TOTO Ltd
TSE:5332

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TOTO Ltd Logo
TOTO Ltd
TSE:5332
Watchlist
Price: 4 310 JPY 4.84% Market Closed
Market Cap: 717B JPY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+8%
5Y
+29%
10Y
+25%
Operating Income
+
3Y
-2%
5Y
+55%
10Y
-1%
Net Income
+
3Y
-90%
5Y
-74%
10Y
-88%

Earnings Waterfall
TOTO Ltd

Revenue
718.1B JPY
Cost of Revenue
-466.3B JPY
Gross Profit
251.8B JPY
Operating Expenses
-206.6B JPY
Operating Income
45.1B JPY
Other Expenses
-41.1B JPY
Net Income
4B JPY

Income Statement
TOTO Ltd

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Income Statement
Currency: JPY
Jun-2004 Sep-2004 Dec-2004 Jun-2005 Sep-2005 Dec-2005 Jun-2006 Sep-2006 Dec-2006 Jun-2007 Sep-2007 Dec-2007 Jun-2008 Sep-2008 Dec-2008 Jun-2009 Sep-2009 Dec-2009 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
0
0
0
0
0
0
0
0
0
0
0
0
261
0
0
206
0
0
112
223
311
418
410
400
388
382
365
343
322
280
236
204
180
165
154
140
146
132
127
129
125
120
130
125
0
76
51
35
46
75
76
76
76
50
62
79
95
113
127
122
140
165
160
162
161
118
117
146
0
76
143
158
230
237
220
243
273
318
0
0
Revenue
353 182
N/A
356 518
+1%
359 617
+1%
358 963
0%
360 471
+0%
361 711
+0%
367 112
+1%
369 886
+1%
377 924
+2%
377 253
0%
377 261
+0%
371 601
-2%
367 555
-1%
363 549
-1%
360 427
-1%
347 003
-4%
331 196
-5%
312 000
-6%
312 451
+0%
312 668
+0%
320 566
+3%
433 557
+35%
432 661
0%
440 128
+2%
442 695
+1%
452 686
+2%
460 672
+2%
460 858
+0%
468 046
+2%
476 275
+2%
485 372
+2%
503 539
+4%
523 538
+4%
553 448
+6%
554 845
+0%
550 098
-1%
550 228
+0%
544 509
-1%
556 308
+2%
572 766
+3%
573 443
+0%
567 889
-1%
569 864
+0%
566 763
-1%
565 774
0%
567 305
+0%
570 329
+1%
577 576
+1%
586 824
+2%
592 301
+1%
593 058
+0%
591 963
0%
589 098
0%
586 086
-1%
589 706
+1%
601 354
+2%
603 030
+0%
596 497
-1%
578 229
-3%
556 656
-4%
566 676
+2%
577 840
+2%
605 766
+5%
630 858
+4%
638 607
+1%
645 273
+1%
653 016
+1%
663 455
+2%
692 284
+4%
701 187
+1%
704 323
+0%
713 240
+1%
698 809
-2%
702 284
+0%
710 189
+1%
718 278
+1%
719 823
+0%
724 454
+1%
725 688
+0%
718 091
-1%
Gross Profit
Cost of Revenue
(224 724)
(225 155)
(225 950)
(226 274)
(229 259)
(231 656)
(235 797)
(239 655)
(246 543)
(247 217)
(246 443)
(242 821)
(245 135)
(243 982)
(244 735)
(231 331)
(220 294)
(203 566)
(200 708)
(197 671)
(200 470)
(273 259)
(271 653)
(276 587)
(280 217)
(286 803)
(293 172)
(294 323)
(297 866)
(303 231)
(308 511)
(317 447)
(327 164)
(341 780)
(341 900)
(338 167)
(340 679)
(337 285)
(344 352)
(353 751)
(352 624)
(351 599)
(352 044)
(349 823)
(349 028)
(348 407)
(352 315)
(357 080)
(362 997)
(368 148)
(368 619)
(369 894)
(371 931)
(371 565)
(376 054)
(385 432)
(385 752)
(383 152)
(371 220)
(358 502)
(362 704)
(367 242)
(382 669)
(399 473)
(408 807)
(408 382)
