--- title: "Toto to Shut Two China Plants as Part of Restructuring Plan" description: "Toto will close two manufacturing subsidiaries in China as part of a restructuring plan due to declining profits from a weak real estate market and price competition. The Beijing and East China units " type: "news" locale: "en" url: "https://longbridge.com/en/news/238151841.md" published_at: "2025-04-29T22:35:18.000Z" --- # Toto to Shut Two China Plants as Part of Restructuring Plan > Toto will close two manufacturing subsidiaries in China as part of a restructuring plan due to declining profits from a weak real estate market and price competition. The Beijing and East China units will be liquidated, with production consolidated into two remaining sites. The company aims to focus on Japan-style remodeling services and affordable products for China's middle and upper-middle markets, anticipating extraordinary losses from the restructuring in the fiscal year ending March 2026. Toto will shut two manufacturing subsidiaries in mainland China as part of a broader restructuring to address falling profits amid prolonged weakness in the real estate sector and intensifying price competition, according to a Monday filing on the Tokyo Stock Exchange. The company said its Beijing and East China units will be closed and liquidated, cutting headcount and consolidating production into two remaining sites, including a new factory. Toto plans to sharpen its focus on Japan-style remodeling services and roll out competitively priced products for China's middle and upper-middle markets. The toilet manufacturer expects to book extraordinary losses related to the restructuring in the fiscal year ending March 2026. ### Related Stocks - [5332.JP - TOTO Ltd](https://longbridge.com/en/quote/5332.JP.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Codeifai Enters AI-Backed Quantum Security Market | Codeifai Ltd :CODEIFAI ENTERS AI-BACKED QUANTUM SECURITY MARKETCOMPLETION OF ACQUISITION OF ANTENNATRANSFER.IOTOTAL CONS | [Link](https://longbridge.com/en/news/276015719.md) | | Anthropic and the Pentagon are reportedly arguing over Claude usage | The Pentagon is urging AI companies, including Anthropic, to permit military use of their technologies for lawful purpos | [Link](https://longbridge.com/en/news/276013580.md) | | Rex International Posts 12,010 boepd from Norway, Oman and Germany in January | Rex International Holding Ltd. reported an average oil and gas production of 12,010.5 boepd from its assets in Norway, O | [Link](https://longbridge.com/en/news/276018126.md) | | LCX - PayAgent - 16 Feb 2026 | LCX announced the launch of PayAgent, a non-custodial payment link service allowing users and AI agents to create paymen | [Link](https://longbridge.com/en/news/276014485.md) | | New Zealand Services PMI Falls Slightly | New Zealand's BusinessNZ Performance of Services Index decreased to 50.9 in January 2026 from 51.7 in December, indicati | [Link](https://longbridge.com/en/news/276016987.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.