Marinate the water chestnuts in soy sauce for 1 hour.
Place toothpicks in water to prevent burning when baking
Roll each chestnut in the brown sugar.
Wrap each chestnut with a piece of bacon (half of a full piece of bacon).
Secure bacon with a toothpick by placing the toothpick towards the end of the bacon and piercing it through the water chestnut.
Arrange on a cake rack in a shallow baking pan.
Bake at 375 degrees F for about 25 minutes or until bacon is cooked.
Drain on paper towels.
HELPFUL HINTS: Place a little water in the bottom of the baking pan to prevent the dripping bacon grease from burning. This recipe can be prepared ahead of time and stored in refrigerator until ready to bake.