S T : Corporate Profile 2023（2.2MB）

Corporate Profile 2023

Year Ended March 31, 2023

Contents

Business・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・２

About S.T.CORPORATION ・・・・・・・・・・・・・・・・・・・・・３

Information by Business ・・・・・・・・・・・・・・・・・・・１０

Systems for Overseeing and Supporting Business Administration ２０ Sustainability・・・・・・・・・・・・・・・・・・・・・・・・・・２４

Information by Sustainability ・・・・・・・・・・・・・・・・２５

Company Information ・・・・・・・・・・・・・・・・・・・・・２９

Note: The figures are rounded down. (As of November 11, 2023)

Compilation Policy

[Target Organizations] The report on our company, or the S.T. Group (consolidated), if not mentioned. The "S.T. Group" means the entire S.T. Group, the "S.T. Group (in Japan)" means S.T. (non-consolidated) and group companies in Japan, and the "S.T. (non-consolidated)" means S.T. Corporation (non-consolidated).

[Target Period] April 1, 2022 to March 31, 2023

Note: Fiscal years in this report are based on S.T. CORPORATION's fiscal year ending March 31.

[Forward-lookingStatement] This report contains forward-looking statements regarding

S.T. CORPORATION's future plans, strategies, and performance. Such forward-looking statements are based on information available as of the issuance of this report. Please note that the Company's actual performance may differ greatly from forward-looking statements due to the economic situation, business environment, market demand, and foreign currency exchange rate fluctuations in the future.

[Market Size, Market Shares, Seasonal Indices] Market size, market shares, and seasonal indices are based on the data of INTAGE Inc.'s SRI+ (in value terms) for "deodorizers (for refrigerators)" during a 3-year period from 2020 to 2022, "mothproofing agents for food" during a 4-year period from 2019 to 2022, "disposable warmers, excluding those for the eye parts" during a 1-year period from April 2022 to March 2023, other items during a period from January to December 2022, "deodorizers and air fresheners (excluding those for clothes and anti-virus ones)" and "mothproofing agents (excluding those for dolls)."

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Business

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About S.T. CORPORATION

Contents

１ Strengths and Salient Features ・・・・・・・・・・・４

２ Business Overview ・・・・・・・・・・・・・・・・・５

３ Financial Highlights １ ・・・・・・・・・・・・・・６

４ Financial Highlights ２（Category Information）・・・７ ５ Non-Financial Highlights（ESG Information） ・・・・・８

６ Management Strategy (Brand Value Management) ・・・・９

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Strengths and Salient Features

A Manufacturer of Miscellaneous Daily Goods

that Focuses on Niche Markets

≪Boasting a Large Number of Unique and Robust Brands≫

A trusted major brand
that protects clothing	Dehumidifier brand

The Company's	Top brand insect
flagship megabrand	repellent for rice

Top brand in refrigerator deodorizers

≪Shoshu-Riki≫

≪Dashu-Tan≫

≪Kome-Touban≫

≪Mushuda≫

≪Drypet≫

・Grasping people's imagination when they hear about, see and use our products

≪the driving force behind our product development activities≫

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Business Overview

		Business by Categories	Composition of	Strengths	Ｍａｒｋｅｔ Ｓｈａｒｅ	Salient Features
		Net Sales
				・Shoshu-Riki	・Shaldan	Air Fresheners	Ｒｅｆｒｉｇｅｒａｔｏｒ
		AIR Care	43％	Deodorizers	・Growth Driver
		・Dashu-Tan		25％（2）
					82％（1）
		CLOTH Care	18％	・Mushuda		Mothproofing Agents	・Earnings Source
		・Neopara		53％（1）		・Foundation Business
	Existing			・Onpacks		Disposable Warmers	・Winter Product
	THERMAL Care	10％		・Results Managed at the
	・On Style		17％（3）
						Point-of-sale
	Businesses			・Family		Household Gloves	・Foundation Business
	HAND Care	13％		・Sold Overseas for
		・Modelobe		19％（2）
						Commercial use
		HUMIDITY Care	7％	・Drypet		Dehumidifiers	・Market Created by the
		・Bincho-Tan Drypet	33％（1）		Company
				・Kome-Touban				・Division Coordinating Efforts
		HOME Care	9％	・Senjo-Riki
					to Nurture New Products
				・Clear Forest
		Overseas	・The ratio of overseas sales is 7%. We strengthen global business as another driver of growth.
	Promoting Capital and	・We concluded contracts for capital and business tie-ups with FUMAKILLA LIMITED and NS FaFa Japan Co., Ltd.
	Business Alliances
	Development of New	・Develop the Clear Forest brand, and the Yells brand.
	Businesses
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Financial Highlights （１）

Net Sales

Beginning with the fiscal year ended March 31, 2022, we have applied the new accounting standards.

