"Toto is the world's second-largest producer of electrostatic chucks (E-chucks) used to manufacture NAND memory, designed to securely hold silicon wafers during fabrication via electrostatic force."
"The ceramics division, established in 1984, also produces aerosol deposition components and structural parts for large LCD panels, showcasing Toto's diverse manufacturing capabilities."
"The AI boom has powered a sustained stock market rise, benefiting unexpected industries like Toto's ceramics division, which is experiencing significant growth due to increased demand."
Toto, known for its Washlet toilets, has a thriving ceramics division that produces components for NAND memory chips, contributing 55% to its operating profit. This division grew by 34% last year due to AI chip demand and is expected to grow another 27% next year. Toto plans to invest 30 billion yen to enhance production and R&D. Other Japanese companies like Kao and Ajinomoto are also benefiting from AI-related demands, highlighting the broader impact of the AI boom on various industries.
Read at Engadget
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