株譜

AI 銘柄分析 · 10年

SK hynix Inc.

000660 · KRW · 分析基準日 2026-11-06

SK hynix普通株:半導体サイクルと株主還元を織り込む10年分析

10年期待年率要確認参考 19.72%(2026-11-06・1,132,000.00 KRW基準、集計外)
資本コスト12.00%
直近終値1,132,000.00 KRW2026-11-06

AIによるシナリオ分析です。基準日以降の出来事、株価や為替の変化は個別に確認が必要です。各数値は元の分析の単位と前提に従います。

分析の要約

2026年11月6日の韓国普通株を起点に、HBM・汎用DRAM・NANDの需給、設備投資と株式報酬を5ケースで予測します。2026年第3四半期決算は監査前の速報で、キオクシア関連の一時利益と特別配当を継続利益と区別しています。7月のADS発行は発行費用を差し引いた推定純手取を基準日資本に反映し、第2四半期配当は11月の新規購入者の受取に含めません。10月28日決議の買戻しのうち、基準日までの取得数は未確認のため100万株と仮定し、未取得・300万株取得とした感応度では、分析基準日の期待年率の差は約0.01ポイント未満です。非売却の普通株1株を基準に現金配当と残存価値を評価し、会社の買戻しによる株数変化と従業員向け株式交付を区別します。韓国でETFが実際に負担する配当源泉税は未確定で、この試算には反映していません。将来の配当・株価・利益・買戻しとシナリオ確率は予測であり、会社の確約ではありません。

要点

1

FY2025 company-reported sales 97.1467T KRW vs provisional Q3 2026 quarterly sales 104.6155T KRW: extremely elevated price/cycle environment is unsuitable for perpetual 80% EBIT margin extrapolation.

2

Q3 consolidated NI 39.775593T differs from parent NI 39.534392T; 2026 H1 63.178974T financial-mark valuation gains and 13.979567T financial dividend income are non-operating/partly Kioxia-related and excluded from future sustainable earnings.

3

Jul 2026 new ADS issuance proceeds 39.89053479T add real cash/equity and dilute existing shares (already incorporated into baseline), not a future 2027 event.

4

Completed 40.0043390635T Aug-Oct 2026 buybacks occur BEFORE this initial purchase date and contribute ZERO to new holder future CF. New employee share repurchases do not count as old shareholder cash returns.

5

One actual old ordinary share never tenders; company purchases affect shares outstanding. Its own dividend and terminal claim are multiplied by the 705,173,324-share basis proxy purely for aiv import normalization; this is NOT a real aggregate cohort.

6

Annual plus stub-year 2026 / 2036 yields eleven disclosed rows per scenario. All unannounced ex dates are guesses with zero-cash recheck gates.

7

Company earnings estimates and all capital market issuance, future trading prices, quantity/ASP and 2037 perpetual forecasts are assumptions rather than issuer guidance.

結論の補足

company_description

AIサーバー向けHBMと汎用DRAM/NANDを持つ半導体メモリー企業

horizon_years_calendar
10
終価の基準日

2036-11-06

probability_weighted_gross_korea_withholding_before_irr
0.1971423561
tax_after_actual_EWY_IRR
未確認
probability_weighted_old_holder_payout_oku
3419632.531809
probability_weighted_old_holder_terminal_mcap_oku
39001819.546546
old_holder_initial_market_cap_oku
7982562.02768
ewy_2026_11_05_holding_weight_reference
0.2247
ewy_2026_11_09_reconstitution_weight
未確認
ewy_weight_note

22.47% is the user-supplied 2026-11-05 reference, NOT a verified or estimated Nov9 post-index-change exposure

事業

AI向けHBM、一般DRAM、NAND/eSSDを製造販売。K-IFRSの報告対象事業セグメントは半導体1本。HBMはDRAMの内数であり別売上と足し合わせない。Kioxia投資損益と特別配当は恒常営業利益から除外。

競争力・事業の質

HBM4量産・長期契約は強みだが受注先集中と価格変動に脆い。2026Q3の80%営業利益率と、Kioxiaを含む金融評価益は恒久的と扱わない。将来の大型設備投資、SBC及び資本調達が必要。

業界と環境

DRAM/HBM寡占とNAND激しい競争。HBM実装・歩留まり、設備投資、DDR5/NAND価格とビット出荷量、AIアクセラレータ投資、サイクル、為替、輸出規制を独立要因として5ケースで変化。

財務・資本配分

6/30 reviewed parent equity 262.38061T KRW; Q3 parent NI preliminary 39.534392T; July17.79m ADS issuance estimated NET 39.47365449T (gross39.89053479T less prospectus fees); Q2 375KRW dividend Aug7 declared AFTER June30 (Sep payment total not verified, 0.27186230175T model proxy), old program completed 40.004339T August20-October21, Q3 20kKRW dividend Oct28 declared and counted once; Oct29-Nov6 new buyback unknown scenarios 0/1m/3m. Q3 end liquidity embeds ADS and Q2 payment. Equity and liquidity are MODEL proxies, not K-IFRS November6 observed.

評価の前提と確認

株価PERを終価に使用しない。2037年のSBC控除済NOPAT+非現金償却+SBC加算-維持成長投資-増分運転資本-時価株式補充をWACC−gで資本化し、留保資金・有利子負債・NCIから普通株帰属価値へ接続。予測の割高/割安は時点別旧株主CFで再計算。

資本コストの前提

資本コスト
12.00%
k_unit

per year, nominal KRW

main_case

base

方法

analyst judgment nominal equity cost with country, memory cyclicality, HBM concentration and earnings volatility; not back-solved market PER

case_specific_k
内容を開く
stress
0.155
bear
0.14
base
0.12
bull
0.11
upside
0.105
case_specific_terminal_wacc
内容を開く
stress
0.14
bear
0.122
base
0.106
bull
0.098
upside
0.095

事業別データ

事業別の内訳と、収録されている年度別データを確認できます。

事業別データを開く →

10年のシナリオ

シナリオごとの確率、期間内の株主還元・追加負担、終価です。金額は億KRW。株主の範囲や受取時点は各分析の前提を確認してください。

シナリオ確率株主還元・追加負担終価
先端HBMプレミアム長期維持5.0%13,907,168.58247,066,208.00
HBM寡占維持・AI投資拡大20.0%6,633,702.7375,147,612.89
AI普及・循環的な平準化40.0%2,701,963.6122,835,912.69
HBM競争・価格正常化25.0%1,090,932.489,124,847.66
AI設備過剰・メモリー大不況10.0%440,149.922,034,095.77

先端HBMプレミアム長期維持(確率 5.0%)

高付加価値HBMの技術プレミアムと成長が長く続くが市場シェア・容量は仮定

確率の根拠

5%: 技術面の独占的プレミアム長期持続は例外的

このシナリオの数値・キャッシュフローを開く →

HBM寡占維持・AI投資拡大(確率 20.0%)

AIメモリー需要が増え先端HBM ASPが比較的維持される一方投資費用が必要

確率の根拠

20%: AI投資継続・HBM供給制約はあり得る

このシナリオの数値・キャッシュフローを開く →

AI普及・循環的な平準化(確率 40.0%)

HBM数量は増えるが2026Q3の異常なASPと高い採算は漸減し半導体循環を経験

確率の根拠

40%: 成長しつつメモリー循環正常化という中心仮定

このシナリオの数値・キャッシュフローを開く →

HBM競争・価格正常化(確率 25.0%)

HBM価格競争と汎用DRAM/NAND ASP下落で持続利益が縮小

確率の根拠

25%: メモリー設備過剰と先端競争の過去の性質を反映

事業別の前提

1
内容を開く
id

hbm

数量
3477758.845
価格・単価
0.19132583
売上換算係数
1
売上高
665385.101222
営業利益
192961.679354
volume_is_physical_bits
いいえ
2
内容を開く
id

conventional_dram

数量
2624173.307
価格・単価
0.47774214
売上換算係数
1
売上高
1253678.169233
営業利益
363566.669078
volume_is_physical_bits
いいえ
3
内容を開く
id

nand

数量
1406232.066
価格・単価
0.44622603
売上換算係数
1
売上高
627497.350413
営業利益
181974.23162
volume_is_physical_bits
いいえ
4
内容を開く
id

other

数量
103150.47890419
価格・単価
1
売上換算係数
1
売上高
103150.478904
営業利益
29913.638882
volume_is_physical_bits
いいえ

日付別キャッシュフロー

1
内容を開く
year
0.008213552361
想定日

2026-11-09

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金額
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asof_execution_assumed_shares
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想定日

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想定日

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想定日

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想定日

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想定日

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buyback_policy_6k

27
内容を開く
year
0.221765913758
想定日

2027-01-26

種類

approved_oct28_treasury_purchase_cancellation_old_holder_zero_cash

金額
0
new_program_id

2026-10-28_BOARD_PLAN

purchase_shares
696000
execution_price_assumed_krw
755466.5484
company_cash_out_oku
5258.047177
model_plan_remaining_shares
696000
allocation_approx_issuer_10T_each_but_actual_not_fixed
はい
confirmed_execution
いいえ
source_id

buyback_policy_6k

28
内容を開く
year
0.221765913758
想定日

2027-01-26

種類

approved_oct28_treasury_purchase_employee_old_holder_zero_cash

金額
0
new_program_id

2026-10-28_BOARD_PLAN

purchase_shares
696000
execution_price_assumed_krw
755466.5484
company_cash_out_oku
5258.047177
model_plan_remaining_shares
0
allocation_approx_issuer_10T_each_but_actual_not_fixed
はい
confirmed_execution
いいえ
source_id

buyback_policy_6k

29
内容を開く
year
0.35318275154
想定日

2027-03-15

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2027-03-23

ex_date_status

assumed_not_confirmed

30
内容を開く
year
0.375085557837
想定日

2027-03-23

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2027-03-23

eligible_shares_at_exdate
690253324
ex_date_status

assumed_not_confirmed

31
内容を開く
year
0.451745379877
想定日

2027-04-20

種類

forecast_ordinary_dividend_cash_kioxia_special_component

金額
216807.01180107
company_total_payment_oku
212219.826628
assumed_per_share_krw
30745.209
eligible_shares_at_exdate
690253324
ex_date_confirmed
未確認
ex_date_assumed

2027-03-23

payment_date_confirmed
未確認
payment_date_assumed

2027-04-20

special_kioxia_nonrecurring_oku
160000
ex_date_status

assumed_not_confirmed

32
内容を開く
year
0.498288843258
想定日

2027-05-07

種類

unannounced_treasury_cancellation_governance_recheck_gate

金額
0
planned_date_assumed

2027-05-14

33
内容を開く
year
0.517453798768
想定日

2027-05-14

種類

conditional_cancellation_of_oct28_shareholder_treasury_no_new_cash

金額
0
previously_acquired_shares
7460000
additional_company_cash_oku
0
approval_status

future board resolution unannounced

34
内容を開く
year
0.854209445585
想定日

2027-09-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2027-09-22

ex_date_status

assumed_not_confirmed

35
内容を開く
year
0.876112251882
想定日

2027-09-22

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2027-09-22

eligible_shares_at_exdate
690253324
ex_date_status

assumed_not_confirmed

36
内容を開く
year
0.952772073922
想定日

2027-10-20

種類

forecast_ordinary_dividend_cash

金額
53348.57137493
company_total_payment_oku
52219.826628
assumed_per_share_krw
7565.313
eligible_shares_at_exdate
690253324
ex_date_confirmed
未確認
ex_date_assumed

