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TOTOChinaBusinessAccountsFor15.7%OfGlobalRevenue,SmartToiletSalesOver6BillionYuan

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TOTO China Business Accounts For 15.7% Yengeniso yehlabathi, I-Smart Toilet Sales Over 6 Ibhiliyoni yeYuan

Ikhitshi loqobo kunye neBathroom yoMzimveliso oPhambili kwiKhitshi yeMedia kunye nolwazi lweBathroom

Ngo-Epreli 28, TOTO announced its fiscal year 2020 performance report (UTshazimpuzi 1, 2020 ukuya ku-Matshi 31, 2021), with operating income of 580.935 ibhiliyoni yen (RMB 34.548 ibhiliyoni) for the reporting period, phantsi 2.6% unyaka nonyaka. Inzuzo yokusebenza yaba 41,351 yen izigidi (RMB 2,460 isigidi), ukwanda kwe 12.5% unyaka nonyaka. Ordinary profit was 41,353 yen izigidi, ukwanda kwe 14.5% unyaka nonyaka. Net income attributable to shareholders of the parent company was 27.199 ibhiliyoni yen (RMB 1.618 ibhiliyoni), phezulu 15.3% unyaka nonyaka.

Ngokweendidi, TOTO Japan smart toilet Toilet revenue of 101.5 ibhiliyoni yen (6.05 billion yuan), ukwanda kwe 7% unyaka nonyaka. Sanitary ceramics revenue of 90.7 ibhiliyoni yen, faucets and other accessories revenue of 86 ibhiliyoni yen, the whole bathroom revenue of 89.3 ibhiliyoni yen, ikhitshi / bathroom cabinet revenue of 41.9 ibhiliyoni 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. Unyaka ongaphelelanga 2020, TOTO’s mainland China market revenue reached RMB 4.479 ibhiliyoni, phezulu 19% unyaka nonyaka. Operating profit was RMB873 million, phezulu 7% unyaka nonyaka. Revenue in Taiwan, eTshayina, reached NT$4.03 billion (RMB 940 isigidi), phezulu 6% unyaka nonyaka. Operating profit was NT$1.075 billion (RMB 250 isigidi), phezulu 13% unyaka nonyaka. According to KitchenAid, the revenue of the whole China market reached 5.415 ibhiliyoni, ukubalwa kwemali 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 yen izigidi (phantsi 13.5% unyaka nonyaka) and operating profit was 5,516 yen izigidi. Ukwengeza, 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 (phantsi 146% unyaka nonyaka).

Ngexesha lokunika ingxelo, the Americas market revenue was 35.792 ibhiliyoni yen, phezulu 10.6% unyaka nonyaka (RMB 2.13 ibhiliyoni), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% unyaka nonyaka ukuya 2.935 ibhiliyoni yen. Phakathi kwabo, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, ukubalwa kwemali 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. Kwixesha lokunika ingxelo, operating income in Europe was 3.988 ibhiliyoni yen, phezulu 6.2% (240 million yuan), and operating profit was 995 yen izigidi (966 million yen in the previous fiscal year).

Kwangolo suku, 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 ipesenti ukuya 50 ipesenti. 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. Ngaxeshanye, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.

Ukwengeza, TOTO expects revenue to increase by 9.9% unyaka nonyaka ukuya 635 billion yen and operating profit to increase by 11.0% unyaka nonyaka ukuya 44 billion yen in fiscal 2021. Oku, the residential equipment business in Japan will grow 11% ukuya 465 ibhiliyoni yen, while the overseas residential equipment business will grow 45% ukuya 200 ibhiliyoni yen. Ukwengeza, 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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