Foreign Corporate Profits Fell Across The Board, Up To -125%

Ашкана Жана Ванна. Ашкана жана мончо баш макалалары.

Жакында, Lixil Group, ТОТО, Musk, Geberit, Takara Standard and other foreign companies have announced their half-year or quarterly reports. The reports show that during the epidemic, the sales and net profits of the companies have declined to varying degrees, and some companies have even made zero entries. The current epidemic in Spain, Германия, Улуу Британия, Japan and other countries has been repeated, and the impact on companies is expected to continue.

 

Lixil Group.

Business Profit Slips 125.1% To Loss In April-June

Август айында 6, 2020, the Lixil Group announced its first quarterly report for fiscal year 2020 (Апрель 2020 to March 2021), and from April to June 2020, a number of financial indicators declined due to the impact of the epidemic and the increase in the Japanese consumption tax. Алардын арасында, sales fell 14.6% чейин 310.5 Миллиард Йен (жөнүндө 20.490 миллиард юань), business profit fell 125.1% чейин -2.6 Миллиард Йен (compared with a profit of 10.5 billion yen a year earlier), and EBITDA narrowed to 17.7 billion yen from 29.5 billion yen in the same period a year earlier.

From April to June, shipments declined the most in China, down from nearly 10% positive growth in April to less than -10% май айында, and then tended to recover, although a decline of about 6% is expected in July. Карама-каршы, АКШ, EMEA markets bucked the trend, with the U.S. market jumping from negative growth of -30% in April to positive growth of nearly 10% in June.

The Lixil Group recorded sales declines in all major markets from April to June, with the largest declines in Asia Pacific (-31%), Europe and Central Africa (-20%), the United States (-15%), Жапония (-11%) and China (-7%), resulting in a 99% decline in operating profit outside Japan and a 58% decline in operating profit in Japan, for a total decrease in operating profit of $0.5 миллиард. 78% and operating profit margin was only 1.8%, төмөндөө 5 points from the same period last year.

In terms of sub-brands, ASB (ASD Holdings), a subsidiary of American Standard, achieved sales of $259 миллион (RMB жөнүндө 1.803 миллиард) in April-June, төмөн 15% жылдан-жылга, with operating profit of $60 миллион, төмөн 56% жылдан-жылга, and profit margin down 2.3 points to 2%. GAO reported sales of 281 миллион евро (RMB жөнүндө 2.317 миллиард) in April-June, төмөн 25% жылдан-жылга, with an operating profit of 01 миллион евро, төмөн 97% жылдан-жылга, and a margin cut to 0%.

 

Musk.

Good Performance In The First Quarter To Offset The Impact Of The Outbreak In The Second Quarter

Июльда 30, Musk Group reported the second quarter of 2020.In April-June 2020, Musk achieved sales of $1.764 миллиард (RMB жөнүндө 12.279 миллиард), төмөн 4% жылдан-жылга; operating profit of $339 миллион, төмөн 2% жылдан-жылга; affected by the epidemic, Musk pipeline products sales from the first half of 2019 1,012 million to $868 миллион, a decline of 14%. Бирок, improved sales of coatings and related products drove an 8% increase in sales of decorative building products.

For the entire first half of the year, Musk’s sales were down just $07 million to $3.345 billion from $3.352 billion for the same period in 2019, and operating profit even increased by $20 million to $564 миллион, reflecting Musk’s good first quarter sales, which only declined in the second quarter due to the epidemic.

Musk CEO Keith Allman said the company puts the safety of its employees and customers at the forefront of its mind, and while there are many unknowns, strong demand for the company’s products is expected to continue in the third quarter, assuming there are no temporary shutdowns due to the outbreak.Allman also revealed that the board of directors has announced a 4 percent increase in the annual dividend to $0.5 billion per share beginning in the fourth quarter. 0.56 as a sign of confidence in the future.

 

Geberit.

First-Half Sales Down 10 Пайыз.

Asian Markets Down Over 24%

According to Geberit’s first-half report released on July 6, 2020, January-June, Geberit achieved sales of CHF 1.468 миллиард (RMB жөнүндө 11.217 миллиард), төмөн 9.8%, of which Europe and the United States decreased by 8.7% жана 8.6% тиешелүү түрдө, the Far East and the Pacific, the Middle East and Africa fell by as much as 24.2% жана 31.6%. .

On a regional basis, after adjusting for currency exchange rates, Geberit’s first-half sales declined the most in the UK and Ireland (-34.1%), the Middle East and Africa (-25.9), Италия (-25.1%), the Iberian Peninsula (-20.9%), Франция (-19.2%), the Far East and Pacific (-18.5%) and the United States (-5.4%). Only Germany, Scandinavia, Швейцария, Eastern Europe, Benelux and Australia recorded sales growth, although in the German market, where growth was greatest, the increase was also only 2.9%.

On the product side, first-half sales in all three of Geberit’s major categories were down nearly 10%, with installation and flushing systems down 10.3%, plumbing systems down 9.0% and bathroom systems down 9.9%.

