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Fiscal Year 2012
First Half Results and Full Year Plan
October 31, 2012
TOTO
This notice has been translated from the original notice in Japanese.
In the event of any discrepancy, the original in Japanese shall prevail.
2
1.Financial Results for First half of FY2012
2.FY2012 Full Year Financial Plan
Contents
3.Topics of FY2012
1) Domestic Housing Equipment Business
2) Overseas Housing Equipment Business
3) New Domain Business
4) Promotion of the TOTO V-Plan 2017
The Company’s income and profit increased.
Sales increased in both Domestic and Overseas Housing Equipment businesses.
The Company also achieved cost reductions exceeding the targets.
[Domestic Housing Equipment Business]
- Thanks to an increase in the demand for home renovation as well as strong sales in public
facility remodeling, sales in the Remodeling business increased by 4% compared to last year.
- New Housing Sales increased by 2% compared to last year due to recovery in new housing
demand.
[Overseas Housing Equipment Business]
- The Company achieved increased income and profit despite a slight downturn in the global
economy.
- Thanks partly to a gradual market recovery, sales in the United States increased by 8%
compared to last year (*on a local currency basis).
- Despite signs of an economic downturn, sales in China increased by 12% (*) compared to last
year as a result of our business expansion into inland areas.
[New Domain Business]
- In the Environmental Construction Materials business, sales increased by 5% compared to last
year thanks to strong sales for house manufacturers.
- In the Ceramics business, the Company posted decreased income and profit as a result of
continued global market adjustments in IT industries. 3
2Q, FY2012 Results
4
Increased in sales and profit
■Financial results
2Q, FY11 YoY Difference
Results Plan Results (%)
+8.1
(+4%)
+0.2
(+4%)
+0.6
(+9%)
+1.0
-0.2-1.1
4.13.5
Net Sales 220.0
6.36.1
211.9 220.0
6.0
-1.0
2Q, FY12
6.2Recurring Profit
Operating Profit
6.8
Net Profit
Extraordinary Loss
5.5
3.0
-0.9
2Q, FY2012 Results
5
0
2
4
6
8
<Operating Profit>
Domestic H.E. 5.4 6.3
(Remodeling) 4.5 5.3
(New Housing) 0.9 1.0
Overseas H.E. 3.3 3.4
New Domain -1.3 -2.0
Others -1.3 -1.3
174.0 180.4
30.7 33.0
7.0 6.4
0
50
100
150
200
250
2Q,FY11 2Q,FY12
Others
New Domain
Overseas H.E.
Domestic H.E.
220.0
New Housing
56.6
(+7%)
( )= YoY difference
(+4%)
New Domain
New Housing
57.9
(+2%)
Remodeling
122.4
(+4%)
211.9
2Q,FY11 2Q,FY12
6.3 6.1
(+4%)
(-7%)
Remodeling
117.4
Increased in sales and profit
as domestic (new housing + remodeling) business and overseas business achieved growth
※Y billion, rounded down
■Sales and profit by business segment
2Q, FY2012 Results
2Q,FY11
Sales Sales YoY Operating YoY
(%) Profit (Y billion)
Restroom Products Total 68.4 71.1 +4% 7.0 -0.9
Fittings 39.0 41.0 +5%
Bathrooms 37.1 35.6 -4%
Modular Kitchens/Basins 18.9 19.0 +1%
Bath/Kitchen Products Total 95.0 95.6 +1% -1.3 +0.4
Others Totatl 15.4 18.0 +17% 0.7 +1.5
Total(Before adjustment) 178.9 184.8 +3% 6.3 +0.9
Domestic H.E. Total 174.0 180.4 +4% 6.3 +0.9
2Q,FY12
*2
*1: Revised from April as there were correction in announced results
*2: Internal sales or sales transferred between different segments
6
■Sales per products in domestic housing equipment
※Y billion, rounded down
