Luxurious toilets complete with heated seats and cleansing jets of water are so common in Japan that they have become synonymous with its culture. They are now taking off in the US — thanks in part due to pandemic-induced shortages of toilet paper.
Japan’s largest toilet maker, Toto Ltd, which introduced the Washlet in 1980 as a high-tech version of the bidet, said sales of the device more than doubled in the first quarter of 2020 from a year earlier, and jumped 18 percent in the first quarter of this year from a year earlier.
The outlook for further growth is bright, despite the “toilet paper panic” being over, company executive Shinya Tamura said.
Photo: Bloomberg
“Although Washlet sales in the US have grown significantly, they are still far behind the penetration rate in Japan,” said Tamura, who manages Toto’s housing equipment business in North America and Europe. “I still see a great room for growth in the US.”
Toto originally introduced the electronic Washlet for hospital patients with hemorrhoids. According to the Japan Sanitary Equipment Industry Association, more than 80 percent of Japanese households now contain such a toilet, and such devices are now ubiquitous in hotels, restaurants, department stores and other public restrooms.
Their appeal is also growing internationally. The company reported first-quarter overseas sales of ¥39 billion (US$278.14 million) across their product lines, an 8 percent increase from the same period last year.
China accounted for 43 percent of sales, followed by the US at 32 percent.
Toto started exporting the Washlet to the US in the 1980s and spent decades familiarizing foreign consumers with the product and developing networks.
The spike in sales during the COVID-19 pandemic was “a situation where the seeds sown for decades are finally flowering,” said Nariko Yamashita, who worked as part of the marketing team in the US during the pandemic.
In 2017, Amazon featured the Washlet in its Thanksgiving gift ranking, which Tamura said “paved the way for the sales boom when the pandemic hit.”
The product “flew off the shelves” in the US in 2020 as “kitchen paper, tissues and toilet paper completely disappeared from supermarkets,” Tamura said, adding that social media commentary about the benefits of bidets helped drive demand.
In addition to the US, Tamura sees potential in Taiwan, Vietnam, and other Southeast Asian nations.
Sales in China, however, are “quite sluggish” amid COVID-19 lockdowns and government efforts to suppress property prices.
“But this just means that the market scale has grown big enough to be sensitive to and easily affected by the economy,” he said.
TECH TITANS: Amazon’s latest chip joins Google in competing for the 90 percent market share held by Nvidia, which claims it is ‘a generation ahead of the industry’ Amazon Web Services (AWS) on Tuesday launched its in-house-built Trainium3 artificial intelligence (AI) chip, marking a significant push to compete with Nvidia Corp in the lucrative market for AI computing power. The move intensifies competition in the AI chip market, where Nvidia dominates with an estimated 80 to 90 percent market share for products used in training large language models that power the likes of ChatGPT. Google last week caused tremors in the industry when it was reported that Facebook-parent Meta Platforms Inc would employ Google AI chips in data centers, signaling new competition for Nvidia. This followed the release last month of
INSULATED: The company said it is less exposed to global complications, as it has built a strong footprint worldwide, and has multiple sources of rare earths and raw minerals Merck Group yesterday said it would ramp up production next year at its new flagship facility in Kaohsiung’s Lujhu District (路竹) to satisfy growing demand for advanced semiconductor materials and specialty gases, and to address supply resilience issues amid mounting geopolitical risks. Merck made the remarks during a news conference before the inauguration of its 500 million euros (US$582.1 million) facility, which is also to supply other markets in the Asia-Pacific region, it said. Merck executive board deputy chair and electronics CEO Kai Beckmann told reporters the company adopted a “local-for-local” strategy about seven years ago to address the cycle time of
Two companies wholly owned by the daughter of the founder of Hon Hai Precision Industry Co (鴻海精密) on Monday reported to the Taiwan Stock Exchange that they would dispose of all of the Hon Hai shares they hold. In filings with the exchange, Hong Wei Investment Co (鋐維) said it would sell the 2.771 million Hon Hai shares it holds and Frontier Investment Corp (承鋒投資) said it would sell its 2.409 million Hon Hai shares from tomorrow until Jan. 3 next year. The two companies are wholly owned and chaired by Shirley Gou (郭曉玲), the eldest daughter of Hon Hai founder Terry
RIDING THE WAVE: The race to build AI infrastructure has lifted the valuations of top memory makers, such as Micron, amid dwindling inventories and supply challenges Micron Technology Inc is to spend ¥1.5 trillion (US$9.6 billion) to build a plant in western Japan to make memory chips for artificial intelligence (AI) applications, the Nikkei reported on Saturday. The move comes as Micron seeks to diversify advanced chip production outside of Taiwan, the Nikkei article said, citing people familiar with the matter. The new factory will manufacture high-bandwidth memory (HBM) chips, a key component for working with AI processors such as those made by Nvidia Corp, the report said. Micron would build the facility within the compound of its Hiroshima plant, starting in May next year, with plans to launch