Oisix Ra Daichi, Inc.TSE: 3182

FY2021/3 Financial Results

May 13, 2021 at 8:11 AM UTC · Issued by Oisix Ra Daichi, Inc.

May 13, 2021

Consolidated Financial Results

for the Fiscal year Ended March 31, 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, CEO

Contact:

Daisaku Kadomae , General Manager of Administration Division

Scheduled date of Ordinary General Meeting of Shareholders:

June 22, 2021

Scheduled date of payment of dividend:

Scheduled date of filing of Quarterly Report:

June 23, 2021

Preparation of supplementary materials for financial results:

Yes

Holding of quarterly financial results meeting:

Yes

(All amounts are rounded down to the nearest million yen)

1. Financial Results for the Fiscal Year Ended March 31, 2021

(from April 1, 2020 to March 31, 2021)

(1) Operating Results

(% of change from previous year)

Net Income

Fiscal Year Ended

Net Sales

Operating Income

EBITDA*1

Attributable to

Owners of

the Parent*3

Million yen

March 31, 2021

100,061

40.9

7,465

202.6

8,902

147.6

5,031

536.7

March 31, 2020*2

71,040

11.0

2,467

6.7

3,595

14.0

790

△66.9

1.Comprehensive income: Fiscal Year Ended (As of March 31, 2021)

4,901million yen(574.5%)

Fiscal Year Ended (As of March 31, 2020)

726million yen(△69.5%)

(Note)

*1. EBITDA stands for earnings before depreciation and amortisation.

*2. The results for the same period of the previous year 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.

Fiscal Year Ended	Net Income per	Diluted Net	Return	Return	Operating
Share	Income per Share	on Equity	on Assets	Income Margin

	Yen	Yen	%	%	%
March 31, 2021	133.75	133.52	30.4	21.9	7.5
March 31, 2020	23.19	23.03	6.0	7.5	3.5

(Reference)
Equity in earningus (losses) of affiliates (million yen):
Fiscal Year Ended (As of March 31, 2021)	△488	Fiscal Year Ended (As of March 31, 2020)	△659

(2) Financial Position

Fiscal Year Ended		Total Assets		Net Assets	Shareholders'	Net Assets
		Equity Ratio	per Share

		Million yen		Million yen	%	Yen
March 31, 2021		38,286		19,991	49.9	522.62
March 31, 2020		26,087		14,195	53.7	408.53
(Reference)
Shareholders' equity (million yen):
As of March 31, 2021 : 19,090	As of March 31, 2020 : 14,020

(3) Cash Flow

Fiscal Year Ended	Operating Activities	Investing Activities	Financing Activities	Cash and Cash
equivalents at end of year

	Million yen	Million yen	Million yen	Million yen
March 31, 2021	8,819	△2,780	1,894	15.552
March 31, 2020	1,080	△1,754	254	7,654

2. Dividends

		Dividend per Share		Amounts
Fiscal Year ended or ending						of	Dividend	Dividend
1Q	2Q	3Q	Year-end	Annual	Dividend	Ratio	on Equity

						(total)
	Yen	Yen	Yen	Yen	Yen	Million Yen	%	%
March 31,2020	―	0.00	―	0.00	0.00	―	―	―
March 31,2021	―	0.00	―	0.00	0.00	―	―	―
March 31,2022 (Forecast)	―	0.00	―	0.00	0.00		―

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	Operating Income	EBITDA	Net Income		Net Income
		per Share

	Million yen	%	Million yen	%	Million yen	%	Million yen	%	Yen
Full year	105,000	4.9	5,000	△33.0	6,500	△27.0	3,000	△40.4	82.13

(Note)

EBITDA stands for earnings before depreciation and amortisation.

Notes

(1) Significant changes in scope of consolidation

(Changes of specific subsidiaries in accordance with changes in the scope of consolidation):None

(2) Changes in accounting policies and accounting estimates, and restatements

1)	Changes in accounting policies due to revisions in accounting standards:	None
2)	Changes in accounting policies other than 1) above:	None
3)	Changes in accounting estimates:	None
4)	Restatements:	None

Number of shares issued (common shares)
1. Number of shares issued (including treasury stock):

		As of March 31, 2021	37,998,908shares
		As of March 31, 2020	34,324,116shares

2)	Number of treasury stocks:

		As of March 31, 2021	1,469,655shares
		As of March 31, 2020	3,780shares

3)	Number of average shares during the period:

		Fiscal year ended March 31, 2021	37,615,348shares
		Fiscal year ended March 31, 2020	34,075,643shares

(Reference)

1. Non-consolidated Financial Results for the Fiscal Year Ended March 31, 2021 (from April 1, 2020 to March 31, 2021)

(1) Operating Results													(% of change from previous year)
Fiscal Year Ended		Net Sales			Operating Income	Ordinary income	Net Income*2
	Million yen		%	Million yen		%	Million yen		%	Million yen		%
March 31, 2021		90,349		32.8		7,323		151.7	7,397		148.6	4,563		292.0
March 31, 2020		68,018		28.2		2,909		61.5	2,975		56.9	1,164		△47.9

Fiscal Year Ended	Net Income per			Diluted Net
	Share		Income per Share

			Yen				Yen
March 31, 2021		121.33				121.12
March 31, 2020		34.17				33.93
(2) Financial Position
Fiscal Year Ended		Total Assets				Net Assets	Shareholders'	Net Assets
				Equity Ratio		per Share

			Million yen				Million yen			%			Yen
March 31, 2021		35,276				19,271			54.6			527.56
March 31, 2020		24,987				14,582			58.4			424.90
(Reference)
Shareholders' equity(million yen)	As of March 31, 2021 : 19,271	As of March 31, 2020 : 14,582

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 such forecasts, and actual results may differ significantly from these forecasts due to a wide range of factors.

Consolidated Financial Statements

(1) Consolidated Balance Sheet

			(Millions of yen)

		As of March 31, 2020	As of March 31, 2021

Assets
Current assets

Cash and deposits		7,676	15,580
Accounts receivable - trade	6,824	8,485

Merchandise and finished goods		1,330	1,730
Work in process	15	85

Raw materials and supplies		265	422
Accounts receivable - other	1,989	2,789

Other		379	337
Allowance for doubtful accounts		△231	△205

Total current assets		18,250	29,226
Non-current assets

Property, plant and equipment
Buildings and structures	1,288	1,333

Accumulated depreciation		△608	△683
Buildings and structures, net		680	650

Machinery, equipment and vehicles		1,046	1,125
Accumulated depreciation		△504	△619

Machinery, equipment and vehicles, net		542	506
Leased assets		510	500
Accumulated depreciation		△471	△457
Leased assets, net		39	43

Other		412	1,310
Accumulated depreciation		△242	△276

Other, net		170	1,034
Total property, plant and equipment		1,432	2,234

Intangible assets
Goodwill	2,375	1,698

Other		1,859	2,064
Total intangible assets		4,234	3,763

Investments and other assets
Investment securities		※１833	※１1,217

Leasehold and guarantee deposits		※２798	※２943
Deferred tax assets	438	813

Other		100	87
Total investments and other assets		2,170	3,062

Total non-current assets		7,837	9,059
Total assets		26,087	38,286

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