Toto reports mixed Q1 results amid restructuring

Toto Corporation reported net sales of 165.7 billion yen for Q1 2025, up 0.8% year-over-year, while operating profit declined 16.3% to 8.2 billion yen. Net profit fell 27.8% to 6.3 billion yen.

The company attributed profit declines to increased procurement costs and human resource investments. International sales were mixed, with growth in the Americas, Asia and Europe, but losses in mainland China due to ongoing restructuring.

The Advanced Ceramic Business showed significant growth driven by increased electrostatic chuck sales in the semiconductor market.