Translation
Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the event of any
discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Summary of Consolidated Financial Results
for the Three Months Ended June 30, 2022
(Based on Japanese GAAP)
August 10, 2022
Company name:
Origin Company, Limited
Stock exchange listing: Tokyo
Stock code:

6513

Representative:
Contact:

Kazuhiro Seo, President
Atsushi Akamatsu, Executive Officer and General Manager, Accounting Department

URL

https://www.origin.co.jp/

Phone:+81-48-755-9242

Scheduled date to file Quarterly Securities Report:
Scheduled date to commence dividend payments:

August 15, 2022–

Preparation of supplementary material on quarterly financial results:

No

Holding of quarterly financial results meeting:No(Amounts less than one million yen are rounded down)
1. Consolidated financial results for the three months ended June 30, 2022 (from April 1, 2022 to June 30, 2022)(1) Consolidated operating results (cumulative)
Net sales
Three months ended June 30, 2022
Three months ended June 30, 2021
Note: Comprehensive income

Millions of yen
8,896
6,775

Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
owners of parent% Millions of yen% Millions of yen% Millions of yen%
31.3
674 347.6
1,221 270.6
880
–
20.0
150–
329
–
52
–

Three months ended June 30, 2022

¥1,545 million [150.8%]

Three months ended June 30, 2021

¥616 million [–%]

Earnings per share

Diluted earnings per shareYen
142.37
8.54

Three months ended June 30, 2022
Three months ended June 30, 2021

Yen––(2) Consolidated financial position
Total assets
As of June 30, 2022
As of March 31, 2022
Reference: Equity

Net assets

Millions of yen
47,553
46,123As of June 30, 2022
As of March 31, 2022

Equity ratio

Millions of yen
27,05826,399

%
52.2
51.7

¥24,821 million¥23,865 million

2. Cash dividends
Annual dividends per share

Year ended March 31, 2022
Year ending March 31, 2023

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen
20.00

Yen–

Yen
45.00

Yen
65.00

20.00

–

20.00

40.00Year ending March 31, 2023 (Forecast)

Note: Revisions to the forecasts of cash dividends most recently announced: No1Total

3. Forecasts of consolidated financial results for the year ending March 31, 2023 (from April 1, 2022 to March 31, 2023)

Net sales

Full year

Millions of yen
30,000Percentages indicate year-on-year changes
Profit attributable toOperating profit
Ordinary profit
Earnings per shareowners of parent% Millions of yen% Millions of yen% Millions of yen%Yen-7.3
750 -64.8
1,300 -54.1
700 -67.9
113.79Note: Revisions to the financial result forecasts most recently announced: Yes
4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2022
(changes in specified subsidiaries resulting in the change in scope of consolidation):(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

NoNo(3) Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements
Changes in accounting policies due to revisions to accounting standards and other regulations:No

Changes in accounting policies due to other reasons:No

Changes in accounting estimates:
Restatement of prior period financial statements:

NoNo(4) Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares)
As of June 30, 2022

6,699,986 shares As of March 31, 2022

6,699,986 shares

562,158 shares As of March 31, 2022

491,565 shares

Number of treasury shares at the end of the period
As of June 30, 2022

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2022

6,182,514 shares Three months ended June 30, 2021

6,202,249 shares* Number of treasury shares excluded for calculating the number of treasury shares at the end of the period and average number of shares during
the period include the Company’s shares held by the trust account related to stock remuneration system (BBT=Board Benefit Trust).
* Quarterly financial results reports are exempt from quarterly review procedures conducted by certified public accountants or an audit
corporation.
* Proper use of forecasts of financial results, and other special matters(Caution concerning forward-looking statements)
The forward-looking statements, including the earnings forecasts, shown in this document are based on information currently available to theCompany and on certain assumptions deemed to be reasonable and actual results may differ substantially due to various factors.

2

Quarterly consolidated financial statements
Consolidated balance sheets(Millions of yen)
As of March 31, 2022

As of June 30, 2022

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade, and contract assets

9,811
9,536

9,659
10,002

Electronically recorded monetary claims - operating

2,011

2,102

Merchandise and finished goods
Work in process

1,658
4,285

1,911
4,540

Raw materials and supplies

2,309

2,507

Other

464647

Allowance for doubtful accounts

-19

-9

30,05831,362

Buildings and structures, net
Machinery, equipment and vehicles, net

3,654
963

3,724
933

Land
Construction in progress

4,748
20

4,748
47

522

520

9,908

9,973

456

449

5,089

5,185

Long-term loans receivable
Deferred tax assets

24214

27
173

Other
Allowance for doubtful accounts

417
-47

428
-47

Total investments and other assets

5,699

5,768

16,065

16,191

46,12347,553

Total current assets
Non-current assets
Property, plant and equipment

Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities

Total non-current assets
Total assets3

(Millions of yen)
As of March 31, 2022

As of June 30, 2022

Liabilities
Current liabilities
Notes and accounts payable - trade

3,538

3,514

Electronically recorded obligations - operating
Current portion of long-term borrowings

4,108
579

4,115574

Income taxes payable

287

304

Provision for bonuses
Provision for bonuses for directors (and other officers)

572
16

236
3

Unearned revenue

82

81

Provision for product compensation

132

132

Other

1,944

3,221

Total current liabilities

11,263

12,183

418

278

9

17

Retirement benefit liability
Asset retirement obligations

2,424
30

2,424
30

Long-term unearned revenue
Deferred tax liabilities
Other

5,423
51
103

5,404
56
101

Non-current liabilities
Long-term borrowings
Provision for share awards for directors (and otherofficers)

Total non-current liabilities
Total liabilities

8,460

8,312

19,724

20,495

6,103
3,454
12,3506,103
3,454
12,947

Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares

-846

-935

21,061

21,570

Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment

1,875
928

1,939
1,311

Total accumulated other comprehensive income

2,803

3,251

Total shareholders' equity

Non-controlling interests

2,533

2,236

Total net assets

26,39927,05846,12347,553

Total liabilities and net assets

4Consolidated statements of income (cumulative) and consolidated statements of comprehensive income(cumulative)
Consolidated statements of income (cumulative)(Millions of yen)Three months ended

Three months ended

June 30, 2021

June 30, 2022

Net sales
Cost of sales

6,775
5,077

8,896
6,525

Gross profit

1,698

2,371

Selling, general and administrative expenses

1,547

1,696

150

674

Non-operating income
Interest income

73

Dividend income

5965

Foreign exchange gains
Rental income

3631441
31

Operating profit

Share of profit of entities accounted for using equity method

41

Other

88

39

Total non-operating income

226583

2919

Other

36

25

Total non-operating expenses

48

36329

1,221

Gain on sale of non-current assets

00

Total extraordinary income

00

4

12

Non-operating expenses
Interest expenses
Rent cost

Ordinary profit
Extraordinary income

Extraordinary losses
Loss on retirement of non-current assets

412Profit before income taxes

Total extraordinary losses

325

1,209

Income taxes - current
Income taxes - deferred

197-12252
19

Total income taxes

185

272

Profit139937

Profit attributable to non-controlling interests

8656

Profit attributable to owners of parent

52880

5

Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2021
ProfitThree months ended
June 30, 2022
139

937

26
447

66
543

2-1

476

608

616

1,545

402

1,327

213

217

Other 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 incomeComprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

6