Slide 1: Earnings Briefing Materials for 1Q of the Fiscal Year Ending December 2026
Earnings Briefing Materials for 1Q of the Fiscal Year Ending December 2026 May 13, 2026
Slide 2: Executive Summary
Executive Summary Sales ：47.91 B Yen（vs. forecast : +2.2% +1.01 B yen） Operating Income ： 6.33 B yen（vs. forecast : +27.3% +1.35 B yen） • Sales • Domestic Insecticides & Repellents: Both shipments and sell-through remained strong, driven primarily by new products. • Domestic Homecare products: FY26.
Slide 3: Qualitative Impact of the Situation in the Middle East
Qualitative Impact of the Situation in the Middle East As tensions in the Middle East escalate, fluctuations in energy prices and disruptions to logistics networks continue. Although it is currently difficult to reasonably estimate the impact on our financial results for the current period, we are
Slide 4: Dissolution of Earth Corporation (Suzhou)
Dissolution of Earth Corporation (Suzhou) We have decided to dissolve and close our Chinese consolidated subsidiary, Earth Corporation (Suzhou) , effective May 13, 2026. We will continue to supply the products previously manufactured at the Earth Corporation (Suzhou) by transferring production equ
Slide 5: Financial Result Highlights of 1Q FY2026
Financial Result Highlights of 1Q FY2026
Slide 6: Earth Group's Medium-to-long-term Concept
Earth Group’s Medium-to-long-term Our Group Working Together Toward a Bright Tomorrow for EARTH Concept Next MTBP Transform the earnings structure & build a framework Drive sales: Overseas Drive revenue: Domestic Expand Profit Generate Cost Foundation in Enhance global expansion Synergies Grow Culti
Slide 7: Business Portfolio Targets
Business Portfolio Targets Leverage the 4 pillars of our operations in Japan, Overseas, the General Environment and Sanitation Business, and MA-T to grow profits. General Environment and Japan Overseas Sanitation Business MA-T Minimize seasonality effects Overseas business as a Develop a new busin
Slide 8: Financial Result Highlights
Financial Result Highlights Both revenue and profit increased compared to the forecast and YoY. Regarding the plan, overall revenue increased despite some fluctuations across different categories. Operating income exceeded the plan due to higher gross profit from increased sales and lower-than-p
Slide 9: Progress Vs. OI Target (Quarterly/Cumulative)
Progress Vs. OI Target (Quarterly/Cumulative) As of the 1Q, we achieved an increase in profit, driven by higher gross profit resulting from revenue growth and SG&A expenses remaining within the planned budget. (Unit: 0.1 billion JPY) 1Q 2Q 3Q 4Q 63.3 72.7 49.8 62.6 72.8 Quarterly ▲ 2.8 ▲ 3.0 ▲ 51.
Slide 10: Management Accounting Basis: Sales / GPM (25 vs 26)
Management Accounting Basis: Sales / GPM (25 vs 26) Domestic - Insecticides & Repellents: Growth driven by strong market trends and steady shipments of new products. Domestic - Homecare Products: While bath salts & oral hygiene products faced challenges, profitability improved. Gardening produ
Slide 11: Domestic: Insecticides & Repellents Status Update
Domestic: Insecticides & Repellents Status Update The domestic insecticide market expanded to 106.8% compared to the previous year. As of the end of March, the annual progress rate stood at 4.9%. Both shipments and sell-through have been performing strongly, led by the new product "OH! No-mat."
