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TYO:285A

12 stories mentioning TYO:285AUpdated 17d ago

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Asia

Market Chatter: MUFG Overtakes Toyota Motor, Kioxia as Japan's Most Valuable Company with 42 Trillion Yen Valuation

Mitsubishi UFJ Financial Group (TYO:8306) overtook Toyota Motor (TYO:7203) and memory chip manufacturer Kioxia Holdings (TYO:285A) to become the most valuable company in Japan with a total valuation of 42 trillion won, several media outlets reported Monday.The valuation is based on Mitsubishi UFJ Financial Group's stock price movement on Monday, when shares momentarily surged to 3,564 yen per share, rising 103 yen from Friday's close and hitting an all-time high, according to The Japan Times.The valuation surpassed Toyota Motor's roughly 41 trillion yen and Kioxia Holdings' 36.7 trillion yen market valuation, according to Bloomberg News.Shares of Mitsubishi UFJ Financial Group added over 2% at market close, while those of Toyota Motor declined nearly 1%.(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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Asia

Market Chatter: Bain Exits Kioxia with Record AI-Driven Gains

Bain Capital has fully divested its stake in Kioxia (TYO:285A), ending a transformative investment in the Japanese chipmaker, Bloomberg News reported on Wednesday, citing managing partner David Gross.The firm secured unprecedented returns as AI-fueled demand propelled the flash memory manufacturer's stock to surge over 4,500% since its IPO, the news wire said.Gross, in a recent interview, confirmed the exit and described the outcome as highly successful for all parties, the publication said.(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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Asia

Market Chatter: Kioxia Begins Shipping Next-Gen AI Memory Chips as CEO Vows Capacity Expansion

Kioxia (TYO:285A) has started sending samples of its new 332-layer 3D flash memory chips to AI data center operators, aiming to capture a larger share of the high-margin market, Bloomberg News reported on Thursday, citing CEO Hiroo Ota.The company claims its 10th-generation chips store 59% more data and offer superior efficiency and speed over its previous flagship model, the news wire said.Following the announcement, Kioxia's shares rebounded from steep losses to climb 9.2%, as Ota affirmed readiness to boost spending on production capacity, the publication said.Ota also emphasized that the company sees no signs of weakening data center demand, reinforcing its aggressive growth stance, the report said.(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.)

TYO:285A
Asia

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

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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Asia

Market Chatter: AI Boom Propels Kioxia Past Toyota as Japan's Most Valuable Firm; Kioxia Shares Jump 9%

Driven by the global surge in artificial intelligence, chipmaker Kioxia (TYO:285A) has overtaken Toyota (TYO:7203) to be Japan's largest company by market value, Bloomberg News reported on Saturday.Following a 7.6% jump in its shares, Kioxia's valuation exceeded 44 trillion yen on Friday, while Toyota closed at 43.8 trillion yen, the news wire said.This change reflects a rising investor appetite for semiconductor companies, fueled by strong demand for AI data center chips, the publication said.Kioxia's stock has skyrocketed more than 670% this year, making it the top performer on a major global index, the report said.Kioxia shares jumped over 9% in morning trade Monday.(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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Asia

Market Chatter: Kioxia Seeks to Regain NAND Edge Against Rivals Like Samsung

Kioxia (TYO:285A) is seeking to recover lost market share by commercializing a new technology ahead of its competitors such as Samsung Electronics (KRX:005930), Nikkei Asia reported Tuesday, citing the company's engineer.The plan comes as rising demand for data center memory extends to NAND flash chips, the report said.The company is set to hold its first investor strategy briefing in a year on Tuesday, where Kioxia is expected to outline its technology roadmap, according to Nikkei.While Kioxia's predecessor Toshiba, pioneered vertical stacking technology for NAND in 2007, the company has recently lagged behind rivals in layer counts-its main products still use 218 layers, compared to SK Hynix's (KRX:000660) 300-plus-layer chip unveiled in summer 2023, the publication said.(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.)

