January 24, 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.+81-3-6867-1149)

Notice of problem occurred during the relocationof the new Oisix distribution center

Oisix ra daichi inc. (hereinafter "the Company") announces a problem that occurred during the relocation of the new distribution center "New ORD Ebina Station". As of today, our logistics operations remain unstable, , and we continue to experience delivery cancellations, delays and product shortages.sWe are working on recovery activities in order to resume normal operationsand complete the relocation assoon aspossible.

1. Date of occurrence

January 18, 2022 January 24, 2022

  • Ongoing

2. Place of occurrence

New ORD Ebina Station (Oisix distribution center)

3. Outline of Occurrence

The Company planned to move into a new distribution center to expandthe shipping capacity of our oisix business ahead of schedule in response to rapid growth in demand forfood delivery.

Therefore, we established a new distribution center in August 2021 in order to expand the shipping capacity of the Oisix business, andbegan preparing to relocate since November.

However, we carried out thisprocess for a large-scale relocation on January. 18, 2022,which resulted in defects in inventory movement and subsequent delays in logistics operations. As a result, It leads that there have been delivery cancellations, delays, and product shortages for customers fromJanuary 18 to today.The impact includes non-frozen products ofOisix and EC support (ISETAN DOOR and d-meal kit) that were scheduled to be shipped fromthe distribution center.

As of today, our logistics operations remain unstable, and we continue to experience delivery cancellations, delays and product shortages. We are working on recovery activities in order to resume normal operationsand complete the relocation as soon aspossible.

4. Future Outlook and Business Impact

This problemis expected to have an impact on ourbusiness performance, such asa lossof profit for the ordersthat were not delivered, but we are currently placing the highest priority on resuming normal deliveries, and are currently examining the impact on ourconsolidated businessperformance for the 2022/3.

The Company will promptly disclose when any matters that should be announced occurs.

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Disclaimer

Oisix.Daichi Inc. published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 08:03:01 UTC.