2027-09-22

payment_date_confirmed
未確認
payment_date_assumed

2027-10-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

37
内容を開く
year
1.35523613963
想定日

2028-03-15

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2028-03-23

ex_date_status

assumed_not_confirmed

38
内容を開く
year
1.377138945927
想定日

2028-03-23

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2028-03-23

eligible_shares_at_exdate
690253324
ex_date_status

assumed_not_confirmed

39
内容を開く
year
1.453798767967
想定日

2028-04-20

種類

forecast_ordinary_dividend_cash

金額
36855.911654848
company_total_payment_oku
36076.117265
assumed_per_share_krw
5226.504
eligible_shares_at_exdate
690253324
ex_date_confirmed
未確認
ex_date_assumed

2028-03-23

payment_date_confirmed
未確認
payment_date_assumed

2028-04-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

40
内容を開く
year
1.771389459274
想定日

2028-08-14

種類

paid_employee_option_exercise_issuer_cash_only

金額
0
new_shares
75154
option_exercise_cash_to_issuer_oku
310.636096
exercise_price_assumed_krw
413332.75
holder_cash_received_oku
0
confirmed_execution
いいえ
41
内容を開く
year
1.856262833676
想定日

2028-09-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2028-09-22

ex_date_status

assumed_not_confirmed

42
内容を開く
year
1.878165639973
想定日

2028-09-22

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2028-09-29

subjective_approval_probability
0.35
43
内容を開く
year
1.878165639973
想定日

2028-09-22

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2028-09-22

eligible_shares_at_exdate
690328478
ex_date_status

assumed_not_confirmed

44
内容を開く
year
1.897330595483
想定日

2028-09-29

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2028_SEPARATE_FROM_2026_10_28

purchase_shares
1158292
company_cash_out_oku
7365.538763
execution_price_assumed_krw
635896.541
subjective_approval_probability
0.35
budget_if_approved_oku
21044.401738
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
45
内容を開く
year
1.935660506502
想定日

2028-10-13

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2028_SEPARATE_FROM_2026_10_28

shares_cancelled
1158292
additional_company_cash_oku
0
46
内容を開く
year
1.954825462012
想定日

2028-10-20

種類

forecast_ordinary_dividend_cash

金額
36851.899261802
company_total_payment_oku
36076.117265
assumed_per_share_krw
5225.935
eligible_shares_at_exdate
690328478
ex_date_confirmed
未確認
ex_date_assumed

2028-09-22

payment_date_confirmed
未確認
payment_date_assumed

2028-10-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

47
内容を開く
year
2.108145106092
想定日

2028-12-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
2994665
shares_new_issued_no_cash
0
employee_sbc_expense_oku
19042.970995
confirmed_execution
いいえ
48
内容を開く
year
2.354551676934
想定日

2029-03-15

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2029-03-23

ex_date_status

assumed_not_confirmed

49
内容を開く
year
2.376454483231
想定日

2029-03-23

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2029-03-23

eligible_shares_at_exdate
692164851
ex_date_status

assumed_not_confirmed

50
内容を開く
year
2.45311430527
想定日

2029-04-20

種類

forecast_ordinary_dividend_cash

金額
34501.28744065
company_total_payment_oku
33864.835308
assumed_per_share_krw
4892.597
eligible_shares_at_exdate
692164851
ex_date_confirmed
未確認
ex_date_assumed

2029-03-23

payment_date_confirmed
未確認
payment_date_assumed

2029-04-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

51
内容を開く
year
2.770704996578
想定日

2029-08-14

種類

paid_employee_option_exercise_issuer_cash_only

金額
0
new_shares
74949
option_exercise_cash_to_issuer_oku
313.106573
exercise_price_assumed_krw
417759.51
holder_cash_received_oku
0
confirmed_execution
いいえ
52
内容を開く
year
2.855578370979
想定日

2029-09-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2029-09-21

ex_date_status

assumed_not_confirmed

53
内容を開く
year
2.874743326489
想定日

2029-09-21

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2029-09-28

subjective_approval_probability
0.35
54
内容を開く
year
2.874743326489
想定日

2029-09-21

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2029-09-21

eligible_shares_at_exdate
692239800
ex_date_status

assumed_not_confirmed

55
内容を開く
year
2.893908281999
想定日

2029-09-28

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2029_SEPARATE_FROM_2026_10_28

purchase_shares
1075773
company_cash_out_oku
6914.067673
execution_price_assumed_krw
642706.9347
subjective_approval_probability
0.35
budget_if_approved_oku
19754.487263
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
56
内容を開く
year
2.94045174538
想定日

2029-10-15

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2029_SEPARATE_FROM_2026_10_28

shares_cancelled
1075773
additional_company_cash_oku
0
57
内容を開く
year
2.951403148528
想定日

2029-10-19

種類

forecast_ordinary_dividend_cash

金額
34497.551976448
company_total_payment_oku
33864.835308
assumed_per_share_krw
4892.067
eligible_shares_at_exdate
692239800
ex_date_confirmed
未確認
ex_date_assumed

2029-09-21

payment_date_confirmed
未確認
payment_date_assumed

2029-10-19

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

58
内容を開く
year
3.107460643395
想定日

2029-12-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
2555112
shares_new_issued_no_cash
0
employee_sbc_expense_oku
16421.88359
confirmed_execution
いいえ
59
内容を開く
year
3.353867214237
想定日

2030-03-15

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2030-03-22

ex_date_status

assumed_not_confirmed

60
内容を開く
year
3.373032169747
想定日

2030-03-22

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2030-03-22

eligible_shares_at_exdate
693719139
ex_date_status

assumed_not_confirmed

61
内容を開く
year
3.449691991786
想定日

2030-04-19

種類

forecast_ordinary_dividend_cash

金額
39462.079747152
company_total_payment_oku
38821.094125
assumed_per_share_krw
5596.082
eligible_shares_at_exdate
693719139
ex_date_confirmed
未確認
ex_date_assumed

2030-03-22

payment_date_confirmed
未確認
payment_date_assumed

2030-04-19

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

62
内容を開く
year
3.770020533881
想定日

2030-08-14

種類

paid_employee_option_exercise_issuer_cash_only

金額
0
new_shares
74949
option_exercise_cash_to_issuer_oku
344.000339
exercise_price_assumed_krw
458979.22
holder_cash_received_oku
0
confirmed_execution
いいえ
63
内容を開く
year
3.852156057495
想定日

2030-09-13

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2030-09-20

ex_date_status

assumed_not_confirmed

64
内容を開く
year
3.871321013005
想定日

2030-09-20

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2030-09-30

subjective_approval_probability
0.35
65
内容を開く
year
3.871321013005
想定日

2030-09-20

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2030-09-20

eligible_shares_at_exdate
693794088
ex_date_status

assumed_not_confirmed

66
内容を開く
year
3.898699520876
想定日

2030-09-30

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2030_SEPARATE_FROM_2026_10_28

purchase_shares
1122465
company_cash_out_oku
7925.971005
execution_price_assumed_krw
706121.884
subjective_approval_probability
0.35
budget_if_approved_oku
22645.63824
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
67
内容を開く
year
3.939767282683
想定日

2030-10-15

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2030_SEPARATE_FROM_2026_10_28

shares_cancelled
1122465
additional_company_cash_oku
0
68
内容を開く
year
3.947980835044
想定日

2030-10-18

種類

forecast_ordinary_dividend_cash

金額
39457.816748279
company_total_payment_oku
38821.094125
assumed_per_share_krw
5595.478
eligible_shares_at_exdate
693794088
ex_date_confirmed
未確認
ex_date_assumed

2030-09-20

payment_date_confirmed
未確認
payment_date_assumed

2030-10-18

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

69
内容を開く
year
4.106776180698
想定日

2030-12-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
1910223
shares_new_issued_no_cash
329645
employee_sbc_expense_oku
15816.200172
confirmed_execution
いいえ
70
内容を開く
year
4.350444900753
想定日

2031-03-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2031-03-21

ex_date_status

assumed_not_confirmed

71
内容を開く
year
4.369609856263
想定日

2031-03-21

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2031-03-21

eligible_shares_at_exdate
694911491
ex_date_status

assumed_not_confirmed

72
内容を開く
year
4.446269678303
想定日

2031-04-18

種類

forecast_ordinary_dividend_cash

金額
44474.795318798
company_total_payment_oku
43827.588587
assumed_per_share_krw
6306.931
eligible_shares_at_exdate
694911491
ex_date_confirmed
未確認
ex_date_assumed

2031-03-21

payment_date_confirmed
未確認
payment_date_assumed

2031-04-18

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

73
内容を開く
year
4.769336071184
想定日

2031-08-14

種類

paid_employee_option_exercise_issuer_cash_only

金額
0
new_shares
74949
option_exercise_cash_to_issuer_oku
368.733446
exercise_price_assumed_krw
491979.14
holder_cash_received_oku
0
confirmed_execution
いいえ
74
内容を開く
year
4.848733744011
想定日

2031-09-12

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2031-09-22

ex_date_status

assumed_not_confirmed

75
内容を開く
year
4.876112251882
想定日

2031-09-22

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2031-09-30

subjective_approval_probability
0.35
76
内容を開く
year
4.876112251882
想定日

2031-09-22

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2031-09-22

eligible_shares_at_exdate
694986440
ex_date_status

assumed_not_confirmed

77
内容を開く
year
4.898015058179
想定日

2031-09-30

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2031_SEPARATE_FROM_2026_10_28

purchase_shares
1182222
company_cash_out_oku
8948.13175
execution_price_assumed_krw
756890.9858
subjective_approval_probability
0.35
budget_if_approved_oku
25566.093343
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
78
内容を開く
year
4.939082819986
想定日

2031-10-15

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2031_SEPARATE_FROM_2026_10_28

shares_cancelled
1182222
additional_company_cash_oku
0
79
内容を開く
year
4.952772073922
想定日

2031-10-20

種類

forecast_ordinary_dividend_cash

金額
44469.999050494
company_total_payment_oku
43827.588587
assumed_per_share_krw
6306.251
eligible_shares_at_exdate
694986440
ex_date_confirmed
未確認
ex_date_assumed

2031-09-22

payment_date_confirmed
未確認
payment_date_assumed

2031-10-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

80
内容を開く
year
5.106091718001
想定日

2031-12-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
0
shares_new_issued_no_cash
2147647
employee_sbc_expense_oku
16255.345173
confirmed_execution
いいえ
81
内容を開く
year
5.35523613963
想定日

