Japanese toilet maker Toto surges 18% on AI chip component expansion plan
Toto's shares surged 18% following record annual earnings and plans to expand production of semiconductor components used in NAND memory chips. The company's advanced ceramics division, which supplies electrostatic chucks for chip manufacturing, drove profits amid strong demand from data centers and AI applications. Despite weaker performance in its core bathroom fixtures business, Toto's semiconductor-related outlook boosted investor confidence.
- ▪Toto reported record annual operating profit of ¥53.8 billion and net sales of ¥737.4 billion for the fiscal year ending March 31, 2026.
- ▪Sales in Toto's advanced ceramics division reached ¥67.4 billion, with operating profit rising to ¥28.9 billion due to demand for semiconductor components.
- ▪The company plans increased investment in electrostatic chucks, citing sustained demand from data centers and AI-related applications.
- ▪Toto expects another record profit in fiscal 2027, supported by semiconductor market growth.
- ▪Unlike speculative AI rebrands like AllBirds, Toto has an established business supplying real components to the semiconductor industry.
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Photo: TOTO USA Japanese toilet maker Toto surges 18% on AI chip component expansion plan Toto shares jumped after the company posted record annual earnings and announced new investment in semiconductor components used in NAND memory production. Share Add us on Google by Estefano Gomez May. 1, 2026 Toto shares surged Friday after the Japanese toilet maker reported record annual earnings and unveiled plans to expand production of semiconductor components, turning the washlet brand into one of the stranger AI infrastructure plays in global markets. Shares jumped more than 18% to ¥6,425 after Toto said operating profit rose to ¥53.8 billion for the year ended March 31, up from ¥48.5 billion a year earlier.
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