Coca-Cola Bottlers Japan Holdings Details Shareholder Influence and Business Independence

Coca-Cola Bottlers Japan Holdings ( (JP:2579) ) has provided an update.

Coca-Cola Bottlers Japan Holdings has announced details regarding its controlling shareholders, highlighting the significant influence of The Coca-Cola Company, which holds an 18.74% indirect voting rights stake. The company maintains a business relationship with Coca-Cola (Japan) Company, Limited, involving transactions such as sales promotion rebates and the purchase of beverage concentrates. Despite these affiliations, Coca-Cola Bottlers Japan Holdings asserts its operational independence, making its own business and management decisions while benefiting from the resources and agreements with its parent company.

More about Coca-Cola Bottlers Japan Holdings

Coca-Cola Bottlers Japan Holdings Inc. operates within the beverage industry, focusing primarily on the manufacture and sale of Coca-Cola products. The company is affiliated with The Coca-Cola Company and Coca-Cola (Japan) Company, Limited, and is listed on the Prime Market of the Tokyo Stock Exchange.

YTD Price Performance: 3.18%

Technical Sentiment Signal: Sell

Current Market Cap: $2.9B

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