TOTO (5332.T) Stock Price
TOTO Price
Over the last 19 years TOTO grew revenue by 2.0% annually, reaching 724.45 B JPY. Earnings per share have declined at 0.0% per year over the last 19 years. For TOTO, the net margin of 1.7% is down versus 4.7% a few years ago. At today's price the dividend yield works out to roughly 1.67%. The payout ratio is around 140% of earnings. The dividend has grown at 5.4% per year over the past 19 years. The consensus 12-month price target for TOTO is 4,661.40 JPY, about 22.0% below where the stock trades today. Of 13 analysts, 7 rate the stock a buy — an overall Buy consensus. The stock trades about 57% above its 52-week low.
TOTO stock price
Details
Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of TOTO over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how TOTO stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing TOTO's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | TOTO Price |
|---|---|
| 9/7/2026 | 5,977.00 JPY |
| 9/4/2026 | 5,888.00 JPY |
| 9/3/2026 | 5,903.00 JPY |
| 9/2/2026 | 5,896.00 JPY |
| 9/1/2026 | 6,265.00 JPY |
| 8/31/2026 | 6,296.00 JPY |
| 8/28/2026 | 6,414.00 JPY |
| 8/27/2026 | 6,415.00 JPY |
| 8/26/2026 | 6,447.00 JPY |
| 8/25/2026 | 6,410.00 JPY |
| 8/24/2026 | 6,338.00 JPY |
| 8/21/2026 | 6,352.00 JPY |
| 8/20/2026 | 6,290.00 JPY |
| 8/19/2026 | 6,176.00 JPY |
| 8/18/2026 | 6,360.00 JPY |
| 8/17/2026 | 6,641.00 JPY |
| 8/14/2026 | 6,631.00 JPY |
| 8/13/2026 | 6,677.00 JPY |
| 8/12/2026 | 6,480.00 JPY |
| 8/10/2026 | 6,542.00 JPY |
| 8/7/2026 | 6,483.00 JPY |
| 8/6/2026 | 6,507.00 JPY |
| 8/5/2026 | 6,547.00 JPY |
| 8/4/2026 | 6,295.00 JPY |
| 8/3/2026 | 6,263.00 JPY |
| 7/31/2026 | 7,010.00 JPY |
| 7/30/2026 | 6,825.00 JPY |
| 7/29/2026 | 6,707.00 JPY |
| 7/28/2026 | 6,937.00 JPY |
| 7/27/2026 | 7,496.00 JPY |
TOTO Revenue, EBIT, Net Income
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TOTO Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEB JPY |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEB JPY |
| EBITB JPY |
| EBIT MARGIN% |
| NET INCOMEB JPY |
| NET INCOME GROWTH% |
| DIVIDENDDIV.JPY |
| DIVIDEND GROWTHDIV. GROWTH% |
| SHARESM |
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026e | 2027e | 2028e | 2029e | 2030e | 2031e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 567.89 | 567.31 | 592.30 | 586.09 | 596.50 | 577.84 | 645.27 | 701.19 | 702.28 | 724.45 | 737.91 | 784.91 | 824.20 | 856.18 | 876.05 | 908.20 |
| 4.29 | -0.10 | 4.41 | -1.05 | 1.78 | -3.13 | 11.67 | 8.67 | 0.16 | 3.16 | 1.86 | 6.37 | 5.01 | 3.88 | 2.32 | 3.67 |
| 38.09 | 38.59 | 37.84 | 36.60 | 35.77 | 36.45 | 36.71 | 34.65 | 34.03 | 35.07 | 35.07 | 35.07 | 35.07 | 35.07 | 35.07 | 35.07 |
| 216.29 | 218.90 | 224.15 | 214.52 | 213.35 | 210.60 | 236.89 | 242.97 | 239.00 | 254.07 | 258.79 | 275.27 | 289.05 | 300.26 | 307.23 | 318.51 |
| 46.14 | 47.45 | 52.60 | 40.17 | 36.76 | 39.66 | 52.18 | 49.12 | 42.77 | 48.48 | 51.82 | 74.12 | 87.05 | 96.60 | 131.31 | 154.73 |
| 8.12 | 8.36 | 8.88 | 6.85 | 6.16 | 6.86 | 8.09 | 7.01 | 6.09 | 6.69 | 7.02 | 9.44 | 10.56 | 11.28 | 14.99 | 17.04 |
| 35.72 | 32.96 | 36.80 | 32.38 | 23.58 | 26.98 | 40.13 | 38.94 | 37.20 | 12.17 | 33.45 | 50.15 | 61.11 | 70.06 | 86.21 | 101.64 |
| 43.97 | -7.73 | 11.64 | -12.01 | -27.17 | 14.40 | 48.75 | -2.96 | -4.49 | -67.29 | 174.93 | 49.92 | 21.85 | 14.65 | 23.05 | 17.90 |
| 68.00 | 70.00 | 81.00 | 90.00 | 75.00 | 85.00 | 100.00 | 100.00 | 100.00 | 100.00 | 150.00 | 172.30 | 197.93 | – | – | – |
| 21.43 | 2.94 | 15.71 | 11.11 | -16.67 | 13.33 | 17.65 | – | – | – | 50.00 | 14.87 | 14.88 | – | – | – |
