August 10, 2023

Consolidated Financial Results
for the Three months Ended June 30, 2023
[Japanese GAAP]
Company name:
Oisix ra daichi Inc.
Stock exchange listings: TSE
Securities code:
3182
URL: https://en.oisixradaichi.co.jp
Representative:
Kohey Takashima, Representative Director, CEOContact:
Shigeru Kumano, Corporate Planning Division Deputy General Manager
Scheduled date of filing of Quarterly Report:
August 14, 2023
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 Three Months ended June 30, 2023
(from April 1, 2023 to June 30, 2023)(1) Consolidated Operating Results
Three months
ended

Net Sales

Operating Profit

Million%yenJune 30, 2023
June 30, 2022(% of change from previous year)

29,26827,9014.9(0.0)

Million

EBITDA*1

Million%yen

1,101962

14.5(50.7)

Ordinary Profit%

yen

1,677
1,498

Net Income
Attributable toOwners of theParent12.0(35.3)

Million

1,189908

Million%

yen%

yen

31.0(53.2)

81758739.1(54.6)

Comprehensive income: 1st Quarter of 2024.3 (As of June 30, 2023)
905 million yen (15.0%)
1st Quarter of 2023.3 (As of June 30, 2022)
787 million yen ((46.2%))(Note)*1. EBITDA stands for Operating Profit before depreciation and amortization.

Three months ended

Net Income perShare

June 30, 2023
June 30, 2022

Diluted Net
Income per ShareYenYen

22.36
16.07

-(2) Consolidated Financial Position
Period ended

June 30, 2023
March 31, 2023

Total Assets

Shareholders’Equity Ratio

Net Assets

Million yen

Million yen%

64,84664,502

27,231
26,14039.3
38.1(Reference)
Shareholders’ equity (million yen): 1st Quarter of 2024.3 (As of June 30, 2023)
End of 2023.3 (As of March 31, 2023)

25,491million yen
24,597million yen

2. Dividends
Fiscal Year ended or ending

Dividend per Share
1Q

March 31,2023
March 31,2024

2Q

3Q

Year-end

Total

Yen

Yen

Yen

Yen

Yen

――

0.00

―

0.00

0.00

0.00

―

0.00

0.00

March 31,2024 (Forecast)(Note)
Revisions to the most recently announced forecast: None13. Forecast for the Fiscal Year Ending March 31, 2024 (from April 1, 2023 to March 31, 2024)(Percentages represent year-on-year changes)

Net Sales
Million yen

Full year

126,500

Operating Income

EBITDANet Incomeper ShareNet Income%Million yen%

Million yen%

Million yen%

Yen

9.8

6,000

79.3

8,000

43.0

3,800

110.2

103.94(Note)
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 June 30, 2023

38,028,092shares

As of March 31, 2023

38,028,092shares

2) Number of treasury stocks:
As of June 30, 2023

1,470,042shares

As of March 31, 2023

1,469,994shares

3) Number of average shares during the period:
Three months ended June 30, 2023

36,558,096shares

Three months ended June 30, 2022

36,549,142shares* 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 deemed
reasonable 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, 2023
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Accounts receivable - other
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Leased assets, net
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
OtherTotal intangible assets
Investments and other assets
Investment securities
OtherTotal investments and other assets
Total non-current assets
Total assets

3

As of June 30, 2023

14,775
9,626
1,802
77
599
3,147
886
(234)
30,68014,210
9,873
1,833
134
542
3,559
947
(258)
30,842

11,641
4,758
16,39911,480
4,765
16,246

1,190
2,419
3,609

1,131
2,505
3,636

11,4502,361
13,81233,82164,502

11,7962,324
14,12034,00464,846

(Millions of yen)

As of March 31, 2023

Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Lease liabilities
Accounts payable - other
Income taxes payable
Contract liabilities
Provision for bonuses
Provision for point card certificates
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
Provision for retirement benefits for directors(and other officers)
Asset retirement obligations
Deferred tax liabilities
Other
Total non-current liabilities
Total liabilities
Net assetsShareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity
Accumulated other comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Total accumulated other comprehensive
incomeNon-controlling interests
Total net assets
Total liabilities and net assets

