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Market Chatter: Toto to Expand Semiconductor Materials Push with 80 Billion Yen Investment

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Toto (TYO:5332) plans to invest about 80 billion yen in semiconductor materials over the next five years to support future one-nanometer chip production, Nikkei Asia reported on Monday.

While best known for its ceramic bathroom fixture products, Toto has seen its semiconductor-related operations become its main profit driver as demand for artificial intelligence chips rises.

Of the planned investment through March 2030, 39 billion yen has already been committed, while the remaining amount will depend on market conditions, the report said.

The company's research and development activities are concentrated near Tokyo, and new facilities in Kyushu are expected to increase production capacity, with additional plant construction also under consideration, according to the report.

Toto did not immediately respond to a request for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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