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

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אויף אפריל 28, TOTO מודיע זיין פינאַנציעל יאָר 2020 פאָרשטעלונג באַריכט (אפריל 1, 2020 to March 31, 2021), with operating income of 580.935 ביליאָן יען (RMB 34.548 ביליאָן) for the reporting period, down 2.6% יאָר-צו-יאָר. Operating profit was 41,351 million yen (RMB 2,460 מיליאָן), אַ פאַרגרעסערן פון 12.5% יאָר-צו-יאָר. Ordinary profit was 41,353 million yen, אַ פאַרגרעסערן פון 14.5% יאָר-צו-יאָר. Net income attributable to shareholders of the parent company was 27.199 ביליאָן יען (RMB 1.618 ביליאָן), אַרויף 15.3% יאָר-צו-יאָר.

אין טערמינען פון קאַטעגאָריעס, TOTO Japan smart toilet Toilet revenue of 101.5 ביליאָן יען (6.05 ביליאָן יואַן), אַ פאַרגרעסערן פון 7% יאָר-צו-יאָר. היגיעניש סעראַמיקס רעוועך פון 90.7 ביליאָן יען, פאָסאַץ און אנדערע אַקסעסעריז רעוועך פון 86 ביליאָן יען, די גאנצע קלאָזעט רעוועך פון 89.3 ביליאָן יען, קיך / קלאָזעט קאַבינעט רעוועך פון 41.9 ביליאָן יען.

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. fiscal year 2020, TOTO’s mainland China market revenue reached RMB 4.479 ביליאָן, אַרויף 19% year-over-year. Operating profit was RMB873 million, אַרויף 7% year-over-year. Revenue in Taiwan, כינע, reached NT$4.03 billion (RMB 940 מיליאָן), אַרויף 6% year-over-year. Operating profit was NT$1.075 billion (RMB 250 מיליאָן), אַרויף 13% year-over-year. According to KitchenAid, the revenue of the whole China market reached 5.415 ביליאָן, אַקאַונטינג פֿאַר 15.7% פון די קוילעלדיק רעוועך, and the operating profit reached 1.123 ביליאָן יואַן.

For the reporting period, operating income in Asia/Oceania was 28,184 million yen (down 13.5% יאָר-צו-יאָר) and operating profit was 5,516 million yen. אין צוגאב, 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 (down 146% יאָר-צו-יאָר).

During the reporting period, the Americas market revenue was 35.792 ביליאָן יען, אַרויף 10.6% יאָר-צו-יאָר (RMB 2.13 ביליאָן), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% year-on-year to 2.935 ביליאָן יען. צווישן זיי, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, אַקאַונטינג פֿאַר 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 ביליאָן יען, אַרויף 6.2% (240 מיליאָן יואַן), and operating profit was 995 million 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 percent. 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. אין די זעלבע צייט, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.

אין צוגאב, TOTO expects revenue to increase by 9.9% year-on-year to 635 billion yen and operating profit to increase by 11.0% year-on-year to 44 billion yen in fiscal 2021. Of this, the residential equipment business in Japan will grow 11% צו 465 ביליאָן יען, while the overseas residential equipment business will grow 45% צו 200 ביליאָן יען. אין צוגאב, 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.