More companies whose core businesses are food and daily necessities are generating profits from products for semiconductor materials and equipment. We select and introduce 20 “hidden semiconductor stocks” from the food, textile and other industries, following Ajinomoto, Kao and TOTO.
The stock market is focusing on cases in which companies engaged in food and daily necessities are generating profits from semiconductor materials and related technologies amid strong AI-driven demand for semiconductors. The importance of supporting materials is rising, particularly as demand grows for HBM and advanced packaging.
ADEKA provides a case in point. Its semiconductor materials revenue rose 47% year on year in the fiscal year ending March 2026, while in the April–June period, revenue jumped 47% and operating profit surged 83% year on year. As with Ajinomoto, Kao and TOTO, companies are increasingly shifting semiconductor-related materials and technologies into core business pillars.
Looking at performance trends in the April–June 2026 period, ADEKA’s semiconductor materials revenue rose substantially to ¥10.8 billion and operating profit to ¥2.6 billion. The company also revised up its full-year earnings forecast for the current fiscal year, and further investment expansion, including at its Semiconductor Innovation Center, is expected to continue.
Against this backdrop, this article selects 20 food, daily necessities and textile companies as “hidden semiconductor stocks” following Ajinomoto, Kao and TOTO, and examines how they generate earnings from semiconductors, their latest results and their growth investments.