Kioxia Holdings Corp. on Friday reported July-September operating profit of 1,994.7 billion yen (about $12.4 billion at the 161-yen average dollar rate in the filing) as NAND flash prices and shipments rose on data-center demand, and said it expects operating profit of 1,995.0 billion yen in the October-December quarter².

The Tokyo-listed NAND maker said quarterly revenue was 2,480.0 billion yen, up 712.9 billion yen from April-June, with SSD and storage at 1,616.0 billion yen and smart devices at 788.9 billion yen². Profit attributable to owners of the parent was 1,355.7 billion yen^2,3.

Techmeme’s roundup of Bloomberg’s Takashi Mochizuki put fiscal second-quarter operating profit at about $12.7 billion, about 22 times a year earlier and in line with estimates, and said the company’s next-quarter operating-profit forecast of about $12.7 billion sat below about $14.9 billion in estimates¹. Newsquawk similarly reported Q3 operating-profit guidance of 2.00 trillion yen versus 2.35 trillion yen expected, with net profit of 1.356 trillion yen essentially matching a 1.36 trillion yen estimate³.

Kioxia’s own outlook does not cite Street numbers. It said data-center demand should stay strong but that a weaker dollar versus the yen would leave third-quarter revenue and profit broadly in line with the second quarter, with revenue seen at 2,500.0 billion yen². The company used an assumed 157-yen dollar rate for the outlook, versus 161 yen in the just-reported quarter².

For the six months through September, Kioxia reported revenue of 4,247.2 billion yen, up from 791.1 billion yen a year earlier, and operating profit of 3,264.7 billion yen, up from 130.8 billion yen². Management attributed the jump mainly to higher average selling prices and bit shipments for generative-AI data-center customers, plus a weaker yen, partly offset by litigation provisions, employee profit-sharing, and stock-based pay².

The company declared an interim dividend of 90 yen per share on a pre-split basis, with payment scheduled for Dec. 8, 2026^2,3. It also recorded 800.3 billion yen of treasury-share purchases in the half². A 3-for-1 stock split took effect Oct. 1, 2026².

Kioxia does not publish a full-year plan because of short-cycle volatility in memory, the filing said². The company warned that actual results may differ from the outlook because of demand, competition, and other industry risks².