Slides
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. Second Quarter of FY2026 Financial Results Kioxia Holdings Corporation October 30, 2026
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 2 Forward-looking statements included in this presentation are prepared based on our expectations and projections in light of the information currently available to us, which involve various risks and uncertainties (including, but not limited to, economic trends, market demandand the highly competitive semiconductor industry). Such risks and uncertainties may cause our actual results to be materially different from any futureresults expressed or implied by these forward-looking statements. We undertake no obligation to update any forward-looking statements included herein. The information and projections regarding the flash memory industry included in this presentation are our assumptions and projections derived from information currently available to us. Whilst this presentation is provided in good faith, it does not purport to be comprehensive and has not been independently verified. We make no representations with respect to such information and projections. This presentation includes Non-GAAP measures we use internally in making decisions. Non-GAAP measures exclude non-recurring items and other specific items from IFRS-based figures to more easily evaluate the Group’s fundamental profitability. We believe that disclosingnon-GAAP measures makes it easier for stakeholders to compare the Group’s performance with that of other companies in the same industry and against previous fiscal years. Non-GAAP measures are used internally by us and are not accounting items based on IFRS, and have not been audited or reviewed by auditors. Therefore, such non-GAAP measures may not accurately reflect the Group’s financial condition or operating results. “Non-recurring items” are temporary gains and losses that we consider should be excluded for non-GAAP measures, including the impact of purchase priceallocation (PPA) arising from mergers and acquisitions, provisions for losses on litigation, and the impact of significant changes to tax policies. “Other specific items” are gains and losses that we consider difficult to compare with other companies due to factors such as different accounting standards, including costs for the fiscal year recorded under the Group’s continuous service and performance-linked stock-based remuneration plans. This presentation includes internal measures which our management relies upon in making decisions (the "Non-GAAP Financial Measures") that differ from financial measures prepared in accordance with International Financial Reporting Standards ("IFRS"). The Non-GAAP Financial Measures, which are IFRS measures plus adjustments made for non-recurring items, have not been audited or reviewed by auditors. Therefore, such Non-GAAP Financial Measures may not accurately reflect our financial condition or operating results. This presentation was prepared to provide information on our consolidated financial results for the secondquarter of fiscal year ending March 31, 2027 and does not constitute, or form a part of, any offer or solicitation to purchase or subscribe for securities in any jurisdiction. Disclaimer
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 3 Today’s Agenda ‒ NAND Market Overview ‒ Enhancement of Production Capability to Support Growing Demand in the AI Era1 2 ‒ FY2026 Q2 Results and Q3 Guidance ‒ Continued value creation driven by our strategic priorities
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー Overview of the NAND Market and Enhancement of Our Production Capability
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 5 NAND Market Outlook NAND supply-demand dynamics remain tight, supported by AI-driven demand in DC/Enterprise DC/Enterprise Smartphone/PC NAND Market Outlook ✓ Smartphones • Units: moderating at a faster pace for low- priced models, while remaining resilient for premium models • NAND demand: No significant changes expected through CY27 ✓ PCs • Units: pressured by higher BOM costs • NAND demand: Expected to decline through CY27 ✓ DC/Enterprise demand offsets softer Smartphone/PC demand, with robust demand growth expected in CY2028 as well. ✓ CY26: Bit growth rate in high-teens % ✓ CY27: Bit growth rate in the low-20% range Kioxia’s bit shipment growth expected to be in line with market outlook ✓ AI demand remains exceptionally strong, driven by growing adoption of agentic AI applications ✓ KV cache demand continues to grow ✓ The explosive increase in AI-generated data is supporting adoption of high- capacity QLC SSDs. Source: Kioxia Internal Market Outlook
