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Kioxia overtakes Toyota as Japan's most valuable listed company on AI memory demand
Kioxia's market value reached about ¥44.4 trillion, passing Toyota to top Japan's stock market for the first time, as AI data centres drive demand for flash memory. It had listed in Tokyo in December 2024 at a market value of ¥863 billion.
- Market cap about ¥44.36 trillion vs Toyota's about ¥43.84 trillion
- Shares closed at ¥81,200 that day
- Up from a ¥863 billion value at its December 2024 debut
- Plans to start paying dividends in the second half of fiscal 2026