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Market Chatter: Kioxia Plans 2027 US Share Offering, Domestic Split to Widen Investor Base

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Kioxia (TYO:285A) plans to list U.S. depositary shares by mid-2027 and split its domestic stock to attract more investors amid surging AI-driven demand for memory chips, Bloomberg News reported on Thursday, citing CFO Yoshihiko Kawamura.

The NAND supplier, now Japan's most valuable firm by market capitalization, has seen its shares skyrocket nearly 900% this year, buoyed by strong industry results, the newswire said.

Kawamura told a recent shareholders meeting that a direct U.S. listing would broaden their investor base, while a stock split would lower the high cost of entry for local retail buyers, the publication said.

Kioxia didn't immediately respond to MT Newswire's request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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