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 6 Enhancement of Production Capability to Support Growing Demand in the AI Era K2 K1 K2 K3 Planned Construction Site K1 Overview of Kitakami Plant, including the Planned K3 SiteStart of Operations FY2029 (planned) Products Advanced-node BiCS FLASH Fully utilize available space within existing fabs , with phased K3 expansion calibrated to market demand growth Production Expansion at Existing Fabs Y7 / K2 Production Expansion at New Fabs K3 Existing K1 & K2 FabsRamp up production and ensure a stable supply of cutting-edge BiCS FLASH to meet growing AI demand. Kitakami Plant: Fab 3 (K3)Site preparation underway
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー FY2026 Q2 Results and FY2026 Q3 Guidance
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 8 Margin 84% 1,438.0 Bn Yen Including 68.6Bn yen for JV-related sales After excluding JV-related items Margin 80% 1. For a reconciliation of Non-GAAP items, please refer to pages 27, 28, 29 and 30 of this presentation 2. Excludes the revenue and cost of goods sold related to the JV. For JV -related information, please see page 10 of this presentation Gross Margin after JV-related adjustments = {Revenue (excluding JV-related items) – Adjusted Non-GAAP Cost of Revenue (excluding R&D and JV-related items)} / Revenue (excluding JV-related items) × 100 3. Net CAPEX: Expenditures for PP&E and intangible assets, net of proceeds from sales of PP&E and others, and subsidies Margin 87% 2 Financial Highlights (Three Months Ended September 30, 2026) Record High QoQ x1.4 Record High QoQ x1.5 Record High QoQ x1.5 Record High QoQ x 1.7 Quarterly Capital EfficiencyCore FCF (Operating Cash Flow – Net CAPEX³) Revenue Adjusted Non-GAAP Gross Profit¹ Non-GAAP Operating Profit1 2,480.0 Bn Yen 2,091.9 Bn Yen 1,988.3 Bn Yen 4. ROIC on a last-twelve-month basis = NOPAT (Non-GAAP operating profit × (1-statutory effective tax rate)) ÷ invested capital (interest- bearing debt + total equity). Invested capital is the average of beginning - and end-of-period balances. 5. Net Cash: Cash and cash equivalents - Bonds and borrowings Foreign currency-denominated bonds are converted at the swap rate for those under a swap agreement Net Cash5 812.7 Bn Yen Share Buyback 800.0 Bn Yen (completed in August 2026) ROIC⁴ 102%
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 9 Three Months Ended September 30, 2026 Results Results Quarterly Bn Yen Q2 results greatly surpassed record highs and exceeded guidance, led by ASP increase. QoQ revenue up ~1.4x; operating profit up ~1.5x. Guidance Announced on July 31 Q2 Results Non-GAAP Earnings Per Share (Yen)3 833.94778.57540.60 Exchange Rate (Yen) USD / JPY 161162160 QoQ +40.3%, YoY +453.2% Revenue 2,480.02,390.01,767.1 Q1 Non-GAAP Net Income1 1,348.61,280.0887.0 Margin 50.2% Non-GAAP Operating Profit 1,988.31,900.01,326.2 Margin 75.0% Non-GAAP EBITDA2 2,065.7 -1,402.1 Margin 79.3% Bit Growth5 （QoQ） Low-teens % increase ASP4 （QoQ） Mid 20% increase Low 30% increase on Like-for-Like basis Margin 80.2% QoQ +49.9%, YoY +2181.1% Margin 54.4% QoQ +52.1%, YoY +3136.8% Margin 83.3% QoQ +47.3%, YoY +1146.2% 1. Non-GAAP profit attributable to owners of parent 2. Non-GAAP Operating Profit + Non-GAAP Depreciation and Amortization 3. Non-GAAP basic earnings per share (Post-stock split basis) 4. USD basis 5. Bit basis
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 10 Sales Results by Application (Q2 Results) Others3 Smart Devices1 SSD & Storage2 SSD & Storage Smart Devices SSD & Storage Smart Devices 1,616.0 Bn Yen QoQ: +37.6%, YoY: +560.8% 788.9 Bn Yen QoQ: +50.1%, YoY:+401.5% 75.2 Bn Yen QoQ: +12.6%, YoY: +61.7% Record revenue across all applications, driven by a significant ASP increase in Smart Devices and continued AI-led strength in Data Center & Enterprise segment. ⚫ Sales prices significantly increased, driving the majority of this quarter’s revenue growth ⚫ Achieved record-breaking sales revenue PC & others ⚫ Revenue breakdown: Mid 30% range Data Center & Enterprise ⚫ Revenue breakdown: Mid 60% range ⚫ Record d/e SSD shipments driven by strong AI server demand, combined with higher ASPs, contributed to record segment revenue 1. Smart Devices: Includes memory products for smartphones, tablets, TVs, and other consumer electronics and automotive applications 2. SSD & Storage: Includes SSD products and memory products for PCs, data centers and enterprises (d/e) 3. Others: Includes retail products such as SD memory cards and USB memory devices, and revenue from sales to the Sandisk group through the joint venture Quarterly 3% 65% 32%
