Notice: This document is an excerpt translation of the original Japanese document and is only for reference purposes. In the eventof any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

February 13, 2024

Consolidated Financial Results
for the Nine months Ended December 31, 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, General Manager of Administration Division
Scheduled date of filing of Quarterly Report:
February 14, 2024
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, 2023
(from April 1, 2023 to December 31, 2023)(1) Consolidated Operating Results

Nine months ended

December 31, 2023
December 31, 2022(% of change from previous year)

Net salesMillionyen
89,65687,475Operating profit

%
2.5
0.1

Million
yen
4,293
3,293

EBITDA*1

Millionyen
6,052
4,960%
30.4(33.9)

Comprehensive income: 3rd Quarter of 2024.3 (As of December 31, 2023)
3rd Quarter of 2023.3 (As of December 31, 2022)(Note)*1. EBITDA stands for earnings before depreciation and amortisation.

%
22.0(22.3)

Ordinary profit

Profitattributable toowners of theparent

Million
yen
4,777
3,073

Million
yen
3,015
1,942

%
55.4(39.1)%
55.2(41.0)

3,581 million yen (29.1%)
2,774 million yen (( 19.7%))

Nine months ended

Net Profit per Share

Diluted Net profit perShareYen

Yen

December 31, 2023
December 31, 2022

82.47
53.15

－－(2) Consolidated Financial Position
Period ended

Total Assets

December 31, 2023
March 31, 2023

Shareholders’Equity Ratio

Net Assets

Million yen

Million yen%

73,96664,502

29,732
26,14038.0
38.1(Reference)
Shareholders’ equity (million yen): 3rd Quarter of 2024.3 (As of December 31, 2023)
28,070million yen
End of 2023.3 (As of March 31, 2023)
24,597million yen

2. Dividends
Fiscal Year ended or ending

Dividend per Share
1Q

March 31,2023
March 31,2024

2Q

3Q

Year-endTotal

Yen

YenYenYen

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

Full year

Operating profit

Profit attributable toowners of the parent

EBITDANet Profitper Share

Million yen%

Million yen%

Million yen%

Million yen%

Yen

147,000

27.6

4,200

25.5

7,200

28.7

3,500

93.6

95.74

(Note)*1.Revisions to the most recently announced forecast: Yes* 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, 2023

38,028,092shares

As of March 31, 2023

38,028,092shares

2) Number of treasury stocks:
As of December 31, 2023

1,470,042shares

As of March 31, 2023

1,469,994shares

3) Number of average shares during the period:
Nine months ended December 31, 2023

36,558,065shares

Nine months ended December 31, 2022

36,555,203shares* 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

As of December 31, 2023

14,775
9,626
1,802
77
599
3,147
886
(234)

20,043
13,216
2,067
126
574
1,818
1,088
(303)

30,68038,631

11,641
4,758

11,111
5,650

16,39916,761

1,190
2,419

1,118
2,705

Total intangible assets

3,609

3,823

Investments and other assets
Investment securities
Other

11,4502,361

12,1392,610

13,812

14,75033,82135,33564,50273,966

Total current assets
Non-current assets
Property, plant and equipment
Leased assets, net
Other, net
Total property, plant and equipment
Intangible assets
Goodwill
Other

Total investments and other assets
Total non-current assets
Total assets3

(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 payableContract liabilities
Provision for point card certificates
OtherTotal current liabilities
Non-current liabilities
Long-term borrowings
Lease liabilities
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
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Total accumulated other comprehensive income

As of December 31, 2023

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

7,934
15,035
21
731
5,652
896
312
86
1,980

26,23132,64974
11,29359
10,764

9

10

554
21
176

557
18
173

12,130

11,58438,361

44,234

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

3,995
8,016
19,267(4,504)23,764

26,775

155
677

214
1,080

832

1,294

Non-controlling interests

1,542

1,661

Total net assets

26,14029,73264,50273,966

Total liabilities and net assets4(2) Consolidated Statement of Income and Comprehensive Income
Consolidated Statement of Income(Millions of yen)
Nine months ended
December 31, 2022

Nine months ended
December 31, 2023

Net sales
Cost of sales

87,47545,47189,65645,588Gross profit

42,00344,068Selling, general and administrative expenses

38,71039,775

Operating profit

3,293

4,293

04
120
415－

165

40
42386
29100

602

91
5101
11212－

Non-operating income
Interest income
Dividend income
Compensation income
Share of profit of entities accounted for using equity
methodGain on investments in investment partnerships
OtherTotal non-operating income
Non-operating expenses
Interest expenses
Foreign exchange losses
Share of loss of entities accounted for using equity
methodOther
Total non-operating expenses
Ordinary profit
Extraordinary income
Gain on sale of investment securities
Total extraordinary income
Extraordinary losses
Loss on valuation of investment securities
Total extraordinary losses

105319117

3,073

4,777－

6－

6－

7－

7

Profit before income taxes

3,073

4,776

Income taxes - current
Income taxes - deferred

1,241(117)1,465(12)Total income taxes1,123

1,452

Profit

1,949

3,324

Profit attributable to non-controlling interests
Profit attributable to owners of parent

57309

1,942

3,015

Consolidated Statement of Comprehensive Income(Millions of yen)
Nine months ended
December 31, 2022

Nine months ended
December 31, 2023

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

1,949

3,324

31785(165)402

720824257Comprehensive income

2,774

3,581

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

2,767

3,4777103

6

(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 nine months of the previous fiscal year (from April 1, 2022 to December 31,2022)
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 with
Customers
Net sales toexternal customers
Intersegmental
net sales andtransfers
Total
Segment profit(loss)

RadishBoya

PurpleCarrot

Total

Other
businesses

Adjustments

Amount on
Consolidated
Statementsof Income

44,946-

9,464-

12,892-

7,475-

67,303
7,475-

12,030665-

79,334
7,475
665

44,946

9,464

12,892

7,475

74,77912,696-87,47544,946

9,464

12,892

7,475

74,77912,696-87,475

-

--

30

30

934(964)-44,9469,464

12,892

7,505

74,80913,630(964)87,475

6,390

1,924

1,927(494)

9,747

1,230(7,685)

3,293

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 nine months of the current fiscal year (from April 1, 2023 to December 31,2023)
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

Otherbusinesses

Adjustments

Amount on
Consolidated
Statementsof Income

47,736-

8,746-

12,671-

6,860-

69,154
6,860-

13,192449-

82,3466,860
449

47,736

8,746

12,671

6,860

76,014

13,642-89,65647,736

8,746

12,671

6,860

76,014

13,642-89,656

-

-

-

27

27

1,256

(1,284)-47,736

8,746

12,671

6,888

76,042

14,898(1,284)89,656

6,892

1,860

1,912

(283)

10,382

1,664(7,753)

4,293

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