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TOTO ( (JP:5332) ) has issued an update.
TOTO reported that its core housing equipment business, built over more than a century and led by its remodeling-focused sanitary ware and WASHLET lines, remains the main driver of profitability and global growth, particularly in the Americas and Asia, even as it restructures its underperforming Mainland China operations. Alongside this, TOTO is advancing a high-margin new business in advanced ceramics, leveraging its sanitary ceramics know-how and efficient production systems to supply high-grade, high-durability, low-particle ceramic components such as electrostatic chucks and AD films to semiconductor manufacturing equipment makers serving logic and memory chip markets, positioning the company to benefit from demand in data centers, PCs, and smartphones.
The most recent analyst rating on (JP:5332) stock is a Hold with a Yen5260.00 price target. To see the full list of analyst forecasts on TOTO stock, see the JP:5332 Stock Forecast page.
More about TOTO
TOTO LTD. is a Japan-based global housing equipment manufacturer best known for its sanitary ware, high-end WASHLET toilets, faucets, bathtubs, system bathrooms, vanity units, and modular kitchens, with a business model centered on the home remodeling market rather than new construction. The company positions the Americas and Asia as key growth markets, emphasizes design and water efficiency, and is undertaking structural reforms in its Mainland China business amid sharply deteriorating performance, while also expanding into a new advanced ceramics domain supplying high-grade components for semiconductor manufacturing equipment.
Average Trading Volume: 830,172
Technical Sentiment Signal: Buy
Current Market Cap: Yen801.5B
See more insights into 5332 stock on TipRanks’ Stock Analysis page.