February 10, 2021

Consolidated Financial Results
for the Nine months Ended December 31, 2020
[Japanese GAAP]
Company name:
Oisix ra daichi Inc.
Stock exchange listings: TSE
Securities code:
3182
URL: http://www.oisixradaichi.co.jp
Representative:
Kohey Takashima, Representative Director, CEOContact:
Daisaku Kadomae , General Manager ofAdministration Division
Scheduled date of filing of Quarterly Report:
February 12, 2021
Scheduled date of payment of dividend:
Preparation of supplementary materials for financial results:
Yes
Holding of quarterly financial results meeting:None(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for Nine Months ended December 31, 2020
(from April 1, 2020 to December 31, 2020)(1) Consolidated Operating Results
Nine months ended(% of change from previous year)

Net Sales

Operating Income

Million yen%

Million yen%

74,79052,425

42.7
7.2

6,131
1,597

283.8
△29.5

December 31, 2020
December 31, 2019 *2

Net Income
Attributable to Ownersof the Parent

EBITDA*1
Million yen%

Million yen%

7,198
2,381
3,752 million yen (493.6%)
632 million yen (△75.0%)

202.3
△17.4

3,900695460.4△72.5

Comprehensive income: 3rd Quarter of FY2020 (As of December 31, 2020)
3rd Quarter of FY2019 (As of December 31, 2019)(Note)*1. EBITDA stands for earnings before depreciation and amortisation.
*2. The results for the same period of the previous year (First nine-month period of fiscal year under review ending Mar 2020) include the sales
and profits/losses of ThreeLimes, Inc. (The Purple Carrot), which has been consolidating business figures since the 3Q of the previous year.

Nine months ended

Net Income perShareDecember 31, 2020
December 31, 2019

Diluted Net
Income per Share

Yen

Yen

103.1220.47

102.92
20.32(2) Consolidated Financial Position
Period ended

December 31, 2020
March 31, 2020

Total Assets

Shareholders’Equity Ratio

Net Assets

Million yen

Million yen%

41,71726,08723,304
14,19553.7
53.7

2. Dividends
Fiscal Year ended or ending

Dividend per Share
1Q

March 31,2020
March 31,2021

2Q

3Q

Year-end

Total

Yen

Yen

Yen

Yen

Yen

――

0.00

―

0.00

0.00

0.00

―

0.00

0.00

March 31,2021 (Forecast)(Note)
Revisions to the most recently announced forecast: None13. Forecast for the Fiscal Year Ending March 31, 2021 (from April 1, 2020 to March 31, 2021)(Percentages represent year-on-year changes)

Net Sales
Million yen

Full year

97,500Operating Income

EBITDANet Income
per Share

Net Income%Million yen%

Million yen%

Million yen%

Yen

37.2

6,500

163.5

8,000

122.5

4,000

406.2

105.76(Note)*1.Revisions to the most recently announced forecast: None

* Notes(1) Changes of important subsidiaries during the period(Changes of specific subsidiaries in accordance with changes in the scope of consolidation):(2) Adoption of specific accounting treatments to the preparation of consolidated quarterly
financial statements:

None
None

(3) Changes in accounting policies and accounting estimates, and restatements
1) Changes in accounting policies due to revisions in accounting standards:

None2) Changes in accounting policies other than 1) above:None3) Changes in accounting estimates:

None4) Restatements:

None(4) Number of shares issued (common shares)
1) Number of shares issued (including treasury stock):
As of December 31, 2020

37,998,716shares

As of March 31, 2020

34,324,116shares

2) Number of treasury stocks:
As of December 31, 2020

3,955shares

As of March 31, 2020

3,780shares

3) Number of average shares during the period:
Three months ended December 31, 2020

37,821,606shares

Three months ended December 31, 2019

33,996,061shares* This financial report is outside the scope of the audit by certified public accountants or auditing firms.
* Explanation of the proper use of forecast and other notes
The forward-looking statements herein are based on information available to the Company and certain assumptions deemedreasonable as of the date of publication of this document. They are not intended as the Company’s commitment to achieve suchforecasts, and actual results may differ significantly from these forecasts due to a wide range of factors.

2

Consolidated Financial Statements(1) Consolidated Balance Sheet(Millions of yen)
As of March 31, 2020
AssetsCurrent assets
Cash and deposits
Accounts receivable-trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Accounts receivable-other
Other-CA
Allowance for doubtful accounts
Current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
Other
Intangible assets
Investments and other assets
Non-current assets
Assets3

As of December 31, 2020

7,676
6,824
1,330
15265
1,989
379
△231
18,25016,753
10,650
1,897
65
405
3,004
446
△215
33,008

1,432

2,254

2,375
1,859
4,234
2,170
7,837
26,087

1,875
2,017
3,893
2,561
8,708
41,717

(Millions of yen)
As of March 31, 2020
Liabilities
Current liabilities
Accounts payable-trade
Current portion of long-term borrowings
Accounts payable-other
Income taxes payable
Provision for point card certificatesCL
Provision for bonuses
Other-CL
Current liabilities
Non-current liabilities
Long-term borrowings
Lease obligations
Provision for retirement benefits for
directors (and other officers)
Asset retirement obligations
Deferred tax liabilities
Other-NCL
Non-current liabilities
Liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Shareholders' equity
Valuation and translation adjustments
Valuation difference on available-forsale securities
Foreign currency translation adjustment
Valuation and translation adjustments
Non-controlling interests
Net assets
Liabilities and net assets

4

As of December 31, 2020

4,975
94,277
651

7,842
6
5,812
1,881

184

273－943
11,043

192
1,488
17,497

43
35

135
36

56322
138
302
848
11,891

324
114
297
914
18,412

1,691
5,705
6,687
△2
14,081

3,993
8,007
10,588△322,585△21△54△39△60
174
14,19526,087

△108
△162
881
23,304
41,717(2)Consolidated Statement of Income(Millions of yen)
Nine months ended
December 31, 2019

Net sales
Cost of sales
Gross profit (loss)
Selling, general and administrative expenses
Operating profit (loss)
Non-operating income
Interest income
Dividend income
Compensation income
Material recycling revenue
Recoveries of written off receivables
OtherNon-operating income
Non-operating expenses
Interest expenses
Share issuance costs
Foreign exchange losses
Share of loss of entities accounted forusing equity method
Other-NOE
Non-operating expenses
Ordinary profit (loss)
Extraordinary losses
Loss on disaster
Extraordinary losses
Profit (loss) before income taxes
Income taxes-current
Income taxes-deferred
Income taxes

5Nine months ended
December 31, 2020

52,42527,741
24,68323,086
1,597

74,79037,02637,764
31,632
6,131

00
93331
48

00
12
5102250

51
914
17
19

198

249

7
222
1,423

6307
5,874

54
54
1,368
436
236
673

－－
5,874
2,092
△732,019

(3)Consolidated Statement of Comprehensive Income(Millions of yen)
Nine months ended
December 31, 2019

Profit (loss)
Other comprehensive income
Valuation difference on available-forsale securities, net of tax
Foreign currency translation adjustment,
net of tax
Share of other comprehensive income ofentities accounted for using equity
methodOther comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable toowners of parent
Comprehensive income attributable to noncontrolling interests

6

Nine months ended
December 31, 2020
695

3,855

△00△60△69△1△33△63632

△102
3,752

632

3,797

△0△44