- October 13, 2026
- Kioxia Holdings Corporation
Credit Rating from S&P Upgraded to “BBB”
Kioxia Holdings Corporation, a world leader in memory solutions, today announced that its long-term issuer credit rating from S&P Global Ratings was upgraded to “BBB”, and that its outlook has been deemed to be “Positive”.
Kioxia views this upgraded rating as acknowledgement of its high profitability amidst strong demand in the flash memory and SSD markets led by AI-focused data center and enterprise applications, as well as acknowledgment of its improvement in its financial profile to a net cash position where cash and deposits exceed debt.
Kioxia will continue to strive for further increase in corporate value while balancing strategic growth and financial stability.
Credit Rating
|
Rating Agency |
Rating |
Announcement |
|---|---|---|
|
S&P Global Ratings |
Long term rating: BBB |
October 13, 2026 |
- This announcement has been prepared to provide information on our business and does not constitute or form part of an offer or invitation to sell or a solicitation of an offer to buy or subscribe for or otherwise acquire any securities in any jurisdiction or an inducement to engage in investment activity nor shall it form the basis of or be relied on in connection with any contract thereof.
- Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.
