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Lub Plaub Hlis 28, TOTO announced its fiscal year 2020 performance report (Lub plaub hlis ntuj 1, 2020 to March 31, 2021), with operating income of 580.935 trillion yen (RMB 34.548 billion) for the reporting period, nqes 2.6% xyoo-rau-xyoo. Operating profit was 41,351 lab yen (RMB 2,460 lab), nce ntawm 12.5% xyoo-rau-xyoo. Ordinary profit was 41,353 lab yen, nce ntawm 14.5% xyoo-rau-xyoo. Cov nyiaj tau los ntau pom tau pom tias yog cov koom tes ntawm cov tuam txhab niam txiv yog 27.199 trillion yen (RMB 1.618 billion), nce 15.3% xyoo-rau-xyoo.
In terms of categories, TOTO Japan smart toilet Toilet revenue of 101.5 trillion yen (6.05 billion yuan), nce ntawm 7% xyoo-rau-xyoo. Sanitary ceramics revenue of 90.7 trillion yen, faucets and other accessories revenue of 86 trillion yen, the whole bathroom revenue of 89.3 trillion yen, hoob ua mov noj / bathroom cabinet revenue of 41.9 trillion yen.
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. Kev Siv Nyiaj Xyoo 2020, TOTO’s mainland China market revenue reached RMB 4.479 billion, nce 19% xyoo dhau xyoo. Operating profit was RMB873 million, nce 7% xyoo dhau xyoo. Revenue in Taiwan, Tuam Tshoj, reached NT$4.03 billion (RMB 940 lab), nce 6% xyoo dhau xyoo. Operating profit was NT$1.075 billion (RMB 250 lab), nce 13% xyoo dhau xyoo. According to KitchenAid, the revenue of the whole China market reached 5.415 billion, account rau 15.7% of the overall revenue, and the operating profit reached 1.123 billion yuan.
For the reporting period, operating income in Asia/Oceania was 28,184 lab yen (nqes 13.5% xyoo-rau-xyoo) and operating profit was 5,516 lab yen. Ntxiv rau, 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 (nqes 146% xyoo-rau-xyoo).
Thaum lub sijhawm qhia, the Americas market revenue was 35.792 trillion yen, nce 10.6% xyoo-rau-xyoo (RMB 2.13 billion), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% xyoo mus rau xyoo 2.935 trillion yen. Ntawm lawv, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, account rau 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 trillion yen, nce 6.2% (240 lab yuan), and operating profit was 995 lab yen (966 million yen in the previous fiscal year).
On the same day, TOTO also released its “New Shared Value Creation Strategy TOTOWILL2030,” which plans to increase the share of overseas revenue in the housing equipment business from 25 percent to 50 feem pua. 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. Tib lub sijhawm, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.
Ntxiv rau, TOTO expects revenue to increase by 9.9% xyoo mus rau xyoo 635 billion yen and operating profit to increase by 11.0% xyoo mus rau xyoo 44 billion yen in fiscal 2021. Of this, the residential equipment business in Japan will grow 11% rau 465 trillion yen, while the overseas residential equipment business will grow 45% rau 200 trillion yen. Ntxiv rau, 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.