2032-03-15

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2032-03-23

ex_date_status

assumed_not_confirmed

82
内容を開く
year
5.377138945927
想定日

2032-03-23

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2032-03-23

eligible_shares_at_exdate
695951865
ex_date_status

assumed_not_confirmed

83
内容を開く
year
5.453798767967
想定日

2032-04-20

種類

forecast_ordinary_dividend_cash

金額
38472.043703559
company_total_payment_oku
37968.949838
assumed_per_share_krw
5455.686
eligible_shares_at_exdate
695951865
ex_date_confirmed
未確認
ex_date_assumed

2032-03-23

payment_date_confirmed
未確認
payment_date_assumed

2032-04-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

84
内容を開く
year
5.771389459274
想定日

2032-08-14

種類

paid_employee_option_exercise_issuer_cash_only

金額
0
new_shares
75154
option_exercise_cash_to_issuer_oku
342.808902
exercise_price_assumed_krw
456141.93
holder_cash_received_oku
0
confirmed_execution
いいえ
85
内容を開く
year
5.856262833676
想定日

2032-09-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2032-09-22

ex_date_status

assumed_not_confirmed

86
内容を開く
year
5.878165639973
想定日

2032-09-22

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2032-09-30

subjective_approval_probability
0.35
87
内容を開く
year
5.878165639973
想定日

2032-09-22

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2032-09-22

eligible_shares_at_exdate
696027019
ex_date_status

assumed_not_confirmed

88
内容を開く
year
5.90006844627
想定日

2032-09-30

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2032_SEPARATE_FROM_2026_10_28

purchase_shares
1104655
company_cash_out_oku
7751.991668
execution_price_assumed_krw
701756.808
subjective_approval_probability
0.35
budget_if_approved_oku
22148.554072
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
89
内容を開く
year
5.941136208077
想定日

2032-10-15

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2032_SEPARATE_FROM_2026_10_28

shares_cancelled
1104655
additional_company_cash_oku
0
90
内容を開く
year
5.954825462012
想定日

2032-10-20

種類

forecast_ordinary_dividend_cash

金額
38467.889657964
company_total_payment_oku
37968.949838
assumed_per_share_krw
5455.097
eligible_shares_at_exdate
696027019
ex_date_confirmed
未確認
ex_date_assumed

2032-09-22

payment_date_confirmed
未確認
payment_date_assumed

2032-10-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

91
内容を開く
year
6.108145106092
想定日

2032-12-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
0
shares_new_issued_no_cash
2301316
employee_sbc_expense_oku
16149.639344
confirmed_execution
いいえ
92
内容を開く
year
6.354551676934
想定日

2033-03-15

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2033-03-23

ex_date_status

assumed_not_confirmed

93
内容を開く
year
6.376454483231
想定日

2033-03-23

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2033-03-23

eligible_shares_at_exdate
697223680
ex_date_status

assumed_not_confirmed

94
内容を開く
year
6.45311430527
想定日

2033-04-20

種類

forecast_ordinary_dividend_cash

金額
34771.258471726
company_total_payment_oku
34379.270975
assumed_per_share_krw
4930.881
eligible_shares_at_exdate
697223680
ex_date_confirmed
未確認
ex_date_assumed

2033-03-23

payment_date_confirmed
未確認
payment_date_assumed

2033-04-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

95
内容を開く
year
6.855578370979
想定日

2033-09-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2033-09-22

ex_date_status

assumed_not_confirmed

96
内容を開く
year
6.877481177276
想定日

2033-09-22

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2033-09-30

subjective_approval_probability
0.35
97
内容を開く
year
6.877481177276
想定日

2033-09-22

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2033-09-22

eligible_shares_at_exdate
697223680
ex_date_status

assumed_not_confirmed

98
内容を開く
year
6.899383983573
想定日

2033-09-30

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2033_SEPARATE_FROM_2026_10_28

purchase_shares
1031050
company_cash_out_oku
7019.102863
execution_price_assumed_krw
680772.3062
subjective_approval_probability
0.35
budget_if_approved_oku
20054.574735
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
99
内容を開く
year
6.937713894593
想定日

2033-10-14

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2033_SEPARATE_FROM_2026_10_28

shares_cancelled
1031050
additional_company_cash_oku
0
100
内容を開く
year
6.954140999316
想定日

2033-10-20

種類

forecast_ordinary_dividend_cash

金額
34771.258471726
company_total_payment_oku
34379.270975
assumed_per_share_krw
4930.881
eligible_shares_at_exdate
697223680
ex_date_confirmed
未確認
ex_date_assumed

2033-09-22

payment_date_confirmed
未確認
payment_date_assumed

2033-10-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

101
内容を開く
year
7.107460643395
想定日

2033-12-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
0
shares_new_issued_no_cash
2186492
employee_sbc_expense_oku
14885.029124
confirmed_execution
いいえ
102
内容を開く
year
7.353867214237
想定日

2034-03-15

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2034-03-23

ex_date_status

assumed_not_confirmed

103
内容を開く
year
7.375770020534
想定日

2034-03-23

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2034-03-23

eligible_shares_at_exdate
698379122
ex_date_status

assumed_not_confirmed

104
内容を開く
year
7.452429842574
想定日

2034-04-20

種類

forecast_ordinary_dividend_cash

金額
39578.842404083
company_total_payment_oku
39197.508282
assumed_per_share_krw
5612.64
eligible_shares_at_exdate
698379122
ex_date_confirmed
未確認
ex_date_assumed

2034-03-23

payment_date_confirmed
未確認
payment_date_assumed

2034-04-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

105
内容を開く
year
7.854893908282
想定日

2034-09-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2034-09-22

ex_date_status

assumed_not_confirmed

106
内容を開く
year
7.876796714579
想定日

2034-09-22

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2034-09-29

subjective_approval_probability
0.35
107
内容を開く
year
7.876796714579
想定日

2034-09-22

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2034-09-22

eligible_shares_at_exdate
698379122
ex_date_status

assumed_not_confirmed

108
内容を開く
year
7.895961670089
想定日

2034-09-29

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2034_SEPARATE_FROM_2026_10_28

purchase_shares
1081083
company_cash_out_oku
8002.827688
execution_price_assumed_krw
740260.2472
subjective_approval_probability
0.35
budget_if_approved_oku
22865.213165
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
109
内容を開く
year
7.934291581109
想定日

2034-10-13

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2034_SEPARATE_FROM_2026_10_28

shares_cancelled
1081083
additional_company_cash_oku
0
110
内容を開く
year
7.953456536619
想定日

2034-10-20

種類

forecast_ordinary_dividend_cash

金額
39578.842404083
company_total_payment_oku
39197.508282
assumed_per_share_krw
5612.64
eligible_shares_at_exdate
698379122
ex_date_confirmed
未確認
ex_date_assumed

2034-09-22

payment_date_confirmed
未確認
payment_date_assumed

2034-10-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

111
内容を開く
year
8.106776180698
想定日

2034-12-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
0
shares_new_issued_no_cash
2016011
employee_sbc_expense_oku
14923.725263
confirmed_execution
いいえ
112
内容を開く
year
8.35318275154
想定日

2035-03-15

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2035-03-23

ex_date_status

assumed_not_confirmed

113
内容を開く
year
8.375085557837
想定日

2035-03-23

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2035-03-23

eligible_shares_at_exdate
699314050
ex_date_status

assumed_not_confirmed

114
内容を開く
year
8.451745379877
想定日

2035-04-20

種類

forecast_ordinary_dividend_cash

金額
39561.807002882
company_total_payment_oku
39233.088574
assumed_per_share_krw
5610.225
eligible_shares_at_exdate
699314050
ex_date_confirmed
未確認
ex_date_assumed

2035-03-23

payment_date_confirmed
未確認
payment_date_assumed

2035-04-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

115
内容を開く
year
8.854209445585
想定日

2035-09-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2035-09-21

ex_date_status

assumed_not_confirmed

116
内容を開く
year
8.873374401095
想定日

2035-09-21

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2035-09-28

subjective_approval_probability
0.35
117
内容を開く
year
8.873374401095
想定日

2035-09-21

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2035-09-21

eligible_shares_at_exdate
699314050
ex_date_status

assumed_not_confirmed

118
内容を開く
year
8.892539356605
想定日

2035-09-28

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2035_SEPARATE_FROM_2026_10_28

purchase_shares
1088938
company_cash_out_oku
8010.088635
execution_price_assumed_krw
735587.2084
subjective_approval_probability
0.35
budget_if_approved_oku
22885.968335
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
119
内容を開く
year
8.939082819986
想定日

2035-10-15

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2035_SEPARATE_FROM_2026_10_28

shares_cancelled
1088938
additional_company_cash_oku
0
120
内容を開く
year
8.950034223135
想定日

2035-10-19

種類

forecast_ordinary_dividend_cash

金額
39561.807002882
company_total_payment_oku
39233.088574
assumed_per_share_krw
5610.225
eligible_shares_at_exdate
699314050
ex_date_confirmed
未確認
ex_date_assumed

2035-09-21

payment_date_confirmed
未確認
payment_date_assumed

2035-10-19

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

121
内容を開く
year
9.106091718001
想定日

2035-12-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
0
shares_new_issued_no_cash
2140850
employee_sbc_expense_oku
15747.820516
confirmed_execution
いいえ
122
内容を開く
year
9.352498288843
想定日

2036-03-14

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2036-03-21

ex_date_status

assumed_not_confirmed

123
内容を開く
year
9.371663244353
想定日

2036-03-21

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2036-03-21

eligible_shares_at_exdate
700365962
ex_date_status

assumed_not_confirmed

124
内容を開く
year
9.448323066393
想定日

2036-04-18

種類

forecast_ordinary_dividend_cash

金額
32203.572973812
company_total_payment_oku
31984.032291
assumed_per_share_krw
4566.76
eligible_shares_at_exdate
700365962
ex_date_confirmed
未確認
ex_date_assumed

2036-03-21

payment_date_confirmed
未確認
payment_date_assumed

2036-04-18

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

125
内容を開く
year
9.850787132101
想定日

2036-09-12

種類

unannounced_dividend_ex_date_recheck_gate

金額
0
prediction_only
はい
ex_date_assumed

2036-09-22

ex_date_status

assumed_not_confirmed

126
内容を開く
year
9.878165639973
想定日

2036-09-22

種類

not_yet_approved_additional_buyback_quarterly_board_gate

金額
0
planned_execution_date_assumed

2036-09-30

subjective_approval_probability
0.35
127
内容を開く
year
9.878165639973
想定日

2036-09-22

種類

predicted_dividend_ex_date_zero_cash

金額
0
ex_date_confirmed
未確認
ex_date_assumed

2036-09-22

eligible_shares_at_exdate
700365962
ex_date_status

assumed_not_confirmed

128
内容を開く
year
9.90006844627
想定日

2036-09-30

種類

unannounced_future_board_conditional_treasury_purchase_old_holder_zero_cash

金額
0
program_id

UNANNOUNCED_YEAR_2036_SEPARATE_FROM_2026_10_28

purchase_shares
907578
company_cash_out_oku
6530.075397
execution_price_assumed_krw
719505.695
subjective_approval_probability
0.35
budget_if_approved_oku
18657.35217
is_probability_weighted_synthetic_expected_purchase
はい
confirmed_board_resolution
いいえ
129
内容を開く
year
9.941136208077
想定日

