TOKYONovember 11 (News On Japan) – Kioxia Holdings, a major semiconductor company, has announced plans to pursue a listing on the Tokyo Stock Exchange between next month and June of next year.
Kioxia was sold in 2018 as part of Toshiba’s restructuring plan and now operates as an independent semiconductor memory giant.
The company initially wanted to go public in October this year, but postponed the listing while monitoring conditions in the semiconductor market.
In a securities report filed on the 8th, Kioxia indicated that it plans to list between next month and June next year. However, sources familiar with the matter suggest that given the favorable market outlook, the company could pursue a listing as early as next month.
In the interim financial report published on the 8th, Kioxia reported record high sales revenues and operating profits for this period.