 

Тото.

April-June Net Profit Down 83%

Июльда 31, TOTO released its first quarterly report for fiscal year 2020 (Апрель 2020 to March 2021).From April to June 2020, several of TOTO’s financial figures declined year-on-year, анын ичинде а 13% сатуунун төмөндөшү 118.1 Миллиард Йен (болжол менен RMB 7,793 миллион), and an 83% Башкы компаниянын акционерлерине таандык болгон таза кирешенин төмөндөшү 600 миллион йен (fiscal 2019 TOTO believes that the large decline in sales and net profit is due to the epidemic, and it predicts that without the impact of the epidemic, таза пайда көбүрөөк көбөйөт 60% Ошол эле мезгилде.

In this earnings report, TOTO lists the January-March operations in China, Asia, Europe and the US separately. In terms of RMB, from January to March, TOTO achieved sales of 573 million yuan in China, төмөн 279 миллион юань, or more than 30%, compared to 852 million yuan in the same period last year, TOTO estimated that the epidemic led to a decrease in sales of 294 миллион юань. According to TOTO’s statistics, the month with the largest decline in sales in China was February with a 68% decline, followed by a gradual recovery to an increase of 12% in June. Операциялык киреше жагынан, the Chinese market also declined by 26% to RMB102 million from RMB138 million in the same period last year.

During the epidemic, TOTO China market sales of all categories have decreased to varying degrees, анын ичинде а 44% decrease in sanitary ceramics, a 16% decrease in washroom, faucet hardware decreased by 30%, TOTO estimates that if there is no epidemic, sales of the three categories will increase by 1%, 2% жана 2%. The financial report also revealed that from January to March, the number of units sold in the Chinese market to wash the beauty of the Chinese market decreased by 28%, and from April to June increased by 6%.

Takara.

Net Profit Down 57.4% In April-June

Август айында 3, Takara Standard, a Japanese bathroom company, announced its first quarter report for fiscal year 2020 (Апрель 2020 to March 2021).In April-June 2020, Takara Standard achieved sales of 44.092 Миллиард Йен (RMB жөнүндө 2.91 миллиард), жыл сайын бир аз төмөндөө 9.0%; the net profit attributable to the parent company fell by 57.4%.

1 [Trends in key management indicators].

Set Aside (Money)		146th Meeting First Quarter (Of Financial Year) Consolidated Cumulative Total	147th First Quarter (Of Financial Year) Consolidated Cumulative Total	146th Issue
Accounting Period		From April 1, 2019 Until 30 Июнь 2019	From April 1, 2020 30 Июнь 2020	From April 1, 2019 Until 31 Март 2020
Sell	(Millions Of Yen)	48,442	44.092	201,521
Ordinary Income	(Millions Of Yen)	3,520	1,535	13,109
Quarterly Results Attributable To Shareholders Of The Parent Company	(Millions Of Yen)	2,375	1,011	8,647
Net Income	(Millions Of Yen)	2,024	2,337	7,117
Consolidated Income (Loss) For The Quarter	(Millions Of Yen)	162,892	167,835	166,741
Net Assets	(Millions Of Yen)	252,318	251,595	256,569
Total Assets	(Yen)	32,49	13.83	118.24
Quarterly (Current) Per Share	(Yen)	一	一	一
Таза пайда	(%)	64.6	66.7	65.0
Бир акцияга аргасыз киреше	(Millions Of Yen)	5,160	Δ 863	17,061
Net Income	(Millions Of Yen)	Δ 1,070	Δ 1,415	Δ 5. 021
Capital Adequacy Ratio	(Millions Of Yen)	Δ 1,023	Δ 1,088	Δ 2.412
Due To Sales Activities	(Millions Of Yen)	68,074	71,265	74,633

Net income attributable to shareholders of 1,011 миллион йен, төмөн 57.4% жылдан-жылга. Takara Standard’s forecast for fiscal 2020: sales of ¥188.00 billion, төмөн 6.7% жылдан-жылга; net income attributable to shareholders of the parent company of ¥4.100 billion, төмөн 52.6% year-on-year.Takara Standard said that previously, due to the impact of the epidemic, it is difficult to make a reasonable estimate of full-year results, but With the lifting of the emergency in Japan and the confirmation of fiscal first-quarter results, it is possible to make a reasonable estimate. Бирок, Takara Standard said that this estimate does not take into account the impact of the second wave of the epidemic and other events, so there are still uncertainties.

It is worth mentioning that Takara Standard announced on July 28 that one of its employees, who works as a construction manager at its Kobe City office, has been diagnosed with neo-coronary pneumonia, and has requested that those in close contact with him be isolated at home and undergo health monitoring. According to another announcement on July 30, an employee working at a showroom in Ebina City, Kanagawa Prefecture, who was identified as a close contact of a patient with neo-coronary pneumonia, was temporarily shut down and the showroom reopened on August 3.