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 11 217.4 244.6 300.4 600.3 1,174.7 1,616.0 79.0 157.3 186.3 337.3 525.7 788.9 46.3 46.5 57.0 65.2 66.7 75.2 342.8 448.3 543.6 1,002.9 1,767.1 2,480.0 Q1 Q2 Q3 Q4 Q1 Q2 FY2025 FY2026 Sales by Application (Quarterly/Yearly) 1. Others: Includes retail products such as SD memory cards and USB memory devices, and revenue from sales to the Sandisk group through the joint venture 2. Smart Devices: Includes memory products for smartphones, tablets, TVs, and other consumer electronics and automotive applications 3. SSD & Storage: Includes SSD products and memory products for PCs, data centers and enterprises (d/e) Sales Results (Bn Yen) Others1 Smart Devices2 SSD & Storage3 (Reference) Exchange Rate USD / JPY 145 147 153 155 160 Record quarterly revenue across all applications; Q2 revenue surpassed fiscal year 2025 total, with SSD & Storage the largest contributor Quarterly/Yearly Quarterly Yearly 150161 1,362.6 760.0 215.0 2,337.6 FY2025 千
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 12 791.0 1,513.2 -75.2 -827.0 -0.5 -4.2 1,397.3 Cash balance end of June 2026 Operating cash flow Net CAPEX Other investing cash flows Financial cash flow Effect of exchange rate changes Cash balance end of September 2026 Cash Flow (Q2 Results) Record operating cash flow and core free cash flow 1. Investing cash flow: Net CAPEX (75.2) billion yen + (0.5) billion yen in other investing cash flows 2. Net CAPEX: Expenditures for PP&E and intangible assets, net of proceeds from sales of PP&E, subsidies, etc. 3. Effect of exchange rate changes on cash and cash equivalents 4. Total capital investment excluding subsidies, etc. Core FCF: 1,438.0 Bn Yen (Bn Yen) Investing cash flow ⚫ Gross CAPEX4: 84.6 billion yen, Government grants: 9.3 billion yen ⚫ Mainly for equipment for expanding the production of 8th and 10th generation BiCS FLASH Operating cash flow ⚫ Primarily driven by increase in selling prices and the increase in sales of d/e SSDs ⚫ Expansion of 8th generation BiCS FLASH production ⚫ Cash flow nearly 1.7× QoQ to a record high (Q1: 866.3 bn yen, Q2: 1,513.2 bn yen) Quarterly Financial cash flow ⚫ Share buyback: 800.0 bn yen Investing cash flows1 3 Share Buyback -800.0 bn yen 2
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 13 1,399.1 2,929.1 442.9 1,374.6 205.6 198.8 1,047.6 603.9 594.9 777.4 3,690.1 5,883.9 FY2025 FY2026 2Q 913.4 1,186.1 177.5 96.3 1,055.3 1,109.7 412.6 446.0 660.6 1,648.4 470.7 1,397.3 3,690.1 5,883.9 FY2025 FY2026 2Q (Bn Yen) Liabilities and Equity Balance Sheet Cash and cash equivalents Trade and other receivables Inventories Property, plant and equipment Deferred tax assets Others Trade and other payables Bonds and borrowings Lease liabilities Other liabilities Equity A materially strengthened balance sheet, with equity ratio improving to 50% (Bn Yen) Assets Days of Inventory1 FY2026 Q2: 94 days (FY2026 Q1: 102 days) Including DRAM strategic inventory 1. Cost of Sales is based on Non-GAAP, including R&D expenses. From FY2025, year-end calculations are based on 90 days, same as the quarterly calculations. For the method of calculating Non-GAAP Cost of Sales, please refer to page 29 of this presentation. 2. Ratio of equity attributable to owners of parent 50%38% Shareholders’ equity ratio2 Quarterly
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 14 FY2026 Q3 Guidance (Three Months Ending December 31, 2026) 1. Non-GAAP profit attributable to owners of parent 2. Non-GAAP basic earnings per share 3. Quarterly impact of a 1 yen fluctuation in the exchange rate against the U.S. dollar. It cannot be directly compared with other quarters since this is based on the assumed sales volume for Q3. Exchange rate for October has been fixed; the November - December rates have not yet been fixed. (Bn Yen) FY2026 Q3 Guidance QoQQ2 Results FY2026 Quarterly Non-GAAP Operating Profit Revenue Exchange Rate (Yen) USD / JPY 157 2,000.0 2,500.0 161 2,480.0 1,988.3 Non-GAAP Profit Before Tax 1,985.01,961.2 Non-GAAP Earnings Per Share (Yen) ² 854.24833.94 FX Sensitivity³ (quarterly) - Revenue: 15.0 Bn Yen - Operating Profit: 14.0 Bn Yen +1% +1% +1% +2% Margin 80.2% Margin 79.1% Margin 80% Margin 79% Non-GAAP Net Income1 1,365.01,348.6 +1% Margin 54.4% Margin 55% Non-GAAP operating profit expected to reach a record high for the fourth consecutive quarter, absorbing a ¥55 billion FX headwind.
