TOKYO — The timing of memory chip maker Kioxia Holdings' debut on the Japanese stock market remains open as major shareholders Bain Capital and Toshiba are at loggerheads over when the listing will proceed.
Kioxia applied for listing on the Tokyo Stock Exchange (TSE) on August 23. The goal was to hold an initial public offering by the end of October with a targeted valuation of between 1.5 trillion yen and 2 trillion yen ($10 billion and $13.3 billion).