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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 Bilyan Yuan

Jikada iyo qolka musqusha ee asalka ah ee Warbahinta Guud ee Jikada iyo Musqusha

Abriil 28, TOTO announced its fiscal year 2020 performance report (Abriil 1, 2020 ilaa Maarso 31, 2021), with operating income of 580.935 bilyan yen (RMB 34.548 bilyan) for the reporting period, hoos 2.6% sanad-ka-sannadka. Operating profit was 41,351 milyan oo yen (RMB 2,460 milyan), korodhka 12.5% sanad-ka-sannadka. Faa'iidada caadiga ahayd waxay ahayd 41,353 milyan oo yen, korodhka 14.5% sanad-ka-sannadka. Dakhliga saafiga ah ee loo aadi karo saamiyada shirkadda waalidka ayaa ahaa 27.199 bilyan yen (RMB 1.618 bilyan), kor 15.3% sanad-ka-sannadka.

In terms of categories, TOTO Japan smart toilet Toilet revenue of 101.5 bilyan yen (6.05 bilyan yuan), korodhka 7% sanad-ka-sannadka. Sanitary ceramics revenue of 90.7 bilyan yen, faucets and other accessories revenue of 86 bilyan yen, the whole bathroom revenue of 89.3 bilyan yen, jiko / bathroom cabinet revenue of 41.9 bilyan 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. Sanad maaliyadeed 2020, TOTO’s mainland China market revenue reached RMB 4.479 bilyan, kor 19% sanadba sanadka ka dambeeya. Operating profit was RMB873 million, kor 7% sanadba sanadka ka dambeeya. Revenue in Taiwan, Shiinaha, reached NT$4.03 billion (RMB 940 milyan), kor 6% sanadba sanadka ka dambeeya. Operating profit was NT$1.075 billion (RMB 250 milyan), kor 13% sanadba sanadka ka dambeeya. According to KitchenAid, the revenue of the whole China market reached 5.415 bilyan, xisaabinta 15.7% of the overall revenue, and the operating profit reached 1.123 bilyan yuan.

For the reporting period, operating income in Asia/Oceania was 28,184 milyan oo yen (hoos 13.5% sanad-ka-sannadka) and operating profit was 5,516 milyan oo yen. Intaa waxaa dheer, 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 (hoos 146% sanad-ka-sannadka).

Inta lagu jiro xilliga warbixinta, the Americas market revenue was 35.792 bilyan yen, kor 10.6% sanad-ka-sannadka (RMB 2.13 bilyan), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% sanad-ka-sannadka ilaa 2.935 bilyan yen. Waxaa ka mid ah, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, xisaabinta 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 bilyan yen, kor 6.2% (240 milyan yuan), and operating profit was 995 milyan oo 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 boqolkiiba. 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. Isla markaana, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.

Intaa waxaa dheer, TOTO expects revenue to increase by 9.9% sanad-ka-sannadka ilaa 635 billion yen and operating profit to increase by 11.0% sanad-ka-sannadka ilaa 44 billion yen in fiscal 2021. Ee tan, the residential equipment business in Japan will grow 11% ku 465 bilyan yen, while the overseas residential equipment business will grow 45% ku 200 bilyan yen. Intaa waxaa dheer, 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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