COMPANY

TOTO LTD.

Articles that reconnect the numbers in this company’s primary sources into a clearer picture of the business.

TOTO LTD.Fiscal year ended March 2026

From toilets to semiconductor equipment: TOTO’s second technology pillar.

¥737.4bnFY2025 consolidated net sales
41%FY2024 Advanced Ceramics operating margin
~¥30bnDecided Advanced Ceramics growth investment through FY2028
What emerges

TOTO generated ¥737.4 billion of sales in FY2025, and the company says both net sales and operating profit reached record highs. Housing equipment remains the core. But since 1984, TOTO has also built an Advanced Ceramics Business supplying electrostatic chucks and AD components for semiconductor manufacturing equipment, and that business reached record-high sales and profit in FY2025. The important link is technological: sanitary-ware slip casting, know-how in controlling shrinkage and deformation during firing, and faucet polishing are used in advanced ceramics. TOTO is not a toilet company that pivoted into semiconductors. It is a company that extended manufacturing capabilities developed in toilets and water fittings into a specialized, high-barrier industrial market.

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