Kioxia Holdings Corporation · TSE:285A
Kioxia — Investor Day (September 2025)
10 slides from Kioxia's investor day presentation, September 2025
Slide 1: Joint venture structure, R&D and manufacturing capabilities, factory vision
In this presentation, we will explain not only the structure of the joint venture between Kioxia and Sandisk, but also Kioxia's leadership in research & development and manufacturing capabilities that drive the joint venture, as well as our factory vision for the future. 1
Slide 2: Fab2 (K2) at the Kitakami Plant
Here is a summary of Fab2 at the Kitakami Plant. Fab2, called K2, will first focus on mass production for the eighth generation of BiCS FLASHTM, and we plan to incorporate advanced equipment to produce the next generation of high- capacity products. Similar to the Yokkaichi Plant, K2 is connected wi
Slide 3: Structure of the joint venture with Sandisk
Similarly to our previous manufacturing facilities, Kioxia is making investments into K2 in collaboration with Sandisk. This chart serves as a summary of the structure of the joint venture that we have explained previously. Our collaboration with Sandisk consists of two components: joint development
Slide 4: Kioxia's independent research and manufacturing within the collaboration
First, as shown in the top half of this page, our collaboration with Sandisk is a vehicle to consolidate the investments of both companies to achieve economies of scale, as well as a means to share development costs through joint development. However, as indicated in the bottom half, Kioxia conducts
Slide 5: Cost per GB approximately 20% below industry average
According to a report by the research firm TechInsights, for cost per GB for the fiscal year 2024, Kioxia achieved a cost approximately 20% lower than the industry average. Kioxia's advanced research capabilities and manufacturing strength contribute to the medium to long-term cost competitiveness o
Slide 6: Cutting-edge research: BiCS FLASH technology
First, this page discusses Kioxia’s cutting-edge research. The three-dimensional flash memory technology, “BiCS FLASHTM” was developed by Kioxia and presented for the first time at a conference in 2007. Since then, Kioxia has continued to independently pioneer technology for both higher layer stacki
Slide 7: Investment efficiency
Now, the next chart covers investment efficiency. Here is a graph Kioxia presented during the Corporate Strategy Meeting in June, which shows investment efficiency in the form of cumulative capital investment over the past five years relative to the annual increase in GB output. As indicated in the
Slide 8: Manufacturing results: process handling capacity and yield improvement
This page discusses the results of our recent manufacturing activities. First, the graph on the left shows that our process handling capacity per wafer has improved by approximately 20% over the two years from fiscal year 2022 to fiscal year 2024. This improvement is a result of reduced processing t
Slide 9: Vision for Kioxia's plants: smart factory
Lastly, we would like to share Kioxia's vision for its plants. At the Kitakami Plant, Kioxia aims to create an advanced smart factory by leveraging the know-how accumulated at the Yokkaichi Plant and incorporating and utilizing digital transformation. The Yokkaichi Plant has historically promoted au
Slide 10: KIOXIA
KIOXIA