Kioxia HoldingsKioxia Holdings Corporation285A東京証券取引所電気機器FY ending Mar 2026, consolidated, IFRS

Kioxia Holdings FY ending Mar 2026 results

Kioxia Holdings brought in ¥2.34T in revenue.

Out of every ¥100 of sales, about ¥37 is left as operating profit.

Revenue changed +37.0% from the prior year, operating profit +92.7%.

Revenue and profit pattern

Revenue and profit upProfit grew faster

Revenue +37.0% · profit +92.7%, calculated from disclosed figures.

Operating leverage: 2.51× (profit growth ÷ revenue growth)

What changed from last year

FY ending Mar 2025 → FY ending Mar 2026

Revenue: +37.0%¥1.71T → ¥2.34T
Gross profit: +77.9%¥569.4B → ¥1.01T
Operating income: +92.7%¥451.7B → ¥870.4B
Net income attributable to owners: +103.6%¥272.3B → ¥554.5B
Operating cash flow: +29.4%¥476.4B → ¥616.5B
Free cash flow: +32.7%¥250.8B → ¥332.9B

Results at a glance

Revenue for the FY ending Mar 2026 was ¥2.34T, up 37.0% from ¥1.71T.
Operating income climbed 92.7% to ¥870.4B, and net income attributable to owners rose 103.6% to ¥554.5B.
Profits grew much faster than sales, so the company kept far more of each yen it sold.

What drove the change

Data center customers, driven largely by generative AI, bought heavily, which pushed average selling prices up sharply.
Shipments measured in storage capacity also increased.
Customer inventory cutbacks from the previous year ended, and demand from smartphones and PCs recovered.

Things to watch

Flash memory runs in boom-and-bust cycles; if rivals add capacity or customers overstock, prices can fall fast.
Data center SSD demand comes from a small number of very large buyers, so a change in their orders hits sales directly.
Heavy spending on plants and R&D keeps fixed costs high, so even a modest dip in sales can swing profit and cash flow widely.

Annual Securities Report, 8th fiscal term (Apr 2025 – Mar 2026) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report, 8th fiscal term (Apr 2025 – Mar 2026) / 事業等のリスク

Where the money goes

FY ending Mar 2025 → FY ending Mar 2026

Where ¥100 of sales goes

For every ¥100 Kioxia Holdings sells, how much goes where, and how much is kept.

FY ending Mar 2026

Cost of sales: ¥57
SG&A: ¥6
Operating profit: ¥37
Net profit kept: ¥24

Annual margin trends

Gross margin43.3%

Operating margin37.2%

Net margin23.7%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Sources

Show source documents (2)

EDINET (FSA Japan)
有価証券報告書－第8期(2025/04/01－2026/03/31)
ID S100YJ182026-06-24Open
EDINET (FSA Japan)
有価証券報告書－第7期(2024/04/01－2025/03/31)
ID S100W4402025-06-26Open

Extracted from XBRL: 41 / Derived from other figures: 1

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