Oisix ra daichi : Notice of Results Forecast Revisions

	February 10, 2022
Company:	Oisix ra daichi Inc.
Representative: Kohey Takashima
	Representative Director, President
	(Securities Code: 3182, TSE)
Inquiries:	Kohei Matsumoto
	Director,

General Manager of Corprate planning Division (TEL.[phone])

Notice of Results Forecast Revisions

Oisix ra daichi inc. (hereinafter the "Company") announces that it has revised its consolidated earnings forecast for the fiscal year ending March 31, 2022 (April 1st, 2021 to March 31, 2022) announced on May 13, 2021 in light of recent performance trends.

1. Results Forecast Revisions

Forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2022 (April 1st, 2021 to March 31, 2022)

		Net sale	Operating	EBITDA	Profit attributable to	Net income per
			income		owners of parent	share *1
		Million yen	Million yen	Million yen	Million yen	Yen
	Previously announced	105,000	5,000	6,500	3,000	82.13
	forecast (A)
	Revised forecast (B)	113, 000	3,500-4,000	5,500-6,000	2,500	68.41
	Change (B-A)	8,000	△1,000-△1,500	△500-△1,000	△500
	Rate of changes（％）	7.6	△20.0-△30.0	△7.7-△15.4	△16.7
	(Reference)
	Results for the previous fiscal	100,061	7,465	8,902	5,031	133.75
	year (Fiscal year ended March
31, 2021)

*1) Net income per share is calculated from the average number of shares during the period as of the end of the 3Q.

2. Reasons for revision of forecast

Regarding the forecast of Consolidated Financial Results for the Fiscal Year Ending March 31, 2022, announced on May 13, 2021, the company have assumed that the spread of the COVID-19 infection will gradually converge.

However, the first three quarters of the fiscal year under review, the demand for food delivery services has continued to increase from the previous forecast because of the outbreak of the third wave of COVID-19 infectious.

Regarding our business, the number of subscribers and ARPU (Average Monthly Revenue Per User) of the home delivery businesseare increased due to the impact of increased the demand. As a result, the sales are expected to exceed the previously announced forecast.

Further, the profits are also expected to exceed the previously announced forecast due to the increasedsales, and improveddistribution and delivery cost efficiency by increased ARPU.

On the other hand, in terms of profits, profits are expected to be lower than the previously announced forecast due to the loss of profits from the " problem occurred during the relocation of the new Oisix distribution center" announced on January 24, 2022 espite the increase in sales.

The new distribution center resumed deliveries without delay from January 25th, 2022.

(Note) The forecast figures described in this material are based on the information available at this time. The actual business results may differ from the forecast figures due to various factors.