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー Continued value creation driven by our strategic priorities
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 16 Continued value creation driven by our strategic priorities Return 100% of Excess Cash to Shareholders ✓ Future Capital Expenditures ✓ R&D Investment ✓ Investment in Human Capital ✓ Strategic Investments (M&A, etc.) ✓ Other Future Expenditures Maintaining a Net Cash Position Shareholder ReturnsInvestment and Spending Required for Growth Financial Soundness Return 100% of excess cash to shareholders over the medium to long term after allotting funds for growth investment and other necessary expenditures Cash > Interest-bearing debt ✓ Flexible share buybacks ✓ Progressive dividends as the guiding policy
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 17 Shareholder Returns: Payment of an Interim Dividend August 2026 (Completed) October 2026 (Announced Today) From 2H FY2026 Onward (Policy announced today) ✓ Achieved a net cash position in Q1 FY2026 ✓ Executed a large-scale share buyback to further improve capital efficiency ✓ Interim dividend (pre-stock-split basis): 90 yen per Share1 ✓ Year-End dividend: TBD ✓ Progressive dividends as the guiding policy ✓ Consider additional shareholder returns (share buybacks) based on financial conditions ✓ Continue to provide flexible and proactive shareholder returns Share Buyback 800.0 Bn Yen 48.0 Bn Yen Interim Dividend 100% Allocated to Shareholder Returns Excess Cash 1. Equivalent to 30 yen per share on a post-split basis (for reference)
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 18 Key Takeaways 2 1 3 AI demand continuing to accelerate growth ✓ Q2 exceeded total fiscal year 2025 revenue, with SSD & Storage as the largest contributor ✓ Q3 revenue and profit expected to reach record highs for the fourth consecutive quarter even with a slight moderation ✓ Growth momentum accelerating further through Q4 ✓ Kioxia’s FY26 bit shipment growth YoY expected in the high teens Structural demand visibility extends into CY27/28 ✓ DC/Enterprise demand offsets softer Smartphone/PC demand, with robust demand growth expected in CY2028 as well ✓ CY27: Market bit growth expected in the low-20% range. Kioxia’s CY27 bit shipment growth expected in line with market ✓ CY28: Multi-year LTAs cover well over 50% of GB shipment volume ✓ CY27: Production capacity fully allocated (SOLD OUT) Continued value creation driven by our strategic priorities ✓ Prioritizing investment for growth while maintaining a net cash position as a foundation for financial soundness ✓ Clarification of shareholder return policy: aim to return 100% of excess cash to shareholders over the medium to long term ✓ Interim dividend (pre-stock-split basis): 90 yen per share¹; year-end dividend: TBD ✓ Share buybacks: 800.0 billion yen (completed in August 2026) 1. Equivalent to 30 yen per share on a post-split basis (for reference)
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー Supplemental Financial Data