*1
*1
*1
2Q, FY2012 Results
In Local Currency In Japanese Yen($ million, rounded down) (JPY billion)
Americas 2Q,FY11 2Q,FY12 YoY 2Q,FY11 2Q,FY12 YoY
Net Sales 96.5 104.8 +8% 7.79 8.31 +7%
Operating Profit -2.0 0.1 - -0.16 0.01 -
(Exchange rate JPY/US$) 80.7 79.3
(Billion Chineseyuan, rounded down) (JPY billion)
China 2Q,FY11 2Q,FY12 YoY 2Q,FY11 2Q,FY12 YoY
Net Sales 1.25 1.40 +12% 15.63 17.56 +12%
Operating Profit 0.28 0.27 -1% 3.44 3.43 -0%
(Exchange rate JPY/RMB) 12.5 12.6
($ million, rounded down) (JPY billion)
Asian & Oceanian Region 2Q,FY11 2Q,FY12 YoY 2Q,FY11 2Q,FY12 YoY
Net Sales 75.2 75.1 -0% 6.07 5.96 -2%
Operating Profit 6.0 3.8 -37% 0.48 0.30 -38%
(Exchange rate JPY/US$) 80.7 79.3
(€ million, rounded down) (JPY billion)
Europe 2Q,FY11 2Q,FY12 YoY 2Q,FY11 2Q,FY12 YoY
Net Sales 10.6 12.0 +12% 1.24 1.18 -5%
Operating Profit -3.5 -3.1 - -0.41 -0.31 -
(Exchange rate JPY/Euro) 116.8 98.7
(JPY billion)
2Q,FY11 2Q,FY12
Result Result YoY
30.75 33.02 +7%
3.34 3.43 +3%
TOTAL
7
■Sales and profit per region in Overseas housing equipment
Increased in sales and profit as
Americas and China business achieved robust growth
2Q, FY2012 Results
8
■Cause of increase/decrease of operating profit
Positive Usual Cost Reduction +1.9
Factors V Plan Cost Reduction +2.1
Increase in Remodeling Sales +1.8
Increase in New Housing Sales +0.4
Increase in Overseas Sales +0.1
Negative Increase in material price
Factors V Plan investment -1.7
Increase in sales activities
Increase in labor cost -0.8
Respond to the expansion of volume zone market -0.8
Others -1.1
Total
2Q,FY12
Result
-0.5
+0.2
Cost Reduction
-1.2
+4.0
※Y billion, rounded down
2Q, FY2012 Results
9
1.Financial Results for First half of FY2012
2.FY2012 Full Year Financial Plan
Contents
3.Topics of FY2012
1) Domestic Housing Equipment Business
2) Overseas Housing Equipment Business
3) New Domain Business
4) Promotion of the TOTO V-Plan 2017
The Company plans to achieve increased income and profit.
10
[Revision in Performance Forecast]
- Taking into consideration the risk of falling demand in the Overseas Housing Equipment
business, the Company has revised its sales forecast downward.
- Thanks to sales from new products and the promotion of cost reductions, there is no
revision in the Company’s profit plan.
[Domestic Housing Equipment Business]
- The Company plans to increase Remodeling sales by 4% through enhanced remodeling
strategies using showrooms.
[Overseas Housing Equipment Business]
- The Company plans to increase sales in all regions, including Americas, China, Europe,
and Asia-Oceania.
- The Company plans to continue observing the changing business conditions,
especially the signs of economic downturns in China and elsewhere in Asia.
[New Domain Business]
- In both the Environmental Construction Materials and Ceramics businesses,
the Company plans to focus its efforts on high-priority areas.
FY2012 Annual Plan Overview
FY11 YoY
Results Former Plan Revised Plan (%)
+18.3
(+4%)
+2.2
(+12%)
+2.5
(+13%)Recurring Profit
Net Profit
Extraordinary Loss -4.5
13.0
Operating Profit
22.022.019.5
9.2
Net Sales 471.0
21.018.7
475.0
21.0
452.6
FY12
-3.9 -4.5
13.0+3.7
(+40%)
-0.7
11
■Financial Plan
※Y billion, rounded down
FY2012 Plan
375.4 386.5 388.2
62.6 71.5 67.6
14.416.8 15.0
0
100
200
300
400
500
Others
New Domain
Overseas H.E.