2036-10-15

種類

employee_award_delivery_non_cash

金額
0
shares_from_prior_treasury
0
shares_new_issued_no_cash
1881420
employee_sbc_expense_oku
13536.922415
confirmed_execution
いいえ
130
内容を開く
year
9.941136208077
想定日

2036-10-15

種類

unannounced_future_board_conditional_treasury_cancellation_non_cash

金額
0
program_id

UNANNOUNCED_YEAR_2036_SEPARATE_FROM_2026_10_28

shares_cancelled
907578
additional_company_cash_oku
0
131
内容を開く
year
9.954825462012
想定日

2036-10-20

種類

forecast_ordinary_dividend_cash

金額
32203.572973812
company_total_payment_oku
31984.032291
assumed_per_share_krw
4566.76
eligible_shares_at_exdate
700365962
ex_date_confirmed
未確認
ex_date_assumed

2036-09-22

payment_date_confirmed
未確認
payment_date_assumed

2036-10-20

special_kioxia_nonrecurring_oku
0
ex_date_status

assumed_not_confirmed

その他の数値・前提

expected_growth_terminal_g
0.018
cost_of_equity_k
0.14
terminal_wacc
0.122
future_new_board_repurchases_unannounced
はい
future_new_board_approval_probability_assumed
0.35
future_new_board_approval_probability_kind

subjective risk-adjusted event amount factor, not a confirmed board approval or independent stochastic branch

terminal_cashflow_method

operating_FCFF_Gordon_perpetuity_plus_true_excess_liquidity_minus_interest_bearing_debt_minus_NCI

キャッシュフローの算出方法

timed_holder_cashflows_v1

holder_model

ONE_OLD_SHARE_NEVER_TENDERS_NORMALIZED_BY_705173324_BASE_PROXY_SHARES_SYNTHETIC_NOT_ACTUAL_COHORT

旧株主の初期投資額(億)
7982562.02768
年度別・部分期間の財務台帳
内容を開く
1
内容を開く
年度
2026
期間開始(翌日から)

2026-11-06

期間末

2026-12-31

期間日数
55
fraction_365_25
0.1505817933
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
165639.972621
conventional_dram
308692.676249
nand
143052.703628
other
12742.128953
売上高
630127.481451
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
1
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
1100000
conventional_dram
volume_index_vs_q3_2026
1
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
2050000
nand
volume_index_vs_q3_2026
1
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
950000
other
volume_index_vs_q3_2026
1
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
84619.32
cogs_including_embedded_depreciation_oku
190248.0892
non_sbc_sga_and_rd_oku
89528.512565
sbc_expense_in_operating_cost_oku
3780.764889
operating_cost_total_including_sbc_oku
283557.366653
営業利益(株式報酬控除後)
346570.114798
営業利益率
55.00%
interest_income_oku
2985.138097
interest_expense_oku
1070.63655
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
348484.616344
income_tax_expense_oku
88863.577168
nci_profit_oku
1298.105196
親会社帰属利益
258322.933981
depreciation_and_amortization_noncash_addback_oku
81916.572589
sbc_noncash_addback_to_operating_cash_oku
3780.764889
設備投資
122874.858883
運転資本の増加
0
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
344020.271458
regular_dividend_company_oku
70417.3324
kioxia_special_dividend_company_oku
70417.3324
total_dividend_company_cash_oku
140834.6648
buyback_cancellation_company_cash_oku
36243.169015
buyback_employee_treasury_company_cash_oku
36243.169015
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
0
debt_draw_oku
0
debt_repayment_oku
38000
cash_liquidity_begin_oku
1043370.038075
cash_liquidity_end_oku
1013194.447819
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
3048587.247247
unpaid_legacy_tax_liability_end_oku
310000
declared_dividend_book_equity_adjustment_oku
200
issuer_common_shares_issued_end
706799093
treasury_shares_end
9585769
effective_shares_end
697213324
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4343E-9
cancelled_shares
3480000
employee_treasury_newly_purchased_shares
3480000
employee_award_treasury_shares_delivered
0
employee_award_new_shares_issued_for_zero_cash
0
employee_plan_earmarked_treasury_shares_remaining
3980000
cancellation_earmarked_treasury_shares_remaining
3980000
shares_legally_cancelled_in_period
0
approved_oct28_plan_purchased_shares_in_period
6960000
approved_oct28_plan_purchase_cash_oku
72486.338031
approved_oct28_plan_cumulative_shares_including_assumed_preasof
7960000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
83806.338031
approved_oct28_plan_remaining_shares
6960000
unannounced_conditional_new_program_shares_in_period
0
unannounced_conditional_new_program_cash_oku
0
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.434281E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0114168787744
cash_paid_option_new_shares
0
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
1041470.37
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
141034.6648
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

2
内容を開く
年度
2027
期間開始(翌日から)

2026-12-31

期間末

2027-12-31

期間日数
365
fraction_365_25
0.9993155373
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
959972.4846
conventional_dram
1679849.418207
nand
789859.000684
other
86252.629257
売上高
3515933.532747
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
1.23
asp_index_vs_q3_2026
0.71
revenue_full_runrate_oku
960630
conventional_dram
volume_index_vs_q3_2026
1.025
asp_index_vs_q3_2026
0.8
revenue_full_runrate_oku
1681000
nand
volume_index_vs_q3_2026
1.04
asp_index_vs_q3_2026
0.8
revenue_full_runrate_oku
790400
other
volume_index_vs_q3_2026
1.02
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
86311.7064
cogs_including_embedded_depreciation_oku
1587514.308706
non_sbc_sga_and_rd_oku
747065.557038
sbc_expense_in_operating_cost_oku
21095.601196
operating_cost_total_including_sbc_oku
2355675.466941
営業利益(株式報酬控除後)
1160258.065807
営業利益率
33.00%
interest_income_oku
19237.518126
interest_expense_oku
5396.303901
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
1174099.280031
income_tax_expense_oku
299395.316408
nci_profit_oku
4373.519818
親会社帰属利益
870330.443805
depreciation_and_amortization_noncash_addback_oku
457071.359257
sbc_noncash_addback_to_operating_cash_oku
21095.601196
設備投資
685607.038886
運転資本の増加
-53265.725714
legacy_tax_liability_cash_settlement_oku
200000
operating_cash_generated_proxy_oku
1401763.129973
regular_dividend_company_oku
104439.653257
kioxia_special_dividend_company_oku
160000
total_dividend_company_cash_oku
264439.653257
buyback_cancellation_company_cash_oku
26290.235884
buyback_employee_treasury_company_cash_oku
26290.235884
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
0
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
1013194.447819
cash_liquidity_end_oku
1212330.413883
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
3622993.167225
unpaid_legacy_tax_liability_end_oku
110000
declared_dividend_book_equity_adjustment_oku
-264439.653257
issuer_common_shares_issued_end
699339093
treasury_shares_end
9085769
effective_shares_end
690253324
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4487E-9
cancelled_shares
3480000
employee_treasury_newly_purchased_shares
3480000
employee_award_treasury_shares_delivered
0
employee_award_new_shares_issued_for_zero_cash
0
employee_plan_earmarked_treasury_shares_remaining
7460000
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
7460000
approved_oct28_plan_purchased_shares_in_period
6960000
approved_oct28_plan_purchase_cash_oku
52580.471767
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
0
unannounced_conditional_new_program_cash_oku
0
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.448743E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0216152526634
cash_paid_option_new_shares
0
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
755466.55
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
270155.583176
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

3
内容を開く
年度
2028
期間開始(翌日から)

2027-12-31

期間末

2028-12-31

期間日数
366
fraction_365_25
1.0020533881
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
872847.770672
conventional_dram
1500125.420771
nand
712636.591142
other
88218.716587
売上高
3173828.499172
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
1.4648825
asp_index_vs_q3_2026
0.54057029
revenue_full_runrate_oku
871059.148191
conventional_dram
volume_index_vs_q3_2026
1.050625
asp_index_vs_q3_2026
0.69508052
revenue_full_runrate_oku
1497051.39327
nand
volume_index_vs_q3_2026
1.0816
asp_index_vs_q3_2026
0.69212888
revenue_full_runrate_oku
711176.270259
other
volume_index_vs_q3_2026
1.0404
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
88037.940528
cogs_including_embedded_depreciation_oku
1605703.314301
non_sbc_sga_and_rd_oku
755625.089083
sbc_expense_in_operating_cost_oku
19042.970995
operating_cost_total_including_sbc_oku
2380371.374379
営業利益(株式報酬控除後)
793457.124793
営業利益率
25.00%
interest_income_oku
23081.576176
interest_expense_oku
5411.088296
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
811127.612673
income_tax_expense_oku
206837.541232
nci_profit_oku
3021.450357
親会社帰属利益
601268.621084
depreciation_and_amortization_noncash_addback_oku
412597.704892
sbc_noncash_addback_to_operating_cash_oku
19042.970995
設備投資
618896.557339
運転資本の増加
-28139.018255
legacy_tax_liability_cash_settlement_oku
110000
operating_cash_generated_proxy_oku
1061048.315226
regular_dividend_company_oku
72152.23453
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
72152.23453
buyback_cancellation_company_cash_oku
7365.538763
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
310.636096
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
1212330.413883
cash_liquidity_end_oku
1465275.034574
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
4164097.622107
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-72152.23453
issuer_common_shares_issued_end
698255955
treasury_shares_end
6091104
effective_shares_end
692164851
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4447E-9
cancelled_shares
1158292
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
2994665
employee_award_new_shares_issued_for_zero_cash
0
employee_plan_earmarked_treasury_shares_remaining
4465335
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
1158292
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
1158292
unannounced_conditional_new_program_cash_oku
7365.538763
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.444743E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0187938942308
cash_paid_option_new_shares
75154
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
635896.54
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
73707.810917
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

4
内容を開く
年度
2029
期間開始(翌日から)