| 168.95 | 169.59 | 169.61 | 169.62 | 169.64 | 169.67 | 169.69 | 169.71 | 169.74 | 169.76 | 169.76 | 169.76 | 169.76 | 169.76 | 169.76 | 169.76 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales TOTO generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue TOTO retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare TOTO's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares TOTO has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against TOTO's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
TOTO stock margins
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TOTO Stock Revenue, EBIT, Earnings per Share
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TOTO business model & stock analysis
TOTO SWOT Analysis
Strengths
TOTO Ltd possesses several key strengths which contribute to its success in the market:
- Strong market presence and brand reputation
- Diverse product portfolio catering to various customer needs
- Robust supply chain and distribution network
- Strong financial position and ability to invest in innovation
- Effective customer relationship management
Weaknesses
Despite its strengths, TOTO Ltd faces certain weaknesses that may hinder its growth:
- Limited geographical presence compared to competitors
- Reliance on specific key markets for revenue
- Higher production costs impacting pricing competitiveness
- Potential dependency on external suppliers for critical components
- Limited penetration in emerging markets
Opportunities
TOTO Ltd can leverage the following opportunities to expand its market presence:
- Growing demand for eco-friendly and sustainable products
- Expansion into emerging markets with high growth potential
- Utilizing digital technologies to enhance customer experience
- Collaborating with architects and designers for innovative product development
- Diversification into related industries to capture new revenue streams
Threats
TOTO Ltd should be cautious of the following threats that could impact its business:
- Intense competition from both established and emerging competitors
- Economic downturn and fluctuating consumer spending patterns
- Increasing raw material costs affecting profitability
- Trade barriers and regulatory changes impacting international operations
- Technological advancements potentially disrupting traditional product offerings
TOTO Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
TOTO historical P/E ratio, EBIT multiple, and P/S ratio
TOTO annual returns
Details
Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
TOTO shares outstanding
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TOTO stock splits
TOTO Dividend History
37 years of dividend payments
TOTO dividend history and estimates
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TOTO dividend payout ratio
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Current TOTO forecasts and price targets in September 2026
Analyst Price Targets 2026TOTO Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 4/26/2024 | 38.06JPY | - | 185.23 BJPY | - | 2024 Q4 |
| 1/29/2024 | 88.59JPY | - | 199.53 BJPY | - | 2024 Q3 |
| 7/27/2023 | 55.74JPY | - | 163.26 BJPY | - | 2024 Q1 |
| 4/26/2023 | 74.07JPY | - | 189.75 BJPY | - | 2023 Q4 |
| 1/26/2023 | 70.85JPY | - | 198.30 BJPY | - | 2023 Q3 |
| 10/28/2022 | 32.99JPY | - | 176.56 BJPY | - | 2023 Q2 |
| 7/29/2022 | 29.63JPY | - | 152.12 BJPY | - | 2023 Q1 |
| 4/28/2022 | 23.14JPY | - | 173.46 BJPY | - | 2022 Q4 |
| 1/28/2022 | 49.59JPY | - | 173.21 BJPY | - | 2022 Q3 |
| 10/29/2021 | 35.69JPY | - | 162.63 BJPY | - | 2022 Q2 |
EESG©
Eulerpool ESG Scorecard© for the TOTO stock
EEnvironment
20
Environment
SSocial
20
Social
GGovernance (Corporate Governance)
4
Governance (Corporate Governance)
The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.
