TOTO LTD. (TOTDF)

TOTO LTD. Income Statement

Financials in millions JPY. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	729,249	724,454	702,284	701,187	645,273	580,935
Revenue Growth (YoY)	1.31%	3.16%	0.16%	8.67%	11.07%	-2.61%
Cost of Revenue	474,369	470,386	463,284	458,217	408,382	368,440
Gross Profit	254,880	254,068	239,000	242,970	236,891	212,495
Selling, General & Admin	207,487	174,640	167,464	166,702	155,437	143,206
Research & Development	-	25,054	23,117	21,539	24,024	22,395
Operating Expenses	207,487	205,588	196,233	193,848	184,710	171,143
Operating Income	47,393	48,480	42,767	49,122	52,181	41,352
Interest Expense	-583	-318	-237	-76	-118	-165
Interest & Investment Income	2,881	3,153	3,333	3,323	2,482	2,338
Earnings From Equity Investments	1,465	1,260	626	1,168	476	-290
Currency Exchange Gain (Loss)	595	-1,792	5,618	2,011	3,346	792
Other Non Operating Income (Expenses)	687	403	390	-198	-605	-1,776
EBT Excluding Unusual Items	52,438	51,186	52,497	55,350	57,762	42,251
Gain (Loss) on Sale of Investments	10,244	8,055	2,687	48	1,581	-25
Gain (Loss) on Sale of Assets	-	-818	-979	-281	-807	-905
Asset Writedown	-35,183	-34,092	-	-	-	-
Other Unusual Items	-	-1	-	4,857	-670	-2,259
Pretax Income	14,276	24,330	54,205	59,974	57,866	39,062
Income Tax Expense	11,897	11,807	16,355	18,893	17,192	11,385
Earnings From Continuing Operations	2,379	12,523	37,850	41,081	40,674	27,677
Minority Interest in Earnings	1,927	-355	-654	-2,138	-543	-478
Net Income	4,306	12,168	37,196	38,943	40,131	27,199
Net Income to Common	4,306	12,168	37,196	38,943	40,131	27,199
Net Income Growth	-90.86%	-67.29%	-4.49%	-2.96%	47.55%	15.33%
Shares Outstanding (Basic)	167	170	170	170	170	169
Shares Outstanding (Diluted)	167	170	170	170	170	170
Shares Change (YoY)	-1.59%	0.01%	0.01%	0.01%	0.01%	0.01%
EPS (Basic)	25.79	71.72	219.30	229.66	236.74	160.54
EPS (Diluted)	25.78	71.68	219.14	229.47	236.50	160.30
EPS Growth	-90.71%	-67.29%	-4.50%	-2.97%	47.54%	15.31%
Free Cash Flow	-	26,828	25,181	3,827	19,235	20,814
Free Cash Flow Per Share	-	158.04	148.35	22.55	113.35	122.68
Dividend Per Share	100.000	100.000	100.000	100.000	95.000	70.000
Dividend Growth	-	-	-	5.26%	35.71%	-22.22%
Gross Margin	34.95%	35.07%	34.03%	34.65%	36.71%	36.58%
Operating Margin	6.50%	6.69%	6.09%	7.01%	8.09%	7.12%
Profit Margin	0.59%	1.68%	5.30%	5.55%	6.22%	4.68%
Free Cash Flow Margin	-	3.70%	3.59%	0.55%	2.98%	3.58%
EBITDA	-	83,498	76,903	80,534	79,120	66,583
EBITDA Margin	-	11.53%	10.95%	11.48%	12.26%	11.46%
D&A For EBITDA	35,680	35,018	34,136	31,412	26,939	25,231
EBIT	47,393	48,480	42,767	49,122	52,181	41,352
EBIT Margin	6.50%	6.69%	6.09%	7.00%	8.09%	7.12%
Effective Tax Rate	83.34%	48.53%	30.17%	31.50%	29.71%	29.15%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.