(415 015)
(423 634)
(440 397)
(458 217)
(465 284)
(472 250)
(464 078)
(463 284)
(463 466)
(466 235)
(465 538)
(470 386)
(472 006)
(466 338)
Gross Profit
128 458
N/A
131 363
+2%
133 667
+2%
132 689
-1%
131 212
-1%
130 055
-1%
131 315
+1%
130 231
-1%
131 381
+1%
130 036
-1%
130 818
+1%
128 780
-2%
122 420
-5%
119 567
-2%
115 692
-3%
115 672
0%
110 902
-4%
108 434
-2%
111 743
+3%
114 997
+3%
120 096
+4%
160 298
+33%
161 008
+0%
163 541
+2%
162 478
-1%
165 883
+2%
167 500
+1%
166 535
-1%
170 180
+2%
173 044
+2%
176 861
+2%
186 092
+5%
196 374
+6%
211 668
+8%
212 945
+1%
211 931
0%
209 549
-1%
207 224
-1%
211 956
+2%
219 015
+3%
220 819
+1%
216 290
-2%
217 820
+1%
216 940
0%
216 746
0%
218 898
+1%
218 014
0%
220 496
+1%
223 827
+2%
224 153
+0%
224 439
+0%
222 069
-1%
217 167
-2%
214 521
-1%
213 652
0%
215 922
+1%
217 278
+1%
213 345
-2%
207 009
-3%
198 154
-4%
203 972
+3%
210 598
+3%
223 097
+6%
231 385
+4%
229 800
-1%
236 891
+3%
238 001
+0%
239 821
+1%
251 887
+5%
242 970
-4%
239 039
-2%
240 990
+1%
234 731
-3%
239 000
+2%
246 723
+3%
252 043
+2%
254 285
+1%
254 068
0%
253 682
0%
251 753
-1%
Operating Income
Operating Expenses
(112 922)
(111 052)
(113 716)
(114 706)
(111 487)
(111 780)
(112 231)
(111 910)
(111 982)
(111 088)
(112 777)
(111 300)
(111 069)
(111 164)
(111 830)
(111 115)
(107 932)
(104 686)
(104 750)
(107 729)
(109 545)
(146 284)
(145 985)
(145 352)
(145 535)
(147 103)
(148 096)
(147 510)
(148 061)
(149 668)
(150 796)
(153 857)
(157 290)
(164 487)
(166 404)
(167 921)
(169 706)
(169 798)
(172 628)
(173 627)
(174 650)
(170 153)
(170 017)
(170 281)
(169 697)
(171 452)
(170 978)
(171 109)
(173 342)
(171 551)
(172 441)
(173 842)
(172 265)
(174 354)
(174 465)
(176 382)
(177 429)
(176 585)
(173 128)
(169 115)
(168 965)
(170 942)
(173 850)
(174 862)
(175 229)
(184 711)
(187 728)
(193 605)
(199 139)
(193 849)
(196 123)
(197 249)
(196 295)
(196 234)
(198 158)
(200 404)
(202 922)
(205 589)
(206 796)
(206 635)
Selling, General & Administrative
(107 179)
(107 675)
(109 846)
(110 836)
(111 487)
(111 780)
(112 231)
(111 910)
(111 982)
(111 088)
(112 777)
(111 300)
(111 069)
(111 164)
(111 830)
(111 115)
(107 932)
(104 686)
(104 750)
(107 729)
(109 545)
(125 122)
(145 985)
(145 352)
(145 535)
(125 332)
(148 095)
(147 509)
(148 060)
(128 985)
(150 795)
(153 856)
(157 289)
(143 044)
(166 401)
(167 919)
(169 704)
(147 004)
(172 626)
(173 626)
(174 648)
(146 234)
(170 017)
(170 279)
(169 696)
(146 937)
(170 977)
(171 107)
(173 341)
(145 621)
(172 441)
(173 842)
(172 265)
(147 567)
(174 464)
(176 382)
(177 428)
(148 716)
(173 126)
(169 114)
(168 963)
(143 022)
(173 850)
(174 861)
(175 228)
(155 434)
(187 726)
(193 603)
(199 138)
(166 663)
(196 122)
(197 248)
(196 294)
(167 457)
(198 157)
(200 403)
(202 921)
(174 639)
(206 795)
