Sanyo Coca-cola Bottling Co., Ltd. - 2574- Profile

Sanyo Coca-Cola Bottling Co., Ltd. was established in 1963. The company manufactures Coca-Cola, Fanta, Sprite and other soft drinks in its factory in Hiroshima prefecture and sells its products and bought-in soft drinks directly to the retailers in Japan's Sanyo region, namely Hiroshima, Okayama, Yamaguchi, Tottori and Shimane prefectures. Non-carbonated drinks accounted for 45% of 1998 unconsolidated revenues; carbonated drinks, 19%; wholesale of non-carbonated drinks, 25%; wholesale of carbonated drinks, 7% and other, 4%. Unconsolidated revenues accounted for 92.2% of 1998 consolidated revenues. The company has four consolidated subsidiaries all based in Hiroshima, Japan. Nichirei Corporation is the major shareholder with 24.74% of issued stock.