Overview
Foods

HOKKAIDO COCA-COLA BOTTLING CO.,LTD.

Hokkaido Coca-Cola Bottling Co., Ltd. is the exclusive Coca-Cola bottler for Hokkaido, Japan, engaged in the manufacture and sale of Coca-Cola brand beverages and other soft drinks. The company operates through a vertically integrated group structure encompassing beverage production, vending machine operations, logistics, and equipment maintenance services. As a subsidiary of Dai Nippon Printing Co., Ltd. (DNP), the company distributes products through retail channels and an extensive vending machine network across Hokkaido.

Market Cap
¥55.9B
US$356M
EV
¥48.9B
US$312M
Stock¥4,105▲+0.24%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.9
x
LTM EV/EBIT
21.8
x
LTM PER
39.0
x
LTM PBR
1.3
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.8%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
55.9BUS$356MMarket Cap1.19BUS$7.56M+ Debt7.44BUS$47.5M− Cash0.69BUS$4.42M− Inv. Sec.48.9BUS$312MEV
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Performance & Balance
Revenue 5Y (¥B)
52.0US$332M'21/1251.6US$329M'22/1256.4US$360M'23/1256.9US$363M'24/1259.1US$377M'25/12
EBITDA 5Y (¥B)
2.79US$17.8M'21/122.71US$17.3M'22/123.61US$23.0M'23/124.18US$26.6M'24/124.74US$30.3M'25/12
Net Income 5Y (¥B)
0.63US$4.03M'21/120.56US$3.55M'22/121.31US$8.37M'23/121.55US$9.85M'24/121.67US$10.7M'25/12
Capital Structure
97%
EquityD/E 0.03xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
10.8US$69.2M0.94US$6.00M'21/1210.1US$64.2M1.03US$6.56M'22/1210.1US$64.6M1.07US$6.84M'23/1210.9US$69.8M1.09US$6.96M'24/1210.3US$65.5M1.12US$7.15M'25/12
Shareholders
Top 10 hold 71.2%
1
Dai Nippon Printing Co.,Ltd.
56.97%
2
Kuribayashi Shokai Co., Ltd.
9.48%
3
Kiyoko KITAJIMA
1.69%
4
DFA International Small Cap Value Portfolio (Standing Proxy: Citibank, N.A., Tokyo Branch)
0.77%
5
Kohei SEKIYA
0.47%
6
MSIP Client Securities (Standing Proxy: Morgan Stanley MUFG Securities Co., Ltd.)
0.40%
7
The Dai-ichi Life Insurance Company, Limited (Standing Proxy: Japan Custodian Bank, Ltd.)
0.39%
8
Mitsubishi UFJ Trust and Banking Corporation (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
0.37%
9
Meiji Yasuda Life Insurance Company (Standing Proxy: Japan Custodian Bank, Ltd.)
0.36%
10
Mizuho Trust & Banking Co., Ltd. (Standing Proxy: Japan Custodian Bank, Ltd.)
0.29%
Management
13 officers
Shota SAKAYORI
Representative Director, President
Apr 1986 Joined Dai Nippon Printing Co., Ltd. Jan 2002 General Manager, Sales Department 5, Commercial Printing Sales Headquarters 1, Commercial Printing Business Division, Dai Nippon Printing Co., Ltd. Apr 2009 General Manager, Commercial Printing Sales Headquarters 3, Commercial Printing Business Division, Dai Nippon Printing Co., Ltd. Apr 2017 Deputy General Manager, Information Innovation Business Division, Dai Nippon Printing Co., Ltd. Mar 2020 Joined the Company as Director; concurrently General Manager, 1st CX Center, Information Innovation Business Division, Dai Nippon Printing Co., Ltd. Sep 2021 Resigned from Dai Nippon Printing Co., Ltd. Oct 2021 Managing Director, in charge of Administration Division, the Company Mar 2023 Senior Managing Director, in charge of Sales Division, the Company Mar 2024 Representative Director, President, the Company (current)
1963-03-19
Yusuke YAMADA
Senior Managing Director; General Manager, Customer Marketing Headquarters; in charge of Sales Planning Headquarters and Business Promotion Headquarters