Domestic H.E.
0
4
8
12
16
20
24
Domestic H.E. 17.2 18.0 20.0
(Remodeling) 14.2 14.9 16.6
(New Housing) 2.9 3.0 3.3
Overseas D.E. 7.0 8.4 7.4
New Domain -2.9 -2.6 -3.6
Others -2.5 -2.8 -2.8
452.6 475.0
New Housing
126.9
(+14%)
New Housing
127.5
(±0%)
Remodeling
258.9
(+4%)
Others 0.1
New Domain New Domain
New Housing
129.2
(+2%)
Remodeling
258.9
(+4%)
471.0
FY11 Result
FY12 Revised
Plan
18.7 21.0 21.0
830 thousands 800 thousands (-4%) 860 thousands (+3%) …New housing starts (Jan-Dec)
810 thousands 810 thousands (-1%) 850 thousands (+5%) …New housing starts on delivery base
(+3%)
(+16%)
Remodeling
248.4
FY11
Results
FY12
Former Plan
FY12
Revised Plan
<Operating Profit>
(+3%)
(+8%)
New Domain
15.0
12
Revised domestic new housing target upside by revising housing starts forecast,
Revised Overseas target downside due to Asian economic slowdown
■Sales and profit by business segment
※Y billion, rounded down ( )= YoY difference
Others 0.2
Others 0.2 (+4%)
(+5%) (+4%)
FY12 Former
Plan
FY2012 Plan
FY11
Sales Sales YoY Operating YoY
(%) Profit (Y billion)
Restroom Products Total 146.1 148.8 +2% 16.5 -0.6
Fittings 86.4 89.4 +3%
Bathrooms 74.1 73.9 -0%
Modular Kitchens/Basins 39.9 41.5 +4%
Bath/Kitchen Products Total 200.5 204.8 +2% 1.4 +2.8
Others Totatl 39.2 43.6 +11% 2.1 +0.6
Total(Before adjustment) 385.9 397.2 +3% 20.0 +2.8
Domestic H.E. Total 375.4 388.2 +3% 20.0 +2.8
FY12
13
■Sales per products in domestic housing equipment
※Y billion, rounded down
*2
*1: Revised from April as there were correction in announced results
*2: Internal sales or sales transferred between different segments
*1
*1
*1
FY2012 Plan
14
Increase in sales and profit though we see slowdown in
Chinese real estate market and some Asian economy
■Sales and profit per region in Overseas housing equipment In Local Currency In Japanese Yen
($ million, rounded down) (JPY billion)
Americas FY11 FY12 FY11 FY12
Results Plan YoY Results Plan YoY
Net Sales 191.9 207.6 +8% 14.91 16.40 +10%
Operating Profit -8.3 3.8 - -0.64 0.30 -
(Exchange rate JPY/US$) 77.7 79.0
(Billion Chineseyuan, rounded down) (JPY billion)
China FY11 FY12 FY11 FY12
Results Plan YoY Results Plan YoY
Net Sales 2.74 2.91 +6% 33.77 35.80 +6%
Operating Profit 0.59 0.56 -6% 7.29 6.85 -6%
(Exchange rate JPY/RMB) 12.3 12.3
($ million, rounded down) (JPY billion)
Asian & Oceanian Region FY11 FY12 FY11 FY12
Results Plan YoY Results Plan YoY
Net Sales 153.8 163.3 +6% 11.95 12.90 +8%
Operating Profit 15.0 10.8 -28% 1.16 0.85 -27%
(Exchange rate JPY/US$) 77.7 79.0
(€ million, rounded down) (JPY billion)
Europe FY11 FY12 FY11 FY12
Results Plan YoY Results Plan YoY
Net Sales 19.4 26.3 +35% 1.95 2.50 +28%
Operating Profit -7.8 -6.3 - -0.78 -0.60 -
(Exchange rate JPY/Euro) 100.7 95.0
(JPY billion)
FY11 FY12
Results Plan YoY
62.60 67.60 +8%
7.02 7.40 +5%
TOTAL
FY2012 Plan
15
■Cause of increase/decrease of operating profit
※Y billion, rounded down
Positive Usual Cost Reduction + 4.3 + 4.0
Factors V Plan Cost Reduction + 4.1 + 3.6
Increase in Remodeling Sales + 3.7 + 3.6
Increase in New housing sales + 0.7 +0.2
Increase in Overseas Sales + 0.3 + 1.4
Negative Increase in material prices -1.2 -1.8
Factors V Plan investments (Initial cost for new plat etc) -2.5 -2.6
Strengthening investment sales -2.1 -2.1
Increase in labor cost -1.8 -1.8
Respond to the expansion of volume zone market -1.7 -1.4
Others -1.6 -0.9
TOTAL +2.2 +2.2
FY12Plan
(Former)
+ 7.6+ 8.4Cost Reduction
