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Japan's top toilet maker boosts AI chip components business, shares hit 5-year high
short by Mansi Agarwal / on Saturday, 2 May, 2026
Shares of Toto, Japan's largest toilet maker, jumped 18% to a five-year high on Friday after the company unveiled plans to expand its chip components business and reported strong earnings. Its advanced ceramics division makes components used in NAND memory chips, demand for which has surged due to AI. The unit now accounts for over half of its operating profit.
read more at NDTV Profit