In addition to the earnings results announced in the financial report, another potential ‘surprise’ could bea stock split. At the shareholders’ meeting on June 25, Deputy President Yoshihiko Kawamura was reported to have said regarding a stock split, ‘I think we’ll be able to announce it soon somewhere.’

The Tokyo Stock Exchange has set a target investment unit of under ¥500,000 to create a more accessible environment for individual investors and has designated this as an obligation for listed companies to strive toward. As of the July 28 closing price, Kioxia Holdings’ unit share price stood at approximately ¥4.45 million—nearly nine times that level.

There’s also a non-zero chance…