FY12Plan
(Revised)
FY2012 Plan
16
Annual dividend is 12.0 yen as originally planed
■Dividend
FY2011
Results
FY2012
Plan
1H Y5.0 Y6.0
2H Y5.0 Y6.0
Full Year Y10.0 Y12.0
FY2012 Plan
17
1.Financial Results for First half of FY2012
2.FY2012 Full Year Financial Plan
Contents
3.Topics of FY2012
1) Domestic Housing Equipment Business
2) Overseas Housing Equipment Business
3) New Domain Business
4) Promotion of the TOTO V-Plan 2017
18
• Opening of the TDY Tokyo Collaboration Showroom: November 3 (Sat.), 2012
■ Running of TDY* Collaboration Showrooms
1) Domestic Housing Equipment Business
TDY General Reception (conceptual drawing)
Raise remodeling customer satisfaction through three-company collaboration-based space
proposals provided based on the TDY alliance platform that has been built over the past decade
*TDY Alliance:
In February 2002, TOTO, DAIKEN, and YKK AP entered
into a business alliance for product planning/ development
and a marketing support framework. Together, we aim to
present pleasant living spaces by giving customers better-
than-expected satisfaction based on our enhanced
remodeling space proposal abilities. February 2012 marked
the 10th anniversary of this alliance.
Kitchen Studio (conceptual drawing)
• Opening of the TY Fukuoka Collaboration Showroom (July 2012)
First collaboration showroom in Kyushu.
Collaborating with DAIKEN’s showroom and
Seibu Gas company’s adjacent showroom to
increase the number of visitors
TDY Collaboration Space Display
7th and 8th floors of JR Minami Shinjuku
Building
Display space: Approx. 1,120 tsubo (3,700 m2)
TD collaboration display space: Approx. 60 tsubo (198 m2)
TOTO: Approx. 500 tsubo (1,650 m2)
DAIKEN: Approx. 180 tsubo (594 m2)
YKK AP: Approx. 250 tsubo (625 m2)
The largest display space in Japan for each of
these companies
TDY’s flagship showroom launched in Tokyo to advertise products for the TDY alliance
Increase in the number of visitors
by approx. 120% over last year
19
Usage-based design proposals for
public facilities
Enhancing design proposals for public facilities through the Technical Center
Detailed design proposals in special seminars and annual magazines for special facilities,
such as hospitals, nursing care facilities and schools
Enhancement of design proposals for
professional designers and planners
• Relocation of the TOTO Technical Center Opened on November 3, 2012
Enhancement of displays of toilets for public facilities, including
commercial facilities, schools and hospitals, as well as displays
that enable visitors to experience our technologies; extension of
the meeting hall for design proposal presentations (maximum
capacity 150); wide-ranging guidance for professional designers
and planners visiting the Technical Center, in conjunction with
the TDY Collaboration Showroom, an annex to the Center
• For hospitals and nursing care facilities
Display at the International Home Care and Rehabilitation
Exhibition (HCR): September 2012
Reference exhibit: bedside flush
toilet (conceptual drawing)
A large turnout of visitors from hospitals and
nursing care facilities (perspective drawing)
• For schools
School Toilet Research Group
Since 1997, this group has been conducting
surveys on the overall environment and
conditions of school toilets, and publishing annual
reports. Its report on school toilets published after
the 2011 Tohoku Earthquake attracted the
attention of many interested parties.
