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, 2021
(Based on Japanese GAAP)
August 11, 2021
Company name:
Origin Company, Limited
Stock exchange listing: Tokyo
Stock code:6513
URL https://www.origin.co.jp/
Representative:
Kazuhiro Seo, President
Contact:
Atsushi Akamatsu, Executive Officer and General Manager, Accounting Department
Phone:+81-48-755-9242
Scheduled date to file Quarterly Securities Report:
August 13, 2021–
Scheduled date to commence dividend payments:
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, 2021 (from April 1, 2021 to June 30, 2021)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet salesOperating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Three months ended June 30, 2021
6,775
20.0
150–
329
–
52
–
Three months ended June 30, 2020
5,644 -32.7
-541
–-446
–
-764
–
Note: Comprehensive income

Three months ended June 30, 2021
Three months ended June 30, 2020

¥616 million [–%]¥-860 million [–%]

Earnings per share

Diluted earnings per share

Yen
8.54
-120.90Three months ended June 30, 2021
Three months ended June 30, 2020

Yen––(2) Consolidated financial position
Total assets
As of June 30, 2021
As of March 31, 2021
Reference: Equity

Net assets

Millions of yen
42,90040,893As of June 30, 2021
As of March 31, 2021

Equity ratio

Millions of yen
23,69323,565

%
50.1
51.8

¥21,495 million¥21,180 million

2. Cash dividends
Annual dividends per share

Year ended March 31, 2021
Year ending March 31, 2022

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
7.00

Yen–

Yen
14.00

Yen
21.00

20.00

–

20.00

40.00

Year ending March 31, 2022 (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, 2022 (from April 1, 2021 to March 31, 2022)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
Earnings per shareowners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%Yen
Full year
31,50021.5
800–
1,100–
600–
96.74
Note: Revisions to the financial result forecasts most recently announced: No
4. Notes(1) Changes in significant subsidiaries during the three months ended June 30, 2021
(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:
Yes
NoChanges in accounting policies due to other reasons:
Changes in accounting estimates:
NoRestatement of prior period financial statements:
No(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, 2021

6,699,986 shares As of March 31, 2021

6,699,986 shares

497,838 shares As of March 31, 2021

497,652 shares

Number of treasury shares at the end of the period
As of June 30, 2021

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2021

6,202,249 shares Three months ended June 30, 2020

6,326,139 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, 2021
AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade
Notes and accounts receivable - trade, and contract assets
Electronically recorded monetary claims - operating
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts

As of June 30, 2021

7,287
7,822
–
1,827
1,639
2,709
1,519
1,169
-30

7,980
–
7,491
1,965
1,620
3,049
1,726
2,216
-28

23,94326,022

3,873

3,833

Machinery, equipment and vehicles, net
LandConstruction in progress
Other, net

1,128
4,823
1555

1,079
4,823
7527

Total property, plant and equipment

10,382

10,271

510

494

4,986
22
150
1,109-212

5,032
22159
1,056
-158

Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net

Intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets

3

6,056

6,111

16,94916,87840,89342,900(Millions of yen)
As of March 31, 2021

As of June 30, 2021

Liabilities
Current liabilities
Notes and accounts payable - trade

2,233

2,487

Electronically recorded obligations - operating

3,265

3,062

Current portion of long-term borrowings
Income taxes payable

575
95571
122

Provision for bonuses

409

185

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

181–81

Provision for loss on relocation

37–

Provision for product compensation
Other

133
1,391

133
3,635

Total current liabilities

8,223

10,279

897

757

21

21

Retirement benefit liability

2,493

2,472

Asset retirement obligations
Long-term unearned revenue

30
5,502

30
5,482

53
106

61
101

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

Deferred tax liabilities
Other
Total non-current liabilities

9,104

8,926

17,32819,206

Shareholders' equity
Share capital

6,103

6,103

Capital surplus
Retained earnings
Treasury shares

3,454
10,382-857

3,454
10,347-857

Total shareholders' equity

19,082

19,048

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

1,805
292

1,831
615

Total accumulated other comprehensive income

2,097

2,446

Total liabilities
Net assets

Non-controlling interests

2,384

2,198

Total net assets

23,56523,69340,89342,900Total 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, 2020

June 30, 2021

Net sales
Cost of sales

5,644
4,539

6,775
5,077

Gross profit

1,105

1,698

Selling, general and administrative expenses

1,647

1,547

Operating profit (loss)

-541

150

Non-operating income
Interest income

157

Dividend income
Foreign exchange gains

58–

59
36

Rental income

32

31

Share of profit of entities accounted for using equity method

–

4

Other

41

88

Total non-operating income

146

226

Interest expenses
Foreign exchange losses
Share of loss of entities accounted for using equity method

3662–
–

Other

35

45

Non-operating expenses

Total non-operating expenses

52

48-446329

Gain on sale of non-current assets
Compensation income

1230–

Total extraordinary income

2400065

4––

Total extraordinary losses

66

4Profit (loss) before income taxes-489

325Income taxes - current
Income taxes - deferred

149
94

197
-12

Total income taxes

243

185

Profit (loss)

-732

139

Profit attributable to non-controlling interests

32

86

Profit (loss) attributable to owners of parent-764

52

Ordinary profit (loss)
Extraordinary income

Extraordinary losses
Loss on retirement of non-current assets
Loss on sale of non-current assets
Extra retirement payments

5Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2020
Profit (loss)
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 income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests

6

Three months ended
June 30, 2021-732

139

135-26226
447-02-127

476-860

616-800

402-59213