Earth Corporation (TSE:4985) agreed to acquire an additional 16.07% stake in protoleaf Inc. from Takashi Sato and Yuichiro Kano on December 10, 2024. Upon completion, Earth Corporation will own 50.22321% stake in protoleaf Inc.
For the period ending June 30, 2024, protoleaf Inc. reported total revenue of ¥3.86 billion, EBIT of ¥132 million and net income of ¥32 million. As of June 30, 2024, protoleaf Inc. reported total assets of ¥1.94 billion and total common equity of ¥447 million.
Earth Corporation (TSE:4985) completed the acquisition of an additional 16.07% stake in protoleaf Inc. from Takashi Sato and Yuichiro Kano on February 28, 2025
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.
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