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 21 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 Revenue 342.8 448.3 543.6 1,002.9 1,767.1 2,480.0 2,337.6 Growth Rate1 (1)% 31% 21% 84% 76% 40% 37% Non-GAAP COGS (excl. R&D)2 249.0 302.8 345.6 337.1 361.6 388.1 1,234.4 % of Revenue 73% 68% 64% 34% 20% 16% 53% Adjusted Non-GAAP Gross Profit (Loss)2 93.8 145.6 198.1 665.8 1,405.5 2,091.9 1,103.2 Margin 27% 32% 36% 66% 80% 84% 47% R&D (within COGS) 22.3 23.2 21.2 22.6 25.3 38.7 89.2 % of Revenue 7% 5% 4% 2% 1% 2% 4% Non-GAAP Gross Profit (Loss)2 71.5 122.4 176.9 643.2 1,380.2 2,053.2 1,013.9 Margin 21% 27% 33% 64% 78% 83% 43% Non-GAAP SG&A (excl. R&D)2 17.7 22.7 19.1 30.6 38.2 44.4 90.0 % of Revenue 5% 5% 4% 3% 2% 2% 4% R&D (within SG&A) 12.2 12.6 13.1 14.0 14.1 19.0 51.8 % of Revenue 4% 3% 2% 1% 1% 1% 2% Non-GAAP Operating Profit (Loss)2 45.2 87.2 144.7 599.1 1,326.2 1,988.3 876.2 Margin 13% 19% 27% 60% 75% 80% 37% Non-GAAP Net Income (Loss)2 18.5 41.7 89.5 409.9 887.0 1,348.6 559.6 Margin 5% 9% 16% 41% 50% 54% 24% Consolidated Profit or Loss (Non-GAAP) 1. The revenue growth rate is QoQ for quarterly figures and YoY for annual figures 2. For a reconciliation of Non-GAAP items, please refer to pages 27, 28, 29 and 30 of this presentation
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 22 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 Revenue 342.8 448.3 543.6 1,002.9 1,767.1 2,480.0 2,337.6 JV related 42.5 43.0 51.4 56.5 59.1 68.6 193.4 Compensation attributable to the contract extension - - - 3.4 5.2 5.2 3.4 Revenue (excl. JV related) 300.3 405.3 492.2 946.4 1,708.0 2,411.4 2,144.2 Growth Rate1 1% 35% 21% 92% 80% 41% 42% Adjusted Non-GAAP COGS (excl. R&D and JV related)2 206.5 259.8 294.2 283.9 307.7 324.7 1,044.4 % of Revenue (COGS) 69% 64% 60% 30% 18% 13% 49% % of Revenue (Gross Profit) 31% 36% 40% 70% 82% 87% 51% Consolidated Profit or Loss (Non-GAAP, JV-related Adjusted) 1. The revenue growth rate is QoQ for quarterly figures and YoY for annual figures 2. For a reconciliation of Non-GAAP items, please refer to pages 27, 28, 29 and 30 of this presentation
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 23 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 Revenue 342.8 448.3 543.6 1,002.9 1,767.1 2,480.0 2,337.6 Growth Rate1 (1)% 31% 21% 84% 76% 40% 37% Smart Devices 79.0 157.3 186.3 337.3 525.7 788.9 760.0 % of Revenue 23% 35% 34% 34% 30% 32% 33% SSD & Storage 217.4 244.6 300.4 600.3 1,174.7 1,616.0 1,362.6 % of Revenue 63% 55% 55% 60% 66% 65% 58% Others 46.3 46.5 57.0 65.2 66.7 75.2 215.0 % of Revenue 14% 10% 10% 7% 4% 3% 9% Sales by Application 1. The revenue growth rate is QoQ for quarterly figures and YoY for annual figures
