KIOXIA reports record first-half profit on AI-driven memory demand
Revenue rose to ¥4,247.2 billion and profit attributable to owners of parent reached ¥2,197.9 billion for the six months ended September 30, 2026.
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Flash memory and solid-state drive manufacturer
kioxia.comLast updated
In short: KIOXIA reported record quarterly results but signaled growth was leveling as NAND price gains moderated.
Revenue rose to ¥4,247.2 billion and profit attributable to owners of parent reached ¥2,197.9 billion for the six months ended September 30, 2026.
The company resolved to pay interim dividends of 90 yen per share following a stock split. KIOXIA aims for progressive dividends with 100% of excess funds allocated to shareholders.
The positive outlook reflects high profitability and a net cash position driven by AI-focused data center demand.
The capital will fund Yokkaichi and Kitakami plant upgrades through 2032 to secure flash memory supply for AI demands. The move aligns with Japanese government economic goals and strengthens the joint venture.
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