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, 2024
(Based on Japanese GAAP)
August 13, 2024
Company name:
Origin Company, Limited
Stock exchange listing: Tokyo
Stock code:

6513

Representative:
Contact:

Hideki Inaba, President CEO
Atsushi Akamatsu, Managing Executive Officer, CFO and General Manager, Accounting Department.

URL

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

Phone:+81-48-755-9242

Scheduled date to commence dividend payments:
Preparation of supplementary material on financial results:–No

Holding of financial results meeting:No(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the three months ended June 30, 2024 (from April 1, 2024 to June 30, 2024)(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%Three months ended June 30, 2024
7,104
6.2
20–
269 342.2
19–
Three months ended June 30, 2023
6,688 -24.8-209–
60 -95.0-169–
Note: Comprehensive income Three months ended June 30, 2024

¥186 million [-73.3%]

Three months ended June 30, 2023

¥699 million [-54.7%]

Earnings per share

Diluted earnings per share

Yen
3.45
-28.85Three months ended June 30, 2024
Three months ended June 30, 2023

Yen––(2) Consolidated financial position
Total assets
Millions of yen
46,39647,568

As of June 30, 2024
As of March 31, 2024
Reference: Equity

Net assets

As of June 30, 2024
As of March 31, 2024

Equity ratio

Millions of yen
25,996
26,347

%
51.2
50.4

¥23,777 million¥23,950 million

2. Cash dividends
Annual dividends per share

Year ended March 31, 2024
Year ending March 31, 2025

1st quarter-end

2nd quarter-end

3rd quarter-end

Fiscal year-end

Yen––

Yen
15.00

Yen–

Yen
15.00

Yen
30.00

20.00

–

20.00

40.00

Year ending March 31, 2025 (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, 2025 (from April 1, 2024 to March 31, 2025)

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
6.4
350–
700–
200–
35.66

Note: Revisions to the financial result forecasts most recently announced: No
4. Notes(1) Significant changes in the scope of consolidation during the three months ended June 30, 2024:

No(2) Application of special accounting methods for preparing quarterly consolidated financial statements:

No(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:

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 June 30, 2024

6,699,986 shares As of March 31, 2024

6,699,986 shares

1,233,065 shares As of March 31, 2024

1,091,644 shares

Number of treasury shares at the end of the period
As of June 30, 2024

Average number of shares during the period (cumulative from the beginning of the fiscal year)
Three months ended June 30, 2024

5,540,419 shares Three months ended June 30, 2023

5,889,762 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).
* Review of the Japanese-language originals of the attached quarterly consolidated financial statements by certified public accountants or anaudit corporation: Yes (voluntary)* 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, 2024

As of June 30, 2024

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

9,903
7,006

9,039
6,905

Electronically recorded monetary claims - operating

3,342

2,679

Merchandise and finished goods
Work in process

1,678
3,918

1,699
3,683

Raw materials and supplies

2,715

2,861

Other

334

627

Allowance for doubtful accounts-11-1028,88727,486

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

3,479
976

3,476
952

Land
Construction in progress

4,747
47

4,747
477

577

571

9,828

10,225

420

432

7,892

7,694

Long-term loans receivable
Deferred tax assets

30
45

32
44

Other
Allowance for doubtful accounts

509
-47

528
-47

Total investments and other assets

8,431

8,252

18,68018,91047,56846,396

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, 2024

As of June 30, 2024

Liabilities
Current liabilities
Notes and accounts payable - trade

2,085

1,982

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

4,479
574

3,817
568

Income taxes payable

188

177

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

471
52044

Provision for product compensation

117

117

Provision for environmental measures

8–

Provision for demolition of non-current assets
Unearned revenue

45
81

–
81

Other

2,451

2,893

Total current liabilities

10,5099,848

Non-current liabilities
Long-term borrowings

1,840

1,702

18

18

Provision for environmental measures
Retirement benefit liability
Asset retirement obligations

766
1,975
30

766
2,019
30

Long-term unearned revenue
Deferred tax liabilities
Other

5,266
772
39

5,247
730
36

Total non-current liabilities

10,71010,551

21,22020,399Share capital
Capital surplus
Retained earnings
Treasury shares

6,103
3,454
10,637-1,6096,103
3,454
10,572-1,783

Total shareholders' equity

18,585

18,346

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

3,837
1,528

3,702
1,728

Total accumulated other comprehensive income

5,365

5,431

Provision for share awards for directors (and otherofficers)

Total liabilities
Net assets
Shareholders' equity

Non-controlling interests

2,396

2,219

Total net assets

26,34725,99647,56846,396

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, 2023

June 30, 2024

Net sales
Cost of sales

6,688
5,190

7,104
5,348

Gross profit

1,498

1,755

Selling, general and administrative expenses

1,707

1,735

Operating profit (loss)

-209

20

Non-operating income
Interest income

616

Dividend income

94100

Foreign exchange gains
Rental income153
3192
31Share of profit of entities accounted for using equity method–

2Other4545

Total non-operating income

331

288

0355–

Rent cost
Other

2222
31

Total non-operating expenses

6140

Ordinary profit

60

269

Extraordinary income
Gain on sale of non-current assets

2–

Total extraordinary income

2–06

Extra retirement payments

24–

Total extraordinary losses

24

6Profit before income taxes

38262

Income taxes - current
Income taxes - deferred

221-59183
24

Total income taxes

162

208

Profit (loss)

-124

54

Profit attributable to non-controlling interests

4535

Profit (loss) attributable to owners of parent

-169

19

Non-operating expenses
Interest expenses
Share of loss of entities accounted for using equity method

Extraordinary losses
Loss on retirement of non-current assets

5Consolidated statements of comprehensive income (cumulative)(Millions of yen)Three months ended
June 30, 2023
Profit (loss)

Three months ended
June 30, 2024
-124

54

652
163

-144
269

77823

132

699

186

601

85

98

101

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