Apr 1990 Joined the Company Apr 2004 General Manager, Sales Planning Department, Sales Management Headquarters Mar 2010 Executive Officer; General Manager, Public Relations & CSR Promotion Department Jan 2011 Executive Officer; General Manager, Chain Store Business Division, Sales Management Headquarters May 2013 Resigned from the Company May 2013 Representative Director, President, Hokkaido Service Co., Ltd. Mar 2015 Joined the Company as Director; Deputy General Manager, Sales Management Headquarters Mar 2015 Resigned from Hokkaido Service Co., Ltd. Jan 2019 Director; General Manager, Sales Management Headquarters; General Manager, Area Headquarters, Sales Management Headquarters Mar 2023 Managing Director; General Manager, Customer Marketing Headquarters; in charge of Sales Planning Headquarters and Area Business Headquarters Jan 2024 Representative Director, President, Hokkaido Coca-Cola Retail & Vending Co., Ltd. and Hokkaido Vending Co., Ltd. (current) Mar 2024 Senior Managing Director; General Manager, Customer Marketing Headquarters; in charge of Sales Planning Headquarters and Business Promotion Headquarters (current)
1965-07-27
Koichi KOMATSU
Director; in charge of Public Relations & Sustainability Promotion Department, Technology Department, and Production Control Department
Apr 1991 Joined the Company Oct 2006 General Manager, Technology Department, the Company Mar 2012 Resigned from the Company Mar 2012 Director, Hokkaido Vending Co., Ltd. Mar 2014 Joined the Company as Executive Officer, in charge of Technology Department Mar 2014 Resigned from Hokkaido Vending Co., Ltd. Mar 2016 Executive Officer, in charge of Technology Department, the Company; Representative Director, President, Hokkaido Coca-Cola Products Co., Ltd. Mar 2017 Director, in charge of Technology Department, the Company; Representative Director, President, Hokkaido Coca-Cola Products Co., Ltd. Mar 2020 Director, in charge of Technology Department and Production Control Department, the Company Mar 2020 Retired as Representative Director, President, Hokkaido Coca-Cola Products Co., Ltd. Oct 2024 Director, in charge of Public Relations & Sustainability Promotion Department, Technology Department, and Production Control Department (current)
1968-04-03
Naoyuki TANAKA
Director; General Manager, Group Management Planning Department; in charge of Group Management Control Department
Apr 1995 Joined Dai Nippon Printing Co., Ltd. Nov 2005 General Manager, Administration Department, DNP Media Create Co., Ltd. (Kansai) Apr 2011 General Manager, Planning & Administration Department, DNP Tohoku Co., Ltd. Jul 2014 General Manager, Planning & Administration Department, DNP Graphica Co., Ltd. Apr 2017 Deputy General Manager, Planning & Administration Department, Information Innovation Business Division, Dai Nippon Printing Co., Ltd. Apr 2020 Deputy General Head, Management Headquarters, DNP Planning Network Co., Ltd. Feb 2023 Resigned from DNP Planning Network Co., Ltd. Mar 2023 Joined the Company as Advisor Mar 2023 Director, in charge of Administration Department, the Company Oct 2024 Director; General Manager, Group Management Planning Department; in charge of Group Management Control Department (current)
1972-04-28
Kazuki SUGAWARA
Director; General Manager, Sales Planning Headquarters; General Manager, Sales Planning Department
Apr 1996 Joined the Company Oct 2009 Head, Sales Planning Office Mar 2013 Executive Officer; Head, Sales Planning Office Jan 2021 Executive Officer; General Manager, Area Sales Headquarters; General Manager, Sales Planning Department Jan 2022 Executive Officer; General Manager, Sales Planning Department Jan 2023 Executive Officer; General Manager, Sales Planning Headquarters; General Manager, Sales Planning Department Mar 2025 Director; General Manager, Sales Planning Headquarters; General Manager, Sales Planning Department (current)
1973-01-10
Yasuharu SASAKI
Full-time Corporate Auditor
Apr 1986 Joined the Company Apr 2010 General Manager, Asahikawa Sales Department, Retail Business Division Apr 2015 General Manager, Chain Store Sales Department 3, 1st Headquarters, Sales Management Headquarters Mar 2016 Resigned from the Company Apr 2016 Director, Hokkaido Vending Co., Ltd. Jan 2023 Director; Deputy General Manager, Sales Headquarters, Hokkaido Coca-Cola Retail & Vending Co., Ltd. Jan 2024 Managing Director; General Manager, Area Management Headquarters and General Affairs Department, Hokkaido Coca-Cola Retail & Vending Co., Ltd.; joined the Company; General Manager, VM Planning Department, Sales Planning Headquarters Sep 2025 Resigned from the Company Oct 2025 Managing Director; in charge of Area Management Headquarters; General Manager, General Affairs Department, Hokkaido Coca-Cola Retail & Vending Co., Ltd. Mar 2026 Retired as Director, Hokkaido Vending Co., Ltd., and as Managing Director, Hokkaido Coca-Cola Retail & Vending Co., Ltd.; joined the Company; Full-time Corporate Auditor (scheduled)
