February 10, 2022

Consolidated Financial Results
for the Nine months Ended December 31, 2021
[Japanese GAAP]
Company name:
Oisix ra daichi Inc.
Stock exchange listings: TSE
Securities code:
3182
URL: http://www.oisixradaichi.co.jp
Representative:
Kohey Takashima, Representative Director, CEOContact:
Kohei Matsumoto, Director, Corporate Planning Division General Manager
Scheduled date of filing of Quarterly Report:
February 14, 2022
Scheduled date of payment of dividend:
Preparation of supplementary materials for financial results:
Yes
Holding of quarterly financial results meeting:Yes(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for Nine Months ended December 31, 2021
(from April 1, 2021 to December 31, 2021)(1) Consolidated Operating Results
Six months ended

December 31, 2021
December 31, 2020(% of change from previous year)

Net Sales

Operating Income

Million yen%

Million yen%

Million yen%

Million yen%

87,40074,790

16.9
42.7

4,979
6,131

△18.8
283.8

6,385
7,198

△11.3
202.3

3,294
3,900

△15.5
460.4

Comprehensive income: 3rd Quarter of FY2021 (As of December 31, 2021)
3rd Quarter of FY2020 (As of December 31, 2020)(Note)*1. EBITDA stands for earnings before depreciation and amortisation.

Nine months ended

Net Income
Attributable to Ownersof the Parent*3

EBITDA*1

Net Income perShare

December 31, 2021
December 31, 2020

3,454 million yen (△8.0%)
3,752 million yen (493.6%)

Diluted Net
Income per ShareYenYen90.15
103.1290.10
102.92(2) Consolidated Financial Position
Period ended

December 31, 2021
March 31, 2021

Total Assets

Shareholders’Equity Ratio

Net Assets

Million yen

Million yen%56,761
38,36024,35319,99139.8
49.8

2. Dividends
Fiscal Year ended or ending

Dividend per Share
1Q

March 31,2021
March 31,2022

2Q

3Q

Year-endTotal

Yen

Yen

Yen

Yen

Yen

――

0.00

―

0.00

0.00

0.00

―

0.00

0.00

March 31,2022 (Forecast)(Note)
Revisions to the most recently announced forecast: None1

3. Forecast for the Fiscal Year Ending March 31, 2022 (from April 1, 2021 to March 31, 2022)(Percentages represent year-on-year changes)

Net Sales
Million yen

Full year

113,000

Operating Income

EBITDANet Incomeper ShareNet Income%Million yen%

Million yen%

Million yen%

Yen

12.9

3,5004,000△46.4△53.1

5,5006,000△32.6△38.2

2,500

△50.3

68.41

(Note)*1.Revisions to the most recently announced forecast: Yes* Notes(1) Changes of important subsidiaries during the period(Changes of specific subsidiaries in accordance with changes in the scope of consolidation):(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:

Yes2) 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 December 31, 2021

38,014,492shares

As of March 31, 2021

37,998,908shares

2) Number of treasury stocks:
As of December 31, 2021

1,469,787shares

As of March 31, 2021

1,469,655shares

3) Number of average shares during the period:
Nine months ended December 31, 2021

36,541,920shares

Nine months ended December 31, 2020

37,821,606shares* 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 the Company’s commitment to achieve suchforecasts, and actual results may differ significantly from these forecasts due to a wide range of factors.

2

Consolidated Financial Statements(1) Consolidated Balance Sheet(Millions of yen)
As of March 31, 2021
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Accounts receivable - other
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Leased assets
Accumulated depreciation
Leased assets, net

As of December 31, 2021

15,580
8,485
1,730
85
422
2,789
413
△205

13,3589,048
1,786
106511
3,124602△216

29,302

28,320500△457

13,268△576

4312,691

Other

2,191

3,412

Total property, plant and equipment

2,234

16,104

Goodwill

1,698

1,497

Other

2,064

2,200

Intangible assets

Total intangible assets

3,763

3,698

Investments and other assets

3,060

3,572

Total non-current assets

9,058

23,37538,36051,695

Total assets3

(Millions of yen)
As of March 31, 2021
Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Lease obligations
Accounts payable - other
Income taxes payable
Provision for bonuses
Provision for point card certificates

279

9,028
1,000
146
692
6,318
394
2
61

1,541

1,739

17,54019,383245
30

120
12,126

6

7

325
13541
25

Other

206

203

Total non-current liabilities

828

13,024

18,36932,408

Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings

3,993
8,014
11,7183,994
8,015
15,015

Treasury shares△4,502△4,503

Total shareholders' equity

19,22322,521

Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease obligations
Provision for retirement benefits for directors (andother officers)
Asset retirement obligations
Deferred tax liabilities

Total liabilities

Accumulated other comprehensive income
Valuation difference on available-for-sale securities

6,173
1,040
925
6,178
2,292
－

As of December 31, 2021

256

Foreign currency translation adjustment

△158

63

Total accumulated other comprehensive income△13370Non-controlling interests

900

1,761

Total net assets

19,991

24,35338,36056,761

Total liabilities and net assets4(2) Consolidated Statement of Income(Millions of yen)
Nine months ended
December 31, 2020

Nine months ended
December 31, 2021

Net sales
Cost of sales

74,79037,02687,40044,994Gross profit

37,76442,405

Selling, general and administrative expenses

31,63237,426

Operating profit

6,131

4,979

0012－
5
100
4
13
24
4
19－

48

22

24

50

139

14
17
1951－249－

65

Non-operating income
Interest income
Dividend income
Compensation income
Subsidy income
Material recycling revenue
Recoveries of written off receivables
Share of profit of entities accounted for using equity
methodOther
Total non-operating income
Non-operating expenses
Interest expenses
Share issuance costs
Foreign exchange losses
Share of loss of entities accounted for using equity
methodOther
Total non-operating expenses

12307

69

Ordinary profit

5,874

5,049

Extraordinary income
Gain on extinguishment of debt－

123

Total extraordinary income－

123

Loss on valuation of investment securities－

7

Total extraordinary losses－

7

Profit before income taxes

5,874

5,165

Income taxes - current

2,092

1,707

Income taxes - deferred△73206

Total income taxes

2,019

1,914

Profit

3,855

3,251

Loss attributable to non-controlling interests△44△43

Profit attributable to owners of parent

3,900

3,294

Extraordinary losses

5(3)Consolidated Statement of Comprehensive Income(Millions of yen)
Nine months ended
December 31, 2020

ProfitOther comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners ofparentComprehensive income attributable to non-controllinginterests

Nine months ended
December 31, 2021

3,855

3,2510△69△11△33△7△102203

3,752

3,454

3,797

3,497

△44△436222