(206 634)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(15 606)
0
0
0
(16 643)
0
0
0
(15 983)
0
0
0
(17 428)
0
0
0
(18 466)
0
0
0
(19 098)
0
0
0
(19 388)
0
0
0
(20 594)
0
0
0
(21 158)
0
0
0
(21 467)
0
0
0
(22 395)
0
0
0
(24 024)
0
0
0
(21 539)
0
0
0
(23 117)
0
0
0
(25 054)
0
0
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(5 556)
0
0
0
(5 127)
0
0
0
(4 699)
0
0
0
(4 013)
0
0
0
(4 326)
0
0
0
(4 820)
0
0
0
(5 126)
0
0
0
(5 335)
0
0
0
(5 629)
0
0
0
(6 401)
0
0
0
(5 523)
0
0
0
(5 252)
0
0
0
(5 646)
0
0
0
(5 659)
0
0
0
(5 895)
0
0
Other Operating Expenses
(5 743)
(3 377)
(3 870)
(3 870)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
0
(1)
(1)
(1)
0
0
(2)
(3)
(2)
0
(2)
(2)
(1)
(2)
(1)
0
(2)
(1)
(1)
(1)
(2)
(1)
(1)
0
0
(1)
0
(2)
(1)
(1)
(1)
(2)
(1)
(2)
(2)
0
0
(1)
(1)
(2)
(2)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
0
(1)
(1)
(1)
(1)
Operating Income
15 536
N/A
20 311
+31%
19 951
-2%
17 983
-10%
19 725
+10%
18 275
-7%
19 084
+4%
18 321
-4%
19 399
+6%
18 948
-2%
18 041
-5%
17 480
-3%
11 351
-35%
8 403
-26%
3 862
-54%
4 557
+18%
2 970
-35%
3 748
+26%
6 993
+87%
7 268
+4%
10 551
+45%
14 014
+33%
15 023
+7%
18 189
+21%
16 943
-7%
18 780
+11%
19 404
+3%
19 025
-2%
22 119
+16%
23 376
+6%
26 065
+12%
32 235
+24%
39 084
+21%
47 181
+21%
46 541
-1%
44 010
-5%
39 843
-9%
37 426
-6%
39 328
+5%
45 388
+15%
46 169
+2%
46 137
0%
47 803
+4%
46 659
-2%
47 049
+1%
47 446
+1%
47 036
-1%
49 387
+5%
50 485
+2%
52 602
+4%
51 998
-1%
48 227
-7%
44 902
-7%
40 167
-11%
39 187
-2%
39 540
+1%
39 849
+1%
36 760
-8%
33 881
-8%
29 039
-14%
35 007
+21%
39 656
+13%
49 247
+24%
56 523
+15%
54 571
-3%
52 180
-4%
50 273
-4%
46 216
-8%
52 748
+14%
49 121
-7%
42 916
-13%
43 741
+2%
38 436
-12%
42 766
+11%
48 565
+14%
51 639
+6%
51 363
-1%
48 479
-6%
46 886
-3%
45 118
-4%
Pre-Tax Income
Interest Income Expense
0
0
0
0
0
0
0
0
0
0
0
0
518
885
250
52
(326)
971
890
889
418
1 021
1 257
1 331
1 701
1 730
1 768
2 023
2 916
3 741
4 226
4 302
4 182
3 751
3 139
4 006
4 644
5 032
5 659
4 956
3 877
3 048
1 487
1 765
3 458
3 608
5 137
5 139
4 038
3 929
4 408
4 663
4 487
7 016
5 882
5 564
5 556
2 883
2 511
2 059
589
2 767
3 999
4 630
6 484
8 049
11 854
13 981
7 985
6 472
6 510
7 982
9 823
12 027
11 012
4 771
15 952
10 358
6 087
14 371
Non-Reccuring Items
0
0
810
810
(1 284)
(655)
(655)
506
(1 304)
(1 304)
(2 231)
(1 302)
(1 355)
(3 780)
(3 096)
(3 281)
247
(1 774)
(3 451)
(3 331)
(2 518)
(6 438)
(4 876)
(4 836)
(6 982)
(4 348)
(4 572)
(4 118)
(3 808)
(4 227)
(3 306)
(3 080)
(2 248)
(3 544)
(3 316)
(4 179)
(3 510)
(3 004)
(3 352)
(3 233)
(2 839)
(263)
(480)
(552)
(823)
(2 365)
(2 056)
(1 790)
(1 719)
(979)
(1 005)
(884)
(918)
(1 058)
(1 084)
(802)
(560)
(3 802)
(5 327)
(6 323)
(6 679)
(3 277)
(1 908)
(1 033)
(924)
(1 794)
(1 960)
(3 477)
5 213
3 720
3 734
5 183
(3 504)
