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Toto India Industries history
Toto India Industries company history timeline
The company was incorporated in 1917 as Toyo Toki Company, Ltd., in Kokura, Japan, with assets of ¥1 million.
The company's growth was stifled in 1927 due to a serious economic depression that struck Japan as a result of overextended capital investment and production.
In 1937 it had finished construction of a second sanitaryware manufacturing facility in Chigasaki.
By 1970, when Japan was experiencing water shortages, TOTO had developed a toilet that used only 1.6 gallons per flush.
TOTO entered the United States market in 1990 through the formation of a sales company called TOTO Kiki United StatesA., Inc.
To further increase its line of new products, TOTO completed construction in 1991 of a new research and development laboratory at the Chigasaki plant.
In 1992 TOTO expanded its United States presence with the opening of a facility for the manufacture of water-saving toilets, which was located in Atlanta and was operated through a newly formed subsidiary, TOTO Industries (Atlanta), Inc.
In 1995 TOTO set up TOTO (China) Co., Ltd. to coordinate the company's overall activities in that nation.
Sales for fiscal 1999 fell another 13 percent, while TOTO posted a net loss of ¥21 billion, partly attributable to the workforce cuts, as an early retirement program led the company to dole out ¥15.5 billion in severance pay.
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Zippia gives an in-depth look into the details of Toto India Industries, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Toto India Industries. The employee data is based on information from people who have self-reported their past or current employments at Toto India Industries. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Toto India Industries. The data presented on this page does not represent the view of Toto India Industries and its employees or that of Zippia.
Toto India Industries may also be known as or be related to TOTO india industries pvt ltd and Toto India Industries Pvt Ltd.