November 13, 2014

Summary of Financial Results
for the Six Months Ended September 30, 2014
2014
[Japanese GAAP]
Company name:
Oisix Inc.
Securities code:
3182
Representative:
Kohey Takashima, Representative Director, CEOContact:
Tetsuya Hasegawa, Director, CFO
Scheduled date of filing of Quarterly Report:
Scheduled date of payment of dividend:
Preparation of supplementary materials for quarterly financial results:
Holding of quarterly financial results meeting:Stock exchange listings: TSE Mothers
URL: http://www.oisix.com

November 14, 2014
NoneNone(All amounts are rounded down to the nearest million yen)

1. Financial Results for the Six Months Ended September 30, 20142014 (from April 1, 20142014 to September 30, 20142014)(1) Operating result(% of change from previous year)

Net sales

Operating income

Ordinary income

Net income

Million yen%

Million yen%

Million yen%

Million yen

%

8,366

13.4

89(75.7)

100(74.0)55(75.8)

7,375

7.5

368

19.7

386

23.1

230

19.7

Six months ended
September 30, 2014
Six months ended
September 30, 2013

Net income per share
Six months ended
September 30, 2014
Six months ended
September 30, 2013

Diluted net income
per share

Yen

Yen

9.63

8.77

42.07

36.03

(2) Financial Position
Total assets

Net assets

Equity ratio

Million yen

Million yen％

5,768
5,690

3,445
3,373

59.7
59.3

As of September 30, 2014
As of March 31, 2014
Reference: Shareholders’ equity (million yen)

As of Sep. 30, 2014: 3,445

As of Jun. 30, 2013: 3,373

2. Dividends
Dividend per share
1Q-endFiscal year ended March 31, 2014
Fiscal year ending March 31, 2015
Fiscal year ending March 31, 2015
(Forecast)

2Q-end3Q-endYear-end

TotalYen

Yen

Yen

Yen

Yen

――0.000.00―0.000.00

―

0.00

0.00

Note: Revisions to the most recently announced dividend forecast: None

3. Forecast for the Fiscal Year Ending March
March 31, 2015
2015 (from April 1, 20142014 to March 31, 20152015)(Percentages represent year-on-year changes)

Net salesFirst half

Full year

Operating income

Ordinary income

Net income
per share

Net income

Million yen%

Million yen%

Million yen%

Million yen%

Yen

8,274
18,30012.2
15.072750(80.5)
1.3

83775

(78.5)
0.050465(78.3)
6.4

8.3380.80

Note: Revisions to the most recently announced earnings forecast: None* Notes(1) Application of special accounting methods for presenting quarterly non-consolidated financial statements:

None(2) Changes in accounting policies and accounting-based estimates, and restatements
1) Changes in accounting policies due to revisions in accounting standards, others:None2) Changes in accounting policies other than 1) above:None3) Changes in accounting-based estimates:

None4) Restatements:

None(3) Number of shares outstanding (common shares)
1) Total number of shares issued at the end of the period (including treasury stock):
As of September 30, 2014
5,809,148 shares
As of March 31, 2014
5,749,400 shares2) Total number of shares of treasury stock at the end of the period:
As of September 30, 2014
― shares
As of March 31, 2014
― shares
3) Average number of shares during the period:
Six months ended September 30, 2014
5,800,562 shares
Six months ended September 30, 2013
5,481,826 shares* Information regarding the implementation of quarterly review proceduresThis quarterly financial report is outside the scope of quarterly review procedures under the Financial Instruments andExchange Act. At the time of disclosure, the review procedures for the quarterly consolidated financial statements havebeen completed.
* Explanation of the Proper Use of Financial Results 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 such forecasts, and actual results may differ significantly from these forecasts due to a wide range of factors.

Financial Statements(1) Balance Sheet(Thousands of yen)
As of

As of

March 31, 2014

September 30, 2014

AssetsCurrent assets
Cash and deposits

2,378,906

2,225,683

Accounts receivable-trade

1,506,509

1,603,895

253,500

280,781Work in process

5,088

6,088

Raw materials and supplies

9,747

15,476

Accounts receivable-other

221,153

271,223

Merchandise and finished goods

Other

125,700

122,830

Allowance for doubtful accounts(71,028)(71,118)

Total current assets

4,429,577

4,454,861

Property, plant and equipment

624,168599,090

Intangible assets

325,030

345,182

Investments and other assets

311,617369,4021,260,816

1,313,675

5,690,394

5,768,537

Accounts payable-trade

1,068,320

1,145,916

Accounts payable-other654,428

745,666

Income taxes payable

206,953

38,124

Provision for point card certificates

101,816

85,998

Other

192,905

225,960

2,224,424

2,241,667

Asset retirement obligations

60,40858,611Other

32,30522,708

Total noncurrent liabilities

92,71481,3192,317,139

2,322,987

Capital stock

857,397865,606

Capital surplus

612,162

620,365

Retained earnings

1,903,695

1,959,577

Total shareholders' equity

3,373,255

3,445,549

3,373,255

3,445,549

5,690,394

5,768,537

Noncurrent assets

Total noncurrent assets
Total assets
Liabilities
Current liabilities

Total current liabilities
Noncurrent liabilities

Total liabilities
Net assets
Shareholders' equity

Total net assets
Total liabilities and net assets

(2) Statement of Income(Thousands of yen)Six months ended

Six months ended

September 30, 2013

September 30, 2014

Net sales

7,375,938

8,366,232Cost of sales

3,809,514

4,387,857

Gross profit

3,566,424

3,978,374

Selling, general and administrative expenses

3,197,528

3,888,650

368,896

89,723

192

223

Compensation income

9,855

3,910

Other

7,424

8,152

Total Non-Operating Income

17,472

12,285Interest expenses

2620

Stock issuance cost

176

1,034

Other

74488

Total Non-Operating expenses

277

1,543

Ordinary income

386,091

100,465

Income before income taxes

386,091

100,465

Income taxes-current

173,750

31,836

Income taxes-deferred(18,263)

12,746

Total Income taxes

155,48644,583

Net Income

230,604

55,882

Operating income
Non-operating income
Interest income

Non-operating expenses