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Toto's Profit Soars 231% in Fiscal Year Ended March

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Toto's (TYO:5332) profit attributable to owners of the parent soared 231% to 40.26 billion yen for the fiscal year ended March 31 from 12.17 billion yen a year earlier.

The toilet manufacturer's earnings per share increased to 242.91 yen from 71.68 yen a year ago, according to a Tokyo bourse filing on Thursday.

Net sales rose 1.8% to 737.44 billion yen from 724.45 billion yen in the prior year.

In a separate disclosure, Toto raised its final dividend to 60 yen per share, from the forecast of 50 yen, payable from June 4.

For the fiscal year ending March 31, 2027, the company expects attributable profit of 46 billion yen, basic EPS of 279.78 yen, and net sales of 785 billion yen.

Toto plans to pay interim and year-end dividends of 60 yen each for the year.

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