Economy
Kioxia forecasts net profit of ¥869 billion for Q4 fiscal year
Kioxia Holdings forecasts a record net profit of ¥869 billion for the April–June quarter of fiscal 2025, driven by robust demand in data centers and consumer electronics, along with improved production efficiency. The company expects revenue to increase 1.2 times year-on-year to around ¥4.5 trillion, with operating profit reaching ¥1.2 trillion. Analysts attribute the strong outlook to a global memory chip recovery and NAND flash price gains of 15–20%.