Toto Ltd.

TOTDY US

TOTDY USToto Ltd.

United States Composite

23.60

USD

+0.02

(+0.08%)

171.84EPS Dil.

0.14P/E

4.01BMarket Cap

Upgrade to Unlock Non-US CompaniesTo view real-time data and analysis of companies outside of the United States, upgrade your account to our premium subscription.

Upgrade

Ex-Dividend Date

March 30

Dividend Date

December 18

Held by Institutions

0.00%

Use logarithmic scale

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	2,518.78	2,647.18	2,777.99	3,266.03	3,238.89	3,370.66	3,392.45	3,500.87	3,461.82	3,522.29	3,429	3,806.61	4,135.11	4,120.27
Basic EPS, GAAP	29.72	54.21	98.9	260.37	147.59	212.03	200.06	217.5	191.26	139.26	160.54	236.74	229.66	171.97
Free Cash Flow per Basic Share	53.78	-23.72	118.84	146.9	25.62	162.96	166.99	30.43	-125.74	166.79	93.38	84.09	-28.02	- -
Dividend per Share	20.12	19.98	21.98	36.09	51.97	57.28	67.99	69.98	80.99	89.99	74.99	84.98	99.99	- -
Book Value per Share	1,048.08	1,078.97	1,153.16	1,345.57	1,318.36	1,465.23	1,597.16	1,724.48	1,834.42	1,882.56	1,967.35	2,114.81	2,243.9	2,300.11
Tangible Book Value per Share	986.67	1,014.34	1,175.6	1,448.11	1,579.13	1,596.84	1,717.63	1,921.12	1,939.63	1,897.06	2,076.38	2,296.28	2,545.07	2,731.34
Basic Weighted Avg Shares	172	171	171	169	168	168	169	169	169	169	169	170	170	170
Sales/Revenue/Turnover	433,557	452,686	476,275	553,448	544,509	567,889	573,819	592,301	586,086	596,497	580,935	645,273	701,187	698,809
Operating Margin (%)	3.23	4.15	4.91	8.53	6.87	8.12	8.46	8.88	6.85	6.16	7.12	8.09	7.01	5.5
Depreciation Expense	19,746	18,348	19,508	14,922	17,227	18,397	19,209	21,357	23,347	25,343	25,231	26,939	31,412	- -
Net Income, GAAP	5,115	9,270	16,956	44,122	24,813	35,723	33,839	36,798	32,380	23,583	27,199	40,131	38,943	29,167
Effective Tax Rate (%)	26.13	35.49	21.64	20.55	33.95	29.04	28.67	30.27	26.8	30.09	29.14	29.71	31.5	34.1
Profit Margin (%)	1.18	2.05	3.56	7.97	4.56	6.29	5.9	6.21	5.52	3.95	4.68	6.22	5.55	4.17
Working Capital	56,161	48,683	56,275	105,845	110,399	102,895	101,969	107,919	96,982	97,268	94,248	108,152	130,449	131,071
LT Debt	32,128	21,907	10,760	26,858	23,150	3,963	3,786	3,011	2,152	1,259	1,440	1,124	1,583	1,631
Total Equity	180,164	185,580	213,410	256,595	280,580	285,521	306,053	342,217	346,657	341,139	373,705	413,370	461,091	496,140
Return on Invested Capital (%)	4.15	4.98	7.14	12.85	7.68	9.84	10.18	10.02	7.34	6.22	6.59	7.82	6.76	4.97
Return on Capital (%)	1.86	3.57	6.59	15.94	8.45	12.22	10.81	11.04	8.78	6.15	6.51	9.42	8.57	6.86
Return on Common Equity (%)	2.87	5.1	8.86	20.82	11.08	15.21	13.07	13.09	10.75	7.49	8.34	11.6	10.54	7.6

Capital Structure

•

in mil. unless spec.

Working Capital

•

in mil. unless spec.

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)	10 years	5 years	1 year
Sales/Revenue/Turnover	4.1%	3.57%	8.67%
Net Income, GAAP	18.46%	4.15%	-2.96%
Free Cash Flow	-53.54%	-186.68%	-133.34%
Total Cash Common Dividend	17.91%	8.28%	17.7%
Total Equity	8.18%	6.28%	11.54%

Growth Rates

•

in mil. unless spec.

Quarterly Revenue

•

in mil. unless spec.

Quarterly Earnings Per Share

•

in mil. unless spec.

Quarterly Dividends Per Share

•

in mil. unless spec.

Company Description

Full Time Employees: 34,152
Sector: Industrials
Industry: Building Products & Equipment
Address: 1-1, Nakashima 2-chome Kitakyushu Japan 802-8601
IPO Date: Jan 5, 2010
Website: jp.toto.com
Business: Toto Ltd. manufactures and sells bathroom and kitchen plumbing fixtures worldwide. It provides sanitary ware comprising toilet basins, urinals, sinks, washbasins, etc.; system toilets; toilet seats; plumbing accessories, etc.; bathtubs; unit bathrooms; and fittings consisting of various faucets, drain fittings, etc. The company also offers modular kitchens; bathroom vanity units; marbright artificial marble counters; bathroom ventilation, heating, and drying systems; and welfare equipment, etc. In addition, it provides green building materials, such as tiles, ceramic slabs, etc.; and ceramics. The company was formerly known as TOTO Kiki Ltd. and changed its name to Toto Ltd. in 2007. Toto Ltd. was incorporated in 1917 and is headquartered in Kitakyushu, Japan.

