August 13, 2018

Consolidated Financial Results
for the Three months Ended June 30, 2018
[Japanese GAAP]
Company name:
Oisix ra daichi Inc.
Securities code:
3182
Representative:
Kohey Takashima, Representative Director, CEOContact:
Hajime Yamanaka, Corporate Officer, Administration
Scheduled date of filing of Quarterly Report:
Scheduled date of payment of dividend:
Preparation of supplementary materials for financial results:
Holding of quarterly financial results meeting:Stock exchange listings: TSE Mothers
URL: http://www.oisixradaichi.co.jp

August 14, 2018
YesNone(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for Three Months ended June 30, 2018 (from April 1, 2018 to June 30, 2018)(1) Consolidated Operating Results(% of change from previous year)

Three months ended

June 30, 2018
June 30, 2017

Net Sales

Operating Income

Net Income
Attributable toOwners ofthe Parent

EBITDA

Million yen%

Million yen%

Million yen%

Million yen%

16,853
9,602

75.5
78.5

610
141

331.2
△16.7

808
320

152.2
42.2

537
72

638.7
△39.4

(Note)
1.Comprehensive income: 1stQuarter of FY2018(As of June 30, 2018)
535 million yen(636.7%)
1stQuarter of FY2017(As of June 30, 2017) 72 million yen(△38.7%)
2.Radish Boya figures are for 4 months, March to June, to reflect a change in fiscal year end.

Three months ended

Net Income per
ShareJune 30, 2018
June 30, 2017

Diluted Net
Income per
Share

Yen

Yen

32.40
4.55

31.75
4.44(Note）
1.EBITDA stands for earnings before depreciation and amortisation.
2.On April 1, 2018, the Company implemented a 2 for 1 stock split of common shares. For the previous consolidated accounting
year, said stock split is assumed to have occurred at the beginning of that accounting year for the purposes of calculatingcomparable Net Income per Share and Diluted Net Income per Share figures.

(2) Consolidated Financial Position
Period ended

Total Assets

June 30, 2018
March 31, 2018
(Reference)
Shareholders’ equity(million yen)

Net Assets

Shareholders’Equity Ratio

Million yen

Million yen%

20,507
19,857

10,613
10,04851.7
50.6

As of June 30, 2018 : 10,595

1

As of March 31, 2018 : 10,045

2. Dividends
Dividend per Share

Fiscal Year ended or ending

1Q

2Q

3Q

Year-end

TotalYenYen

YenYenYen――0.00

―0.00

0.00

0.00

―

0.00

0.00

March 31,2018
March 31,2019
March 31,2019 (Forecast)(Note)
Revisions to the most recently announced forecast: None

3. Forecast for the Fiscal Year Ending March 31, 2019 (from April 1, 2018 to March 31, 2019)(Percentages represent year-on-year changes)

Net Sales
Million yen

Full year

61,000Operating Income

EBITDANet Income
per Share

Net Income%Million yen%

Million yen%

Million yen%

Yen

52.5

1,200

34.6

2,000

19.7

900

279.3

54.38

(Note)
Revisions to the most recently announced forecast: None
EBITDA stands for earnings before depreciation and amortisation.

* Notes(1) Changes of important subsidiaries during the period(Changes of specific subsidiaries in accordance with changes in the scope of consolidatoin):(2) Adoption of specific accounting treatments to the preparation of consolidated quarterly
financial statements:

NoneNone(3) Changes in accounting policies and accounting estimates, and restatements
1) Changes in accounting policies due to revisions in accounting standards:

None2) Changes in accounting policies other than 1) above:None3) Changes in accounting estimates:

None4) Restatements:

None(4) Number of shares issued (common shares)
1) Number of shares issued (including treasury stock):
As of June 30, 2018
16,628,802shares
As of March 31, 2018
16,551,178shares
2) Number of treasury stocks:
As of June 30, 2018
1,736shares
As of March 31, 2018
1,670shares
3) Number of average shares during the period:
Three months ended June 30, 201816,583,614shares
Three months ended June 30, 2017
15,977,654shares(Note)On April 1, 2018, the Company implemented a 2 for 1 stock split of common shares. For the previous consolidated accounting
year, said stock split is assumed to have occurred at the beginning of that accounting year for the purposes of calculatingcomparable Net Income per Share and Diluted Net Income per Share figures.