Slide 12: Domestic: Homecare Products Status Update (Oral hygiene)
Domestic: Homecare Products Status Update (Oral hygiene) While the overall market grew to 106.2% of the previous year’s level, our market share remained at 18.8%, the same as last year. Regarding the "Mondamin" series, sell-through remained strong at 109.1% year-on-year, though shipments stood a
Slide 13: Domestic: Homecare Products Status Update (Bath Salts)
Domestic: Homecare Products Status Update (Bath Salts) Although there is some variation depending on the dosage form, the market as a whole is performing better than last year. While the “Enjoy form” is on the rise, the powder form continues to decline. While powder-type products such as "BATH R
Slide 14: Overseas: Status Update (ASEAN Core)
In local-currency terms Overseas: Status Update (ASEAN Core) Sales FY26 1Q Status （0.1 B BAHT） Secured the No. 1 market share in the Insecticides 6 & Repellents market. In response to the boycott in Cambodia, we are considering changing our production location. Thailand 4 5.3 5.7 5.3 2 0 25.1Q R
Slide 15: Overseas: Status Update (Expansion in ASEAN)
In local-currency terms Overseas: Status Update (Expansion in ASEAN) Sales FY26 1Q Status (1 M MYR) Sales of the Insecticides & Repellents products and 6 air fresheners remained strong. Several major accounts have increased their adoption of our staple products, significantly Malaysia 4 exceedin
Slide 16: Overseas: Status Update (China, Exports)
In local-currency terms Overseas: Status Update (China, Exports) Sales FY26 1Q Status (1 M RMB) The launch of our Insecticides & Repellents 40 products is generally going smoothly. We are also focusing on emerging channels. 30 China 20 30.8 31.8 28.0 10 0 25.1Q Results 26.1Q Forecast 26.1Q Resul
Slide 17: General Environment and Sanitation Business Status Update
General Environment and Sanitation Business Status Update Due to external factors, Steady growth in the number of contracts & contract amounts, thanks to greater demand for hygiene control services leveraging Earth’s expert knowledge and knowhow. Unit price per contract increased, driven by the
Slide 18: Operating Income Change Factors (vs. Forecast)
Operating Income Change Factors (vs. Forecast) Achieving sales targets, particularly for Insecticides & Repellents products, contributed to increased profits. As for SG&A expenses, the budget had not been fully utilized as of the first quarter. We expect to utilize the budget as planned for the
Slide 19: 2026: Forecast Highlights
2026: Forecast Highlights Although the escalating tensions in the Middle East could affect production and procurement costs, the outlook remains uncertain. As it is currently impossible to make a reasonable estimate, there are no changes from the initial forecast. (Unit: 0.1 B JPY) 2026 Forecast H
Slide 20: APPENDIX
APPENDIX. © Earth Corporation All Rights Reserved. 19
Slide 21: Revenue Breakdown
Revenue Breakdown Revenue by Business Segment Overseas Sales General Environment & Household Products Sanitation business 17.9% 82.1% Overseas 12.9% Insecticides Other 6.0% & Repellents 35.5% Gardening products 4.2% Homecare products Domestic 36.5% 87.1% © Earth Corporation All Rights Reserved. 20
Slide 22: Business Segments and Major Products
Business Segments and Major Products Segment Main Products and Services Insecticides & Homecare Gardening Other Overseas Repellents products products (Pets & MA-T) Household Products business Gross Profit Gross Profit Gross Profit Gross Profit Gross Profit Margin 51.7% Margin 35.2% Margin 23.0% Marg
Slide 23: Household Product Business: Market Size (Domestic)
Household Product Business: Market Size (Domestic) 2025 2025 Category Market Size Our Market Share Trends (billion yen) Insecticides & Repellents Market Size Our Market Size 1,500 60% Insecticides 141.3 59.2% 1,000 40% billion yen & Repellents 500 20% (YoY +1.4%) (YoY +1.9pt) 0 0% 2021 2022 2023 202
Slide 24: Household Product - Overseas
Household Product - Overseas Insecticides & Repellents Homecare products ASEAN: Core Region ASEAN: Other Regions Revenue Revenue Main Products Main Products Breakdown Breakdown Insecticides Homecare & Repellents Malaysia products Thailand 75% 62% Homecare Insecticides Vietnam products 76% Phillppine
Slide 25: General Environment and Sanitation Business
General Environment and Sanitation Business Revenue Breakdown Number of Annual Contracts Annual Contract Value THC PC BM Sales and Other THC PC BM THC PC BM (billion yen) (Cases) 1,434 61.0 1,442 1,423 1,454 57.9 1,453 7,301 53.2 6,543 6,783 50.9 52.9 6,417 5,869 34.9% 25.2 38.4% 21.4 22.4 17.9 20.0
Slide 26: MA-T Business
MA-T Business Business Policy Building a new revenue base utilizing the unique MA-T (® ) technology (A mechanism for securing medium to long-term revenue streams by leveraging the strength of holding the basic patent) *MA-T System: An abbreviation for "®： " (Matching Transformation System). A mechan
Slide 27: MA-T Business: Mechanism
MA-T Business: Mechanism — A System That Operates Only When and As Much as Needed "On-Demand Hypochlorous Acid Solution" As easy to use as water, with high safety A system that delivers results exactly when and as much as needed ① 99% of the composition is water *Aqueous radicals are activated only
Slide 28: Exchange Rates and Exchange Rate Sensitivity
Exchange Rates and Exchange Rate Sensitivity Unit: Yen (Ref.) FY2025 FY2026 Full-Year Full-Year 1Q Results 1Q Results YoY vs. Forecast Results Forecast US 149.52 156.56 159.88 150.00 107% 107% （USD） China 20.59 22.36 23.11 21.00 112% 110% （CNY） Thailand 4.40 4.97 4.86 4.50 110% 108% （THB） Vietnam 0.
