Kioxia, the Japanese NAND flash supplier, plans to issue US American Depositary
Receipts (ADRs) in spring 2027 to capture AI-driven strength in global
semiconductor demand, CFO Yoshihiko Kawamura said at the annual shareholders
meeting. Kawamura said the company aims to enter the US market after its fiscal
year ends in late March, targeting the start of the next fiscal year — around
April, May or June — to establish a direct link to US investors.