4

As of June 30, 2023

6,309
10,060
27
705
5,914
831
397
－80
1,906
26,231

6,563
10,035
24
740
5,755
400
395
2
91
1,655
25,662

74
11,293

69
11,120

99554
21
176
12,13038,36155521175
11,952
37,615

3,995
8,016
16,255(4,503)23,764

3,995
8,016
17,073(4,504)
24,582

155

190

677

719

832

909

1,542
26,14064,502

1,739
27,231
64,846

(2) Consolidated Statement of Income and Comprehensive Income
Consolidated Statement of Income(Millions of yen)Three months ended
June 30, 2022
Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating profit
Non-operating income
Interest income
Dividend income
Compensation income
Share of profit of entities accounted for using
equity method
Gain on investments in investment partnerships
Other
Total non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Share of loss of entities accounted for using
equity method
Other
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of investment securities
Total extraordinary income
Profit before income taxes
Income taxes - current
Income taxes - deferred
Total income taxes
ProfitLoss attributable to non-controlling interests
Net Income Attributable to Owners of the Parent5

Three months ended
June 30, 2023

27,901
14,405
13,496
12,53496229,268
14,764
14,503
13,402
1,101

00
40
44－

65－
2126

32
22
128

27－

34
251－

180
908

340
1,189－
－
908
335
(4)
331
576
(10)
587

6
6
1,196
339
41
381
815
(2)
817

Consolidated Statement of Comprehensive Income(Millions of yen)Three months ended
June 30, 2022
ProfitOther comprehensive income
Valuation difference on available-for-salesecurities
Foreign currency translation adjustment
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive incomeComprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to noncontrolling interests

6

Three months ended
June 30, 2023

576

815

1344204

28(7)

17210
787

90905

798

895

(10)

9

(3) Notes to consolidated financial statements(Notes on Going Concern Assumption)
None(Notes on significant fluctuations in shareholders' equity capital)
None(Segment information, etc.)[Segment information]
I. First three months of the previous fiscal year (from April 1, 2022 to June 30, 2022)
Information on the amounts of net sales, profit or loss by reportable segment
Home Delivery Business
Daichi wo
Mamorukai

Oisix

Net Sales
JapanU.S.
Others
Revenue fromContracts withCustomers
Net sales toexternal customers
Intersegmental
net sales andtransfers
Total
Segment profit(loss)

RadishBoya

PurpleCarrot

Total

Other
businesses

Adjustments

Amount on
Consolidated
Statementsof Income

14,393
-

3,070
-

4,190
-

2,576
-

21,655
2,576
-

3,408
261

-

25,063
2,576
261

14,393

3,070

4,190

2,576

24,232

3,669-

27,901

14,393

3,070

4,190

2,576

24,232

3,669-

27,901

---

99300

(309)

-

14,393

3,070

4,190

2,586

24,241

3,969(309)27,901

1,953

624591(137)3,032

435(2,505)

962

Notes:
1. The "Other businesses" segment is a business segment not included in the reported segments and includes
the Solution business, Store business, International business (excluding Purple Carrot), Wholesale businessand others.
2. The main components of segment income in "Adjustments" are fixed personnel expenses and corporate
expenses, which are general and administrative expenses that do not belong to any business segment.
3. Adjustments were made to reconcile segment income to operating profit or loss presented in Consolidated
Statements of Income.

7II. First three months of the current fiscal year (from April 1, 2023 to June 30, 2023)
Information on the amounts of net sales, profit or loss by reportable segment
Home Delivery Business
Daichi wo
MamorukaiOisix

Net Sales
JapanU.S.
Others
Revenue fromContracts with
Customers
Net sales toexternal customers
Intersegmental
net sales andtransfers
Total
Segment profit(loss)

RadishBoyaPurple
CarrotTotal

Otherbusinesses

Adjustments

Amount onConsolidated
Statementsof Income

15,819
-

2,926
-

4,164
-

2,363
-

22,910
2,363
-

3,832
161

-

26,7432,363
161

15,819

2,926

4,164

2,363

25,273

3,994-

29,26815,819

2,926

4,164

2,363

25,273

3,994-

29,268

-

-

-

88

454

(462)

-

15,819

2,926

4,164

2,371

25,282

4,448(462)29,268

2,026

587

608

(45)

3,177

553

(2,628)

1,101

Notes:
1. The "Other businesses" segment is a business segment not included in the reported segments and includes
the Solution business, Wholesale for nursery business, International business (excluding Purple Carrot) andothers.
2. The main components of segment income in "Adjustments" are fixed personnel expenses and corporate
expenses, which are general and administrative expenses that do not belong to any business segment.
3. Adjustments were made to reconcile segment income to operating profit or loss presented in Consolidated
Statements of Income.
End8