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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 2020 JPYUSD
Revenue596,497M5,486.25M
Gross Profit206,944M1,903.35M
Operating income36,761M338.10M
Income before tax33,700M309.95M
Net income23,583M216.90M
EBITDA62,104M571.19M
Diluted EPS139.011.27
Dividends Per Share900.82
Total Assets583,934M5,409.04M
Total liabilities242,791M2,249.00M
Total equity334,708M3,100.43M
Operating cash flow63,843M587.19M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 567,889M 567,305M 592,301M 586,086M 596,497M
Gross Profit 211,470M 213,772M 218,818M 208,892M 206,944M
Operating income 46,137M 47,447M 52,603M 40,167M 36,761M
Income before tax 51,288M 47,547M 54,254M 45,335M 33,700M
Net income 35,723M 32,960M 36,799M 32,381M 23,583M
EBITDA 64,534M 66,441M 73,960M 63,514M 62,104M
Diluted EPS 211.44 194.35 216.95 190.89 139.01
Dividends Per Share 64 68 72 90 90
Total Assets 536,265M 553,996M 564,319M 574,960M 583,934M
Total liabilities 250,743M 247,941M 222,097M 228,300M 242,791M
Total equity 276,565M 297,621M 333,763M 339,196M 334,708M
Operating cash flow 58,695M 62,604M 45,489M 14,593M 63,843M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 4,729.08M 5,238.87M 5,344.11M 5,285.06M 5,486.25M
Gross Profit 1,761.01M 1,974.11M 1,974.31M 1,883.69M 1,903.35M
Operating income 384.20M 438.15M 474.61M 362.20M 338.10M
Income before tax 427.10M 439.08M 489.51M 408.81M 309.95M
Net income 297.48M 304.37M 332.02M 291.99M 216.90M
EBITDA 537.40M 613.56M 667.31M 572.74M 571.19M
Diluted EPS 1.76 1.79 1.95 1.72 1.27
Dividends Per Share 0.53 0.62 0.64 0.81 0.82
Total Assets 4,771.25M 4,971.69M 5,306.24M 5,194.56M 5,409.04M
Total liabilities 2,230.90M 2,225.08M 2,088.35M 2,062.61M 2,249.00M
Total equity 2,460.65M 2,670.92M 3,138.34M 3,064.51M 3,100.43M
Operating cash flow 488.78M 578.12M 410.43M 131.59M 587.19M

Valuation Measures

Mar 2020
PER25.81
ROA4.06%
ROE6.99%
Operating margin6.16%
Profit margin3.95%

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%)
  • Asset Management One Co., Ltd. (3.5%)
  • Nippon Life Insurance Co. (3.0%)
  • Fidelity Management & Research Co. LLC (2.8%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.7%)
  • Nikko Asset Management Co., Ltd. (2.6%)
  • Daiwa Asset Management Co. Ltd. (2.5%)

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

  • Xiamen R & T Plumbing Technology Co., Ltd. Class A
Last Updated on 30 Oct, 2020

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