Japan’s Kioxia plans to issue American Depositary Receipts (ADRs) in spring next year

TechFlow News, June 25: Kioxia, a NAND memory supplier, plans to issue American Depositary Receipts (ADRs) in spring 2027 to capitalize on robust global semiconductor demand driven by the AI boom. At the company’s annual general meeting, CFO Yoshihiko Kawamura stated that Kioxia intends to enter the U.S. market following the end of its current fiscal year in late March.

“Our target timing is the beginning of the next fiscal year—approximately April, May, or June,” said Yoshihiko Kawamura. “This move is highly significant for the company, as it will establish a direct link with the U.S. market, and we will spare no effort to ensure its success.” (Jinshi)