(Billions of yen )
60		47.7	47.5	49.6	45.5	45.6
50
40
30
20
10
0
	FY19	FY20	FY21	FY22	FY23

Operating Income

Beginning with the fiscal year ended March 31, 2022, we have applied the new accounting standards.

(Billions of yen)
4				3.9
		3.3		3.3
3		2.8
					2.4
2
1
0		FY19	FY20	FY21	FY22	FY23

Profit Attributable to Owners of Parent		ＲＯＥ / ＲＯＡ

Beginning with the fiscal year ended March 31, 2022, we have applied the new accounting standards.

(Millions of yen)
3,000		2,261	2,525
2,500
1,803				1,829
2,000
1,500				1,109
1,000
500
0
FY19	FY20	FY21	FY22	FY23

（％）				ROE	ROA
10		7.8	8.2
8	6.3				5.7
6				3.6
			5.6
4	4.3	5.3
2				4.0
			2.5
0
-2	FY19	FY20	FY21	FY22	FY23

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Financial Highlights （2）（Category Information）

Overview by Products

≪Net Sales by Products ≫ (FY2023)

■ AIR Care	43.4％
■ CLOTH Care	17.5％
■ THERMAL Car	10.4％
■ HAND Care	12.8％
■ HUMIDITY Care	6.5％
■ HOME Care	9.4％

≪Market Share by Categories≫ (2022)

Market	Market Share	Rank
Air Fresheners	25 ％	2
Mothproofing Agents	53 ％	1
Dehumidifiers	33 ％	1
Deodorizers	82 ％	1
Household Gloves	19 ％	2
Disposable Warmers	17 ％	3

Overview by Geographic Region

≪Breakdown of Sales by Region≫ （FY2023）

■ Japan 93.3％

■ Overseas 6.7％

≪Net Sales by Overseas Region≫ （FY2023 Non-Consolidated）

■ Asia 41.0％

■ U.S. 37.0％

■ Europe 10.5％

■ Other 11.5％

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Non-financial Highlights（ESG Information）

Total CO2 emissions (Scopes 1 and 2)

*The CO2 emissions from our domestic business establishments in Scopes 1 and 2 were estimated.

*For the estimation of emissions in Scope 2 derived from purchased electric power, the consumption of power generated from renewable energy was multiplied by the adjusted emission factor for each kind of electric power and the consumption of other power was multiplied by the average emission factor in Japan and the sum of them was defined as CO2 emissions until FY 3/2022. From FY 3/2023, the calculation using the adjusted emission factor for each kind of electric power was basically conducted, but the average emission factor in Japan was used for power generated from uncertain energy.

（t-CO2）						Scope1		Scope2
5,000
		4,039		Purchase of renewable energy
4,000		3,500	3,864
			2,892	2,949
3,000
		3,067
2,000		2,523	2,908	1,914	2,098
1,000
0		977	972	956	978	851
	FY19	FY20	FY21			FY22		FY23

Ratio of female managers

※The subject organization is S.T. Group (in Japan)

Total weight of waste

*The subject organization is S.T. Group (in Japan).

（t）
				1,329			1,393	1,362
1500			1,183
1200
900	848
600		Establishment of STM Co., Ltd.
300
0
FY19	FY20	FY21	FY22	FY23

Ratio of independent outside directors

Ratio of female directors

（％）

17.0

（％）

Ratio of independent outside directors Ratio of female directors

18
15													11.5
11.3	10.9	10.2
12
9
6
3
0
	FY19		FY20		FY21		FY22		FY23

60	55.6	55.6	50.0	50.0	50.0
50
40
30	33.3	33.3	37.5		40.0
20		30.0
10
0	FY19	FY20	FY21	FY22	FY23

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Management Strategy (Brand Value Management)

Development of a Robust Business Foundation that Won't

Be Swayed by the Business Environment

Innovation

New Technologies

Changes in

Demographic Structures

Existing

Technologies

Global Trends

Strengthen

Global Business

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Information by Business

Contents

１ AIR Care（Air Fresheners and Deodorizers）・・・・・１１

２ CLOTH Care（Mothproofing Agents） ・・・・・・・・・１２

３ THERMAL Care（Disposable Warmers）・・・・・・・・・１３

４ HAND Care（Household Gloves） ・・・・・・・・・・・１４

５ HUMIDITY Care（Dehumidifiers） ・・ ・・・・・・・・１５

６ HOME Care（Others） ・・・・・・・・・・・・・・・・１６

７ Strengthen Global Business・・・・・・・・・・・・・１７

８ Promoting Capital and Business Alliances ・・・・・１８

９ Promoting New Businesses・・・・・・・・・・・・・・１９

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