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Japanese Tech Stocks See Volatility as Kioxia Holdings Plunges

1 report, 1 independent Updated Mon 00:00

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

The Nikkei 225 Stock Average fell 208.25 points, or 0.33%, to close at 63,081.86 on November 2, extending losses for a second consecutive session. Kioxia Holdings plunged 15.78%, or 2,125 yen, after its latest financial results and outlook forecast relatively flat sales for the October-December quarter.

From newsonjapan.com

Why it matters

Some supportBrind's analysis of the reports

The sharp decline in Kioxia Holdings, combined with uncertainty over US technology stocks, outweighed gains in semiconductor equipment manufacturers. This widespread selling pressure led to a drop in the TOPIX index by 0.88%.

From newsonjapan.com

Who's involved

KioxiaJapanese computer memory manufacturer whose stock plunged after disappointing financial results
AdvantestJapanese integrated circuit testing equipment manufacturer that advanced on favorable earnings

Keep exploring

The entities involved

SoftBank Group
Japanese company
- SoftBank Group acquired a 6.6% stake in OPay as of November 1, 2026.Sun 17:22
- Intel appoints Lip-Bu Tan as CEO, facing market share losses while securing major investments from SoftBank and the US government.Fri 10:38
Kyocera
Japanese multinational electronics and ceramics manufacturer

Nothing else this week.
Recruit Holdings
Japanese company

Nothing else this week.
Advantest
Japanese integrated circuit testing equipment manufacturer
- The article reports on Japanese companies like Advantest and Kioxia, alongside strong Democratic performances in Florida and North Carolina.Wed 05:15

Coverage

Newest first; wire copies grouped

Mon 00:00newsonjapan.com