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1.5Billion,6.2مليار,11.3Billion...ANumberOfJapaneseBathroomCompaniesReleasedTheirFinancialReports|VIGAFaucetManufacturer

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1.5 مليار, 6.2 مليار, 11.3 مليار… A Number Of Japanese Bathroom Companies Released Their Financial Reports

مدرسة الحمام التجارية

حديثاً, following TOTO, Lixil and other giants, a number of Japanese sanitary ware-related companies also released their annual or quarterly reports, including KVK, Takara Standard, تنظيف, Asahi Weitao 4 شركات. In the earnings report, the Chinese market was mentioned several times, and some companies revealed that they would enter the Chinese market with the Hong Kong branch as a cut-off point. The China strategy of foreign companies is once again under the spotlight.

KVK (main products: الحنفيات, pipes and various faucet accessories)

-Full fiscal year sales of approximately RMB 1.5 مليار

-Will participate in Shanghai Kitchen & عرض الحمام 2021

-Substitute for Panasonic and other famous companies

في مايو 14, KVK released its annual report for fiscal year 2020 (April 2020 للمسيرة 2021). in fiscal year 2020, KVK achieved sales of 25.441 مليار ين (ما يقرب من RMB 1.502 مليار), زيادة 3.7% على أساس سنوي. Net income attributable to shareholders of the parent company also increased by 29.1% ل 2.196 مليار ين (ما يقرب من RMB 130 مليون). KVK is known in the industry for its faucet hardware products. The company said that non-contact products are receiving attention under the epidemic. نتيجة ل, the company launched a number of sensor bathroom faucets and sensor kitchen faucets, which saw significant sales growth. This served as one of the drivers for the growth in results.

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KVK has 3 production bases in Japan, China and the Philippines. The supply chain pressure caused by the epidemic has been effectively controlled and a stable production system has been maintained. According to the financial report, in KVK’s full fiscal year sales of 25.441 مليار ين, the China production base only contributed 382 مليون ين. It reflects that KVK’s sales business in China market is still in preliminary stage. لكن, KVK revealed that it mainly carried out China business in the form of network before. Now it is a combination of field visit plus network form to ensure the business is carried out normally. It is reported that KVK participated in the Shanghai Kitchen & Bath Show held from May 26 ل 29 هذا العام.

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It is worth mentioning that KVK also listed its major customers in the financial report, including Takara Standard and Panasonic Housing Equipment Co. Apparently some of the leading products of these two companies are OEMed by KVK.

Takara Standard (main products: whole kitchen, whole bathroom, vanity, الحمام, wall material, water heater, إلخ.)

-Full-year sales of approximately RMB 11.3 مليار

-Bathroom sales declined the most

-Significant sales growth expected in the next fiscal year

في مايو 14, Takara Standard announced its annual report for fiscal year 2020 ending March 2021, reporting sales of 192.1 مليار ين (تقريبًا 11.345 مليار يوان) from April 2020 للمسيرة 2021, انخفاض 4.6% year on year. Net income attributable to shareholders of the parent company was 7.5 مليار ين (تقريبًا 443 مليون يوان), انخفاض 12.2% على أساس سنوي.

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Takara Standard said that sales declined significantly in the first half of the fiscal year due to the closure of its showrooms as a result of the emergency declaration in Japan, which had a significant impact on business activities. Sales improved in the second half of the fiscal year as demand for remodeling expanded. Sales based on remodeling were higher than in the previous fiscal year, but still declined year on year for the full fiscal year.

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Takara Standard’s product lineup is dominated by kitchens, الحمامات, and vanities. The three categories accounted for 60.1%, 21.5%, و 11.7% من إجمالي المبيعات, على التوالى, with declines of varying degrees compared to the previous year. فيما بينها, the bathroom category experienced the largest decline, في 8.1%.

Takara Standard forecasts sales of ¥194.3 billion for fiscal 2021, أعلى 1.6% على أساس سنوي. Net income attributable to shareholders of the parent company is 7.8 مليار ين, أعلى 2.8% على أساس سنوي. Judging from the smaller increase, the company remains cautious about sales in the new year.

تنظيف (Major products: total kitchens, total bathrooms, vanities, أحواض الاستحمام, إلخ.)

-Full-year sales of approximately RMB 6.2 مليار

-Kitchen and bathroom divisions declined by 2.3% و 7.2% على التوالى

-Sales are expected to increase by 5.6% in the next fiscal year

Japanese kitchen and bathroom company Cleanup released its annual report for fiscal 2020 on May 11. from April 2020 للمسيرة 2021, حقق التنظيف مبيعات 104.185 مليار ين (6.153 مليار يوان), تحت 3.1% على أساس سنوي. Of this total, sales in the kitchen division were 82.356 مليار ين, انخفاض 2.3%. Sales in the bathroom segment were 14.816 مليار ين, انخفاض 7.2%. Despite the decline in sales in each division, net income attributable to shareholders of the parent company increased by 19.2% ل 1.746 مليار ين (عن 103 مليون يوان).

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Cleanup said that the company took several measures under the epidemic to allow customers to access the company’s products through various means. في نفس الوقت, the company’s operating expenses were reasonably controlled. On the merchandise side, Cleanup launched new products of COLTY series and STEDIA series in June and September 2020, على التوالى. In terms of terminals, Cleanup currently has 102 showrooms throughout Japan, and has renovated two showrooms in the Fukushima and Komaki areas of Japan in the current fiscal year. In addition to developing brick-and-mortar stores, we have also launched an online showroom business.

Based on these favorable measures, Cleanup expects sales of 110 billion yen in fiscal 2021, أعلى 5.6%, and net income of 1.8 مليار ين, أعلى 3.1%.

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Asahi Weitao (Major products: مراحيض, vanity tops, الحنفيات, خزائن الحمام, مطابخ, إلخ.)

-Full fiscal year sales of approximately RMB 100 مليون

-Entered China market through Hong Kong branch

في أبريل 14, Asahi Weitao reported its fiscal first quarter ended February 28, 2021. The company achieved sales of 433 مليون ين (about RMB26 million) in the previous three months, تحت 21.8% على أساس سنوي. It achieved a net profit of ¥04 million (حول RMB 236.2 مليون), تحت 35.3% على أساس سنوي. Also according to Asahi Weitao’s 11-month report (ديسمبر 1, 2019 to November 30, 2020) released in January this year, the company achieved sales of ¥2.002 billion (about Rmb118 million) في ال 11 months ended November 2020, أ 17.5% decrease year-on-year. It achieved a net profit attributable to shareholders of the parent company of 0.17 مليار ين (حول RMB 1.039 مليون), a significant increase compared to the loss of 371 million yen in the previous fiscal year.

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Although Asahi Weitao did not mention the Chinese market in its earnings report. لكن, a previously released statement mentioned an overseas affiliate, Weitao Enterprises (هونغ كونغ) المحدودة. According to the statement, in January this year, Asahi Pottery entered into a license agreement with Pottery Enterprises (هونغ كونغ) المحدودة. Asahi also said that Asahi has a strong network of contacts in the Chinese real estate industry. في المستقبل, it will strengthen its sales business in the Chinese market.

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