2028-12-31

期間末

2029-12-31

期間日数
365
fraction_365_25
0.9993155373
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
809950.737478
conventional_dram
1253962.950349
nand
583329.675103
other
89737.235479
売上高
2736980.598409
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
1.69918151
asp_index_vs_q3_2026
0.43363418
revenue_full_runrate_oku
810505.498257
conventional_dram
volume_index_vs_q3_2026
1.07689062
asp_index_vs_q3_2026
0.56840332
revenue_full_runrate_oku
1254821.829083
nand
volume_index_vs_q3_2026
1.124864
asp_index_vs_q3_2026
0.54624542
revenue_full_runrate_oku
583729.215977
other
volume_index_vs_q3_2026
1.061208
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
89798.699339
cogs_including_embedded_depreciation_oku
1347470.288209
non_sbc_sga_and_rd_oku
634103.665039
sbc_expense_in_operating_cost_oku
16421.88359
operating_cost_total_including_sbc_oku
1997995.836839
営業利益(株式報酬控除後)
738984.76157
営業利益率
27.00%
interest_income_oku
27821.170061
interest_expense_oku
5396.303901
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
761409.62773
income_tax_expense_oku
194159.455071
nci_profit_oku
2836.250863
親会社帰属利益
564413.921796
depreciation_and_amortization_noncash_addback_oku
355807.477793
sbc_noncash_addback_to_operating_cash_oku
16421.88359
設備投資
533711.21669
運転資本の増加
-34254.099056
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
970897.382235
regular_dividend_company_oku
67729.670615
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
67729.670615
buyback_cancellation_company_cash_oku
6914.067673
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
313.106573
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
1465275.034574
cash_liquidity_end_oku
1828130.568404
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
4670602.795778
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-67729.670615
issuer_common_shares_issued_end
697255131
treasury_shares_end
3535992
effective_shares_end
693719139
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4415E-9
cancelled_shares
1075773
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
2555112
employee_award_new_shares_issued_for_zero_cash
0
employee_plan_earmarked_treasury_shares_remaining
1910223
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
1075773
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
1075773
unannounced_conditional_new_program_cash_oku
6914.067673
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.441506E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0165112714297
cash_paid_option_new_shares
74949
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
642706.93
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
68998.839417
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

5
内容を開く
年度
2030
期間開始(翌日から)

2029-12-31

期間末

2030-12-31

期間日数
365
fraction_365_25
0.9993155373
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
767450.772169
conventional_dram
1209150.02528
nand
567900.584409
other
91531.980188
売上高
2636033.362046
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
1.92907984
asp_index_vs_q3_2026
0.36191368
revenue_full_runrate_oku
767976.423382
conventional_dram
volume_index_vs_q3_2026
1.10381289
asp_index_vs_q3_2026
0.53472221
revenue_full_runrate_oku
1209978.210229
nand
volume_index_vs_q3_2026
1.16985856
asp_index_vs_q3_2026
0.51134347
revenue_full_runrate_oku
568289.557412
other
volume_index_vs_q3_2026
1.08243216
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
91594.673325
cogs_including_embedded_depreciation_oku
1208146.810493
non_sbc_sga_and_rd_oku
568539.675526
sbc_expense_in_operating_cost_oku
15816.200172
operating_cost_total_including_sbc_oku
1792502.686191
営業利益(株式報酬控除後)
843530.675855
営業利益率
32.00%
interest_income_oku
34710.706343
interest_expense_oku
5396.303901
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
872845.078297
income_tax_expense_oku
222575.494966
nci_profit_oku
3251.347917
親会社帰属利益
647018.235414
depreciation_and_amortization_noncash_addback_oku
342684.337066
sbc_noncash_addback_to_operating_cash_oku
15816.200172
設備投資
514026.505599
運転資本の増加
-8075.778909
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
1013594.551562
regular_dividend_company_oku
77642.18825
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
77642.18825
buyback_cancellation_company_cash_oku
7925.971005
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
344.000339
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
1828130.568404
cash_liquidity_end_oku
2242474.455451
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
5248213.072449
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-77642.18825
issuer_common_shares_issued_end
696537260
treasury_shares_end
1625769
effective_shares_end
694911491
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.439E-9
cancelled_shares
1122465
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
1910223
employee_award_new_shares_issued_for_zero_cash
329645
employee_plan_earmarked_treasury_shares_remaining
0
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
1122465
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
1122465
unannounced_conditional_new_program_cash_oku
7925.971005
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.439032E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0147671079453
cash_paid_option_new_shares
74949
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
706121.88
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
78919.896495
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

6
内容を開く
年度
2031
期間開始(翌日から)

2030-12-31

期間末

2031-12-31

期間日数
365
fraction_365_25
0.9993155373
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
736699.859835
conventional_dram
1270478.76934
nand
608682.946453
other
93362.619792
売上高
2709224.195419
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
2.1523103
asp_index_vs_q3_2026
0.31137976
revenue_full_runrate_oku
737204.44878
conventional_dram
volume_index_vs_q3_2026
1.13140821
asp_index_vs_q3_2026
0.54814011
revenue_full_runrate_oku
1271348.960278
nand
volume_index_vs_q3_2026
1.2166529
asp_index_vs_q3_2026
0.52698493
revenue_full_runrate_oku
609099.85258
other
volume_index_vs_q3_2026
1.1040808
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
93426.566792
cogs_including_embedded_depreciation_oku
1186423.459658
non_sbc_sga_and_rd_oku
558316.922192
sbc_expense_in_operating_cost_oku
16255.345173
operating_cost_total_including_sbc_oku
1760995.727022
営業利益(株式報酬控除後)
948228.468397
営業利益率
35.00%
interest_income_oku
42577.851741
interest_expense_oku
5396.303901
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
985410.016237
income_tax_expense_oku
251279.55414
nci_profit_oku
3670.65231
親会社帰属利益
730459.809786
depreciation_and_amortization_noncash_addback_oku
352199.145404
sbc_noncash_addback_to_operating_cash_oku
16255.345173
設備投資
528298.718107
運転資本の増加
5855.26667
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
1093059.033693
regular_dividend_company_oku
87655.177174
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
87655.177174
buyback_cancellation_company_cash_oku
8948.13175
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
368.733446
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
2242474.455451
cash_liquidity_end_oku
2711000.195559
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
5898693.651929
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-87655.177174
issuer_common_shares_issued_end
697577634
treasury_shares_end
1625769
effective_shares_end
695951865
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4369E-9
cancelled_shares
1182222
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
0
employee_award_new_shares_issued_for_zero_cash
2147647
employee_plan_earmarked_treasury_shares_remaining
0
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
1182222
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
1182222
unannounced_conditional_new_program_cash_oku
8948.13175
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.436881E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0132501390739
cash_paid_option_new_shares
74949
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
756890.99
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
88944.794369
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

7
内容を開く
年度
2032
期間開始(翌日から)

2031-12-31

期間末

2032-12-31

期間日数
366
fraction_365_25
1.0020533881
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
715867.217245
conventional_dram
1266600.507144
nand
613648.056926
other
95490.775947
売上高
2691606.557262
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
2.36788782
asp_index_vs_q3_2026
0.274276
revenue_full_runrate_oku
714400.276226
conventional_dram
volume_index_vs_q3_2026
1.15969342
asp_index_vs_q3_2026
0.53168174
revenue_full_runrate_oku
1264005.014301
nand
volume_index_vs_q3_2026
1.26531902
asp_index_vs_q3_2026
0.50945387
revenue_full_runrate_oku
612390.581399
other
volume_index_vs_q3_2026
1.12616242
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
95295.098128
cogs_including_embedded_depreciation_oku
1270222.966503
non_sbc_sga_and_rd_oku
597751.984237
sbc_expense_in_operating_cost_oku
16149.639344
operating_cost_total_including_sbc_oku
1884124.590083
営業利益(株式報酬控除後)
807481.967178
営業利益率
30.00%
interest_income_oku
51614.77169
interest_expense_oku
5411.088296
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
853685.650573
income_tax_expense_oku
217689.840896
nci_profit_oku
3179.979048
親会社帰属利益
632815.830629
depreciation_and_amortization_noncash_addback_oku
349908.852444
sbc_noncash_addback_to_operating_cash_oku
16149.639344
設備投資
524863.278666
運転資本の増加
-2003.213616
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
1000877.536032
regular_dividend_company_oku
75937.899675
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
75937.899675
buyback_cancellation_company_cash_oku
7751.991668
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
342.808902
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
2711000.195559
cash_liquidity_end_oku
3103667.370484
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
6464312.039461
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-75937.899675
issuer_common_shares_issued_end
698849449
treasury_shares_end
1625769
effective_shares_end
697223680
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4343E-9
cancelled_shares
1104655
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
0
employee_award_new_shares_issued_for_zero_cash
2301316
employee_plan_earmarked_treasury_shares_remaining
0
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
1104655
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
1104655
unannounced_conditional_new_program_cash_oku
7751.991668
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.43426E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0114018560012
cash_paid_option_new_shares
75154
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
701756.81
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
76939.933362
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

8
内容を開く
年度
2033
期間開始(翌日から)

2032-12-31

期間末

2033-12-31

期間日数
365
fraction_365_25
0.9993155373
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
696685.433949
conventional_dram
1142240.599953
nand
544777.683828
other
97134.469632
売上高
2480838.187361
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
2.57578819
asp_index_vs_q3_2026
0.24605447
revenue_full_runrate_oku
697162.615753
conventional_dram
volume_index_vs_q3_2026
1.18868575
asp_index_vs_q3_2026
0.46906609
revenue_full_runrate_oku
1143022.956528
nand
volume_index_vs_q3_2026
1.31593178
asp_index_vs_q3_2026
0.43607349
revenue_full_runrate_oku
545150.819227
other
volume_index_vs_q3_2026
1.14868567
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
97201.00009
cogs_including_embedded_depreciation_oku
1187626.857053
non_sbc_sga_and_rd_oku
558883.226849
sbc_expense_in_operating_cost_oku
14885.029124
operating_cost_total_including_sbc_oku
1761395.113026
営業利益(株式報酬控除後)
719443.074335
営業利益率
29.00%
interest_income_oku
58929.317493
interest_expense_oku
5396.303901
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
772976.087926
income_tax_expense_oku
197108.902421
nci_profit_oku
2879.335928
親会社帰属利益
572987.849577
depreciation_and_amortization_noncash_addback_oku
322508.964357
sbc_noncash_addback_to_operating_cash_oku
14885.029124
設備投資
483763.446535
運転資本の増加
-16273.14029
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
926654.983348
regular_dividend_company_oku
68758.541949
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
68758.541949
buyback_cancellation_company_cash_oku
7019.102863
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
0
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
3103667.370484
cash_liquidity_end_oku
3470781.262485
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
6976407.27335
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-68758.541949
issuer_common_shares_issued_end
700004891
treasury_shares_end
1625769
effective_shares_end
698379122
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4319E-9
cancelled_shares
1031050
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
0
employee_award_new_shares_issued_for_zero_cash
2186492
employee_plan_earmarked_treasury_shares_remaining
0
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
1031050
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
1031050
unannounced_conditional_new_program_cash_oku
7019.102863
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.431887E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0097285296567
cash_paid_option_new_shares
0
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
680772.31
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
69542.516943
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

9
内容を開く
年度
2034
期間開始(翌日から)

