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Producer Manufacturing

TOTO Ltd.

Business Summary

TOTO Ltd. engages in the manufacture and sale of restroom, bath & 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 sale of housing equipment which includes sanitary ware, faucets, and systems kitchen. The New Business Domains segment covers environmental and ceramic products. The Others segment includes the real estate leasing business. It is also divided into three regions namely Japan, China and Asia, and Americas and Europe. The company was founded by Kazuchika Okura on May 15, 1917 and is headquartered in Kitakyushu, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue645,273M5,742.25M
Gross Profit231,639M2,061.34M
Operating income52,181M464.35M
Income before tax57,867M514.95M
Net income40,132M357.13M
EBITDA79,120M704.08M
Diluted EPS236.492.10
Dividends Per Share950.84
Total Assets641,025M5,281.35M
Total liabilities227,651M1,875.60M
Total equity405,735M3,342.82M
Operating cash flow49,356M439.21M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 592,301M 586,086M 596,497M 577,840M 645,273M
Gross Profit 218,818M 208,892M 206,944M 205,075M 231,639M
Operating income 52,603M 40,167M 36,761M 39,658M 52,181M
Income before tax 54,254M 45,335M 33,700M 38,746M 57,867M
Net income 36,799M 32,381M 23,583M 26,979M 40,132M
EBITDA 73,960M 63,514M 62,104M 64,889M 79,120M
Diluted EPS 216.95 190.89 139.01 159.00 236.49
Dividends Per Share 72 90 90 70 95
Total Assets 564,319M 574,960M 583,934M 646,011M 641,025M
Total liabilities 222,097M 228,300M 242,791M 272,836M 227,651M
Total equity 333,763M 339,196M 334,708M 366,495M 405,735M
Operating cash flow 45,489M 14,593M 63,843M 59,551M 49,356M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 5,344.11M 5,285.06M 5,486.25M 5,448.36M 5,742.25M
Gross Profit 1,974.31M 1,883.69M 1,903.35M 1,933.62M 2,061.34M
Operating income 474.61M 362.20M 338.10M 373.92M 464.35M
Income before tax 489.51M 408.81M 309.95M 365.33M 514.95M
Net income 332.02M 291.99M 216.90M 254.38M 357.13M
EBITDA 667.31M 572.74M 571.19M 611.82M 704.08M
Diluted EPS 1.95 1.72 1.27 1.49 2.10
Dividends Per Share 0.64 0.81 0.82 0.66 0.84
Total Assets 5,306.24M 5,194.56M 5,409.04M 5,846.25M 5,281.35M
Total liabilities 2,088.35M 2,062.61M 2,249.00M 2,469.10M 1,875.60M
Total equity 3,138.34M 3,064.51M 3,100.43M 3,316.69M 3,342.82M
Operating cash flow 410.43M 131.59M 587.19M 561.49M 439.21M

Valuation Measures

Mar 2022
PER20.86
ROA6.23%
ROE10.39%
Operating margin8.08%
Profit margin6.21%

Key executives

  • Executive President & Representative Director: Noriaki Kiyota
  • Director, Head-Legal Affairs, Finance & Accounting: Tomoyuki Taguchi
  • Manager-General Research: Noboru Niihara
  • Senior Executive Officer & GM-Technology: Ayumu Umemoto
  • Representative Director, EVP & Head-Legal Affairs: Satoshi Shirakawa

Shareholders

  • Meiji Yasuda Life Insurance Co. (5.8%)
  • Nomura Asset Management Co., Ltd. (5.2%)
  • TOTO Ltd. (4.1%)
  • Fidelity Management & Research Co. LLC (3.5%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.2%)
  • Nippon Life Insurance Co. (3.0%)
  • Nikko Asset Management Co., Ltd. (2.7%)
  • Mitsubishi UFJ Financial Group, Inc. (2.4%)
  • Daiwa Asset Management Co. Ltd. (2.4%)
  • The Vanguard Group, Inc. (2.1%)

Contact Details

  • Website:http://www.toto.co.jp
  • Address: 2-1-1 Nakashima, Kokurakita-Ku, Kitakyushu, 802-8601, Japan
  • Phone: +81.93.951.2106

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 12 Aug, 2022

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