Toto Plans to Shift Majority of Capex to Chip-Related Operations

MT Newswires Live
06/03

Japanese toilet maker Toto Ltd. plans to allocate more than half its total capital expenditure to chip-related operations in coming years, driven by surging demand from semiconductor equipment makers for its specialized ceramics, Bloomberg reported Tuesday.

Toto's Chief Technology Officer Ryosuke Hayashi said spending on semiconductor-related products, which accounted for 11% of capex in the fiscal year ended March, will overtake housing equipment spending as the company completes large-scale expansion in the US and China, the report said.

Toto is allocating about 30 billion Yen ($190 million) to capital spending this fiscal year, ramping up production of its electrostatic chucks used in chip fabrication, the report added.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10