Toto may be best known worldwide for its premium toilets and bathroom fixtures, but the Japanese company is quietly becoming a bigger player in the semiconductor supply chain.
According to Nikkei Asia, Toto plans to invest US$495 million over the next five years to expand its chip materials business. The investment will fund new equipment at its Oita and Fukuoka facilities in Kyushu, boosting production capacity and supporting the development of technologies required for the next-generation 1nm chip manufacturing.
The company is also keeping its options open. If demand continues to outpace supply, Toto is reportedly prepared to build an entirely new production facility to further expand output.
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