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Producer Manufacturing

TOTO Ltd.

Business Summary

TOTO Ltd. engages in the manufacture and sale of restroom, bath and kitchen equipment, ceramics, and eco-friendly materials. It operates through the following segments: Global Housing Equipment Business, New Business Domains, and Others. The Global Housing Equipment Business segment handles the sales of housing equipment which includes sanitary ware, faucets, and system kitchen. It is also divided into three regions namely Japan, China and Asia, and Americas and Europe. The New Business Domains segment covers environmental and ceramic products. The Others segment includes the real estate leasing business. The company was founded by Kazuchika Okura on May 15, 1917 and is headquartered in Kitakyushu, Japan.

Financial Highlights

Mar 2021 JPYUSD
Revenue580,935M5,477.55M
Gross Profit206,972M1,951.50M
Operating income41,352M389.90M
Income before tax39,064M368.32M
Net income27,200M256.46M
EBITDA66,583M627.80M
Diluted EPS160.301.51
Dividends Per Share700.66
Total Assets647,635M5,860.95M
Total liabilities273,926M2,478.96M
Total equity367,029M3,321.52M
Operating cash flow59,551M561.49M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 567,305M 592,301M 586,086M 596,497M 580,935M
Gross Profit 213,772M 218,818M 208,892M 206,944M 206,972M
Operating income 47,447M 52,603M 40,167M 36,761M 41,352M
Income before tax 47,547M 54,254M 45,335M 33,700M 39,064M
Net income 32,960M 36,799M 32,381M 23,583M 27,200M
EBITDA 66,441M 73,960M 63,514M 62,104M 66,583M
Diluted EPS 194.35 216.95 190.89 139.01 160.30
Dividends Per Share 68 72 90 90 70
Total Assets 553,996M 564,319M 574,960M 583,934M 647,635M
Total liabilities 247,941M 222,097M 228,300M 242,791M 273,926M
Total equity 297,621M 333,763M 339,196M 334,708M 367,029M
Operating cash flow 62,604M 45,489M 14,593M 63,843M 59,551M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 5,238.87M 5,344.11M 5,285.06M 5,486.25M 5,477.55M
Gross Profit 1,974.11M 1,974.31M 1,883.69M 1,903.35M 1,951.50M
Operating income 438.15M 474.61M 362.20M 338.10M 389.90M
Income before tax 439.08M 489.51M 408.81M 309.95M 368.32M
Net income 304.37M 332.02M 291.99M 216.90M 256.46M
EBITDA 613.56M 667.31M 572.74M 571.19M 627.80M
Diluted EPS 1.79 1.95 1.72 1.27 1.51
Dividends Per Share 0.62 0.64 0.81 0.82 0.66
Total Assets 4,971.69M 5,306.24M 5,194.56M 5,409.04M 5,860.95M
Total liabilities 2,225.08M 2,088.35M 2,062.61M 2,249.00M 2,478.96M
Total equity 2,670.92M 3,138.34M 3,064.51M 3,100.43M 3,321.52M
Operating cash flow 578.12M 410.43M 131.59M 587.19M 561.49M

Valuation Measures

Mar 2021
PER42.35
ROA4.41%
ROE7.75%
Operating margin7.11%
Profit margin4.68%

Key executives

  • President & Representative Director: Noriaki Kiyota
  • Executive Officer, GM-Accounting & Finance: Masayuki Yoshioka
  • Senior Executive Officer & GM-Technology: Shuji Inoue
  • Representative Director & Executive Vice President: Satoshi Shirakawa
  • Director & Managing Executive Officer: Taiichi Aso

Shareholders

  • Meiji Yasuda Life Insurance Co. (5.8%)
  • Nomura Asset Management Co., Ltd. (5.5%)
  • Invesco Asset Management (Japan) Ltd. (4.9%)
  • TOTO Ltd. (4.2%)
  • Fidelity Management & Research Co. LLC (3.7%)
  • Asset Management One Co., Ltd. (3.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
  • Nippon Life Insurance Co. (3.0%)
  • Nikko Asset Management Co., Ltd. (2.7%)
  • Daiwa Asset Management Co. Ltd. (2.6%)

Contact Details

  • Website:http://www.toto.co.jp
  • Address: 2-1-1 Nakashima, Kokurakita-Ku, Kitakyushu, 802-8601, Japan
  • Phone: +81.93.951.2052

Related Companies

  • Toto Restricted Stock Compensation Plan
  • TOTO Aquatechno Ltd.
  • TOTO do Brasil Distribuicao e Comercio Ltda.
  • Voreto (Xiamen) Plumbing Technology Co. Ltd.
  • Nittai Ningbo Ceramics Co. Ltd.
  • TOTO East China Co. Ltd.
  • TOTO (Guangzhou) Co. Ltd.
  • Toto (Shanghai) Co. Ltd.
  • TOTO Korea Ltd.
  • TOTO (Fujian) Co. Ltd.
  • Beijing Toto Co. Ltd.
  • Toto Asia Oceania Pte Ltd.
  • TOTO Malaysia Sdn. Bhd.
  • TOTO (China) Co., Ltd.
  • TOTO Maintenance Ltd.
  • TOTO Kansai Sales Ltd.
  • TOTO Fine Ceramics Ltd.
  • Toto Logicom Ltd.
  • TOTO Employee Stock Ownership Plan
  • TOTO Vietnam Co. Ltd.
  • Royal Toto Metal Co., Ltd.
  • Kelim Toto Co., Ltd.
  • Taiwan TOTO Co. Ltd.
  • Total Ltd.
  • Nanjing TOTO Co. Ltd.
  • Toto Finance Co. Ltd.
  • TOTO Americas Holdings Inc.
  • TOTO Mexico SA de CV
  • Nakayama Kenzai KK
  • TOTO High Living Ltd.

Competitors

  • LIXIL Corporation
  • Xiamen R & T Plumbing Technology Co., Ltd. Class A
Last Updated on 17 Sep, 2021

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