November 10, 2022

Consolidated Financial Results
for the Six months Ended September 30, 2022
[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:
November 11, 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 Six Months ended September 30, 2022
(from April 1, 2022 to September 30, 2022)(1) Consolidated Operating Results
Six months ended

September 30, 2022
September 30, 2021(% of change from previous year)

Net Sales

Operating Income

Million yen%

Million yen%

Million yen%

Million yen%

55,45056,167

△1.3
18.1

1,672
3,347

△50.0
△15.8

2,771
4,188

△33.8
△10.5

892
2,156

△58.6
△12.1

Comprehensive income: 2nd Quarter of 2023.3 (As of September 30, 2022)
2nd Quarter of 2022.3 (As of September 30, 2021)(Note)*1. EBITDA stands for earnings before depreciation and amortisation.

Six months ended

Net Income
Attributable to Ownersof the Parent

EBITDA*1

Net Income perShare

September 30, 2022
September 30, 2021

1,439 million yen (△37.8%)
2,312 million yen (△2.8%)

Diluted Net
Income per ShareYenYen

24.42
59.00

58.97

(2) Consolidated Financial Position
Period ended

September 30, 2022
March 31, 2022

Total Assets

Shareholders’Equity Ratio

Net Assets

Million yen

Million yen%57,909
52,63425,361
23,87240.9
42.0

2. Dividends
Fiscal Year ended or ending

Dividend per Share
1Q

March 31,2022
March 31,2023

2Q

3Q

Year-endTotal

Yen

Yen

Yen

Yen

Yen

――

0.00

―

0.00

0.00

0.00

―

0.00

0.00

March 31,2023 (Forecast)(Note)
Revisions to the most recently announced forecast: None1

3. Forecast for the Fiscal Year Ending March 31, 2023 (from April 1, 2022 to March 31, 2023)(Percentages represent year-on-year changes)

Net Sales
Million yen

Full year

120,000

Operating Income

EBITDANet Incomeper ShareNet Income%Million yen%

Million yen%

Million yen%

Yen

5.7

4,500

7.9

6,500

4.6

2,500

△8.3

68.41

(Note)*1.Revisions to the most recently announced forecast: None

* 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:

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 September 30, 2022

38,028,092shares

As of March 31, 2022

38,014,892shares

2) Number of treasury stocks:
As of September 30, 2022

1,469,875shares

As of March 31, 2022

1,469,831shares

3) Number of average shares during the period:
Six months ended September 30, 2022

36,553,704shares

Six months ended September 30, 2021

36,540,492shares* 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
As of March 31, 2022

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, net
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other
Total intangible assets
Investments and other assets
Total non-current assets
Total assets

3(Millions of yen)
As of September 30, 2022

13,071
8,964
1,950
83
532
2,927
1,217
△232
28,514

17,048
8,781
1,910
83
625
3,075
1,837
△208
33,154

12,3304,152
16,482

12,002
4,192
16,195

1,261
2,271
3,533
4,103
24,11952,634

1,362
2,357
3,719
4,840
24,75557,909(Millions of yen)
As of September 30, 2022

As of March 31, 2022

Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Lease liabilities
Accounts payable - other
Income taxes payable
Contract liabilitiesProvision for bonuses
Provision for point card certificates
Other

6,188
1,010
39
692
5,855
226
250
－

Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Provision for retirement benefits for directors (andother officers)
Asset retirement obligations
Deferred tax liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income

151
1,501

6,419
5,010
33
707
5,153
744
279
1
142
1,514

15,91420,005101
11,956

86
11,681

8

8

561
29
190

552
24
188

12,847

12,542

28,76232,5473,994
8,015
14,448△4,503

3,995
8,016
15,369△4,503

21,95422,879

16
160

35
759

177

795

Non-controlling interests

1,739

1,687

Total net assets

23,87225,361

52,63457,909Total liabilities and net assets4(2) Consolidated Statement of Income(Millions of yen)Six months ended
September 30, 2022

Six months ended
September 30, 2021
Net sales
Cost of sales

56,16728,59955,45028,523Gross profit

27,56826,926

Selling, general and administrative expenses

24,22125,254

Operating profit

3,347

1,672

00
8
13
3
12
1200
9
7
3
6
1450

40

20
858－92191

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

356125306

Ordinary profit

3,272

1,406

Profit before income taxes

3,272

1,406

Income taxes - current
Income taxes - deferred

1,014
141627△42Total income taxes

1,155584

Profit2,117

821

Loss attributable to non-controlling interests△38△70

Profit attributable to owners of parent

2,156

892

Total non-operating expenses

5

(3)

Consolidated Statement of Comprehensive Income(Millions of yen)Six months ended
September 30, 2022

Six months ended
September 30, 2021
ProfitOther comprehensive incomeValuation 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

2,117821

2193

20598

△1△1195617

Comprehensive income

2,312

1,439

2,351

1,510

△38

△70

Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to non-controllinginterests6