TOP 2009 First-half Financial Results and Future Business Strategy Contents 2009 First-half Financial Results Overview of Financial Results for the First Half of 2009 Full-year Forecasts Overview of First Half 2009 Future Business Strategy Back Cover I would like to discuss some of our key results for the first half of this year along with a couple of issues that will require further attention. Beginning with the positives, our Alcoholic Beverages Business achieved its target for first-half sales as the launch of new products in the happoshu and new genre category offset weaker-than-projected beer sales. This happened because the severe economic downturn spurred a faster-than-anticipated shift into new genre products. We also met our profit target as cost controls across the board made up for the decline in sales volume. Our Soft Drinks Business surpassed industry-average sales growth as our core Wonda and Mitsuya continued to sell strongly this year, and it also managed to return to positive profit growth despite a challenging operating climate. Our Food and Healthcare Business achieved strong growth as group synergies associated with the consolidation of Amano Jitsugyo in the second half of last year added to solid performance from our existing operations. Our overseas operations once again saw strong growth in China from Tingyi-Asahi-Itochu Beverages Holding Co., while our acquisition of Schweppes Australia and tie-up with Tsingtao Brewery Co. facilitated promising forays into new business. On a less positive note, our Alcoholic Beverages Business saw weaker-than-anticipated sales of its mainstay beer products and failed to take full advantage of the recession-driven shift towards new genre products, and a number of our existing overseas businesses also fell short of their targets, including our Chinese beer and Korean soft drinks operations.