TOTO China Business Accounts For 15.7% Of Global Revenue, Smart Toilet Sales Over 6 Miliar yuan

Dapur Asli sareng Industri Mandi Media Mainstream Média Dapur sareng Émbaran Mandi

Dina April 28, TOTO announced its fiscal year 2020 performance report (April 1, 2020 nepi ka Maret 31, 2021), with operating income of 580.935 triliun yen (RMB 34.548 milyaran) for the reporting period, turun 2.6% sataun-on-taun. Operating profit was 41,351 juta yen (RMB 2,460 jutaan), paningkatan tina 12.5% sataun-on-taun. Ordinary profit was 41,353 juta yen, paningkatan tina 14.5% sataun-on-taun. Panghasilan bersih anu diciptakeun pikeun nyebarkeun perusahaan indung 27.199 triliun yen (RMB 1.618 milyaran), ka luhur 15.3% sataun-on-taun.

In terms of categories, TOTO Japan smart toilet Toilet revenue of 101.5 triliun yen (6.05 miliar yuan), paningkatan tina 7% sataun-on-taun. Sanitary ceramics revenue of 90.7 triliun yen, faucets and other accessories revenue of 86 triliun yen, the whole bathroom revenue of 89.3 triliun yen, dapur / bathroom cabinet revenue of 41.9 triliun 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. tahun fiskal 2020, TOTO’s mainland China market revenue reached RMB 4.479 milyaran, ka luhur 19% sataun-leuwih-taun. Operating profit was RMB873 million, ka luhur 7% sataun-leuwih-taun. Revenue in Taiwan, Cina, reached NT$4.03 billion (RMB 940 jutaan), ka luhur 6% sataun-leuwih-taun. Operating profit was NT$1.075 billion (RMB 250 jutaan), ka luhur 13% sataun-leuwih-taun. According to KitchenAid, the revenue of the whole China market reached 5.415 milyaran, akuntansi pikeun 15.7% of the overall revenue, and the operating profit reached 1.123 miliar yuan.

For the reporting period, operating income in Asia/Oceania was 28,184 juta yen (turun 13.5% sataun-on-taun) and operating profit was 5,516 juta yen. Salaku tambahan, 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 (turun 146% sataun-on-taun).

Salila période ngalaporkeun, the Americas market revenue was 35.792 triliun yen, ka luhur 10.6% sataun-on-taun (RMB 2.13 milyaran), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% taun-taun ka 2.935 triliun yen. Diantara aranjeunna, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, akuntansi pikeun 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 triliun yen, ka luhur 6.2% (240 juta yuan), and operating profit was 995 juta 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 persen. 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. Dina waktos anu sasarengan, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.

Salaku tambahan, TOTO expects revenue to increase by 9.9% taun-taun ka 635 billion yen and operating profit to increase by 11.0% taun-taun ka 44 billion yen in fiscal 2021. Of this, the residential equipment business in Japan will grow 11% ka 465 triliun yen, while the overseas residential equipment business will grow 45% ka 200 triliun yen. Salaku tambahan, 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.