Toto Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Dividend Guidance for the Full Year Ending March 31, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
January 29, 2016 at 05:13 pm EST
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Toto Ltd. reported consolidated earnings results for the nine months ended December 31, 2015. For the period, the company reported net sales were ¥418,041 million against ¥389,107 million a year ago. Operating income was ¥33,931 million against ¥25,188 million a year ago. Profit attributable to owners of the parent was ¥28,278 million or ¥167.52 per share against ¥18,824 million or ¥111.66 per share a year ago. Income before income taxes and minority interests were ¥39,793 million against ¥28,054 million a year ago.
The company provided dividend guidance for the full year ending March 31, 2016. For the year, the company expects a dividend of ¥30.00 per share against ¥13.00 per share a year ago.
The company provided consolidated earnings guidance for the full year ending March 31, 2016. For the year, the company expects net sales were ¥581,200 million, operating income was ¥45,500 million and profit attributable to owners of the parent was ¥34,500 million or ¥205.06 per share.
TOTO Ltd. specializes in manufacturing and marketing sanitary equipments and building materials. Net sales break down by family of products as follows:
- sanitary equipments (95.5%): toilets, bathrooms equipment (sinks, washbasins, bathtubs, ventilation, drying, heating systems, hand dryers, etc.), kitchen equipments, plumbing accessories, etc. Net sales break down by country into Japan (75.2%), China (12.5%), Asia and Oceania (5.1%), Americas (6.5%) and Europe (0.7%)
- building materials (4.5%): ceramic products (77.6% of net sales), tiles and floor and wall coating materials (22.4%).
Toto Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2015; Provides Dividend Guidance for the Full Year Ending March 31, 2016; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2016
TOTO LTD 