1) Domestic Housing Equipment Business
20
SAZANA fully remodeled in August 2012, including the platforming of bathroom floor design
The GG faucet series for kitchens and bathrooms released in July 2012
SAZANA
New SAZANA released in August 2012 GG faucet series released in July 2012
SAZANA basic design
Hokkarari floor Vacuum-insulated
bathtub (complies with
JIS high-heat insulation
standards)
Aerated showerhead
GG faucets
Bathrooms designed to
be easy to use, beautiful
in appearance as well as
comfortable. New
designs for bathtubs,
such as the Cradle
Bathtub, designed to
provide cradle-like
comfort.
Kitchen faucets Bathroom faucets
All kitchen faucets are equipped with the eco-single function and all
bathroom showerheads are equipped with the aerated shower function.
Built-in features
Eco-single function Aerated showerhead
Hot water
Hot/cold
mixing Cold water
1) Domestic Housing Equipment Business: New Products
21
Beijing
Wuhan Chongqing
Xian
Guangzhou
Qingdao
Hangzhou
Shenzhen
Ningbo
Zhengzhou
Nanjing
Displays at a large exhibition
Flagship showrooms continue to be opened in inland areas in response to growing demand;
improvement in brand recognition and design proposals answering local needs
Kitchen & Bath China 2012
Enhanced marketing in inland regions
Showrooms opened in inland regions following last year’s opening of
showrooms in Zhengzhou, Xian and Chongqing; showrooms scheduled
to be opened in inland regions and cities in the northeastern region
• Shanghai: May 23 to 26, 2012 Advertising technologies and design with the new Neorest and other
space design proposals
Recent business
climate in China
Increase in the size of the venue as well
as the number of participating
companies
2012: Number of visitors: 120,000
Number of companies: 1,126
Continuing to exhibit
standardized products,
including a lineup of
luxury products and
space proposals
Open Wuhan Flagship Showroom (Aug 2012)
2) Overseas Housing Equipment Business: China
• As a result of the downturn in the real-estate market, sales during the second half-year period are likely to fall
short of the goal in the initial plan
• No serious effects from recent political issues
• Business conditions for the next fiscal year and beyond will fluctuate and there is a need to pay close attention
to business trends
22
Europe Business Americas Business
TOTO will continue to advertise TOTO’s technologies, increase sales of new products
in the Americas and further expand our marketing network in Europe.
Kitchen & Bath Show 2012
• One-gallon toilets
• Business Climate • Chicago: April 24 to 26, 2012
The new Neorest and other one-gallon toilets attracted great
attention in the United States, where strict water use regulations are
enforced.
TOTO is developing toilets
that consume 1 gallon
(approx. 3.8 liters) of water
per flush. One-gallon toilets
have been launched in the
U.S. in anticipation of
stricter regulations than the
current 6.0-liter rule.
Displays at the ISH (International Sanitary
and Heating)
• Frankfurt, Germany: March 12 to 16, 2013
• The world’s largest exhibition, where new products and
technologies are advertised worldwide. We will participate in the
exhibition for the third time in order to widely advertise TOTO’s
presence.
Last year’s exhibition (March 2011)
Number of visitors: 204,000; Number of companies: 2,355
Building marketing channels mainly in Germany, France and the
United Kingdom and promoting the exhibition of TOTO products in
dealers’ showrooms
2) Overseas Housing Equipment Business: Americas and Europe
23
Business Climates
• Vietnam
• India
Topics: VIETBUILD HCM 2012
• Taiwan
Aiming to enhance marketing networks and increase the number of local showrooms,
despite temporary stagnation in some areas
• The economy is stagnating.
