Kioxia Holdings rebounded. The backdrop was Samsung Electronics of South Korea reporting preliminary July–September operating profit of KRW 107.4 trillion, up 8.8-fold year on year and exceeding KRW 100 trillion for the first time, with the effects spilling over into Japan's domestic memory market.
Kioxia Holdings rebounded, with growing expectations that rising prices in the semiconductor memory market are behind the move. Samsung Electronics announced preliminary July–September results, reporting operating profit of KRW 107.4 trillion, up 8.8-fold from the same period a year earlier and marking a record high for the fourth consecutive quarter.
Against this backdrop, expectations are spreading that the effects are also reaching domestic memory makers. The continued rise in semiconductor memory prices is seen as the underlying factor, and attention is focusing on Kioxia's share price performance.
Looking ahead, the decision to raise FFW and buying demand from the TOPIX rebalancing at the end of October are also being cited as market focal points. These factors may be viewed as short-term buying catalysts.