Toto Ltd. announces restructuring of Mainland China business

On May 26, 2025, Toto Ltd. (TSE:5332) announced a structural reform of its Mainland China business. As part of this reform, two of its sanitary ware manufacturing bases, TOTO (Beijing) Co., Ltd. and TOTO East China Co., Ltd, will be closed and liquidated, and personnel will be optimized. As a result, the company expects to improve operating rates, productivity, and eco-friendliness with a streamlined two-base system that includes a new factory. The company plans to record expenses of approximately JPY15.0 billion as extraordinary losses in the consolidated financial results for the fiscal year ending March 31, 2026. Toto Ltd. anticipates this structural reform will improve profits by approximately JPY7.0 billion for the fiscal year ending March 31, 2027. The company will strive to contribute to realizing clean, comfortable, and healthy lifestyles by providing high-value products to customers, as well as creating a sustainable society with environmentally friendly products.