• Increase in the number of dealers’
showrooms
More than 70 showrooms in India
• TOTO will display its products in
ACE (Mumbai and Delhi), India’s
largest exhibition, for the third
consecutive year.
• TOTO’s business in Taiwan has been brisk, with sales continuing to
exceed last year’s levels.
• Sales of sanitary ware, TOTO’s major products in Taiwan, continue
to be strong.
• Despite a high economic growth rate, sales are temporarily stagnant
due to the government’s fiscal tightening policies to cope with
soaring inflation.
• Delays in production prevent sales from growing in some areas.
• Enhancing the marketing network in order to attract disparate
customers
In the exhibition in Vietnam, in addition to the new Neorest and new
Washlet products, TOTO also displayed water-saving toilets and
faucets. TOTO’s water-saving products attracted great attention and
TOTO received inquiries from many customers.
• Middle East • Sales are stagnating due to project delays in some areas.
• There has been no significant increase in the number of customers,
and retail sales are also weak due to a decrease in the number of new
project contracts and unstable market conditions.
ACE in 2011
• Ho Chi Minh City: July 2012 (7th participation)
2) Overseas Housing Equipment Business: Asia-Oceania
24
Ceramics Business
TOTO will continue its drive to put its new-domain businesses on a firm, profitable footing
Fuel Cell Batteries TOTO will promote the manufacture and development of ceramic power generation cells (SOFC) and power
generation modules, products based on the Company’s unique technologies related to the power generation
module (the core part of the fuel cell battery). We aim to commercialize these products at the earliest opportunity.
• A basic transaction contract concluded with
Casalgrande Padana, a major Italian tile
manufacturer, including agreements on the licensing
and use of Hydrotect.
• The third European Hydrotect Network meeting held
with the participation of seven major European
companies, including Alcoa, a major aluminum
material company. Participants had lively discussions
about how to improve brand recognition of Hydrotect.
Although a phase of business adjustment is
continuing in the semiconductor market, sales are
likely to recover in the fourth quarter of this year.
TOTO will continue to improve the profitability of
individual products in order to prepare for a
market recovery.
Environmental Construction Materials Business
In September 2012, Casalgrande Padana displayed
its products and made a presentation in Cersaie, the
world’s largest tile exhibition
Enhancing collaboration with overseas licensees and domestic house manufacturers in
order to promote the sales of Hydrocera products and coatings
• In July 2012, TOTO displayed its
original AD method, electrostatic
zippers and structural materials at
SEMICON West, North America’s
largest exhibition.
-40
-20
0
20
40
60
80
100
120
(100 million yen)
Net sales
Operating
income
91.3
–15.5
FY2011 actual FY2012 forecast
96.0
–15.0
-40-20
020406080
100120
53.3
–13.9
54.0
–21.0
module
3) New Domain Businesses
Net sales
Operating
income
(100 million yen)
FY2011 actual FY2012 forecast
25
Business Reorganization
New office building: Shiodome Building
Period: June 2013 (scheduled)
Offices to be integrated: Toranomon Office,
Sakurashinmachi Office, etc.
Objectives:
1. Enhancement of communication
2. Improvement of work efficiency
3. Development of a strong infrastructure
• Tokyo office relocation and integration
• Construction of a multi-purpose facility building
on the Kokura No. 1 Plant premises
Name: New Multi-purpose Facility Building (working title)
Facilities: TOTO History Museum, Kitakyushu showroom & training center
Objectives:
1. To advertise TOTO’s brand products in the place where the company
was initially established
2. To make environmental contributions as a corporate citizen of
Kitakyushu City, an environmental city for the future
3. To maintain harmonious relationships with stakeholders
Construction period: Construction scheduled to be started in the fall of 2013
and completed in the second half of FY2014
• Spinning off of a faucet product company
• Merger of TOTO Enpla and TOTO Platec
Name: TOTO Platechno Ltd.