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 24 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 Revenue 342.8 448.3 543.6 1,002.9 1,767.1 2,480.0 2,337.6 Growth Rate1 (1)% 31% 21% 84% 76% 40% 37% IFRS COGS 271.6 326.2 367.0 359.9 387.1 426.9 1,324.7 % of Revenue 79% 73% 68% 36% 22% 17% 57% IFRS Gross Profit (Loss) 71.2 122.1 176.6 642.9 1,380.1 2,053.2 1,012.9 Margin 21% 27% 32% 64% 78% 83% 43% IFRS SG&A 29.8 36.2 33.8 46.7 71.7 57.0 146.6 % of Revenue 9% 8% 6% 5% 4% 2% 6% Other Income 3.9 1.6 1.3 2.2 0.5 1.6 8.9 Other Expenses 0.4 1.6 1.3 1.7 38.9 3.1 4.9 IFRS Operating Profit (Loss) 44.9 85.9 142.8 596.8 1,270.0 1,994.7 870.4 Margin 13% 19% 26% 60% 72% 80% 37% Finance income2 2.4 2.7 3.1 5.9 17.2 25.8 9.5 Finance costs 2 19.9 32.2 24.2 25.0 52.8 51.6 96.7 Share of profit of investments accounted for using equity method (0.1) 0.3 0.1 0.6 0.3 (0.2) 0.9 Profit before tax (Loss) 27.3 56.7 121.7 578.3 1,234.7 1,968.7 784.1 Income tax expense 9.0 16.0 33.9 170.6 392.5 613.0 229.6 IFRS Net Income (Loss) 18.3 40.7 87.8 407.7 842.2 1,355.7 554.5 Margin 5% 9% 16% 41% 48% 55% 24% IFRS D&A 80.0 78.9 77.6 76.4 76.1 77.5 312.8 % of Revenue 23% 18% 14% 8% 4% 3% 13% IFRS EBITDA 124.9 165.8 222.0 675.3 1,402.1 2,065.7 1,187.9 Margin 36% 37% 41% 67% 79% 83% 51% Capex3 (53.6) (91.5) (70.9) (67.7) (52.4) (84.6) (283.7) % of Revenue (16)% (20)% (13)% (7)% (3)% (3)% (12)% Net Capex4 (34.1) (72.8) (61.3) (52.8) (39.1) (75.2) (221.0) % of Revenue (10)% (16)% (11)% (5)% (2)% (3)% (9)% Consolidated Profit or Loss (IFRS) 1. The revenue growth rate is QoQ for quarterly figures and YoY for annual figures 2. Gains/losses on foreign exchange and derivatives are reported based on the net amount for each period in "finance income" and "finance costs" 3. Expenditures for property, plant and equipment (PP&E) and intangible assets 4. Expenditures for PP&E and intangible assets, net of proceeds from sales of PP&E and others, and subsidies
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 25 FY2025 FY2026 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Total Assets 2,894.0 2,982.2 3,194.8 3,690.1 4,730.5 5,883.9 Cash and Cash Equivalents 178.4 235.5 281.5 470.7 791.0 1,397.3 Trade and Other Receivables 211.5 236.4 347.8 660.6 1,151.6 1,648.4 Inventories 371.9 361.6 353.5 412.6 438.1 446.0 Property, Plant and Equipment 1,071.0 1,068.7 1,056.8 1,055.3 1,055.8 1,109.7 Right-of-use Assets 200.6 192.4 186.4 178.1 175.5 171.3 Goodwill 395.6 395.5 395.6 395.6 395.7 395.6 Intangible Assets 11.0 11.2 11.1 11.2 11.7 11.8 Deferred Tax Assets 314.2 296.6 250.5 177.5 63.1 96.3 Others 139.8 184.2 311.6 328.6 648.1 607.6 Liabilities 2,133.7 2,162.9 2,216.2 2,291.0 2,326.0 2,954.8 Trade and Other Payables 527.9 544.6 606.8 594.9 706.8 777.4 Bonds and Borrowings 768.9 1,110.1 1,086.0 1,047.6 634.6 603.9 Lease Liabilities 226.6 219.4 213.8 205.6 203.3 198.8 Non-conv. Preferred Shares 321.7 0.0 0.0 0.0 0.0 0.0 Others 288.6 288.7 309.6 442.9 781.4 1,374.6 Total Equity 760.3 819.3 978.6 1,399.1 2,404.5 2,929.1 Non-controlling Interests 0.1 0.1 0.1 0.2 0.2 0.2 Total Liabilities and Equity 2,894.0 2,982.2 3,194.8 3,690.1 4,730.5 5,883.9 Days of Inventory1 123 100 87 103 102 94 Net Debt2 912.2 873.7 787.0 552.1 (186.7) (812.7) Net D/E ratio3 120% 107% 80% 39% (8)% (28)% Ratio of equity attributable to owners of parent 26% 27% 31% 38% 51% 50% Consolidated Balance Sheet 1. Cost of Sales is based on Non-GAAP, including R&D expenses. From FY25Q4, year-end calculations is based on 90 days, same as the quarterly calculations. For the method of calculating Non-GAAP Cost of Sales, please refer to page 29 of this presentation. 2. Foreign currency-denominated bonds are converted at the swap rate for those under a swap agreement 3. Net D/E ratio: (Bonds and borrowings - Cash and cash equivalents) / Total equity attributable to owners of parent
