TYO:285A

23 stories mentioning TYO:285AUpdated 4d ago

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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.

TYO:285A

Asia122d ago

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.

TYO:285A

Asia153d ago

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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