Q: When was the company established?
A: On August 26, 1925.
Q: Please tell me about the history of Earth Corporation.
Q: When was the company listed?
A: Earth was listed on the Second Section of the Tokyo Stock Exchange in November 2005, and was assigned to the First Section in December 2006.
Q: Please give me an overview of the company.
Q: Please tell me about your areas of business.
Financial results and other financial information
Q: When does the company’s fiscal year end?
A: Earth’s fiscal year ends in December.
Q: When do you announce your financial results?
Q: How can I find out about your most recent financial results?
Q: Please tell me about recent movement in performance.
Q: What is Earth’s stock code?
A: Our stock code is 4985.
Q: When do you hold your general meeting of shareholders?
A: Our annual general meeting of shareholders is scheduled for late March of each year. Please refer to this page for details.
Q: Is it possible to execute voting rights online?
A: Yes, it is. You can find details, including how to vote online, in the Convocation Notice for the general meeting of shareholders.
Q: Who should I contact about procedures related to stocks; for example, to change the registered name, or to request purchase of shares in amounts less than the share unit?
A: Please contact the parties indicated below regarding procedures related to stocks.
１）If you have opened an account with a securities company or other institution, please contact that institution.
２）If you have not opened in account at a securities company or other institution, please contact Sumitomo Mitsui Trust Bank, Ltd., which is Earth Corporation’s shareholder registry administrator.
2-8-4 Izumi, Suginami-ku, Tokyo 168-0063
Sumitomo Mitsui Trust Bank, Ltd., Stock Transfer Agency Business Planning Dept.
For details, please refer to theSumitomo Mitsui Trust Bank, Ltd. website.(Link to external site)
Q: Please tell me about your dividend policy.
A: Earth Corporation positions “the return of benefits to shareholders” as an important management issue, and strives to continue stable dividends while securing internal reserves to maintain continuous growth and a robust management structure. Based on this policy, we aim for a consolidated dividend on equity (DOE) ratio of 4-5%.
Q: What is the shareholder confirmation record date for payment of dividends?
A: The year-end shareholder confirmation record date is December 31.
Q: Do you pay out interim dividends?
A: Our current policy is to distribute dividends only at the end of the fiscal year. Earth’s consolidated and non-consolidated performance tends to decline in the second half compared to the first half, mainly because some business partners return unused products late in the year, and it is difficult to predict the volume of those returns. Another reason is that the sales of insecticides and returns of unused products may be impacted by summer weather, among other factors. With this in mind, at present, we do not distribute interim dividends; we only distribute year-end dividends based on management results for the full year.
Management and management strategies
Q: Please tell me about your corporate philosophy.
Q: Please tell me about your management plan.
Q: Please tell me about your approach to corporate governance.
Q: What is the relationship between Earth Corporation and the Otsuka Group?
A: Otsuka Pharmaceutical Factory, Inc. acquired ownership stake in Earth Corporation in February 1970. As the Otsuka Group’s origin and parent company, in August 1964, Otsuka Pharmaceutical Factory spun off its sales division and established Otsuka Pharmaceutical Co., Ltd. In the first half of 1965, Earth was facing a management crisis and requested financial support from Otsuka Pharmaceutical Factory, a business partner at the time, to enable a management reorganization. Masatomi Otsuka, then a managing director at Otsuka Chemical Co., Ltd., was invited to act as President of Earth Corporation (currently acting as Special Advisor). Also, in March 1973, around the time that “Gokiburi Hoy Hoy” was released, Earth needed to procure capital to expand its business scale, and Otsuka Pharmaceutical Co., Ltd. (by that time the core entity in the Otsuka Group) was one of the main companies that we turned to for financial support. That's how we have come to the present.