2033-12-31

期間末

2034-12-31

期間日数
365
fraction_365_25
0.9993155373
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
683442.040129
conventional_dram
1149556.135037
nand
555212.209584
other
99077.159024
売上高
2487287.543774
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
2.77664467
asp_index_vs_q3_2026
0.22391648
revenue_full_runrate_oku
683910.151115
conventional_dram
volume_index_vs_q3_2026
1.2184029
asp_index_vs_q3_2026
0.46055633
revenue_full_runrate_oku
1150343.502253
nand
volume_index_vs_q3_2026
1.36856905
asp_index_vs_q3_2026
0.42733262
revenue_full_runrate_oku
555592.491919
other
volume_index_vs_q3_2026
1.17165938
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
99145.020092
cogs_including_embedded_depreciation_oku
1123060.071765
non_sbc_sga_and_rd_oku
528498.857301
sbc_expense_in_operating_cost_oku
14923.725263
operating_cost_total_including_sbc_oku
1666482.654328
営業利益(株式報酬控除後)
820804.889445
営業利益率
33.00%
interest_income_oku
65899.707201
interest_expense_oku
5396.303901
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
881308.292745
income_tax_expense_oku
224733.61465
nci_profit_oku
3282.87339
親会社帰属利益
653291.804705
depreciation_and_amortization_noncash_addback_oku
323347.380691
sbc_noncash_addback_to_operating_cash_oku
14923.725263
設備投資
485021.071036
運転資本の増加
515.948513
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
991046.962145
regular_dividend_company_oku
78395.016565
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
78395.016565
buyback_cancellation_company_cash_oku
8002.827688
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
0
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
3470781.262485
cash_liquidity_end_oku
3890409.309342
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
7558224.959065
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-78395.016565
issuer_common_shares_issued_end
700939819
treasury_shares_end
1625769
effective_shares_end
699314050
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.43E-9
cancelled_shares
1081083
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
0
employee_award_new_shares_issued_for_zero_cash
2016011
employee_plan_earmarked_treasury_shares_remaining
0
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
1081083
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
1081083
unannounced_conditional_new_program_cash_oku
8002.827688
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.429973E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0083786018599
cash_paid_option_new_shares
0
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
740260.25
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
79157.684808
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

10
内容を開く
年度
2035
期間開始(翌日から)

2034-12-31

期間末

2035-12-31

期間日数
365
fraction_365_25
0.9993155373
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
673106.808456
conventional_dram
1238751.580831
nand
611719.661115
other
101058.702205
売上高
2624636.752607
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
2.97149657
asp_index_vs_q3_2026
0.20606936
revenue_full_runrate_oku
673567.840517
conventional_dram
volume_index_vs_q3_2026
1.24886297
asp_index_vs_q3_2026
0.48418679
revenue_full_runrate_oku
1239600.040818
nand
volume_index_vs_q3_2026
1.42331181
asp_index_vs_q3_2026
0.45271631
revenue_full_runrate_oku
612138.647184
other
volume_index_vs_q3_2026
1.19509257
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
101127.920494
cogs_including_embedded_depreciation_oku
1220771.046372
non_sbc_sga_and_rd_oku
574480.492411
sbc_expense_in_operating_cost_oku
15747.820516
operating_cost_total_including_sbc_oku
1810999.359299
営業利益(株式報酬控除後)
813637.393308
営業利益率
31.00%
interest_income_oku
73867.182917
interest_expense_oku
5396.303901
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
882108.272323
income_tax_expense_oku
224937.609442
nci_profit_oku
3285.853314
親会社帰属利益
653884.809566
depreciation_and_amortization_noncash_addback_oku
341202.777839
sbc_noncash_addback_to_operating_cash_oku
15747.820516
設備投資
511804.166758
運転資本の増加
10987.936707
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
999847.471214
regular_dividend_company_oku
78466.177148
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
78466.177148
buyback_cancellation_company_cash_oku
8010.088635
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
0
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
3890409.309342
cash_liquidity_end_oku
4291976.348015
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
8141381.323364
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-78466.177148
issuer_common_shares_issued_end
701991731
treasury_shares_end
1625769
effective_shares_end
700365962
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4278E-9
cancelled_shares
1088938
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
0
employee_award_new_shares_issued_for_zero_cash
2140850
employee_plan_earmarked_treasury_shares_remaining
0
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
1088938
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
1088938
unannounced_conditional_new_program_cash_oku
8010.088635
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.427825E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0068640714438
cash_paid_option_new_shares
0
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
735587.21
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
79123.614006
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

11
内容を開く
年度
2036
期間開始(翌日から)

2035-12-31

期間末

2036-11-06

期間日数
311
fraction_365_25
0.8514715948
実績・予測の区分

forecast

segment_revenue_oku
内容を開く
hbm
566556.513293
conventional_dram
1067471.35012
nand
534296.169688
other
87829.702776
売上高
2256153.735877
segment_quantity_price_indices
内容を開く
hbm
volume_index_vs_q3_2026
3.16159895
asp_index_vs_q3_2026
0.19132583
revenue_full_runrate_oku
665385.101222
conventional_dram
volume_index_vs_q3_2026
1.28008454
asp_index_vs_q3_2026
0.47774214
revenue_full_runrate_oku
1253678.169233
nand
volume_index_vs_q3_2026
1.48024428
asp_index_vs_q3_2026
0.44622603
revenue_full_runrate_oku
627497.350413
other
volume_index_vs_q3_2026
1.21899442
asp_index_vs_q3_2026
1
revenue_full_runrate_oku
103150.478904
cogs_including_embedded_depreciation_oku
1080065.916439
non_sbc_sga_and_rd_oku
508266.313618
sbc_expense_in_operating_cost_oku
13536.922415
operating_cost_total_including_sbc_oku
1601869.152473
営業利益(株式報酬控除後)
654284.583404
営業利益率
29.00%
interest_income_oku
69435.422972
interest_expense_oku
4597.946612
nonrecurring_kioxia_profit_oku
0
profit_before_tax_oku
719122.059764
income_tax_expense_oku
183376.12524
nci_profit_oku
2678.729673
親会社帰属利益
533067.204852
depreciation_and_amortization_noncash_addback_oku
293299.985664
sbc_noncash_addback_to_operating_cash_oku
13536.922415
設備投資
439949.978496
運転資本の増加
1585.552556
legacy_tax_liability_cash_settlement_oku
0
operating_cash_generated_proxy_oku
838318.560376
regular_dividend_company_oku
63968.064582
kioxia_special_dividend_company_oku
0
total_dividend_company_cash_oku
63968.064582
buyback_cancellation_company_cash_oku
6530.075397
buyback_employee_treasury_company_cash_oku
0
thirdparty_new_issuance_cash_oku
0
employee_option_subscription_cash_oku
0
debt_draw_oku
0
debt_repayment_oku
0
cash_liquidity_begin_oku
4291976.348015
cash_liquidity_end_oku
4619846.789915
interest_bearing_debt_end_oku
120000
parent_book_equity_end_oku
8617487.310652
unpaid_legacy_tax_liability_end_oku
0
declared_dividend_book_equity_adjustment_oku
-63968.064582
issuer_common_shares_issued_end
702965573
treasury_shares_end
1625769
effective_shares_end
701339804
holder_constant_non_tendered_old_shares
1
holder_share_equivalence_factor
1.4258E-9
cancelled_shares
907578
employee_treasury_newly_purchased_shares
0
employee_award_treasury_shares_delivered
0
employee_award_new_shares_issued_for_zero_cash
1881420
employee_plan_earmarked_treasury_shares_remaining
0
cancellation_earmarked_treasury_shares_remaining
0
shares_legally_cancelled_in_period
907578
approved_oct28_plan_purchased_shares_in_period
0
approved_oct28_plan_purchase_cash_oku
0
approved_oct28_plan_cumulative_shares_including_assumed_preasof
14920000
approved_oct28_plan_cumulative_cash_including_assumed_preasof_oku
136386.809798
approved_oct28_plan_remaining_shares
0
unannounced_conditional_new_program_shares_in_period
907578
unannounced_conditional_new_program_cash_oku
6530.075397
unannounced_new_program_subjective_approval_probability
0.35
synthetic_old_share_count_basis_multiplier
705173324
one_old_share_ownership_fraction
1.425842E-9
synthetic_old_share_claim_equivalence_multiplier_NOT_real_ownership
1.0054659951968
cash_paid_option_new_shares
0
thirdparty_paid_new_shares
0
hypothetical_market_execution_price_krw
719505.7
holder_buyback_cash_oku
0
holder_issuer_subscriptions_cash_oku
0
holder_annual_dividend_synthetic_not_real_oku
64407.145948
book_equity_bridge_formula

end=start+parent_NI+equity_settled_SBC_credit+adjusted_dividend_equity_charge -cancel_buyback_cash -employee_treasury_cash +paid_option_proceeds +other_paid_issuance_proceeds

liquidity_bridge_formula

end=start+parent_NI+DA+noncash_SBC-ΔWC-capex-dividends-cancel_buybacks-employee_treasury_purchase+option_proceeds+thirdparty_issue+debt_draw-debt_repay-legacy_accrued_tax_payments

期間内株主受取
1090932.484241
終価
9124847.664698
normalization_definition

one_old_share_cashflow_or_terminal_value_times_basis.shares / 1e8; neither figure is an actual 705m holder cohort cashflow

terminal_old_cohort_mcap_oku
9124847.664698
terminal_old_cohort_is_synthetic_not_actual_aggregate
はい
terminal_issuer_total_equity_value_oku
9075242.433149
terminal_issuer_outstanding_shares
701339804
terminal_issuer_common_price_krw
1293986.51
terminal_old_holder_ownership_fraction
未確認
terminal_synthetic_share_equivalence_multiplier_NOT_REAL_OWNERSHIP
1.0054659951968
terminal_one_old_share_ownership_fraction
1.425842E-9
terminal_one_old_share_value_krw
1293986.507167
synthetic_display_entitlement_is_not_real_all_shareholder_aggregate
はい
synthetic_multiplier_fixed_from_basis_shares
705173324
終価の基準日

2036-11-06

terminal_year_ACT_365_25
10.001368925394
終価の内訳(億)
内容を開く
2037_sustainable_revenue_oku
2697405.899568
2037_sustainable_operating_profit_after_SBC_oku
782247.710875
2037_sustainable_SBC_expense_oku
16184.435397
2037_NCI_unadjusted_NOPAT_oku
582774.544602
2037_DA_addback_oku
364149.796442
2037_maintenance_plus_growth_capex_oku
445071.973429
2037_WC_reinvestment_oku
3884.264495
2037_SBC_employee_delivery_shares
2210846
2037_assumed_market_price_for_sbc_buyback_krw
732047.2
2037_stock_replenishment_cash_out_oku
16184.43616
2037_equity_SBC_noncash_credit_added_once_oku
16184.435397
2037_extra_SBC_cash_adjustment_oku
-0.000762
2037_sustainable_FCFF_after_employee_replenishment_oku
497968.102357
WACC
0.122
perpetual_growth
0.018
operating_enterprise_value_oku
4788154.830355
consolidated_liquidity_end_oku
4619846.789915
required_operating_cash_not_surplus_oku
188818.41297
net_liquidity_after_operating_reserve_oku
4431028.376945
debt_end_oku
120000
economic_NCI_deduction_oku
23940.774152
independent_Kioxia_holdings_additional_valuation_oku
0
terminal_parent_company_equity_value_oku
9075242.433149
non_selling_real_claim_share_count
1
synthetic_share_count_multiplier
705173324
effective_total_common_share_count
701339804
old_block_equity_value_oku
9124847.664698
terminal_formula

