1899年に山田安民氏が大阪で創業し、胃腸薬「胃活」を売り出した信天堂山田安民薬房が起源。
1909年発売のロート目薬で大衆薬の地位を確立し、1988年には米メンソレータム社を買収してその商標をアジアへ展開した。目薬・胃腸薬・スキンケアを主力とする大衆薬メーカーで、売上の約半分を海外が占める。
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