November 13, 2017

Consolidated Financial Results
for the Six months Ended September 30, 20172017
[Japanese GAAP]
Company name:
Oisix.daichi Inc.
Securities code:
3182
Representative:
Kohey Takashima, Representative Director, CEOContact:
Hajime Yamanaka, Corporate Officer, Administration
Scheduled date of filing of Quarterly Report:
Scheduled date of payment of dividend:
Preparation of supplementary materials for financial results:
Holding of quarterly financial results meeting:Stock exchange listings: TSE Mothers
URL: http://www.oisixdotdaichi.co.jp

November 14 2017
YesYes(All amounts are rounded down to the nearest million yen)

1. Consolidated Financial Results for Six Months ended
ended September 30,30, 2017
2017(from April 1, 20172017 to September 30, 20172017)17)(1) Consolidated Operating Results(% of change from previous year)

Six months ended

Net Sales

September 30, 2017
September 30, 2016

Operating Income

Net Income
Attributable toOwners ofthe Parent

EBITDA

Million yen%

Million yen%

Million yen%

Million yen%

18,935
10,71876.7―

237270△12.3―

635391

62.5―

93187

△50.2―(Note)
Comprehensive income: 2ndQuarter of FY2017(As of September 30, 2017)
2ndQuarter of FY2016(As of September 30, 2016)

93 million yen(△50.0%)
187 million yen(―%)

Diluted Net
Income perShareSix months ended

Net Income perShare
Yen

Yen

September 30, 2017
September 30, 2016

11.68
31.94

11.41
30.54

(Note）The percentage of change from previous year in the prior period have not been disclosed as the quarterly consolidated financial
statements have been prepared from the current period.
EBITDA stands for earnings before depreciation and amortisation.

(2) Consolidated Financial Position
Period ended

Total Assets

September 30, 2017
March 31, 2017
(Reference)
Shareholders’ equity(million yen)

Shareholders’Equity Ratio

Net Assets

Million yen

Million yen%

15,456
15,051

9,266
9,147

59.9
60.8

As of September 30, 2017 : 9,264

As of March 31, 2017 : 9,146

2. Dividends
Fiscal Year ended or ending
March 31,2017
March 31,2018
March 31,2018 (Forecast)

Dividend per Share
1Q

2Q

3Q

Year-end

TotalYen

Yen

Yen

Yen

Yen

――

0.00
0.00
0.00

―

0.00

0.00

―

0.00

0.00

(Note)Revisions to the most recently announced dividend forecast: None13. Forecast for the Fiscal Year Ending March
March 31, 20182018 (from April 1, 20172017 to March 31, 20182018)(Percentages represent year-on-year changes)

Net Sales
Million yen

Full year

38,000Operating Income

EBITDANet Incomeper ShareNet Income%Million yen%

Million yen%

Million yen%

Yen

65.1670△11.01,390

39.5390△24.349.13(Note)
Revisions to the most recently announced forecast: None
EBITDA stands for earnings before depreciation and amortisation.

* Notes(1) Changes of important subsidiaries during the period(Changes of specific subsidiaries in accordance with changes in the scope of consolidatoin):(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 September 30, 2017
8,013,289
As of March 31, 2017
7,937,989
2) Number of treasury stocks:
As of September 30, 2017549
As of March 31, 2017―3) Number of average shares during the period:
Six months ended September 30, 2017
8,000,875
Six months ended September 30, 2016
5,872,557

sharessharessharessharessharesshares* This financial report is outside the scope of the audit.

* 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 deemed reasonable as of the date of publication of this document. They are not intended as theCompany’s commitment to achieve such forecasts, and actual results may differ significantly from these forecasts
due to a wide range of factors.

2

Consolidated Financial Statements(1) Consolidated Balance Sheet(Thousands of yen)
As of March 31, 2017

As of September 30, 2017

AssetsCurrent assets
Cash and deposits
Accounts receivable-trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Accounts receivable-other
OthersAllowance for doubtful accounts
Total current assetsNoncurrent assets
Property, plant and equipment

5,247,897
3,124,366
699,964
7,657
83,4081,354,023
288,105△117,580
10,687,842

5,405,807
3,168,872
811,101
6,078
124,862
1,406,686
267,962△123,796
11,067,575

785,210713,341

1,842,319
793,230
2,635,549
942,568
4,363,328
15,051,170

1,696,795
815,447
2,512,242
1,163,837
4,389,421
15,456,997

Intangible assets
Goodwill
OthersTotal intangible assets
Investments and other assets
Total noncurrent assets
Total assets3