* This financial report is outside the scope of the audit by certified public accountants or auditing firms.

* Explanation of the proper use of forecast and other notes
The forward-looking statements herein are based on information available to the Company and certain
assumptions deemed reasonable as of the date of publication of this document. They are not intended as theCompany’s commitment to achieve such forecasts, and actual results may differ significantly from these forecasts
due to a wide range of factors.

2Consolidated Financial Statements(1) Consolidated Balance Sheet(Thousands of yen)
As of March 31, 2018

As of June 30, 2018

AssetsCurrent assets
Cash and deposits

7,236,330

7,476,688

Accounts receivable-trade5,415,701

5,430,160

918,137

1,084,474

Merchandise and finished goods
Work in process

4,435

16,907

Raw materials and supplies

207,590

233,595

Accounts receivable-other

1,335,9941,515,037

300,077

277,280△156,696△152,933

15,261,572

15,881,210

878,426

882,434

Goodwill

1,506,089

1,410,736

Others877,657

972,568

Total intangible assets

2,383,747

2,383,304

Investments and other assets

1,323,134

1,360,817

OthersAllowance for doubtful accounts
Total current assets
Noncurrent assets
Property, plant and equipment
Intangible assets

Total noncurrent assets
Total assets

3

4,585,307

4,626,556

19,846,880

20,507,767

(Thousands of yen)
As of March 31, 2018

As of June 30, 2018

Liabilities
Current liabilities
Accounts payable-trade

4,097,110

4,324,160

Short-term loans payable

6,012

8,831

Accounts payable-other3,076,648

2,959,640

Income taxes payable

266,572

146,795

Provision for bonuses

90,47757,428Provision for points certificates

147,754

129,431

Asset retirement obligations

66,00066,000

Others979,109

1,109,656

8,729,685

8,801,944

41,296

61,283

Total current liabilities
Noncurrent liabilities
Long-term loans
Provision for directors' retirement benefits

3,300

3,600

Retirement benefit liabilities

458,874

457,988Asset retirement obligations

282,649

286,074

Others282,787

283,058

1,068,907

1,092,004

9,798,592

9,893,949

Total noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock

1,259,797

1,267,699

Capital surplus

5,274,175

5,282,074

Retained earnings

3,510,139

4,047,419

Treasury stocks△2,065△2,182

10,042,046

10,595,011

4,693

3,891

△1,030△2,917

Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustments
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

4

3,662

973

2,578

17,833

10,048,288

10,613,818

19,846,880

20,507,767

(2) Consolidated Statement of Income(Thousands of yen)
Period ended
June 30, 2017
9,602,199

Period ended
June 30, 201816,853,520

Cost of sales

5,163,324

8,914,488

Gross profit

4,438,875

7,939,032

Selling, general and administrative expenses

4,297,306

7,328,562

141,569

610,469

Net sales

Operating income
Non-operating income
Interest income

4117

Dividend received

4,447

4,230

Compensation income

1,593

Income on equity method investments

1,681

3,383
－Others

12,86525,940Total non-operating income

20,62833,571Non-operating expenses
Interest expenses

85437

Stock issuance cost

351

2,853

Foreign exchange losses

631－

11,509Others

4,876

2,212

Total non-operating expenses

5,943

17,700Ordinary income

156,254626,341

Income before income taxes

156,254626,341

Income taxes-current

94,512

107,940

Income taxes-deferred

Liabilities from application of equity method

687△10,934△19,459

Total income taxes

83,57888,481

Net income

72,675537,860△5557972,731

537,280

Net income attributable to non-controlling interests
Net income attributable to owners of the parent

5

(3) Consolidated Statement of Comprehensive Income

Net income

Period ended
June 30, 2017
72,675(Thousands of yen)
Period ended
June 30, 2018537,860

Other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustments－△802△33△1,887

Total other comprehensive income△33△2,68972,641

535,171

72,697534,591△55579Comprehensive income
Total comprehensive income attributable toOwners of the parent
Non-controlling intetests

6