Year	Q1	Q2	Q3	Q4	FY
2022	53.02	64.2	73.64	45.88	236.74
2023	62.15	49.03	102.72	15.76	229.66
2024	33.75	64.58	57.88	- -	- -

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	TTM
Revenue per Share	2,518.78	2,647.18	2,777.99	3,266.03	3,238.89	3,370.66	3,392.45	3,500.87	3,461.82	3,522.29	3,429	3,806.61	4,135.11	4,120.27
Basic EPS, GAAP	29.72	54.21	98.9	260.37	147.59	212.03	200.06	217.5	191.26	139.26	160.54	236.74	229.66	171.97
Free Cash Flow per Basic Share	53.78	-23.72	118.84	146.9	25.62	162.96	166.99	30.43	-125.74	166.79	93.38	84.09	-28.02	- -
Dividend per Share	20.12	19.98	21.98	36.09	51.97	57.28	67.99	69.98	80.99	89.99	74.99	84.98	99.99	- -
Book Value per Share	1,048.08	1,078.97	1,153.16	1,345.57	1,318.36	1,465.23	1,597.16	1,724.48	1,834.42	1,882.56	1,967.35	2,114.81	2,243.9	2,300.11
Tangible Book Value per Share	986.67	1,014.34	1,175.6	1,448.11	1,579.13	1,596.84	1,717.63	1,921.12	1,939.63	1,897.06	2,076.38	2,296.28	2,545.07	2,731.34
Basic Weighted Avg Shares	172	171	171	169	168	168	169	169	169	169	169	170	170	170
Sales/Revenue/Turnover	433,557	452,686	476,275	553,448	544,509	567,889	573,819	592,301	586,086	596,497	580,935	645,273	701,187	698,809
Operating Margin (%)	3.23	4.15	4.91	8.53	6.87	8.12	8.46	8.88	6.85	6.16	7.12	8.09	7.01	5.5
Depreciation Expense	19,746	18,348	19,508	14,922	17,227	18,397	19,209	21,357	23,347	25,343	25,231	26,939	31,412	- -
Net Income, GAAP	5,115	9,270	16,956	44,122	24,813	35,723	33,839	36,798	32,380	23,583	27,199	40,131	38,943	29,167
Effective Tax Rate (%)	26.13	35.49	21.64	20.55	33.95	29.04	28.67	30.27	26.8	30.09	29.14	29.71	31.5	34.1
Profit Margin (%)	1.18	2.05	3.56	7.97	4.56	6.29	5.9	6.21	5.52	3.95	4.68	6.22	5.55	4.17
Working Capital	56,161	48,683	56,275	105,845	110,399	102,895	101,969	107,919	96,982	97,268	94,248	108,152	130,449	131,071
LT Debt	32,128	21,907	10,760	26,858	23,150	3,963	3,786	3,011	2,152	1,259	1,440	1,124	1,583	1,631
Total Equity	180,164	185,580	213,410	256,595	280,580	285,521	306,053	342,217	346,657	341,139	373,705	413,370	461,091	496,140
Return on Invested Capital (%)	4.15	4.98	7.14	12.85	7.68	9.84	10.18	10.02	7.34	6.22	6.59	7.82	6.76	4.97
Return on Capital (%)	1.86	3.57	6.59	15.94	8.45	12.22	10.81	11.04	8.78	6.15	6.51	9.42	8.57	6.86
Return on Common Equity (%)	2.87	5.1	8.86	20.82	11.08	15.21	13.07	13.09	10.75	7.49	8.34	11.6	10.54	7.6

	Jun'24	Sep'24	Dec'24
ST Debt	23,134	23,526	23,135
LT Borrowings	1,649	1,675	1,631
LT Finance Leases	- -	- -	- -
Preferred Equity and Hybrid Capital	- -	- -	- -
Shares Outstanding	170	170	170
Market Capitalization	7,358	6,669	6,337

	Jun'24	Sep'24	Dec'24
Total Current Assets	330,451	360,222	348,927
Accounts Receivable, Net	93,482	102,271	104,667
Cash, Cash Equivalents & STI	74,397	102,354	85,014
Inventories	146,451	139,484	140,693
Total Current Liabilities	207,477	228,814	217,856
Payables & Accruals	74,885	85,793	79,676
ST Debt	23,134	23,526	23,135
Deferred Revenue	- -	- -	- -

Year	Q1	Q2	Q3	Q4	FY
2022	145,729	163,777	170,626	165,141	645,273
2023	153,472	174,216	199,455	174,044	701,187
2024	156,608	183,133	185,024	- -	- -