some variation among analysts' estimates, ranging from a high of JP¥5,150 per share to a low of JP¥2,800.