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Original Kitchen And Bathroom Industry Mainstream Media Kitchen And Bathroom Information
Sa Abril 28, TOTO announced its fiscal year 2020 performance report (Abril 1, 2020 to March 31, 2021), with operating income of 580.935 bilyong yen (RMB 34.548 bilyon na) for the reporting period, pababa na 2.6% taon taon na. Operating profit was 41,351 milyon yen (RMB 2,460 million), an increase of 12.5% taon taon na. Ordinary profit was 41,353 milyon yen, an increase of 14.5% taon taon na. Net income attributable to shareholders of the parent company was 27.199 bilyong yen (RMB 1.618 bilyon na), up 15.3% taon taon na.
In terms of categories, TOTO Japan smart toilet Toilet revenue of 101.5 bilyong yen (6.05 bilyong yuan), an increase of 7% taon taon na. Sanitary ceramics revenue of 90.7 bilyong yen, faucets and other accessories revenue of 86 bilyong yen, the whole bathroom revenue of 89.3 bilyong yen, kitchen / bathroom cabinet revenue of 41.9 bilyong 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 bilyon na, up 19% year-over-year. Operating profit was RMB873 million, up 7% year-over-year. Revenue in Taiwan, Tsina, reached NT$4.03 billion (RMB 940 million), up 6% year-over-year. Operating profit was NT$1.075 billion (RMB 250 million), up 13% year-over-year. According to KitchenAid, the revenue of the whole China market reached 5.415 bilyon na, accounting para sa 15.7% of the overall revenue, and the operating profit reached 1.123 bilyong yuan.
For the reporting period, operating income in Asia/Oceania was 28,184 milyon yen (pababa na 13.5% taon taon na) and operating profit was 5,516 milyon yen. Bukod pa rito, 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 (pababa na 146% taon taon na).
Sa panahon ng pagrereport, the Americas market revenue was 35.792 bilyong yen, up 10.6% taon taon na (RMB 2.13 bilyon na), 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 bilyong yen. Kabilang sa mga ito, from January to December, the Americas region’s revenue of Toilet Smart Toilet increased by 50%, accounting para sa 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 bilyong yen, up 6.2% (240 milyong yuan), and operating profit was 995 milyon 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 porsyento. 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. Kasabay nito, growth will be provided by expanding overseas markets due to the maturity of the Japanese smart toilet market.
Bukod pa rito, 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% to 465 bilyong yen, while the overseas residential equipment business will grow 45% to 200 bilyong yen. Bukod pa rito, 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.