(982)
(747)
(934)
(950)
(34 911)
(34 946)
(48 112)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
229
517
1 524
1 295
1 039
42
42
30
20
(83)
0
0
0
17
0
(26)
(26)
8
4 816
4 844
9 570
9 536
4 728
4 726
(8)
745
1 033
4 575
4 604
3 851
3 595
53
32
278
246
212
293
47
40
74
(7)
478
0
0
0
(109)
0
0
0
(4)
13
13
13
35
0
0
330
312
0
297
3
3
0
0
0
0
0
0
Total Other Income
(1 256)
(1 178)
(1 387)
(1 413)
(1 008)
(1 847)
(1 876)
(3 000)
(1 255)
(1 375)
(939)
(2 459)
(1 954)
(2 856)
(1 149)
(1 261)
(625)
(249)
(150)
(392)
(485)
(390)
(518)
(453)
(562)
(538)
(860)
(952)
(492)
(421)
355
479
375
47
(396)
(196)
(458)
(710)
(531)
(542)
(583)
(1 485)
(1 638)
(2 203)
(2 224)
(1 420)
(1 301)
(1 195)
(1 512)
(1 345)
(1 466)
(1 351)
(591)
(1 268)
(740)
(689)
(1 294)
(2 032)
(1 992)
(1 601)
(1 757)
(396)
(117)
(81)
555
(603)
(685)
(593)
(762)
350
764
494
547
392
399
(3)
212
405
660
894
Pre-Tax Income
14 280
N/A
19 133
+34%
19 374
+1%
17 380
-10%
17 433
+0%
15 773
-10%
16 553
+5%
15 827
-4%
16 840
+6%
16 269
-3%
14 871
-9%
13 719
-8%
8 789
-36%
3 169
-64%
1 391
-56%
1 362
-2%
3 305
+143%
2 738
-17%
4 324
+58%
4 464
+3%
7 986
+79%
8 124
+2%
10 885
+34%
14 231
+31%
11 100
-22%
15 641
+41%
15 740
+1%
15 952
+1%
20 709
+30%
22 477
+9%
32 156
+43%
38 780
+21%
50 963
+31%
56 971
+12%
50 696
-11%
48 367
-5%
40 511
-16%
39 489
-3%
42 137
+7%
51 144
+21%
51 228
+0%
51 288
+0%
50 767
-1%
45 722
-10%
47 492
+4%
47 547
+0%
49 062
+3%
51 753
+5%
51 585
0%
54 254
+5%
53 975
-1%
50 729
-6%
47 873
-6%
45 335
-5%
43 245
-5%
43 613
+1%
43 551
0%
33 700
-23%
29 073
-14%
23 174
-20%
27 160
+17%
38 746
+43%
51 234
+32%
60 052
+17%
60 699
+1%
57 867
-5%
59 482
+3%
56 127
-6%
65 514
+17%
59 975
-8%
53 924
-10%
57 697
+7%
45 305
-21%
54 206
+20%
59 229
+9%
55 473
-6%
66 577
+20%
24 331
-63%
18 687
-23%
12 271
-34%
Net Income
Tax Provision
(5 624)
(7 900)
(7 484)
(6 592)
(6 415)
(6 326)
(6 744)
(6 236)
(5 940)
(5 731)
(4 960)
(4 410)
(2 823)
(1 761)
(10 980)
(12 350)
(12 976)
(2 870)
(3 171)
(2 607)
(2 601)
(2 120)
(1 514)
(2 352)
(3 821)
(5 552)
(5 681)
(4 983)
(3 842)
(4 864)
(6 888)
(6 803)
(12 400)
(11 706)
(10 697)
(12 790)
(9 887)
(13 407)
(14 021)
(15 994)
(16 062)
(14 892)
(15 086)
(13 988)
(14 546)
(13 682)
(14 612)
(15 841)
(16 031)
(16 422)
(16 192)
(14 807)
(14 186)
(12 149)
(11 693)
(11 265)
(10 999)
(10 142)
(8 123)
(7 950)
(9 136)
(11 289)
(15 422)
(16 798)
(17 028)
(17 192)
(17 285)
(16 844)
(19 659)
(18 893)
(17 696)
(18 607)
(15 448)
(16 355)
(18 291)
(17 289)
(18 853)
(11 807)
(8 667)
(10 266)
Income from Continuing Operations
8 656
11 233
11 890
10 788
11 018
9 447
9 809
9 591
10 900
10 538
9 911
9 309
5 966
1 408
(9 589)
(10 988)
(9 671)
(132)
1 153
1 857
5 385
6 004
9 371
11 879
7 279
10 089
10 059
10 969
16 867
17 613
25 268
31 977
38 563
45 265
39 999
