--- title: "Kioxia (285A.JP) 1Q Operating Profit and Net Profit Miss Forecasts; Announces 1-for-3 Stock Split" type: "News" locale: "en" url: "https://longbridge.com/en/news/294469573.md" description: "Japanese NAND flash memory company Kioxia (285A.JP) announced that its 1Q operating profit amounted to JPY1.27 trillion, compared with JPY44.9 billion in the same period last year, missing market forecasts of JPY1.37 trillion. Net profit reached JPY842.165 billion, compared with JPY18.284 billion in the same period last year, below market estimates of JPY973.81 billion.Kioxia also announced a 1-for-3 stock split and unveiled a share buyback plan with a maximum repurchase amount of JPY800 billion. (ha/u)" datetime: "2026-07-31T07:16:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294469573.md) - [en](https://longbridge.com/en/news/294469573.md) - [zh-HK](https://longbridge.com/zh-HK/news/294469573.md) generator: "portal-rs" --- # Kioxia (285A.JP) 1Q Operating Profit and Net Profit Miss Forecasts; Announces 1-for-3 Stock Split Japanese NAND flash memory company Kioxia (285A.JP) announced that its 1Q operating profit amounted to JPY1.27 trillion, compared with JPY44.9 billion in the same period last year, missing market forecasts of JPY1.37 trillion. Net profit reached JPY842.165 billion, compared with JPY18.284 billion in the same period last year, below market estimates of JPY973.81 billion. Kioxia also announced a 1-for-3 stock split and unveiled a share buyback plan with a maximum repurchase amount of JPY800 billion. (ha/u) ### Related Stocks - [KXIAY.US](https://longbridge.com/en/quote/KXIAY.US.md) ## Related News & Research - [China’s YMTC breaks into top 3 flash-memory suppliers with 14% market share](https://longbridge.com/en/news/295762559.md) - [Kioxia readies next-gen memory mass production as AI boom fuels dramatic comeback](https://longbridge.com/en/news/291594525.md) - [SK Hynix to announce steps to boost shareholder returns on Wednesday](https://longbridge.com/en/news/303016405.md) - [Tesla-SpaceX Merger Stands at 80%-90% Chance, Dan Ives' $500 Price Tag Explains Why](https://longbridge.com/en/news/303112286.md) - [Verizon CEO Says SpaceX May Be Years Away From Becoming America's 'Sixth' Wireless Competitor](https://longbridge.com/en/news/303109070.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**