KRX:000660KRX:005930TYO:285A
Asia

Japanese Shares Hit Record Highs Led By Tech Stocks

Japanese shares crossed a record high of 67,000 in Monday's trade to close higher, tracking Asian peers that also posted gains driven by optimism over investments in artificial intelligence.The Nikkei 225 pared early gains to close up 604.83 points or 0.9% at 66,934.33.The focus on technology stocks helped overcome caution around the slow progress in the negotiations for a peaceful resolution of the ongoing geopolitical tensions in Iran.The gains were led by the SoftBank Group (TYO:9984), the investment company that focuses heavily on AI, closing up over 14% after extending its gains from last week. The surge in the company's share price on Monday helped SoftBank to push its market capitalization to over 47 trillion yen, making it the most valuable company on the Tokyo exchange for the first time in over two decades.It was also reported that on Sunday, SoftBank Group (TYO:9984) has committed to developing and operating 5 gigawatts of artificial intelligence data center capacity in France, with a pledge to invest up to 75 billion euros.Also, Japanese technology group Kioxia Holdings Corp (TYO:285A) closed higher by over 10%.In other corporate news, Kansai Electric Power (TYO:9503) plans to build new liquefied natural gas-fired plants as part of a broader push to increase generating capacity by about 30% by fiscal 2040, Nikkei Asia reported Monday, citing President Nozomu Mori.Also, Shionogi & Co's (TYO:4507) has received the US Food and Drug Administration's approval for its Xocova or ensitrelvir as the first and only oral antiviral for post-exposure prophylaxis of COVID-19 in individuals aged 12 and older, according to a Tokyo bourse filing on Monday.

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Asia

Fitch Upgrades Kioxia to BBB- on Financial Profile Boost

Fitch Ratings raised Kioxia Holdings' (TYO:285A) issuer default rating to BBB- from BB+, with a stable outlook, according to a Monday release.The rating action considers the boost in the Japanese company's financial profile on a mid-cycle basis given improved operating performance, solid cash generation, and reduced funding costs after refinancing its debt, Fitch said.The company has shown strong EBITDA profitability, resulting to positive free cash flow generation and EBITDA leverage kept at under 0.5x, the rating agency said.The company now has improved capacity to weather volatility in the NAND memory semiconductor cycle, Fitch said.The rating reflects the company's major position in the NAND industry, driven by advanced technological capability, resilient cost competitiveness, and high barriers to entry.Notable shifts in the company's market share, profit margin, EBITDA leverage, and cash flow could prompt future rating actions.

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Asia

Kioxia Holds Market Value Above 30 Trillion Yen to be Japan's Fourth-Largest Listed Firm; Shares Up 3%

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.

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Asia

Kioxia's Profit Soars 104% in Fiscal Year 2025

Kioxia's (TYO:285A) profit attributable to owners of the parent jumped 104% to 554.5 billion yen for the fiscal year 2025 from 272.3 billion yen a year earlier.The computer memory manufacturer's earnings per share increased to 1,009.15 yen from 515.45 yen a year ago, according to a Tokyo bourse filing on Friday.Revenue jumped 37% to 2.338 trillion yen for the period ended March 31 from 1.706 trillion yen in the prior year.For the fiscal first quarter ending June 30, the company expects attributable profit of 869 billion yen and revenue of 1.75 trillion yen.Kioxia did not share any dividend forecast for the current fiscal year.

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Asia

Kioxia Holdings Mulls U.S. ADS Listing, No Final Details Set

Kioxia Holdings (TYO:285A) will prepare to list American depositary shares representing its common stock on a U.S. exchange, according to a Friday filing on the Tokyo Stock Exchange.The company said the plan remains subject to regulatory approval and that details, including timing, venue and structure, have not yet been decided, adding it may discontinue the process depending on conditions during preparation.

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Asia

Japan Approves Additional Funding for Chipmaker Rapidus

Rapidus has secured additional funding from Japan's New Energy and Industrial Technology Development Organization (NEDO) for its fiscal year 2026 plans to accelerate next-generation 2nm logic semiconductor development.The approval covers two projects: front-end process R&D for 2nm integration and short-TAT manufacturing, and back-end development for chiplet, package design, and manufacturing tech, according to a statement on Sunday.The approved funding totalled 631.5 billion yen, according to a Reuters News report, citing Japan's industry ministry.In fiscal year 2025, Rapidus verified Japan's first 2nm GAA transistor on 300mm wafers and prototyped the industry's first organic RDL interposer using a 600mm square panel.With the new budget, Rapidus will now progress toward its target of starting mass production in 2027.Rapidus was established in August 2022 with the support of eight major Japanese companies: Denso(TYO:6902), Kioxia(TYO:285A), MUFG Bank (TYO:8306), NEC(TYO:6701), NTT (TYO:9432), SoftBank(TYO:9984), Sony (TYO:6758), and Toyota (TYO:7203)

TYO:285ATYO:6701TYO:6758TYO:6902TYO:7203TYO:8306TYO:9432TYO:9984

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