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

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Mnamo Aprili 28, TOTO announced its fiscal year 2020 performance report (Aprili 1, 2020 kuandamana 31, 2021), with operating income of 580.935 trilioni yen (RMB 34.548 bilioni) for the reporting period, chini 2.6% mwaka hadi mwaka. Operating profit was 41,351 milioni yen (RMB 2,460 milioni), ongezeko la 12.5% mwaka hadi mwaka. Ordinary profit was 41,353 milioni yen, ongezeko la 14.5% mwaka hadi mwaka. Net income attributable to shareholders of the parent company was 27.199 trilioni yen (RMB 1.618 bilioni), juu 15.3% mwaka hadi mwaka.

In terms of categories, TOTO Japan smart toilet Toilet revenue of 101.5 trilioni yen (6.05 bilioni yuan), ongezeko la 7% mwaka hadi mwaka. Sanitary ceramics revenue of 90.7 trilioni yen, faucets and other accessories revenue of 86 trilioni yen, the whole bathroom revenue of 89.3 trilioni yen, jikoni / bathroom cabinet revenue of 41.9 trilioni 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. mwaka wa fedha 2020, TOTO’s mainland China market revenue reached RMB 4.479 bilioni, juu 19% mwaka hadi mwaka. Operating profit was RMB873 million, juu 7% mwaka hadi mwaka. Revenue in Taiwan, China, reached NT$4.03 billion (RMB 940 milioni), juu 6% mwaka hadi mwaka. Operating profit was NT$1.075 billion (RMB 250 milioni), juu 13% mwaka hadi mwaka. According to KitchenAid, the revenue of the whole China market reached 5.415 bilioni, uhasibu kwa 15.7% of the overall revenue, and the operating profit reached 1.123 bilioni yuan.

For the reporting period, operating income in Asia/Oceania was 28,184 milioni yen (chini 13.5% mwaka hadi mwaka) and operating profit was 5,516 milioni yen. Zaidi ya hayo, 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 (chini 146% mwaka hadi mwaka).

During the reporting period, the Americas market revenue was 35.792 trilioni yen, juu 10.6% mwaka hadi mwaka (RMB 2.13 bilioni), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% mwaka hadi mwaka kwa 2.935 trilioni yen. Kati yao, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, uhasibu kwa 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 trilioni yen, juu 6.2% (240 Yuan milioni), and operating profit was 995 milioni 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 asilimia. 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. Wakati huo huo, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.

Zaidi ya hayo, TOTO expects revenue to increase by 9.9% mwaka hadi mwaka kwa 635 billion yen and operating profit to increase by 11.0% mwaka hadi mwaka kwa 44 billion yen in fiscal 2021. Ya hii, the residential equipment business in Japan will grow 11% kwa 465 trilioni yen, while the overseas residential equipment business will grow 45% kwa 200 trilioni yen. Zaidi ya hayo, 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.