August 12, 2021

Consolidated Financial Results
for the Three months Ended June 30, 2021
[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 of Administration Division
Scheduled date of filing of Quarterly Report:
August 13, 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 Three Months ended June 30, 2021
(from April 1, 2021 to June 30, 2021)(1) Consolidated Operating Results
Three months ended

June 30, 2021
June 30, 2020 *2(% of change from previous year)

Net Sales

Operating Income

Net Income
Attributable to Ownersof the Parent*3

EBITDA*1

Million yen%

Million yen%

Million yen%

Million yen%

27,911
23,132

20.7
42.2

1,950
2,076

△6.1
282.3

2,316
2,419

△4.2
220.3

1,293
1,184

9.3
337.9

Comprehensive income: 1st Quarter of FY2021 (As of June 30, 2021)
1,464 million yen (30.5%)
1st Quarter of FY2020 (As of June 30, 2020)
1,121 million yen (366.3%)(Note)*1. EBITDA stands for earnings before depreciation and amortisation.
*2. Operating income for the 1Q of the previous fiscal year under review has increased exceptionally. This is because the rapid increase in demandfor home delivery accompanying the spread of COVID-19 has caused excess shipping capacity for Oisix brands, and we temporarily suspended
the acquisition of new customers, prioritizing existing subscribers, resulting in promotional expenses decrease significantly.

Three months ended

Net Income perShare

June 30, 2021
June 30, 2020

Diluted Net
Income per Share

Yen

Yen

35.41
31.60

35.38
31.47

(2) Consolidated Financial Position
Period ended

June 30, 2021
March 31, 2021

Total Assets

Shareholders’Equity Ratio

Net Assets

Million yen

Million yen%

37,52538,36021,461
19,99154.8
49.8

2. Dividends
Fiscal Year ended or ending

Dividend per Share
1Q

March 31,2021
March 31,2022

2Q

3Q

Year-end

TotalYen

Yen

Yen

Yen

Yen――0.00―0.000.000.00

―0.00

0.00

March 31,2022 (Forecast)(Note)
Revisions to the most recently announced forecast: None13. Forecast for the Fiscal Year Ending March 31, 2022 (from April 1, 2021 to March 31, 2022)(Percentages represent year-on-year changes)

Net Sales
Million yen

Full year

105,000

Operating Income

EBITDA%

Million yen%

4.95,000△33.0

Million yen

6,500

Net Incomeper ShareNet Income%Million yen%

Yen

△27.0

3,000

△40.4

82.13(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:

Yes2) 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, 2021

38,014,492shares

As of March 31, 2021

37,998,908shares

2) Number of treasury stocks:
As of June 30, 2021

1,469,655shares

As of March 31, 2021

1,469,655shares

3) Number of average shares during the period:
Three months ended June 30, 2021

36,536,119shares

Three months ended June 30, 2020

37,475,279shares* 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 notesThe 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, 2021
AssetsCurrent assets
Cash and deposits
Accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and suppliesAccounts receivable - other
Other
Allowance for doubtful accounts

As of June 30, 2021

15,580
8,485
1,730
85
422
2,789
412
△205

13,122
8,888
1,739
104
505
3,089
477
△221

29,301

27,705

2,234

3,004

1,698
2,064

1,641
2,147

Total intangible assets

3,763

3,789

Investments and other assets

3,062

3,025

Total non-current assets

9,059

9,819

38,36037,525

Total current assets
Non-current assets
Property, plant and equipment
Intangible assets
Goodwill
OtherTotal assets3

(Millions of yen)
As of March 31, 2021Liabilities
Current liabilities
Accounts payable - trade
Short-term borrowings
Current portion of long-term borrowings
Lease obligations
Accounts payable - other
Income taxes payable
Provision for point card certificates
Other
Total current liabilities
Non-current liabilities
Long-term borrowings
Lease obligations
Provision for retirement benefits for directors (andother officers)
Asset retirement obligations
Deferred tax liabilities
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders' equity
Share capital
Capital surplus
Retained earnings
Treasury shares
Total shareholders' equity

As of June 30, 2021

6,173
1,040
925
6,178
2,292
279
1,541

6,613
1,000
38
25
5,420
594
61
1,473

17,54015,227

245
30
6251
27
7325
13206

325
19205

828

835

18,36916,063

3,993
8,014
11,718△4,502

3,994
8,015
13,014△4,502

19,223

20,521

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

25
△158

1341

Total accumulated other comprehensive income△13355

Non-controlling interests
Total net assetsTotal liabilities and net assets

4900

884

19,991

21,46138,36037,525

(2) Consolidated Statement of Income(Millions of yen)Three months ended
June 30, 2020Three months ended
June 30, 2021

Net sales
Cost of sales※23,132
11,552※27,911
14,171Gross profit

11,57913,739Selling, general and administrative expenses

9,503

11,789Operating profit

2,076

1,950

003－
13
60
0
3
9
1
2
5

15

22

4
17
4
221－
4
23

Non-operating income
Interest income
Dividend income
Compensation income
Subsidy income
Material recycling revenue
Recoveries of written off receivables
Other
Total non-operating income
Non-operating expenses
Interest expenses
Share issuance costs
Foreign exchange losses
Share of loss of entities accounted for using equity
methodOther422251

34

Ordinary profit

1,840

1,938

Profit before income taxes

1,840

1,938

Income taxes - current
Income taxes - deferred676△12468
194

Total non-operating expenses

Total income taxes
ProfitLoss attributable to non-controlling interests
Profit attributable to owners of parent

5663

662

1,176

1,276

△7△171,184

1,293

(3)

Consolidated Statement of Comprehensive Income(Millions of yen)Three months ended
June 30, 2020Three months ended
June 30, 2021

ProfitOther 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

1,176

1,276

0
△45
△8△10△54188

Comprehensive income

1,121

1,464

1,129

1,482

△7△17

Comprehensive income attributable toComprehensive income attributable to owners ofparent
Comprehensive income attributable to non-controllinginterests

6200△1