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Earnings briefing materials for 3Q of the fiscal year ending December 2021
November 08, 2021 at 01:18 am EST
Earnings briefing materials for 3Q
of the fiscal year ending December 2021
11/08/2021
Summary of FY12/2021.3Q
Sales Overview (YoY 104.4%; VS. Forecast 101.6%)
Domestic : Sustained strong sales, especially of insecticides & repellents and bath salts
Overseas : Challenging business climate in ASEAN, resulting from lockdowns associated with the COVID-19 pandemic
Operating Income Overview (YoY 113.3%; VS. Forecast 118.3%)
Gross Profit : Mix improved thanks to strong sales of high-margin products
SG&A Expenses : Within the forecast range, thanks to the execution of adequate controls, for items like marketing expenses
Posuted an extraordinary loss of 3.2 billion yen
•
Demolition of company dormitory
( Earth Corp. )
•
Reconstruction of distribution center
( Earth Pet )
© Earth Corporation All Rights Reserved.
2
FY12/2021.3Q Results Highlights
Sales and profit growth; Forecast target achieved
Exceeded past records to achieve the best performance ever as of the end of 3Q
(Unit: 0.1 billion JPY)
FY2020.3Q FY2021.3Q FY2021.3Q
(Realized) (Forecast) (Realized)
Sales
1,582
1,625
1,651
Gross
658.8
695.0
706.3
Profit
Operating
179.5
172.0
203.5
Income
Ordinary
180.9
175.0
208.1
Income
Net Income
119.7
115.7
138.3
owners of parent
attributable to
© Earth Corporation All Rights Reserved.
1,500
1,582
1,651
1,528
1,460
1,456
203.5
179.5
1,000
106.1
88.3
500
59.5
Sales
Operating
Income
0
2017
2018
2019
2020
2021
3
Quarterly Results
(Unit: 0.1 billion JPY)
Reformed the profit structure, allowing for the steady generation of profits
Gross profit margin continues to improve QoQ; SG&A expenses are contained to appropriate levels
1Q
2Q
3Q
4Q
Gross Profit
45.5%
44.8%
Gross
Gross Pr
ofit
42.2%
42.7%
44.2%
43.8%
38.0%
39.1%
38.6%
Profit
Margin
34.6%
32.8%
Cumul. YoY diff.
+ 47.4
305.5
298.2
285.8
Cumul. diff. vs.
191.9
198.5
217.8
181.1
191.0
190.3
forecast
130.7
123.0
+ 11.3
FY2020
FY2021
FY2021
FY2020
FY2021
FY2021
FY2020
FY2021
FY2021
FY2020
FY2021
FY2021
(Realized)
(Forecast)
(Realized)
(Realized)
(Forecast)
(Realized)
(Realized)
(Forecast)
(Realized)
(Realized)
(Forecast)
(Realized)
SG&A
SG&A
SG&A
30.9%
31.5%
27.9%
27.2%
29.3%
29.0%
34.0%
36.8%
34.9%
51.9%
49.3%
Margin
Cumul. YoY diff.
+ 23.4
Cumul. diff. vs.
177.2
196.5
193.1
161.8
180.0
172.4
196.1
185.0
forecast
140.3
146.5
137.3
- 20.2
FY2020
FY2021
FY2021
FY2020
FY2021
FY2021
FY2020
FY2021
FY2021
FY2020
FY2021
FY2021
(Realized)
(Forecast)
(Realized)
(Realized)
(Forecast)
(Realized)
(Realized)
(Forecast)
(Realized)
(Realized)
(Forecast)
(Realized)
© Earth Corporation All Rights Reserved.
4
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EARTH Chemical Co. Ltd. published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public , unedited and unaltered, on 08 November 2021 06:17:19 UTC .
Earth Repurchases 139,400 Shares in June
Jul. 03
MT
Tranche Update on Earth Corporation's Equity Buyback Plan announced on March 8, 2024.
Jul. 03
CI
Earth Buys Back Shares in May
Jun. 06
MT
Earth Corp. Issues 298 Million Yen Worth of Stocks as Compensation
Apr. 22
MT
Earth Corp. Skips Share Buyback in March
Apr. 04
MT
Tranche Update on Earth Corporation's Equity Buyback Plan announced on March 8, 2024.
Apr. 02
CI
Earth Corp Issues 298 Million Yen Worth of New Shares as Restricted Stock Compensation
Mar. 25
MT
Earth to Buy Back Up to 2 Billion Yen Shares; Shares Up 3%
Mar. 11
MT
Earth Corporation announces an Equity Buyback for 500,000 shares, representing 2.26% for ¥2,000 million.
Mar. 08
CI
Earth Corporation authorizes a Buyback Plan.
Mar. 07
CI
Earth Corporation Announces Dividend for the Year Ended December 31,2023, Payable on March 8, 2024
Feb. 13
CI
Earth Corporation Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023
Nov. 10
CI
Earth Corporation Provides Non-Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023
Nov. 10
CI
Earth Corporation Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023
Nov. 09
CI
Earth Corporation Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023
23-08-08
CI
Earth Corporation Provides Dividend Guidance for the Fiscal Year Ended December 31, 2023
23-08-08
CI
Transcript : Earth Corporation, Q2 2023 Earnings Call, Aug 08, 2023
23-08-08
Wellfield Technologies Inc. completed the acquisition of BOSONIC, Inc. from Earth Corporation for $2.415 million.
23-08-02
CI
Wellfield Technologies Inc. entered into an agreement to acquire 9.7% stake in BOSONIC, Inc. from Earth Corporation.
23-07-27
CI
Earth Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023
23-05-11
CI
Earth Corporation Provides Dividend Guidance for the Fiscal Year Ending December 31, 2023
23-05-11
CI
Earth Corporation Provides Earnings Guidance for the First Half and Fiscal Year Ending December 31, 2023
23-05-11
CI
Earth Completes Issuance of Restricted Stock Compensation
23-04-21
MT
Earth Corporation completed the acquisition of BARTH Business of TWO Inc.
23-02-28
CI
Earth Corporation Provides Consolidated Earnings Guidance for the Six Month Ending June 30, 2023 and Full Year Ending December 31, 2023
23-02-13
CI
Duration Auto. 2 months 3 months 6 months 9 months 1 year 2 years 5 years 10 years Max.
Period Day Week
More charts
Earth Corporation, formerly EARTH CHEMICAL CO., LTD. is a company mainly engaged in manufacturing and sales of insecticides and household products. The Company operates through two business segments. The Household Products segment is engaged in manufacturing, sales, import and export of household insecticides, garden products, pet supplies, household insecticides, including mouth washes, denture related supplies, tooth brushing products, bathing agents, deodorant fragrances. This segment also provides drugs for infectious disease control, agricultural and animal husbandry, as well as provision of raw materials for overseas. The Comprehensive Environmental Hygiene segment is engaged in provision of environmental hygiene services for food and medicine factories, and provision of related consulting services. The other business engages in environmental hygiene management work, including insect and rat control, cleaning and disinfection restaurants and office buildings.
More about the company
Last Close Price
4,935
JPY
Average target price
4,093
JPY
Spread / Average Target
-17.06%
Consensus
1st Jan change
Capi.
+7.88% 697M -21.07% 38.78B +8.22% 24.74B -4.72% 16.66B -20.40% 6.91B +1.19% 5.62B +5.12% 3.32B -1.57% 2.28B +2.60% 2.21B +20.22% 938M
Other Household Products
+951% of historical performance
More than 20 years at your side
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