Oisix ra daichi : FY2022/3 1Q Results Explanatory Materials
August 12, 2021 at 02:11 am EDT
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2022/3 Q1 Results Explanatory Materials
Oisix ra daichi 2021.8.12
Farm for Tomorrow, Table for Tomorrow
We provide services that enable a better food life for more people.
We evolve continuously where good farmers are rewarded and proud.
We realize a society that deliver a sustainable framework that links farm and table.
We solve social issues related to food through business approaches.
We create and expand Tomorrow's Food.
Table of Contents
1. 2022/3 Q1 Achievements
1-1. Consolidated Financial Results
1-2. Results on Business segment
Promotion of "Sustainable retail"
2-1. Zero food waste
2-2. Food Tech
Other ESG topics
APPENDIX・DATA SHEET
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1-1. Consolidated Financial Results
Exective summary
-2022/3 Q1 Results
Sales
Led by Oisix, sales saw solid growth increasing +21%
◆Domestic Delivery business（Three major brands）
subscribers：Led by Oisix, spring promotions performed strongly.
Total subscrbers for the three brands grew by about 27 thousand QoQ.
ARPU：Remained high relative to initial forecasts. Whilst there was a YoY decline, the impact of COVID-19's resurgence needs to be considered.
◆Other Business
Whilst subscription growth has stabilized at Purple Carrot (U.S.), sales grew roughly 70% YoY. EC support services and SinS/nursery school wholesale also saw solid business expansion.
EBITDA
EBITDA exceeded initial forecasts owing to solid sales growth led by Oisix and Purple Carrot (U.S.).
EBITDA exceeded initial forecasts on the back of steady subscription/ ARPU growth and higher sales.
EBITDA decreased YoY due to the irregular year in which sales increased while new acquisitions were not possible due to Oisix logistics capacity restrictions.
On the back of a strong spring promotion campaign this term, Oisix implemented new PR investments as initially planned.
Net income
Non-operating income improved reflecting a profit turnaround at Welcome (DEAN & DELUCA, affiriate). Quarterly net income increased roughly +9%
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Oisix.Daichi Inc. published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2021 06:10:06 UTC.
Oisix Ra Daichi Inc is a Japan-based company that receives orders from customers through websites and catalogs, and delivers high-value-added foods such as fruits and vegetables, processed foods, and meal kits, as well as daily necessities and miscellaneous goods. The Company operates through four segments. The segments include home delivery business (Oisix), home delivery business (Daichi wo Mamoru Kai), home delivery business (Radish Boya), and home delivery business (Purple Carrot). The main business is the home delivery business, with business activities aimed at providing services to enjoy a good diet under the Oisix, Daichi wo Mamoru Kai, Radish Boya, and Purple Carrot brands. In addition, it is also engaged in solution business, store business, overseas home delivery business, and wholesale business.
OISIX RA DAICHI INC. 
