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

Мактаби тиҷорати ҳаммом

Ба наздикй, 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, Поккорӣ, Asahi Weitao 4 ширкатҳо. 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: кранҳо, pipes and various faucet accessories)

-Full fiscal year sales of approximately RMB 1.5 миллиард

-Will participate in Shanghai Kitchen & Намоиши ванна 2021

-Substitute for Panasonic and other famous companies

Метавонад 14, KVK released its annual report for fiscal year 2020 (Апрел 2020 То март 2021). in fiscal year 2020, KVK achieved sales of 25.441 миллиард йен (тақрибан RMB 1.502 миллиард), афзоиши 3.7% солона. Net income attributable to shareholders of the parent company also increased by 29.1% ба 2.196 миллиард йен (тақрибан RMB 130 миллион). KVK is known in the industry for its faucet hardware products. The company said that non-contact products are receiving attention under the epidemic. Дар натиҷа, 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.

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 миллиард йен, the China production base only contributed 382 миллион йен. It reflects that KVK’s sales business in China market is still in preliminary stage. Аммо, 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 ба 29 дар ҳамин сол.

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, ҳоьатхона, wall material, water heater, ва ғайра.)

-Full-year sales of approximately RMB 11.3 миллиард

-Bathroom sales declined the most

-Significant sales growth expected in the next fiscal year

Метавонад 14, Takara Standard announced its annual report for fiscal year 2020 хотима 2021, reporting sales of 192.1 миллиард йен (approximately 11.345 триллион юан) from April 2020 То март 2021, кам шудани 4.6% year on year. Net income attributable to shareholders of the parent company was 7.5 миллиард йен (approximately 443 миллион юан), кам шудани 12.2% солона.

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.

Takara Standard’s product lineup is dominated by kitchens, ҳаммом, ва маҳлулҳо. The three categories accounted for 60.1%, 21.5%, ва 11.7% of total sales, мутаносибан, with declines of varying degrees compared to the previous year. Дар байни онҳо, the bathroom category experienced the largest decline, дар 8.1%.

Takara Standard forecasts sales of ¥194.3 billion for fiscal 2021, боло 1.6% солона. Net income attributable to shareholders of the parent company is 7.8 миллиард йен, боло 2.8% солона. Judging from the smaller increase, the company remains cautious about sales in the new year.

Поккорӣ (Major products: total kitchens, total bathrooms, vanities, ваннаҳо, ва ғайра.)

-Full-year sales of approximately RMB 6.2 миллиард

-Kitchen and bathroom divisions declined by 2.3% ва 7.2% мутаносибан

-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 То март 2021, Тозакунии тозакуниро ба даст овард 104.185 миллиард йен (6.153 триллион юан), поён 3.1% солона. Of this total, sales in the kitchen division were 82.356 миллиард йен, кам шудани 2.3%. Sales in the bathroom segment were 14.816 миллиард йен, кам шудани 7.2%. Despite the decline in sales in each division, net income attributable to shareholders of the parent company increased by 19.2% ба 1.746 миллиард йен (дар атрофи 103 миллион юан).

Cleanup said that the company took several measures under the epidemic to allow customers to access the company’s products through various means. Ҳамзамон, 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, мутаносибан. 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, боло 5.6%, and net income of 1.8 миллиард йен, боло 3.1%.

Asahi Weitao (Major products: ҳоҷатхонаҳо, vanity tops, кранҳо, кабинетҳои ҳаммом, ошхонахо, ва ғайра.)

-Full fiscal year sales of approximately RMB 100 миллион

-Entered China market through Hong Kong branch

Дар моҳи апрел 14, Asahi Weitao reported its fiscal first quarter ended February 28, 2021. The company achieved sales of 433 миллион йен (about RMB26 million) in the previous three months, поён 21.8% солона. It achieved a net profit of ¥04 million (Дар бораи RMB 236.2 миллион), поён 35.3% солона. Also according to Asahi Weitao’s 11-month report (December 1, 2019 to November 30, 2020) released in January this year, the company achieved sales of ¥2.002 billion (about Rmb118 million) дар 11 months ended November 2020, а 17.5% decrease year-on-year. It achieved a net profit attributable to shareholders of the parent company of 0.17 миллиард йен (Дар бораи RMB 1.039 миллион), a significant increase compared to the loss of 371 million yen in the previous fiscal year.

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