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

Original køkken- og badeværelsesindustri Mainstream Media Information om køkken og badeværelse

Den april 28, TOTO announced its fiscal year 2020 performance report (April 1, 2020 til marts 31, 2021), with operating income of 580.935 milliarder yen (RMB 34.548 milliard) for the reporting period, ned 2.6% år efter år. Operating profit was 41,351 million yen (RMB 2,460 million), en stigning på 12.5% år efter år. Ordinary profit was 41,353 million yen, en stigning på 14.5% år efter år. Net income attributable to shareholders of the parent company was 27.199 milliarder yen (RMB 1.618 milliard), op 15.3% år efter år.

In terms of categories, TOTO Japan smart toilet Toilet revenue of 101.5 milliarder yen (6.05 milliarder yuan), en stigning på 7% år efter år. Sanitary ceramics revenue of 90.7 milliarder yen, faucets and other accessories revenue of 86 milliarder yen, the whole bathroom revenue of 89.3 milliarder yen, kitchen / bathroom cabinet revenue of 41.9 milliarder 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. fiscal year 2020, TOTO’s mainland China market revenue reached RMB 4.479 milliard, op 19% year-over-year. Operating profit was RMB873 million, op 7% year-over-year. Revenue in Taiwan, Kina, reached NT$4.03 billion (RMB 940 million), op 6% year-over-year. Operating profit was NT$1.075 billion (RMB 250 million), op 13% year-over-year. According to KitchenAid, the revenue of the whole China market reached 5.415 milliard, regnskab for 15.7% of the overall revenue, and the operating profit reached 1.123 milliarder yuan.

For the reporting period, operating income in Asia/Oceania was 28,184 million yen (ned 13.5% år efter år) and operating profit was 5,516 million yen. Ud over, 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 (ned 146% år efter år).

During the reporting period, the Americas market revenue was 35.792 milliarder yen, op 10.6% år efter år (RMB 2.13 milliard), and thanks to the surge in sales of smart toilets in Canada and the U.S., operating profit in the Americas increased 362.1% år til år til 2.935 milliarder yen. Blandt dem, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, regnskab for 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 milliarder yen, op 6.2% (240 millioner yuan), 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 procent. 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. På samme tid, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.

Ud over, TOTO expects revenue to increase by 9.9% år til år til 635 billion yen and operating profit to increase by 11.0% år til år til 44 billion yen in fiscal 2021. Of this, the residential equipment business in Japan will grow 11% til 465 milliarder yen, while the overseas residential equipment business will grow 45% til 200 milliarder yen. Ud over, 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.