Long Japanese Bathroom Technology

by Mr Juggles

Returning from a recent trip to Tokyo and enamored with Japanese technology in general — and bathroom-related technology in particular — I recommended that an acquaintaince of mine pick up a few shares of Toto. Two weeks later, I find out that he has invested in a comeback attempt by Toto, the multi-platinum, Grammy-winning band responsible for the hit, Africa.

I suppose I should have been more specific, especially since US investors are typically skeptical that a toilet maker can sustain a $3.6bn market cap and a 37x P/E. To clarify and rectify my mistake, I hereby formally recommend a long position in Japanese toilet technology plays. Our extensive field testing indicates that the new features such as the Cyclone Flushing System and the integrated rear warm water washing in products like the Neorest 600 will allow Toto to increase market share and deliver solid returns, as well as encourage me to stay regular.

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