(Thousands of yen)
As of March 31,
2017

As of September 30,
2017

Liabilities
Current liabilities
Accounts payable-trade
Short-term loans payable
Accounts payable-other
Income taxes payable
Provision for bonuses
Provision for points certificates
Provision for loss on physical store
Asset retirement obligations
OthersTotal current liabilities

2,632,567
6,012
1,925,973
198,804
69,876
100,922
10,12546,819342,459
5,333,560

2,818,156
6,012
2,084,463
92,950690
117,155―
51,540644,4885,815,456

47,3082,100
18,809106,172
395,441
569,8325,903,392

44,3022,700
24,802
72,799230,548
375,152
6,190,609

929,948
4,944,329
3,272,882―
9,147,160

943,034
4,957,413
3,366,355△1,2029,265,600

△835
△835
1,453
9,147,778
15,051,170

△838
△838
1,625
9,266,388
15,456,997

Noncurrent liabilities
Long-term loans
Provision for directors' retirement benefits
Retirement benefit liabilities
Asset retirement obligations
OthersTotal noncurrent liabilities
Total liabilities
Net assets
Shareholders' equity
Capital stock
Capital surplus
Retained earnings
Treasury stocks
Total shareholders' equity
Accumulated other comprehensive income
Foreign currency translation adjustments
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets4(2) Consolidated Statement of Income(Thousands of yen)
Period ended
September 30, 2016
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income

Period ended
September 30, 2017

10,718,286
5,463,310
5,254,975
4,984,082
270,893

18,935,900
10,090,709
8,845,190
8,607,638
237,551

19
4,230
3,008
1,925
7,233
16,416

211
4,452
3,625
―
20,961
29,251

11
730
984
―
9
1,736
285,573

142
428
1,320
1,274
4,076
7,242
259,560――
285,573
95,424
2,412
97,837
187,735
138
187,596

92,222
92,222
167,337
53,86519,82673,691
93,645172
93,473Non-operating income
Interest income
Dividend received
Compensation income
Income on equity method investments
OthersTotal non-operating income
Non-operating expenses
Interest expenses
Stock issuance cost
Foreign exchange losses
Equity in losses of affiliates
OthersTotal non-operating expenses
Ordinary income
Extraordinary loss
Retirement benefit plan amendments loss
Total extraordinary loss
Income before income taxes
Income taxes-current
Income taxes-deferred
Total income taxes
Net income
Net income attributable to non-controlling interests
Net income attributable to owners of the parent

5

(3) Consolidated Statement of Comprehensive Income
Period ended
September 30, 2016
Net income(Thousands of yen)
Period ended
September 30, 2017

187,735

93,645△584△584
187,151△3△393,642

187,012138

93,469172

Other comprehensive income
Foreign currency translation adjustments
Total other comprehensive income
Comprehensive income
Total comprehensive income attributable toOwners of the parent
Non-controlling intetests

6

（4）Consolidated Statement of Cash Flow(Thousands of yen)
Period ended
Period ended
September 30, 2016 September 30, 2017
Cash flows from operating activities
Income before income taxes
Depreciation
Retirement benefit plan amendments loss
Amortization on goodwill
Increase (decrease) in allowance for doubtful accounts
Increase (decrease) in allowance for bonuses
Interest income and devidend received
Interest expense
Foreign currency exchange (gain) or loss
Income on equity method investments(Increase) decrease in accounts receivable(Increase) decrease in inventories
Increase (decrease) in accounts payable
Increase (decrease) in accrued expenses
OtherSubtotal
Interest and dividend received
Interest paid
Income taxes paid
Net cash provided by operating activities

223,633

167,337
204,474
92,222
193,705
6,215△69,186△4,502142
2
1,274△44,506△151,012
185,589
173,355
82,857
837,972
3,587△142△137,469
703,947△30,515△130,210△13,170―△69,074―△3,263△246,234△13,524△131,503―△34,990△12,367△349,464△7,962△549,812―
30,679―430,683△843△18,006
25,742△1,202△3,253
3,280

285,573
102,475―
17,755
4,999―△4,24911259△1,925△44,885△29,178
33,3569,515
2,459
376,168
3,383△11△155,906

Cash flows from investing activities
Purchase of property, plant and equipment
Purchase of intangible assets
Payments for acquisition of investments
Payments for acquisition of affiliates
Decrease from acquisition of control over subsidiaries
Payments for lease deposits and guarantee deposits
Other
Net cash used in investing activities
Cash flows from financing activities
Repayment of long-term loans payable
Proceeds from stock issuance
Purchase of treasury stock
Other
Net cash provided by financing activities
Effect of exchange rate changes on cash and cash equivalents
Increase (decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year

77,2382,724,898
2,732,137△6157,409
5,209,396
5,366,806