TYO:5332

3 stories mentioning TYO:5332

Every FINWIRES story that references TYO:5332, newest first.

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

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.

TYO:5332

Asia60d ago

Market Chatter: Naphtha Supply Fears Disrupt Japanese Manufacturers Despite Government Reassurances

Kansai Paint Co (TYO:4613) Despite official claims that Japan has enough naphtha for the next four months, many companies dependent on this oil derivative are halting orders or cutting production, Reuters News reported on Wednesday.Manufacturers of thinner-based products, including Kansai Paint(TYO:4613), face legal limits on hazardous material storage and have already adjusted deliveries and raised prices, threatening downstream sectors from plastic toys to housing construction, the publication said.A recent survey by the Japan Painting Contractors Association found that only 2.7% of firms can still obtain thinner as usual, underscoring widespread supply bottlenecks, the news wire said.Over the past week, more than a dozen companies such as Toto(TYO:5332) and Asahi Kasei (TYO:3407) have reported delivery disruptions or price hikes due to difficulties procuring naphtha-derived adhesives, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:3407TYO:4613TYO:5332

Asia61d ago

Katitas Flags Minimal Earnings Impact from TOTO Supply Curbs

Katitas (TYO:8919) said it expects limited impact on its business performance from reports that TOTO (TYO:5332) has suspended orders for unit baths, according to a Wednesday filing on the Tokyo Stock Exchange.The company said it has not recently placed orders with TOTO, limiting any immediate effect on operations. Katitas said that even if other housing equipment makers impose similar restrictions, the impact would likely remain modest given its business model.It said most properties it acquires already have installed equipment, reducing reliance on new procurement. The company can also deliver homes with existing fittings or carry out installations after handover if needed.

TYO:5332TYO:8919