Slide 29: Supplementary Materials: FY2026 1Q Results
Supplementary Materials: FY2026 1Q Results
Slide 30: Consolidated: Statement of Income
Consolidated: Statement of Income （Unit：million JPY） FY25 FY26 FY26 VS YoY vs.FCT FY26 1Q Results 1Q Forecast 1Q Results +/- YoY +/- FCT Forecast YoY Sales 44,782 46,900 47,914 3,132 107.0% 1,014 102.2% 188,000 104.9% Cost of sales 24,955 26,300 26,854 1,898 107.6% 554 102.1% 109,100 104.5% Gross pr
Slide 31: Consolidated: Sales by Segment
Consolidated: Sales by Segment （Unit：million JPY） 1Q FY25 1Q FY26 1Q FY26 VS YoY vs.FCT FY26 Results Forecast Results +/- YoY +/- FCT Forecast YoY Insecticides & Repellents 20,510 21,010 22,388 1,878 109.2% 1,378 106.6% 70,665 104.5% Oral hygene products 1,888 2,026 1,809 - 78 95.9% - 216 89.3% 9,46
Slide 32: Consolidated: SG&A Expenses
Consolidated: SG&A Expenses （Unit：million JPY） 1Q FY25 1Q FY26 1Q FY26 VS YoY vs.FCT FY26 Progress Results Forecast Results +/- YoY +/- FCT Forecast ratio Personal expenses 5,788 5,839 5,802 13 100.2% - 36 99.4% 24,071 24.1% Shipping costs 1,135 1,436 1,328 192 117.0% - 108 92.4% 6,320 21.0% Strage
Slide 33: Consolidated: Balance Sheet
Consolidated: Balance Sheet （Unit：million JPY） End of End of VS YoY End of 1Q FY25 1Q FY26 +/- FY25 +/- Current Cash & deposits 15,487 17,389 1,902 23,327 - 5,938 assets Trade receivable 34,936 39,626 4,689 25,941 13,684 Inventories 35,230 37,788 2,557 32,305 5,483 Others 3,865 2,801 - 1,063 2,764 3
Slide 34: Operating Income Change Factors (YoY)
Operating Income Change Factors (YoY) Despite an increase in expenses following the new consolidation of PROTOLEAF, Inc. as well as higher advertising and logistics costs, profit increased year-on-year. This growth was driven by higher sales, particularly in Insecticides & Repellents and the shift
Slide 35: Overview of Group Companies' Performance
Overview of Group Companies’ Performance （Unit：million JPY） Earth Corporation Hakugen Earth Co., Ltd. PROTOLEAF, Inc. 1Q FY25 1Q FY26 1Q FY26 1Q FY25 1Q FY26 1Q FY26 1Q FY25 1Q FY26 1Q FY26 Results Forecast Results Results Forecast Results Results Forecast Results Sales 28,591 28,340 29,129 3,828 4,
Slide 36: Overseas Results
Overseas Results (FY22-26 1Q Cumulative total results) (Unit: 0.1 billion JPY) Overseas sales For external customers only (excluding internal offsets) Overseas OI (Simple sum) © Earth Corporation All Rights Reserved. supplement 7
Slide 37: Consolidated: Capital expenditure, Depreciation expenses
Consolidated: Capital expenditure, Depreciation expenses （Unit：million JPY） FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Results Results Results Results Forecast Results Results Results Results Forecast CAPEX 5,883 6,473 4,376 4,374 6,536 Depreciation 3,852 4,118 4,424 4,578 4,646 © Earth Corpo
Slide 38: Shareholder Returns
Shareholder Returns Shareholder returns policy Maintain a foundation of consistent, stable dividends for shareholders while flexibly evaluating dividend increases and share buybacks reflecting earnings performance and retained earnings. Guiding for an annual dividend of ¥130/share in 2026, a YoY
Slide 39: Forward-looking statements notice
This presentation contains forward-looking statements and financial results forecasts. These forward-looking statements and financial results forecasts were formulated on the basis of company assumptions based on the information available. These statements and forecasts are subject to risks and unce