TOTO shareholder structure
| % | Name |
|---|---|
8.35119% | |
2.52719% | |
2.39108% | |
1.72627% | |
1.45324% | |
1.35557% |
TOTO Beneficial Ownership Filings (SEC 13D/G)
TOTO Executives and Management Board
48 members · avg. age 61 · 8 % women
Mr. Noriaki Kiyota (63)
Executive President, Representative Director · since 2010
144.00 M JPY
Management
Mr. Satoshi Shirakawa (62)
Executive Vice President, Representative Director · since 2014
Mr. Yasuo Hirai
Executive Officer, Chief Director of Finance & Accounting, President of Subsidiary
Mr. Ryosuke Hayashi (60)
Senior Managing Executive Officer, Chief Technology Officer, Director · since 2011
Mr. Shinya Tamura (57)
Senior Managing Executive Officer, Chairman of Subsidiaries, Director · since 2016
Mr. Takehiko Kitazaki (58)
Managing Executive Officer, Director · since 2020
Mr. Tomoyuki Taguchi (59)
Managing Executive Officer, Director · since 2016
Board of Directors
Mr. Madoka Kitamura (67)
Chairman of the Board, Chairman of the Board of Directors, Representative Director · since 2006
Ms. Yukari Ienaga (48)
Independent Director
Mr. Yasushi Marumori (66)
Independent Director
Ms. Chiho Naganuma (46)
Independent Director
Mr. Junji Tsuda (73)
Independent Director
Mr. Shigenori Yamauchi (74)
Independent Director
TOTO Supply Chain
TOTO Supply Chain
Correlation: how closely stock prices move together
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | 0.55 | 0.81 | 0.88 | ||
| 2 | 0.85 | 0.84 | 0.83 | ||
| 3 | 0.67 | 0.82 | 0.81 | ||
| 4 | 0.76 | 0.70 | 0.71 | ||
| 5 | 0.84 | 0.88 | 0.69 |
| # | Name | Trend | |||
|---|---|---|---|---|---|
| 1 | -0.47 | -0.28 | — | ||
| 2 | 0.77 | 0.85 | — | ||
| 3 | 0.68 | — | — | ||
| 4 | -0.42 | -0.12 | — | ||
| 5 | 0.66 | 0.62 | -0.49 |
Frequently asked questions about TOTO
The business model of TOTO Ltd revolves around the manufacture and sale of sanitary ware and related products. As a leading company in the industry, TOTO specializes in the production of toilets, faucets, showers, bathtubs, and other bathroom fixtures. By focusing on innovative technology, design, and sustainability, TOTO aims to provide high-quality products that enhance bathroom experiences for their customers. With a strong global presence and commitment to customer satisfaction, TOTO continues to strive for excellence in delivering innovative and reliable bathroom solutions.
TOTO Ltd is primarily active in the sanitary ware industry.
The main competitors of TOTO Ltd in the market include American Standard Brands, Kohler Co., and Ideal Standard International.
TOTO Ltd is a leading company in the sanitary ware industry, specializing in manufacturing and selling bathroom fixtures and related products. Founded in 1917 in Kitakyushu, Japan, TOTO has established itself as a global brand over the years. The company's commitment to innovation and sustainability has resulted in pioneering advancements, such as the development of the Washlet, an electronic bidet toilet seat. TOTO has expanded its operations globally and now serves customers in over 40 countries. With a rich history spanning over a century, TOTO Ltd continues to prioritize customer satisfaction, quality, and technological advancements in the bathroom industry.
TOTO Ltd, a leading company in its industry, has achieved significant milestones throughout its history. The company has continually expanded its global presence, establishing a strong market position in various countries. TOTO Ltd has consistently invested in research and development, launching innovative products and technologies that have revolutionized the industry. Over the years, the company has attained numerous prestigious awards and recognitions for its outstanding contributions to the field. With a commitment to sustainability, TOTO Ltd has made remarkable strides in eco-friendly practices and designs. By prioritizing customer satisfaction and maintaining a reputation for excellence, TOTO Ltd has become a trusted and respected name in the industry.
TOTO Ltd is primarily present in Japan, where its headquarters are located. As a leading manufacturer of sanitary ware, TOTO has a strong domestic presence and is widely recognized for its innovative products and technological advancements in the industry. Although the company has gained international acclaim over the years, especially in the Asia-Pacific region, TOTO Ltd primarily focuses on serving the Japanese market.
