Kioxia Holdings (TYO:285A) held its market value steady at over 30 trillion yen on Friday, making it the fourth-largest listed company in Japan by market capitalization.
The stock rose more than 3% above Thursday's closing price.
Kioxia recently posted profit attributable to owners of 554.5 billion yen for the fiscal year 2025, a 104% increase from 272.3 billion yen a year earlier.
For the fiscal first quarter ending June 30, the company expects attributable profit to jump nearly 50 times more to 869 billion yen from just 18.3 billion yen a year ago.