Link: Japan’s toilet jokes are on you. Innovation is flourishing.

Japanese manufacturing is far from declining, illustrated by Toto's unexpected profit surge in semiconductor materials.

Toto, traditionally known for its advanced washlet toilets, has found significant success in a lesser-known sector of its business.

The company's high-quality ceramics for semiconductors now generate over 30% of its profits, showcasing a remarkable 40% margin.

In contrast, Toto's domestic toilet sales, its main business, have a modest profit margin of just 5%.

This shift in profit sources highlights Toto's evolving business model, which has been decades in the making.

The rise in the company's semiconductor segment showcases a dynamic adaptation, redefining its corporate identity beyond just high-tech toilets. #

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