TOTO Ltd represents values of excellence, innovation, and sustainability in the field of bathroom fixtures and plumbing products. With a strong commitment to quality and superior craftsmanship, TOTO aims to provide customers with products that enhance their daily lives and promote overall well-being. The company's corporate philosophy revolves around contributing to society through its business activities, focusing on environmental sustainability, and providing safe and comfortable products. TOTO's dedication to continuous research and development ensures that they stay ahead in the industry, offering cutting-edge solutions and setting new standards for cleanliness, comfort, and design in bathrooms worldwide.
Analysts currently set an average price target of 4,694.27 JPY for the TOTO stock (median: 4,661.40 JPY), implying -21.5 % versus the latest price. The consensus is based on 13 analyst ratings.
13 analysts currently rate the TOTO stock: 7 recommend buying, 5 holding and 1 selling. For 2026, analysts expect TOTO to generate revenue of 737.91 B JPY and earnings per share of 197.07 JPY.
Converted at the current exchange rate, the TOTO share trades at 32.95 EUR (5,977.00 JPY).
TOTO Ltd is a Japanese company that was founded in 1917 and has since become a global provider of sanitary products. The company is headquartered in Kitakyushu City and operates in numerous countries. TOTO's business model is focused on producing and selling high-quality products in various categories to meet the needs of customers. One of TOTO's largest categories is the production of toilets. TOTO is the inventor of the Washlet toilet, which aims to improve user hygiene and reduce the need for toilet paper. TOTO toilets are equipped with various technologies, such as the Tornado Flush System, which effectively flushes with less water consumption. In addition to standard toilets, TOTO also offers special toilet models, such as barrier-free toilets, specifically designed and built for people with disabilities. Another category of TOTO is the production of showers and bathtubs. TOTO products meet the highest standards in terms of quality and design. TOTO offers a wide range of showers and bathtubs equipped with innovative technologies, such as the Aero-Wave System, which provides a perfect bathing experience through efficient water distribution. TOTO is also customer-oriented in this aspect and develops, for example, bathtubs specifically tailored to the needs of older people. Another business division focuses on faucets. Here too, TOTO offers a wide range of products, from design and functional variants to special products designed specifically for professional kitchens and bathrooms. TOTO faucets are equipped with various technologies and features that guarantee high quality and long product life. An example of this is the TET series, which is equipped with a thermometer that displays the exact water temperature to the user. They also offer complementary products such as kitchen and bathroom furniture and accessories. TOTO's furniture is functional, minimalist, and yet very modern. They offer ample storage space and are available in various colors and designs. With these products, TOTO is able to offer a complete bathroom or kitchen project from a single source. In conclusion, TOTO's business model is based on high-quality products and a customer-oriented approach. The company is focused on a wide range of products that meet the needs of various target groups. Through continuous innovation in technology and design, and by incorporating environmental protection aspects, it has established itself as one of the top global brands in the sanitary product industry.
The expected revenue of TOTO is 737.91 B JPY. This figure is based on current financial data and reflects the company's business performance.
The expected profit of TOTO is 33.45 B JPY. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of TOTO is currently 30.33. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the TOTO stock.
The price-to-sales ratio (P/S) of TOTO is currently 1.38. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the TOTO stock.
The Eulerpool Quality Score for TOTO is 4/10.
The ISIN of TOTO is JP3596200000. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of TOTO is 857955. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of TOTO is 5332.T. The ticker symbol is used to trade TOTO shares on the stock exchange.
Over the past 12 months, TOTO paid a dividend of 100.00 JPY . This corresponds to a dividend yield of about 1.67 %. For the coming 12 months, TOTO is expected to pay a dividend of 172.30 JPY.
The current dividend yield of TOTO is 1.67 %.
TOTO pays a dividend, distributed in the months of , , , .
TOTO paid dividends every year for the past 36 years.
For the upcoming 12 months, dividends amounting to 172.30 JPY are expected. This corresponds to a dividend yield of 2.88 %.
TOTO is assigned to the 'Industry' sector.
To receive the latest dividend of TOTO from amounting to 50 JPY, you needed to have the stock in your portfolio before the ex-date on .
The last dividend was paid out on .
In the year 2025, TOTO distributed 100 JPY as dividends.
The dividends of TOTO are distributed in JPY.
TOTO stock
TOTO Peer Group
TOTO Ticker
TOTO FIGI
All fundamentals and in-depth analysis of TOTO
Our stock analysis for TOTO stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TOTO. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.