Kioxia: Sets First Interim Dividend at ¥90, Pledges Surplus Cash

Kioxia will pay an interim dividend of ¥90 per share, based on a record date of Sept. 30, 2026. Its latest dividend forecast and year-earlier result were both zero.

The total dividend will be ¥47.937 billion, funded from retained earnings. The payment takes effect on Dec. 8, 2026. This is Kioxia’s first-ever dividend.

Kioxia plans to return medium- to long-term surplus cash to shareholders after covering required future spending and maintaining a net cash position. Its basic policy combines progressive dividends with flexible share buybacks.

• Priority spending: Cover capital investment, research and development, human capital investment, strategic investments such as M&A, and other committed future expenditures.
• Financial condition: Maintain a net cash position after funding future expenditures.
• Approach to returns: Return 100% of cash that remains surplus over the medium to long term.
• Return methods: Make progressive dividends the foundation, with share buybacks conducted flexibly.

Kioxia has pledged to return all surplus cash, while first securing investment for business growth and financial flexibility.

Kioxia said performance and cash flow have improved substantially, and its financial position has strengthened, against a backdrop that includes rising AI-related demand. Kioxia also bought back shares in August 2026 and said conditions are now in place to advance shareholder returns through the dividend as well.

The dividend puts improved earnings and cash flow to work for shareholders. Future returns will depend on how much surplus cash remains after Kioxia funds investment plans and other future spending.