[Economy IT] Kioxia， formerly Toshiba’s memory semiconductor business， expects consolidated sales for the fiscal year ending March 2025 to reach a record high of 1．6 trillion yen．
0001Defendant on the sidelines ★.Aug. 31, 2024 (Sat) 23:45:31.48ID:MQM7Pe7T9
Kioxia Expects Sales to Hit Record High of 1.6 Trillion Yen in FY2025 Kioxia Holdings (Tokyo), formerly Toshiba’s memory semiconductor business, is forecasting its consolidated sales for the fiscal year ending March 2025 to reach a record high of 1.6 trillion yen, it was learned on the 31st. The rapid recovery of the semiconductor market is a tailwind. The company applied for listing on the Tokyo Stock Exchange on the 23rd of this month, and aims to list as early as October, so this strong performance will provide a boost. Operating profit, which represents the profit from the company’s main business, is also expected to be around 300 billion yen. The company is aiming for a V-shaped recovery from its largest-ever deficit of 252.7 billion yen, recorded in the fiscal year ending March 2024. The strong performance is expected to boost the offering price and the company’s market capitalization after listing, leading to sufficient capital investment and development funds. With a market capitalization of more than 1.5 trillion yen, it could become the largest IPO this year. At this point, we expect similar performance for the fiscal year ending March 2026. The highest sales revenue to date was 1.5265 trillion yen in the fiscal year ending March 2022. The company’s highest operating profit was 456.8 billion yen in the fiscal year ending March 2018, during its time as Toshiba Memory, and the company expects the fiscal year ending March 2025 to be the second highest level. Kioxia jointly operates factories in Yokkaichi, Mie Prefecture, and Kitakami, Iwate Prefecture, with Western Digital of the United States. Kyodo News, distributed on Saturday, August 31st at 15:29.
>>9 Toshiba’s semiconductor and medical equipment businesses have technologies that other companies want. Canon acquired the medical equipment business and it is now called Canon Medical Systems.
>>14 It may seem like an old idea at first glance, but it’s actually true. It might be a good idea to start activities to steadily expand the reach of such areas as soon as possible.
Please turn a profit. The only surviving company in the Japanese semiconductor industry. So the market capitalization is down because Toshiba Memory was paid out 2 trillion yen due to improper accounting?
The semiconductor market is recovering, and the Windows update issue is likely to lead to demand for PC replacements, so business performance is likely to remain steady.
Semiconductors were once a specialty of the company, but they incurred America’s wrath and have fallen into such decline that they are still far too cheap.
I think that not long ago Japan abandoned Elpida because they thought that semiconductors were something that underdeveloped countries like Taiwan were doing. Isn’t that a bit lacking in style?
>>27 I think it was around 2008. The government (Ministry of Economy, Trade and Industry) has shown an attitude of abandoning semiconductors and only supporting the automotive industry.
I think CPU and GPU design should also be done by people at the University of Tonkin and Tonkin Tech University in Ilbon. Rather than letting foreigners do it, the government should develop the industry as a national policy. Overtourism is stupid.
>>31 The stupid politicians and bureaucrats only have tourism and immigration on their minds right now. They’re stubborn, so once they get into a position, they just keep going and there’s nothing you can do about it.
It’s amazing how Japan has become completely nonexistent in all kinds of industries in such a short time. Japan is becoming a country whose only redeeming features are tourism and prostitution. The decline under the Abe administration has been particularly bad. Before that, there were the lost 20 years, and the Abe era was a decade of decline and the country heading towards ruin.
Is Ronyasu of Hinode Sanso the beginning of Japan’s decline? Japan needs to get serious about removing America from the political and economic spheres.
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