EV=(NOPAT+DA+equity_SBC_credit-capex-ΔNWC-market_employee_share_replenishment_cash)/(WACC-g); equity=EV+cash-required_cash-debt-econ_NCI; one_old_share=equity/outstanding; synthetic_oku=one_old_share_KRW*705173324/1e8; synthetic ratio can exceed 1 and is NOT real equity ownership

韓国源泉税控除前のIRR
0.0270073715
irr_annual
0.0270073715
net_korea_source_tax_after_irr
未確認
税引後の数値がない理由

EWY実際の韓国配当源泉税率・条約適格性・申請状況・還付を対象投資時点で一次資料から確定できない

gross_irrcf_NPV_at_irr_oku
8.0E-9
pv_timed_holder_distributions_at_equity_k_oku
731834.898294
pv_holder_terminal_at_equity_k_oku
2460929.718931
pv_total_holder_payout_at_k_oku
3192764.617225
source_tax_before_cashflows_all_nonnegative
はい
buyback_proportionate_tender
いいえ
no_old_holder_cash_for_buyback
はい
old_holder_share_count_does_not_change
はい
売上高
2649711.099772
営業利益
768416.218934
adjust_oku
0
純利益
626054.008271
期間内の親会社利益合計(億)
6717861.465195
equity_oku
8617487.310652
multiple
kind

forward_FCFF_over_WACC_minus_g

値
9.61538462
why

2037継続FCFFにWACC-gを適用した企業価値係数。PERではない。現金・借入・NCIを後段で調整し旧株主の持分比率を掛ける。

approved_oct28_plan_reconciliation
内容を開く
initial_cutoff_assumed_shares
1000000
remaining_at_cutoff_shares
13920000
approved_target_planned_shares
14920000
future_purchase_shares
13920000
whole_program_expected_shares
14920000
future_plan_purchase_company_cash_oku
125066.8098
total_plan_purchase_company_cash_including_assumed_preasof_oku
136386.8098
future_employee_treasury_shares
6960000
future_cancellation_purpose_treasury_shares
6960000
future_cancellation_uses_no_additional_company_cash
はい
all_future_execution_cost_derived_from_scenario_market_price
はい
not_actually_verified_execution
はい
new_post2027_conditional_programs_count_under_this_approved_plan
0
future_unannounced_board_probability_assumed
0.35

AI設備過剰・メモリー大不況(確率 10.0%)

供給過剰と価格急落、高額設備投資で外部資金を要する

確率の根拠

10%: HBM供給競争・AI設備投資停止のテールリスク

このシナリオの数値・キャッシュフローを開く →

金額の単位

億KRW

事業の詳細

segments_accounting

K-IFRS reports one semiconductor operating segment. Revenue disaggregation HBM/commodity DRAM/NAND in 2027-36 is an analyst forecast, not a verified financial reportable-segment split.

products
内容を開く
1

HBM high-bandwidth DRAM for AI GPU accelerators, subset of total DRAM

2

Conventional DRAM: DDR5/server/mobile/PC

3

NAND flash: eSSD / enterprise SSD (including Solidigm)

4

Other memory packaging and services

2026_q3_market_context

2026Q3 provisional revenue and price-driven margin unusually elevated. Company LTA cover more than 50% of planned 2027-28 capacity with price adjustment mechanisms; not guaranteed ASP or margin.

kioxia

Gains, derivative movements and related 2026 special shareholder distributions are non-recurring. In model: 2026 special 10k KRW in confirmed quarterly dividend + a separate hypothetical FY26 residual cash distribution in 2027. Neither gains nor special dividends are added to future sustainable EBIT or an independently valued terminal Kioxia asset.

競争力の詳細

HBM_technology_strength

issuer reports HBM4 production ramp and demand under long-term agreements; HBM volumes/market shares not uncritically equated to entire consolidated reportable-segment share

weaknesses
内容を開く
1

customer concentration in AI accelerators

2

memory supply/price cyclicality

3

large fabs/cleanrooms, EUV/packaging and capex commitments

4

technology yield, competition and export controls

5

financial-asset valuation gains distorting group NI

6

rapid equity issuance / employee stock incentives and capital-market funding

strengths
内容を開く
1

advanced HBM supply position

2

strong 2026 spot market pricing and operating cash generation

3

Solidigm enterprise SSD exposure

4

long-term contract coverage

5

debt partly offset by large liquid financial assets

scoring
内容を開く
technology
8
balance_sheet
7
recurring_earnings_visibility
4
capital_discipline
5
cycle_stability
2
scores_subjective
はい

業界の詳細

structure

oligopolistic DRAM/HBM and competitive NAND, high fixed costs, inventory cycles, fab lags

analysis_aspects
内容を開く
1

AI accelerator HBM demand volume

2

HBM4 yield and premium ASP

3

DDR5 and conventional DRAM bit shipments and ASP

4

NAND/eSSD bit volumes and ASP

5

capex vs depreciation and wafer throughput

6

tax and working capital requirements

7

incremental equity issuance

8

export control, FX and semiconductor cycle

2026_q3_proxy_revenue_basket_oku
内容を開く
hbm
1100000
conventional_dram
2050000
nand
950000
other
84619.32
disclosure_status

HBM share within DRAM not separately confirmed at 2026 Q3; synthetic baskets allocate Q3 total only for scenario construction and MUST NOT appear as actual segment financials

volume_asp_mechanics

Each forecast segment annual revenue = Q3 2026 synthetic annualized base × cumulative volume index × cumulative relative ASP index. HBM excludes any overlap with conventional DRAM. Annual margin derived from total revenue and scenario profitability assumptions.

財務・資本配分の詳細

reviewed_balance_sheet_2026_06
内容を開く
日付

2026-06-30

状態

K-IFRS interim consolidated financial statements with auditors review, unaudited

h1_revenue_oku
1318950.33
h1_operating_profit_oku
981528.91
h1_parent_profit_oku
1341504.12
h1_consolidated_profit_oku
1342685.02
親会社持分(億)
2623806.1
非支配持分資本(億)
3126.18
strict_cash_equivalents_oku
268359.86
short_term_financial_instruments_oku
223975.59
short_term_investment_assets_oku
387243.78
broad_liquidity_three_components_oku
879579.23
interest_bearing_borrowings_oku
185866.34
current_tax_liability_oku
319580.25
h1_ppe_acquisitions_oku
183288.36
h1_intangible_acquisitions_oku
6651.8
h1_depreciation_oku
73408.67
h1_amortization_oku
4184.22
h1_share_based_payment_cashflow_addback_oku
746.39
h1_stock_comp_note_recognized_expense_oku
1486.63
h1_financial_instruments_valuation_gain_oku
631789.74
h1_dividend_income_oku
139795.67
発行済株式数
712702365
自己株式数
1626865
effective_outstanding_shares
711075500
source_id

h1_6k_reviewed

latest_preliminary_and_events
内容を開く
2025_year_end
内容を開く
日付

2025-12-31

状態

company reported K-IFRS FY2025, not used as 2026 future cashflow

売上高
971467
営業利益(億)
472063
consolidated_net_income_oku
429479
parent_net_income_oku
未確認
source_id

2025_company

2026_07_nasdaq_ads
内容を開く
日付

2026-07-29

asof_date_status

July 10 ADS listing; July 29 newly issued ordinary shares listed on KRX

new_common_shares
17790000
ads_new
177900000
common_shares_per_ads
0.1
gross_issuance_proceeds_oku
398905.3479
issue_price_per_common_krw
2242301
source_id

h1_6k_reviewed

underwriting_discount_oku
3875.807196
other_issuance_expenses_estimated_oku
292.995843
net_issuance_proceeds_estimated_oku
394736.544861
actual_net_cash_proceeds_oku
未確認
new_source_ids
1

ads_prospectus_424b4

2

ads_krx_issuance_report

2026_10_28_q3_prelim
内容を開く
日付

2026-10-28

期間末

2026-09-30

状態

reported provisional Q3 results (NOT confirmed reviewed financials)

q3_revenue_oku
1046154.83
q3_operating_profit_oku
833338.18
q3_pre_tax_profit_oku
507085
q3_parent_profit_oku
395343.92
q3_nci_profit_oku
2412.01
q3_consolidated_profit_oku
397755.93
ytd_parent_profit_oku
1736848.04
broad_liquidity_oku
1145000
borrowings_oku
158000
source_id

q3_6k_preliminary

2026_10_26_buyback_terminated
内容を開く
日付

2026-10-21

reported

2026-10-26

状態

cash paid, buys completed before 2026-11-06; cashflow on this investment horizon = 0

株数
23693272
cash_outflow_oku
400043.390635
estimated_cancel_date

2026-11-05

cancel_confirmed_asof
いいえ
source_id

buyback_execution_6k

2026_10_28_dividend_declared
内容を開く
日付

2026-10-28

payment_date_confirmed
未確認
record_date_confirmed

2026-11-30

ex_date_confirmed
未確認
ex_date_assumed

2026-11-27

per_share_krw
20000
ordinary_component_krw
10000
kioxia_special_component_krw
10000
total_declared_oku
141034.6648
implied_eligible_shares
705173324
eligible_shares_can_change_before_record_date
はい
source_id

dividend_q3_6k

2026_10_28_buyback_new_plan
内容を開く
日付

2026-10-28

状態

board planned; execution conditional, October 29 start is before purchase baseline

planned_ordinary_buyback_shares
14920000
estimated_cash_oku_not_spending_cap
200077.2
estimated_price_krw
1341000
planned_start

2026-10-29

planned_end

2027-01-28

approx_cancellation_budget_oku
100000
approx_employee_budget_oku
100000
actual_share_count_can_change_with_price
はい
planned_model_target_shares_without_new_filing
14920000
assumed_purchased_2026_10_29_to_11_06_shares
1000000
assumed_purchased_2026_10_29_to_11_06_cash_oku
11320
model_unexecuted_share_balance_after_cutoff
13920000
source_id

buyback_policy_6k

2026_08_07_q2_dividend
内容を開く
board_decision_date

2026-08-07

状態

issued decision, aggregate at decision; FINAL TOTAL NOT VERIFIED

record_date_confirmed

2026-08-31

per_common_krw
375
board_estimate_oku
2733.248018
implied_eligible_on_resolution
728866138
estimated_settled_old_program_treasury_by_record
3900000
estimated_eligible_shares_at_record
724966138
model_actual_payment_proxy_oku
2718.623018
actual_paid_oku
未確認
payment_date_declared
未確認
payment_date_assumed

2026-09-30

payment_pre_asof
はい
cash_embedded_in_2026_09_30_ir_liquidity
はい
accounting_recognition

