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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 2019 JPYUSD
Revenue586,086M5,285.06M
Gross Profit208,892M1,883.69M
Operating income40,167M362.20M
Income before tax45,335M408.81M
Net income32,381M291.99M
EBITDA63,514M572.74M
Diluted EPS190.891.72
Dividends Per Share900.81
Total Assets574,960M5,194.56M
Total liabilities228,300M2,062.61M
Total equity339,196M3,064.51M
Operating cash flow14,593M131.59M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 544,509M 567,889M 567,305M 592,301M 586,086M
Gross Profit 202,898M 211,470M 213,772M 218,818M 208,892M
Operating income 37,426M 46,137M 47,447M 52,603M 40,167M
Income before tax 39,489M 51,288M 47,547M 54,254M 45,335M
Net income 24,813M 35,723M 32,960M 36,799M 32,381M
EBITDA 54,653M 64,534M 66,441M 73,960M 63,514M
Diluted EPS 147.16 211.44 194.35 216.95 190.89
Dividends Per Share 52 64 68 72 90
Total Assets 516,995M 536,265M 553,996M 564,319M 574,960M
Total liabilities 236,413M 250,743M 247,941M 222,097M 228,300M
Total equity 270,737M 276,565M 297,621M 333,763M 339,196M
Operating cash flow 34,713M 58,695M 62,604M 45,489M 14,593M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 4,956.54M 4,729.08M 5,238.87M 5,344.11M 5,285.06M
Gross Profit 1,846.93M 1,761.01M 1,974.11M 1,974.31M 1,883.69M
Operating income 340.68M 384.20M 438.15M 474.61M 362.20M
Income before tax 359.45M 427.10M 439.08M 489.51M 408.81M
Net income 225.86M 297.48M 304.37M 332.02M 291.99M
EBITDA 497.49M 537.40M 613.56M 667.31M 572.74M
Diluted EPS 1.33 1.76 1.79 1.95 1.72
Dividends Per Share 0.47 0.53 0.62 0.64 0.81
Total Assets 4,310.98M 4,771.25M 4,971.69M 5,306.24M 5,194.56M
Total liabilities 1,971.34M 2,230.90M 2,225.08M 2,088.35M 2,062.61M
Total equity 2,257.55M 2,460.65M 2,670.92M 3,138.34M 3,064.51M
Operating cash flow 315.98M 488.78M 578.12M 410.43M 131.59M

Valuation Measures

Mar 2019
PER24.54
ROA5.68%
ROE9.62%
Operating margin6.85%
Profit margin5.52%

Key executives

  • President & Representative Director: Madoka Kitamura
  • Representative Director, EVP & Head-Operations: Noriaki Kiyota
  • Executive Officer, GM-Accounting & Finance: Masayuki Yoshioka
  • Senior Executive Officer & GM-Technology: Shuji Inoue
  • Representative Director, EVP, & Head-Sales Related: Nozomu Morimura

Shareholders

  • Meiji Yasuda Life Insurance Co. (5.8%)
  • Nomura Asset Management Co., Ltd. (4.8%)
  • TOTO Ltd. (4.3%)
  • Massachusetts Financial Services Co. (3.5%)
  • Asset Management One Co., Ltd. (3.5%)
  • Fidelity Management & Research Co. (3.2%)
  • Nippon Life Insurance Co. (3.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.8%)
  • Mitsubishi UFJ Financial Group, Inc. (2.4%)
  • Nikko Asset Management Co., Ltd. (2.4%)

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 Group Corp.
  • Xiamen R & T Plumbing Technology Co., Ltd. Class A
Last Updated on 6 Dec, 2019

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