Bain and Toshiba in tug-of-war over Kioxia IPO date

Japanese memory chip maker's near-term valuation outlook has dimmed

20241021N kioxia

Kioxia has struggled as its core NAND memory operations have not taken advantage of the AI boom. (Kioxia)

RYO MUKANO and AYA ONISHI, Nikkei staff writers

TOKYO -- The timing of memory chip maker Kioxia Holdings' Japanese stock market debut remains up in the air as major shareholders Bain Capital and Toshiba find themselves at odds over when the listing should go ahead.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.