Not the Allbirds effect: Japan’s top bidet maker Toto has been quietly making chip supplies for decades, and the stock market finally noticed
- Posted on May 18, 2026
- By Fortune
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- 1 min read
Not the Allbirds effect: Japan’s top bidet maker Toto has been quietly making chip supplies for decades, and the stock market finally noticed
Toto didn't just flush its old business to make chips: it's been making the same components to power the world's AI infrastructure for years.