Coca-Cola Export Corporation to raise stake in Japan bottler

The Coca-Cola Export Corporation, a wholly-owned subsidiary of The Coca-Cola Company, is set to acquire 10,000,000 shares of Coca-Cola Bottlers Japan Holdings Inc. via an over-the-counter transaction. The acquisition, scheduled for December 11, 2025, represents 5.93% of the target company's total voting rights.

This transaction will increase The Coca-Cola Export Corporation's total voting rights in Coca-Cola Bottlers Japan Holdings from 5.11% to 11.04%. As a result, The Coca-Cola Export Corporation is expected to become the second-largest major shareholder in the Japanese bottler.

The company anticipates no impact on its management structure or business performance from these changes. The acquisition qualifies as a "Buying Up designated by an ordinance that is equivalent to a Tender Offer" under Japanese financial regulations due to the size of the stake being acquired.