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TOTOChinaBusinessAccountsFor15.7%OfGlobalRevenue,SmartToiletSalesOver6BillionYuan

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TOTO China Business Accounts For 15.7% Of Global Revenue, Smart Toilet Sales Over 6 Mil millones de yuanes

Industria de cocinas y baños originales Medios convencionales Información sobre cocinas y baños

En abril 28, TOTO announced its fiscal year 2020 performance report (Abril 1, 2020 to March 31, 2021), with operating income of 580.935 mil millones de yenes (RMB 34.548 mil millones) for the reporting period, abajo 2.6% interanual. Operating profit was 41,351 million yen (RMB 2,460 millón), un incremento de 12.5% interanual. Ordinary profit was 41,353 million yen, un incremento de 14.5% interanual. Net income attributable to shareholders of the parent company was 27.199 mil millones de yenes (RMB 1.618 mil millones), arriba 15.3% interanual.

In terms of categories, TOTO Japan smart toilet Toilet revenue of 101.5 mil millones de yenes (6.05 mil millones de yuanes), un incremento de 7% interanual. Sanitary ceramics revenue of 90.7 mil millones de yenes, faucets and other accessories revenue of 86 mil millones de yenes, the whole bathroom revenue of 89.3 mil millones de yenes, cocina / bathroom cabinet revenue of 41.9 mil millones de yenes.

The following is TOTO’s global revenue by your region, including sales to external customers.

Due to TOTO’s non-compliance with the One China Principle, Taiwan’s results are not consolidated into the China region, and the China region described in its report is only the mainland market results. fiscal year 2020, TOTO’s mainland China market revenue reached RMB 4.479 mil millones, arriba 19% año tras año. Operating profit was RMB873 million, arriba 7% año tras año. Revenue in Taiwan, Porcelana, reached NT$4.03 billion (RMB 940 millón), arriba 6% año tras año. Operating profit was NT$1.075 billion (RMB 250 millón), arriba 13% año tras año. According to KitchenAid, the revenue of the whole China market reached 5.415 mil millones, contabilidad de 15.7% of the overall revenue, and the operating profit reached 1.123 mil millones de yuanes.

For the reporting period, operating income in Asia/Oceania was 28,184 million yen (abajo 13.5% interanual) and operating profit was 5,516 million yen. Además, TOTO is strengthening its production capacity in Vietnam and Thailand, which will serve as its global supply base, as well as strengthening its sales capacity in emerging markets. Revenue in Vietnam for FY2020 reached VND424 billion (RMB1.19 billion) and operating profit was VND509 billion (abajo 146% interanual).

During the reporting period, the Americas market revenue was 35.792 mil millones de yenes, arriba 10.6% interanual (RMB 2.13 mil millones), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% año tras año a 2.935 mil millones de yenes. Entre ellos, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, contabilidad de 33% of the local revenue ratio. In the middle and high-end markets, TOTO is promoting 3.8L water-saving toilets as well as sensor sanitary ware in the Americas. In the reporting period, operating income in Europe was 3.988 mil millones de yenes, arriba 6.2% (240 millones de yuanes), and operating profit was 995 million yen (966 million yen in the previous fiscal year).

On the same day, TOTO also released itsNew Shared Value Creation Strategy TOTOWILL2030,which plans to increase the share of overseas revenue in the housing equipment business from 25 percent to 50 por ciento. tOTO suggested that the number of new housing starts has decreased due to the decrease in Japan’s population, although the demand for renovation has increased. Al mismo tiempo, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.

Además, TOTO expects revenue to increase by 9.9% año tras año a 635 billion yen and operating profit to increase by 11.0% año tras año a 44 billion yen in fiscal 2021. De esto, the residential equipment business in Japan will grow 11% a 465 mil millones de yenes, while the overseas residential equipment business will grow 45% a 200 mil millones de yenes. Además, TOTO plans to invest 56 billion yen over three years to expand production at its U.S. plant in addition to China, the main overseas market, where sales of non-contact sensor sanitary ware are growing.

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