{
  "company": "Kioxia Holdings Corporation",
  "ticker": "285A",
  "exchange": "Tokyo Stock Exchange (Prime)",
  "as_of": "2026-05-20",
  "currency": "JPY",
  "usd_conversion_note": "USD-Näherungen sind eigene Umrechnung mit Kurs-Stand ca. 1 USD = 155 JPY (Mai 2026). Nur zur Größeneinordnung, nicht reported.",
  "fiscal_year_note": "Kioxias Geschäftsjahr endet am 31. März. FY2024 = endete 31.03.2025; FY2025 = endete 31.03.2026.",
  "fy2024_full_year": {
    "period": "01.04.2024 - 31.03.2025",
    "revenue_billion_jpy": 1706.5,
    "non_gaap_operating_profit_billion_jpy": 453.0,
    "ifrs_net_income_billion_jpy": 272.3,
    "note": "Höchster Stand seit der Verselbstständigung von Toshiba 2018. Erholung aus dem Vorjahresverlust.",
    "source": "Kioxia FY2024 Results / Integrated Report 2025"
  },
  "fy2025_full_year": {
    "period": "01.04.2025 - 31.03.2026",
    "revenue_billion_jpy": 2337.6,
    "revenue_yoy_percent": 37,
    "gross_profit_billion_jpy": 1103.2,
    "operating_profit_billion_jpy": 870,
    "net_income_attributable_billion_jpy": 554,
    "operating_cash_flow_billion_jpy": 616.5,
    "free_cash_flow_billion_jpy": 395.0,
    "cash_and_equivalents_billion_jpy": 470.7,
    "equity_ratio_percent": 37.9,
    "segment_ssd_storage_billion_jpy": 1362.6,
    "segment_smart_devices_billion_jpy": 760.0,
    "source": "Kioxia FY2025 Results (gemeldet 19.05.2026); StorageNewsletter 19.05.2026"
  },
  "q3_fy2025": {
    "period": "Quartal endend 31.12.2025",
    "revenue_billion_jpy": 543.6,
    "revenue_qoq_percent": 21.3,
    "revenue_yoy_percent": 20.8,
    "net_income_billion_jpy": 89.5,
    "net_margin_percent": 16.5,
    "ssd_storage_revenue_billion_jpy": 300.4,
    "ssd_storage_share_percent": 55,
    "source": "Kioxia Q3 FY2025 Results; TrendForce 13.02.2026; BlocksandFiles 13.02.2026"
  },
  "market_position": {
    "nand_rank": "Nr. 3 weltweit nach Umsatz (Q3 2025)",
    "nand_market_share_q3_2025_percent": 15.3,
    "nand_qoq_revenue_growth_q3_2025_percent": 33.1,
    "source": "TrendForce Q3 2025 NAND-Ranking (03.12.2025)"
  },
  "technology": {
    "current_node": "BiCS8 (218 Layer 3D NAND, CMOS directly Bonded to Array)",
    "previous_nodes": "BiCS5 = 112 Layer, BiCS6 = 162 Layer",
    "qlc_product": "2 Tb QLC-Die, bis 245,76 TB SSD (LC9) für KI-Datenseen / LLM-Training",
    "source": "Kioxia / AnandTech (FMS 2024); BlocksandFiles 23.07.2025"
  },
  "ipo": {
    "date": "2024-12-18",
    "exchange": "Tokyo Stock Exchange (Code 285A)",
    "ipo_price_jpy": 1455,
    "market_cap_at_pricing_billion_jpy": 886.76,
    "backer": "Bain Capital-geführtes Konsortium (seit 2018)",
    "source": "Bloomberg 22.11.2024; The Memory Guy; Nippon.com"
  },
  "debt": {
    "senior_facility_borrowings_billion_jpy": 429.4,
    "as_of": "2025-03-31",
    "net_debt_to_equity_fy2024_percent": 39,
    "net_debt_to_equity_prior_year_percent": 126,
    "target": "Leverage < 1x mittelfristig, langfristig Netto-Cash-Position",
    "source": "Kioxia Semi-Annual Securities Report FY2025; S&P Global Ratings"
  }
}