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 Nine Months Ended December 31, 2020
(Based on Japanese GAAP)
February 9, 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, General Manager, General Accounting DepartmentPhone:+81-48-755-9242
Scheduled date to file Quarterly Securities Report:
February 15, 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 nine months ended December 31, 2020 (from April 1, 2020 to December 31, 2020)(1) Consolidated operating results (cumulative)
Percentages indicate year-on-year changes
Profit attributable toNet sales
Operating profit
Ordinary profit
owners of parent
Millions of yen% Millions of yen% Millions of yen% Millions of yen%
Nine months ended December 31, 2020
17,911 -27.2-1,252–-1,019–-1,498–
Nine months ended December 31, 201924,607 -17.6
898 -63.9
1,060 -60.6
500 -70.9
Note: Comprehensive income Nine months ended December 31, 2020
Nine months ended December 31, 2019¥-1,397 million [–%]
¥708 million [-20.9%]

Earnings per share

Diluted earnings per share

Yen-238.75
77.97

Nine months ended December 31, 2020
Nine months ended December 31, 2019

Yen––

(2) Consolidated financial position
Total assets
As of December 31, 2020
As of March 31, 2020
Reference: EquityNet assets

Millions of yen
40,32244,400

As of December 31, 2020
As of March 31, 2020

Equity ratio

Millions of yen
22,69624,879

%
50.7
50.0

¥20,455 million¥22,208 million

2. Cash dividends
Annual dividends per share

Year ended March 31, 2020
Year ending March 31, 2021

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––Yen
20.00
7.00

Yen––Yen
20.00

Yen
40.00

14.00

21.00

Year ending March 31, 2021 (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, 2021 (from April 1, 2020 to March 31, 2021)
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
24,000 -26.2-2,200–-2,000–-2,500–-395.19
Note: Revisions to the financial result forecasts most recently announced: No
4. Notes(1) Changes in significant subsidiaries during the nine months ended December 31, 2020(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
No
Changes in accounting policies due to revisions to accounting standards and other regulations:No
Changes in accounting policies due to other reasons:
Changes in accounting estimates:
No
Restatement 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 December 31, 2020

6,699,986 shares As of March 31, 2020

6,699,986 shares

485,331 shares As of March 31, 2020

352,664 shares

Number of treasury shares at the end of the period
As of December 31, 2020

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Nine months ended December 31, 2020

6,278,088 shares Nine months ended December 31, 2019

6,414,078 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 auditcorporation.
* 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, 2020

As of December 31, 2020

AssetsCurrent assets
Cash and deposits
Notes and accounts receivable - trade

8,396
8,012

6,1237,000

Electronically recorded monetary claims - operating

1,950

1,892

Merchandise and finished goods
Work in process

1,598
3,269

1,685
3,444

Raw materials and supplies

1,807

1,593

Other
Allowance for doubtful accounts

1,692
-21

1,762
-29

Total current assets

26,704

23,472

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

4,216

3,946

Machinery, equipment and vehicles, net

1,275

1,207

Land

4,823

4,823

73
694

45
587

11,083

10,610

635

545

4,488
22

4,573
21

Deferred tax assets
Other

416
1,261197
1,115

Allowance for doubtful accounts-212-215

Construction in progress
Other, net
Total property, plant and equipment
Intangible assets
Investments and other assets
Investment securities
Long-term loans receivable

Total investments and other assets
Total non-current assets
Total assets

3

5,976

5,693

17,695

16,84944,40040,322

(Millions of yen)
As of March 31, 2020

As of December 31, 2020

Liabilities
Current liabilities
Notes and accounts payable - trade

2,576

2,216

Electronically recorded obligations - operating

3,606

3,090

Current portion of long-term borrowings
Income taxes payable

575
116

562
51

Provision for bonuses

546

201

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

1681–
81

Provision for loss on relocation

–62

Other

1,810

1,842

Total current liabilities

9,330

8,109

1,373

961

19

21

3,010

2,808

Non-current liabilities
Long-term borrowings
Provision for share-based remuneration for directors (andother officers)
Retirement benefit liability
Asset retirement obligations

2930

Long-term unearned revenue
Deferred tax liabilities

5,580
34

5,52152142

119

Other
Total non-current liabilities

10,1909,515

19,521

17,625

Share capital
Capital surplus

6,103
3,454

6,103
3,454

Retained earnings
Treasury shares

11,711-661

10,039-840

Total shareholders' equity

20,60818,757

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

1,318
281

1,521
177

Total accumulated other comprehensive income

1,599

1,698

Total liabilities
Net assets
Shareholders' equity

Non-controlling interests

2,671

2,241

Total net assets

24,87922,69644,40040,322

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)
Nine months ended

Nine months ended

December 31, 2019

December 31, 2020

Net sales
Cost of sales

24,607
17,98917,911
14,232Gross profit

6,617

3,679

Selling, general and administrative expenses

5,719

4,931

898

-1,252

Operating profit (loss)
Non-operating income
Interest income

6964

Dividend income
Rental income

112–11396

Share of profit of entities accounted for using equity method

11–

Other

176

149

Total non-operating income

369

422

Interest expenses

28

10Foreign exchange losses
Share of loss of entities accounted for using equity method
Provision of allowance for doubtful accounts for subsidiaries

6–

77
4

Non-operating expenses

and associates
Other

50

–

121

96

Total non-operating expenses

207

189

1,060-1,019

–
0259
1

Compensation income–

33

Total extraordinary income

0293

48–
34––

0555
–
64
205

Total extraordinary losses

46

331

Profit (loss) before income taxes

Ordinary profit (loss)
Extraordinary income
Gain on sales of investment securities
Gain on sales of non-current assets

Extraordinary losses
Loss on sales of non-current assets
Loss on retirement of non-current assets
Impairment loss
Product compensation expenses
Provision for loss on relocation
Extra retirement payments

1,014-1,057

Income taxes - current
Income taxes - deferred

296
66

237
140

Total income taxes

362

378

Profit (loss)

651-1,435

Profit attributable to non-controlling interests

151

63

Profit (loss) attributable to owners of parent500-1,498

5

Consolidated statements of comprehensive income (cumulative)(Millions of yen)
Nine months ended
December 31, 2019
Profit (loss)

Nine months ended
December 31, 2020
651

-1,435468-416

213
-174

5-1

57

37

708

-1,397664-1,400432

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-controllinginterests6