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 26 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 Net Cash provided by (used in) Operating Activities 61.1 114.0 147.0 294.4 866.3 1,513.2 616.5 Profit (Loss) before Tax 27.3 56.7 121.7 578.3 1,234.7 1,968.7 784.1 Depreciation and Amortization 80.0 78.9 77.6 76.4 76.1 77.5 312.8 Change in Working Capital (2.5) 13.9 (26.7) (385.1) (480.7) (479.9) (400.3) Others (43.7) (35.4) (25.6) 24.7 36.3 (53.0) (80.1) Net Cash provided by (used in) Investing Activities (34.1) (72.8) (61.3) (53.3) (117.3) (75.7) (221.5) Capex1 (53.6) (91.5) (70.9) (67.7) (52.4) (84.6) (283.7) Net Capex2 (34.1) (72.8) (61.3) (52.8) (39.1) (75.2) (221.0) Net Cash provided by (used in) Financing Activities (17.3) 15.3 (41.6) (52.4) (430.4) (827.0) (96.1) Core Free Cash Flow3 27.0 41.3 85.7 241.6 827.2 1,438.0 395.5 Proceeds from Government Grants 4 15.5 17.8 8.6 14.5 12.0 9.3 56.4 1. Expenditures for property, plant and equipment (PP&E) and intangible assets 2. Net Capex: Expenditures for PP&E and intangible assets, net of proceeds from sales of PP&E and others, and subsidies 3. Core free cash flow is net capex subtracted from cash provided by operating activities 4. Subsidy through Kioxia Corporation, Kioxia Iwate Corporation, Kioxia Energy Management Corporation, Kioxia’s Flash JV Companies and others from Japanese government under designated government program Consolidated Cash Flow
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 27 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 IFRS Gross Profit (Loss) 71.2 122.1 176.6 642.9 1,380.1 2,053.2 1,012.9 PPA Impact on COGS1 0.3 0.3 0.3 0.3 0.2 0.1 1.0 Non-GAAP Gross Profit (Loss) 71.5 122.4 176.9 643.2 1,380.2 2,053.2 1,013.9 R&D (within COGS) 22.3 23.2 21.2 22.6 25.3 38.7 89.2 Adjusted Non-GAAP Gross Profit (Loss) 93.8 145.6 198.1 665.8 1,405.5 2,091.9 1,103.2 IFRS Operating Profit (Loss) 44.9 85.9 142.8 596.8 1,270.0 1,994.7 870.4 PPA Impact on COGS1 0.3 0.3 0.3 0.3 0.2 0.1 1.0 PPA Impact on SG&A1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Share-Based Compensation Expenses 0.0 1.0 1.6 2.1 19.4 (6.4) 4.7 Provisions for losses on litigation 0.0 0.0 0.0 0.0 36.6 0.0 0.0 Non-GAAP Operating Profit (Loss) 45.2 87.2 144.7 599.1 1,326.2 1,988.3 876.2 IFRS PBT 27.3 56.7 121.7 578.3 1,234.7 1,968.7 784.1 Non-GAAP OP Adj 0.3 1.2 1.9 2.3 56.2 (6.4) 5.8 Non-GAAP Finance Profit/Loss Adj 0.0 0.0 0.0 0.0 0.6 (1.0) 0.0 Non-GAAP IFRS PBT 27.6 58.0 123.6 580.7 1,291.5 1,961.2 789.9 Non-GAAP Measure Reconciliation - Quarterly (1/4) 1. Amount of financial impact of PPA caused by the acquisition of Former Toshiba Memory Corporation by K.K. Pangea and other fac tors
