Third Quarter Results
for Fiscal Year Ending March 2022
January 28, 2022
Copyright © TOTO LTD. All Rights Reserved.
Third Quarter Results for Fiscal Year Ending March 2022
Highlights
Increased sales and profits
Global housing equipment business (Japan): Increased sales and profits
◆Strong sales in the remodeling business led to increased sales and profits.
Global housing equipment business (Overseas): Increased sales and profits
◆Both sales and profits increased in the Mainland China.
◆Both sales and profits increased in the Asia business due to strong sales mainly in Taiwan region.
◆Both sales and profits increased in the Americas business, due to the continued steady performance of Washlet, which grew significantly last year.
New domain business: Increased sales and profits
◆Both sales and profits are increased in the ceramics business due to rising demand in the semiconductor market.
Copyright © TOTO LTD. All Rights Reserved. | 1 |
Financial results
Unit: Y billion
FY20 | FY21 | |||||
YoY | Currency- | Compared | ||||
9 months | 9 months | neutral basis | to 2019 | |||
Net Sales | 419.4 | 480.1 | +60.8 | +53.1 | +32.0 | |
(114%) | (113%) | (107%) | ||||
Operating Profit | 28.1 | 43.0 | +14.9 | +13.4 | +13.0 | |
[Operating Margin] | 【6.7%】 | 【9.0%】 | (153%) | (148%) | (143%) | |
Recurring | 27.6 | 45.9 | +18.3 | +14.6 | +13.7 | |
Profit | (166%) | (153%) | (142%) | |||
Profit attributable | 16.5 | 32.4 | +15.9 | +12.6 | +9.8 | |
to owners of parent | (196%) | (176%) | (143%) | |||
- Exchange rates
1Q, FY20 | 2Q, FY20 | 3Q, FY20 | 1Q, FY21 | 2Q, FY21 | 3Q, FY21 | |
1 $ | ¥108.9 | ¥107.6 | ¥106.2 | ¥106.1 | ¥109.5 | ¥110.1 |
1 CNY | ¥15.6 | ¥15.2 | ¥15.4 | ¥16.4 | ¥17.0 | ¥17.0 |
1 € | ¥120.1 | ¥118.6 | ¥124.1 | ¥127.8 | ¥131.9 | ¥129.8 |
Plan | vs. |
Plan | |
479.0 +1.1
(100%)
41.8 +1.2
【8.7%】 (103%)
43.7 +2.2
(105%)
31.2 +1.2
(104%)
Both sales and profits increased.
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Sales and profit by business segment
Unit: Y billion
＜Net Sales＞ | FY20 | FY21 | YoY |
9 months | 9 months | ||
Domestic H.E. | 308.2 | 331.3 | +23.0 |
(107%) | |||
Overseas H.E. | 96.5 | 127.8 | +31.3 |
(132%) | |||
New Domain | 14.5 | 20.9 | +6.5 |
(145%) | |||
Others | 0.2 | 0.2 | -0.0 |
Total | 419.4 | 480.1 | +60.8 |
(114%) | |||
＜Operating Profit＞ | FY20 | FY21 | YoY | ||
9 months | 9 months | ||||
Domestic H.E. | 16.6 | 20.6 | +4.0 | ||
(124%) | |||||
Overseas H.E. | 12.6 | 18.8 | +6.2 | ||
(149%) | |||||
New Domain | 1.0 | 5.9 | +4.9 | ||
（5.8times） | |||||
Others | -2.1 | -2.3 | -0.2 | ||
Total | 28.1 | 43.0 | +14.9 | ||
(153%) | |||||
Compared
to 2019
-6.0
(98%)
+29.0
(129%)
+9.0
(176%)
-0.0
+32.0
(107%)
Compared
to 2019
-2.5
(89%)
+9.0
(191%)
+6.0
+0.6
+13.0
(143%)
Plan | vs. |
Plan | |
330.9 | +0.3 |
(100%) | |
127.4 | +0.4 |
(100%) | |
20.6 | +0.4 |
(102%) | |
0.2 | +0.0 |
479.0 | +1.1 |
(100%) | |
Plan | vs. |
Plan | |
20.5 | +0.2 |
(101%) | |
18.4 | +0.4 |
(102%) | |
5.4 | +0.6 |
(111%) | |
-2.4 | +0.1 |
41.8 | +1.2 |
(103%) | |
Both sales and profits increased in all segments.
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