Period: April 2013 (scheduled)
Companies to be merged: TOTO Enpla and TOTO Platec
Objectives: Enhancement of the competitiveness of the entire TOTO Group
through the efficient and effective use of business resources
• Spinning off of a sanitary ware company
4) Promotion of TOTO V Plan 2017
Promoting business reorganization in order to achieve speedy and efficient operations
and to pass on manufacturing skills
Name: TOTO Aqua Techno Ltd. (newly established company)
Period: April 2013 (scheduled)
Divisions demerged: Manufacturing div. at the Kokura No. 2 Plant and Oita Plant
Objectives:
1. Clarification of the roles and responsibilities of the headquarters’ functions
and manufacturing functions
2. Improvement of work efficiency, product quality and cost competitiveness
Name: TOTO Sanitechno Ltd.
Period: April 2013 (scheduled)
Division demerged: Kokura Plant Sanitary Ware Manufacturing Division
(Demerger of all sanitary ware manufacturing divisions completed by this
demerger, which follows the demerger of the Shiga and Nakatsu plants)
Objectives: Improvement of product quality and cost competitiveness
through exchange of personnel and technologies
26
V Plan Examples
Global development of core
technologies created in Japan
(global standard technologies)
Designs to meet local needs
(Localization of product
planning and development)
Released in
August 2012
• Platforming of bathroom unit floors
Marketing innovation Manufacturing innovation Manufacturing innovation
SPRINO for
detached houses
New SAZANA for detached houses
New Hirogaru WF
for condominiums
For condominiums
and new houses
Released in August 2012 Volume zone
Platforming started in 2013
• Toilet sanitizing technology
Approx. 50% reduction
in the use of large-sized parts
4) Promotion of TOTO V Plan 2017
The toilet sanitizing function will be made available not only in Japan
but in the global market as soon as possible
Platforming of bathroom unit floors
Released in
September 2012
Released in
February 2012
27
Selected as a member of the Dow Jones Sustainability Index (DJSI World) for two consecutive years
TOTO is developing Green Challenge initiatives in Japan and overseas
as a driving force to promote TOTO V Plan 2017
Bilateral Credit (Vietnam)
TOTO has been selected as a member of the
highest-ranking World Index for two consecutive
years, and as a member of the Asia Pacific Index
for four consecutive years.
* Proposed for METI’s Global Warming Prevention Promotion Project (second call);
TOTO was commissioned to conduct the survey.
Following its project in Dalian, China, TOTO has started a
feasibility survey* in Vietnam in order to develop strategies
to use carbon credits by promoting the use of water-saving
showers and other products.
From approximately 2,500 companies worldwide, 340 (of which
20 were Japanese companies) were chosen this year as members
of the World Index. A total amount of approx. 7 billion dollars of
financial products are managed based on this index.
Participation in an Eco-products Exhibition
Theme: Water and Heat Saving
One year and a half after the 2011 Tohoku
Earthquake, TOTO is continuing its efforts to
raise water-saving awareness and to establish
water-saving practices in daily life.
Advertising our water and heat saving
products will increase customers’
environmental awareness and stimulate their
interest in remodeling kitchens and
bathrooms.
December 13 to 15, 2012 at Tokyo Bigsite
Aerated showerhead
4) Promotion of TOTO V Plan 2017: Green Challenge
Conceptual Diagram Showing CO2 Reductions by Bilateral Credit Mechanism
Japan
• Mitsubishi UFJ Morgan Stanley Securities • TOTO • Kitakyushu City • Asian Saving Water Council
Water-saving home facilities
Carbon credits
Vietnam
CO2
reductions
Purpose of the current survey:
Measurement and corroboration
of CO2 reductions
This presentation material contains forward-looking statements based on
assumptions, estimates and plans as of October 31, 2012.
Actual performance may differ materially from these forward-looking statements
due to risks and undermined factors arising from changes in the world economy,
competition and foreign currency exchange rates.