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 28 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 IFRS Net Income (Loss) 18.3 40.7 87.8 407.7 842.2 1,355.7 554.5 Non-GAAP OP Adj (a) 0.3 1.2 1.9 2.3 56.2 (6.4) 5.8 Non-GAAP Finance Profit/Loss Adj (b) 0.0 0.0 0.0 0.0 0.6 (1.0) 0.0 Tax effect (c) (0.1) (0.2) (0.2) (0.1) (12.0) 0.4 (0.7) Tax reform (d) 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Total Adjustment after Tax (a+b+c+d) 0.2 1.0 1.7 2.2 44.8 (7.1) 5.1 Non-GAAP Net Income (Loss) 18.5 41.7 89.5 409.9 887.0 1,348.6 559.6 5.1 Non-GAAP Basic Earnings Per Share (Yen)¹ 11.44 25.74 55.09 250.59 540.60 833.94 1,033.58 0.0 Non-GAAP Operating Profit (Loss) 45.2 87.2 144.7 599.1 1,326.2 1,988.3 876.2 Non-GAAP Depreciation and Amortization 79.7 78.6 77.3 76.2 75.9 77.4 311.8 Non-GAAP EBITDA² 124.9 165.8 222.0 675.3 1,402.1 2,065.7 1,187.9 Non-GAAP Measure Reconciliation - Quarterly (2/4) 1. Figures have been retroactively adjusted for the 3-for-1 stock split implemented in October 2026 2. We use the term “Non-GAAP EBITDA” because it is derived from Non-GAAP Operating Profit (Loss)
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 29 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 IFRS COGS 271.6 326.2 367.0 359.9 387.1 426.9 1,324.7 PPA Impact on COGS1 0.3 0.3 0.3 0.3 0.2 0.1 1.0 Non-GAAP COGS 271.3 326.0 366.7 359.7 386.9 426.8 1,323.7 R&D (within COGS) 22.3 23.2 21.2 22.6 25.3 38.7 89.2 Non-GAAP COGS (excl. R&D) 249.0 302.8 345.6 337.1 361.6 388.1 1,234.4 IFRS SG&A 29.8 36.2 33.8 46.7 71.7 57.0 146.6 PPA Impact on SG&A1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 Share-Based Compensation Expenses 0.0 1.0 1.6 2.1 19.4 (6.4) 4.7 R&D (within SG&A) 12.2 12.6 13.1 14.0 14.1 19.0 51.8 Non-GAAP SG&A (excl. R&D) 17.7 22.7 19.1 30.6 38.2 44.4 90.0 Non-GAAP Measure Reconciliation - Quarterly (3/4) 1. Amount of financial impact of PPA caused by the acquisition of Former Toshiba Memory Corporation by K.K. Pangea and other factors
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カラーテーマ Light Blue 背景色 Light Blue R 26 G 188 B 239 1ABCEF テキストカラー Black R 0 G 0 B 0 サブカラー R 192 G 192 B 192 C0C0C0 アクセントカラー R 225 G 13 B 125 E10D7D Yellow R 253 G 208 B 0 FDD000 Magenta R 225 G 13 B 125 E10D7D Light Blue R 26 G 188 B 239 1ABCEF Light Gray R 230 G 230 B 230 E6E6E6 Light Green R 149 G 198 B 42 95C62A Orange R 242 G 150 B 20 F29614 コミュニケーションカラー © 2026 KIOXIA Holdings Corporation. All Rights Reserved. 30 FY2025 FY2026 FY2025 (JPY Bn) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1-Q4 Total R&D 34.5 35.7 34.3 36.6 39.4 57.7 141.1 R&D (within COGS) 22.3 23.2 21.2 22.6 25.3 38.7 89.2 R&D (within SG&A) 12.2 12.6 13.1 14.0 14.1 19.0 51.8 IFRS D&A 80.0 78.9 77.6 76.4 76.1 77.5 312.8 PPA Impact on D&A1 0.3 0.3 0.3 0.3 0.2 0.1 1.1 Non-GAAP D&A 79.7 78.6 77.3 76.2 75.9 77.4 311.8 Non-GAAP Measure Reconciliation - Quarterly (4/4) 1. Amount of financial impact of PPA caused by the acquisition of Former Toshiba Memory Corporation by K.K. Pangea and other factors