Toto, Japan's Leading Bidet Maker, Surges on AI Chip Exposure and Record Earnings
Japan’s top bidet manufacturer, Toto (ticker: 5332), has seen its stock rise after the market recognized its long-standing role in chip supply. The company reported record operating profit of ¥53.8 billion ($338 million) and net sales of ¥737.4 billion ($4.6 billion). Unlike Allbirds, which rebranded into an AI firm with limited technical expertise, Toto has been quietly supplying components for decades.
Topics: AI chips Allbirds Effect bidets stock market reaction Toto