35 577
30 624
26 082
28 116
35 150
35 166
36 396
35 681
31 734
32 946
33 865
34 450
35 912
35 554
37 832
37 783
35 922
33 687
33 186
31 552
32 348
32 552
23 558
20 950
15 224
18 024
27 457
35 812
43 254
43 671
40 675
42 197
39 283
45 855
41 082
36 228
39 090
29 857
37 851
40 938
38 184
47 724
12 524
10 020
2 005
Income to Minority Interest
(1 071)
(1 077)
(1 201)
(1 197)
(1 221)
(1 151)
(1 022)
(911)
(908)
(925)
(809)
(699)
(658)
(656)
(647)
(564)
(478)
(486)
(574)
(658)
(679)
(883)
(853)
(871)
(807)
(819)
(842)
(676)
(662)
(656)
(668)
(784)
(944)
(1 142)
(1 177)
(1 282)
(1 327)
(1 267)
(1 225)
(1 136)
(898)
(672)
(579)
(607)
(766)
(904)
(1 045)
(999)
(1 052)
(1 033)
(964)
(908)
(846)
(805)
(850)
(859)
(753)
25
451
351
322
(478)
(849)
(804)
(838)
(543)
(513)
(168)
(1 805)
(2 138)
(2 098)
(2 320)
(689)
(654)
(724)
(714)
(619)
(355)
(285)
2 004
Net Income (Common)
7 583
N/A
10 157
+34%
10 689
+5%
9 591
-10%
9 798
+2%
8 294
-15%
8 786
+6%
8 675
-1%
9 990
+15%
9 611
-4%
9 098
-5%
8 609
-5%
5 308
-38%
760
-86%
(10 239)
N/A
(11 556)
-13%
(10 156)
+12%
(619)
+94%
576
N/A
1 190
+107%
4 693
+294%
5 115
+9%
8 514
+66%
11 008
+29%
6 475
-41%
9 270
+43%
9 216
-1%
10 294
+12%
16 207
+57%
16 956
+5%
24 599
+45%
31 191
+27%
37 618
+21%
44 122
+17%
38 821
-12%
34 295
-12%
29 294
-15%
24 813
-15%
26 889
+8%
34 012
+26%
34 267
+1%
35 723
+4%
35 100
-2%
31 126
-11%
32 180
+3%
32 960
+2%
33 405
+1%
34 912
+5%
34 500
-1%
36 798
+7%
36 819
+0%
35 013
-5%
32 840
-6%
32 380
-1%
30 700
-5%
31 488
+3%
31 797
+1%
23 583
-26%
21 402
-9%
15 575
-27%
18 347
+18%
26 978
+47%
34 961
+30%
42 449
+21%
42 832
+1%
40 131
-6%
41 684
+4%
39 115
-6%
44 049
+13%
38 943
-12%
34 128
-12%
36 768
+8%
29 167
-21%
37 196
+28%
40 212
+8%
37 468
-7%
47 104
+26%
12 168
-74%
9 735
-20%
4 009
-59%
EPS (Diluted)
43.83
N/A
51.04
+16%
64.39
+26%
55.43
-14%
49.23
-11%
51.51
+5%
50.78
-1%
43.59
-14%
60.54
+39%
55.55
-8%
51.98
-6%
49.76
-4%
30.68
-38%
4.34
-86%
-59.18
N/A
-66.79
-13%
-58.03
+13%
-3.58
+94%
3.32
N/A
6.87
+107%
27.28
+297%
29.73
+9%
49.78
+67%
64
+29%
37.86
-41%
54.21
+43%
53.58
-1%
59.84
+12%
94.22
+57%
98.58
+5%
143.01
+45%
182.4
+28%
223.91
+23%
259.54
+16%
229.71
-11%
202.92
-12%
173.33
-15%
147.15
-15%
159.1
+8%
201.25
+26%
202.76
+1%
211.44
+4%
206.47
-2%
183.09
-11%
189.29
+3%
194.35
+3%
196.5
+1%
205.36
+5%
202.94
-1%
216.96
+7%
216.58
0%
205.95
-5%
193.6
-6%
190.9
-1%
180.99
-5%
185.6
+3%
187.44
+1%
139.01
-26%
126.15
-9%
91.8
-27%
108.12
+18%
159.01
+47%
206.05
+30%
250.14
+21%
252.66
+1%
236.49
-6%
245.64
+4%
230.65
-6%
259.09
+12%
229.46
-11%
201.08
-12%
216.61
+8%
171.84
-21%
219.14
+28%
236.92
+8%
220.85
-7%
277.64
+26%
71.68
-74%
57.58
-20%
24.31
-58%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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