Earnings briefing materials for 3Q
of the fiscal year ending December 2021
11/08/2021
FY12/2021 3Q Results
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
- Main contents
• | 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)
【Yearly Trend】
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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