1965-06-22
Kenji HIROHATA
Director
Apr 2006 Joined Dai Nippon Printing Co., Ltd. Sep 2017 Head, Finance & Accounting Division, PT DNP Indonesia Oct 2024 General Manager, Business Promotion Department, Business Promotion Headquarters, Dai Nippon Printing Co., Ltd. Mar 2026 Director, the Company (scheduled)
1984-02-13
Shunsuke TOMIOKA
Director
Sep 2007 Joined Koji Tomioka Law Office; registered as attorney (Sapporo Bar Association) Mar 2016 Director, the Company (current)
1976-09-30
Keiichi UEDA
Director
Apr 1979 Joined Eiko Audit Corporation (now EY ShinNihon LLC) Mar 1982 Registered as Certified Public Accountant Jul 1988 Joined Chuo Audit Corporation Jul 1998 Representative Partner, Chuo Audit Corporation Jan 2007 Established Keiichi Ueda Certified Public Accountant Office Mar 2016 Corporate Auditor, the Company Mar 2020 Director, the Company (current)
1956-06-30
Naoko HIASA
Director
Apr 1978 Joined Hokkaido Shimbun Press Co., Ltd. Jul 2005 General Manager, News Department, Muroran Branch, Hokkaido Shimbun Press Co., Ltd. Jul 2014 Branch Manager, Obihiro Branch, Hokkaido Shimbun Press Co., Ltd. Jun 2016 Representative Director, President, Hokkaido Shimbun Culture Center Co., Ltd. Jun 2018 Full-time Corporate Auditor, Hokkaido Shimbun Press Co., Ltd. Jun 2022 Retired from Hokkaido Shimbun Press Co., Ltd. Mar 2024 Director, the Company (current)
1955-07-28
Seiji ARAI
Full-time Corporate Auditor
Apr 1986 Joined Dai Nippon Printing Co., Ltd. Apr 2007 General Manager, Administration Department 1, DNP Accounting Service Co., Ltd. May 2015 General Manager, Accounting Department, Accounting Headquarters, Dai Nippon Printing Co., Ltd. Apr 2019 Deputy General Head, Accounting Headquarters, Dai Nippon Printing Co., Ltd. Mar 2021 Representative Director, President, DNP Accounting Service Co., Ltd. Mar 2024 Resigned from DNP Accounting Service Co., Ltd.; joined the Company as Advisor Mar 2024 Full-time Corporate Auditor, the Company (current)
1963-10-08
Naoya ITO
Corporate Auditor
Apr 2010 Professor, Graduate School, Hokkaido University Mar 2016 Corporate Auditor, the Company (current) Apr 2024 Professor Emeritus, Hokkaido University
1958-09-21
Takenori GOTO
Corporate Auditor
Sep 2007 Joined Seishin Law Office (now Seishin Law Corporation); registered as attorney (Sapporo Bar Association) Sep 2010 Opened Sapporo Frontier Law Office Mar 2018 Corporate Auditor, the Company (current)
1976-03-05
Large Shareholding Reports
No filings
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-12
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-06
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-26
Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-11-06
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-08-12
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-09
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-31
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-14
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-29
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-13
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINETAmended
2023-03-30
Amended Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2023-03-30
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-03-31
Annual Securities Report
EDINET
2021-11-11
Quarterly Securities Report
EDINET
2021-08-12
Quarterly Securities Report
EDINET
2021-05-13
Quarterly Securities Report
EDINET
2021-03-31
Annual Securities Report
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