Kioxia Holdings Corporation fell sharply from the previous day, closing at ¥47,900, down ¥4,600, or 8.76%. The overnight PTS price was ¥47,980, while the stock split decision and plans for major capital investment were also reported.
Kioxia Holdings Corporation shares closed at ¥47,900 in trading on 28 August, down 8.76% from the previous day. The closing price was approximately ¥4,600 lower, while trading volume appeared to be moving at a brisk pace, although some market views described the reaction as muted.
Kioxia Holdings Corporation was reported to have announced plans to make total capital investments of ¥5 trillion with SanDisk over the next 6 years. Some market views suggest this could heighten concerns about a weakening semiconductor market.
Kioxia Holdings Corporation and Tokyo Electron have also decided on stock splits. Each share will be split into 3 shares, with 30 September 2026 as the record date and 1 October 2026 as the effective date.