Not a June30 liability; recognized in equity and dividend payable when declared Aug7, paid by September30 assumption; payable was extinguished, cash already inside Sep30 balance

excluded_from_holder_timed_cashflows
はい
出典番号
内容を開く
1

q2_div_6k

2

h1_6k_reviewed

3

buyback_execution_6k

4

krx_t2_settlement

asof_parent_equity_proxy_oku
2858769.886408
sbc_policy

All SBC is expensed in operating costs, lowering ordinary parent NI. Equity-settled compensation is added back once to operating cash, matched to a real cost of treasury acquisition or new shareholder dilution; 2037 cash-neutral continuation explicitly adds back noncash expense and subtracts market share replenishment once. The stock trust transfer itself is 0 holder cash. Employee-purpose Oct28-plan treasury stock is reserved (not cancelled) and grants first consume reserved treasury stock; the entire 2036 employee reserve is used up in all five scenario projections. Market repurchase matching 2037 grants affects terminal FCFF once.

excluded_pre_asof_investor_cashflows_oku
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2026_aug_oct_stock_repurchase_oku
400043.390635
2026_H1_dividends_oku
15943.65
2026_Q2_dividend_estimate_oku
2718.623018
2026_Q2_dividend_actual_paid_oku
未確認
future_announced_but_partial_unknown
内容を開く
assumed_whole_unspent_asof_Nov6
いいえ
plan_execution_from_Oct29_to_Nov6_unknown
はい
preasof_assumed_count_shares
1000000
preasof_assumed_cash_oku
11320
approved_target_not_actual_binding_share_cap
14920000
postasof_plan_purchase_shares
13920000
other_2027_new_program_from_this_approval_oku_assumed
0
compensation_repurchase_and_cancellation_not_dividends
はい
board_estimated_cash_NOT_fixed_oku
200077.2
announced_quarterly_dividend_cash_paid_after_asof

Board approved 20,000 KRW on Oct28, Nov30 record; future payment day not yet announced. Company liabilities/proxy equity deduct the declaration at asof; Dec24 assumed cash settlement no second equity debit.

option_exercise_forecasts

Synthetic 75,000 shares per full year in 2028-2032 at 65% assumed market reference. It is separately financed (paid issuance), not an assumed cash payment by old holders; no exercise after 2032 / 2037 terminal.

legacy_tax_payable_untouched_profit

Proxy 31T KRW historical accrued tax liability estimated from K-IFRS June tax payable 31.958T; payments 20T in 2027 and remainder in 2028 reduce liquid assets but not current profit/equity again; uncertainty high.

oct28_plan_one_resolution_bridge
内容を開く
source_id

buyback_policy_6k

source_url

https://www.sec.gov/Archives/edgar/data/2120882/000119312526435019/d165312d6k.htm

状態

BOARD DECISION PLANNED only, NOT concluded purchases

date_of_resolution

2026-10-28

planned_start

2026-10-29

planned_end

2027-01-28

planned_shares
14920000
board_estimated_purchase_cash_oku_NOT_implementation_cost
200077.2
formula_for_board_estimate

14,920,000 shares * KRW1,341,000 per share / 100,000,000 KRW per oku

board_price_assumption_krw
1341000
actual_share_count_can_change_with_market_price
はい
maximum_daily_share_purchase_order
1492000
before_2026_11_06_executions_actual_shares_verified
未確認
assumed_preasof_execution_shares
1000000
assumed_preasof_average_execution_price_krw
1132000
assumed_preasof_purchase_cash_oku
11320
assumed_preasof_shareholder_cancel_purpose_shares
500000
assumed_preasof_employee_compensation_purpose_shares
500000
forecast_after_asof_number_shares
13920000
planned_after_asof_2026_shares
6960000
planned_after_asof_2027_shares
6960000
assumed_2026_dates
内容を開く
1

2026-12-10

2

2026-12-11

3

2026-12-14

4

2026-12-15

5

2026-12-16

assumed_2027_dates
内容を開く
1

2027-01-20

2

2027-01-21

3

2027-01-22

4

2027-01-25

5

2027-01-26

shares_daily_postasof
1392000
fraction_shares_for_shareholder_cancellation_ASSUMED
0.5
fraction_shares_for_employee_equity_awards_ASSUMED
0.5
issuer_announced_approx_cash_allocation_shareholder_oku
100000
issuer_announced_approx_cash_allocation_employee_oku
100000
actual_allocation_final_confirmed
いいえ
future_cancellation_date_assumed

2027-05-14

future_cancellation_legal_approval_confirmed
いいえ
cancellation_after_treasury_purchase_causes_additional_cash_out_oku
0
assumed_full_plan_by_2027_01_26_shares
14920000
model_share_limit_is_analytical_not_legally_fixed
はい
all_values_scenario_forecasts_subject_to_future_disclosure
はい
scenario_costs_by_assumed_execution_price_oku
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upside
内容を開く
2027
share_count
6960000
company_cash_oku
85968.703198
implied_averaged_purchase_price_krw
1235182.52
2028
share_count
6960000
company_cash_oku
84240.588184
implied_averaged_purchase_price_krw
1210353.28
future_from_asof_cash_oku
170209.29138
whole_10_28_program_cash_including_assumed_prelude_oku
181529.29138
board_estimate_less_hypothetical_execution_oku
18547.90862
future_from_asof_purpose_breakdown
cancellation
株数
6960000
現金(億)
85104.64569
employee
株数
6960000
現金(億)
85104.64569
preasof_cash_already_in_opening_capital_oku
11320
number_of_subsequent_acquisition_business_days
10
bull
内容を開く
2027
share_count
6960000
company_cash_oku
82767.645848
implied_averaged_purchase_price_krw
1189190.31
2028
share_count
6960000
company_cash_oku
76824.175004
implied_averaged_purchase_price_krw
1103795.62
future_from_asof_cash_oku
159591.82085
whole_10_28_program_cash_including_assumed_prelude_oku
170911.82085
board_estimate_less_hypothetical_execution_oku
29165.37915
future_from_asof_purpose_breakdown
cancellation
株数
6960000
現金(億)
79795.910425
employee
株数
6960000
現金(億)
79795.910425
preasof_cash_already_in_opening_capital_oku
11320
number_of_subsequent_acquisition_business_days
10
base
内容を開く
2027
share_count
6960000
company_cash_oku
78787.2
implied_averaged_purchase_price_krw
1132000
2028
share_count
6960000
company_cash_oku
62710.030787
implied_averaged_purchase_price_krw
901006.19
future_from_asof_cash_oku
141497.23079
whole_10_28_program_cash_including_assumed_prelude_oku
152817.23079
board_estimate_less_hypothetical_execution_oku
47259.96921
future_from_asof_purpose_breakdown
cancellation
株数
6960000
現金(億)
70748.615395
employee
株数
6960000
現金(億)
70748.615395
preasof_cash_already_in_opening_capital_oku
11320
number_of_subsequent_acquisition_business_days
10
bear
内容を開く
2027
share_count
6960000
company_cash_oku
72486.338031
implied_averaged_purchase_price_krw
1041470.37
2028
share_count
6960000
company_cash_oku
52580.471767
implied_averaged_purchase_price_krw
755466.55
future_from_asof_cash_oku
125066.8098
whole_10_28_program_cash_including_assumed_prelude_oku
136386.8098
board_estimate_less_hypothetical_execution_oku
63690.3902
future_from_asof_purpose_breakdown
cancellation
株数
6960000
現金(億)
62533.4049
employee
株数
6960000
現金(億)
62533.4049
preasof_cash_already_in_opening_capital_oku
11320
number_of_subsequent_acquisition_business_days
10
stress
内容を開く
2027
share_count
6960000
company_cash_oku
64911.786711
implied_averaged_purchase_price_krw
932640.61
2028
share_count
6960000
company_cash_oku
37017.058782
implied_averaged_purchase_price_krw
531854.29
future_from_asof_cash_oku
101928.84549
whole_10_28_program_cash_including_assumed_prelude_oku
113248.84549
board_estimate_less_hypothetical_execution_oku
86828.35451
future_from_asof_purpose_breakdown
cancellation
株数
6960000
現金(億)
50964.422745
employee
株数
6960000
現金(億)
50964.422745
preasof_cash_already_in_opening_capital_oku
11320
number_of_subsequent_acquisition_business_days
10
modelled_preasof_zero_three_m_sensitivity_available_in_package
はい
unresolved_confirmations_v3
内容を開く
1

2026-08-31 real Q2 dividend paid eligible-share count, cash total and primary payment confirmation

2

2026 Q3 finalized K-IFRS equity, other comprehensive income, equity-settled SBC capital credit

3

2026 July ADS true net proceeds versus July9 prospectus estimated other offering expenses

4

Actual executed Oct29-Nov6 buyback shares and prices versus assumed 0/1m/3m

5

Nov05 old treasury cancellation actual registration and Oct-Nov unrelated share movements

6

Oct1-Nov6 operating cashflows, paid taxes, investments, debt changes and OCI

7

EWY actual Korea dividend WHT effective rate/refunds and tax residence qualification

8

Forecast ex-dates, payment dates, employee deliveries, board approval for conditional future buyback

評価根拠の詳細

valuation_uses_share_price_as_terminal_multiple
いいえ
terminal_market_per
未確認
growth_from_actual_q3_not_used_as_perpetual_80pct_margin
はい
perpetuity_discount_formula

FCFF_2037/(WACC-g) + cash_2036 - required_operating_cash - debt - NCI; correct initial holders fractional claim

monetary_unit

all monetary figures 億KRW except KRW/share and unit-labeled raw amounts

not_real_data_fields
内容を開く
1

2036 price

2

future share buyback execution market price

3

all forecast HBM volume/ASP indices

4

2026 Nov6 total equity and cash

5

fund tax rate

6

all unannounced dividends and corporate dates

分析基準とデータ

価格・単価
1132000
株数
705173324
price_times_effective_market_cap_oku
7982562.02768
old_holder_block_shares
1
synthetic_display_multiplier_from_basis_shares
705173324
initial_old_holder_block_mcap_oku
7982562.02768
old_holder_block_fraction_at_baseline
1.4201E-9
ADS
内容を開く
ticker

SKHY

nasdaq_listing_2026_07_10
はい
ads_per_ordinary
10
ordinary_per_ads
0.1
ads_isin

US78392B2060

gdr_exchange

Luxembourg

gdr_isin

US78392B1070

new_ads_issued_at_ipo
177900000
underlying_new_common_shares
17790000
出典番号
1

issuer_isin_adr

2

h1_6k_reviewed

liquidity
内容を開く
broad_cash_liquidity_q3_2026_company_IR_oku
1145000
Q3_label_warning

Company IR cash and cash equivalents apparently includes short-term financial investments; NOT directly comparable to strict June K-IFRS cash-equivalents

verified_June_30_strict_cash_oku
268359.86
verified_June_30_cash_plus_short_term_oku
879579.23
verified_June_30_total_borrowings_oku
185866.34
Q3_borrowings_oku
158000
completed_Oct_1_to_21_buybacks_oku
90309.961925
base_liquidity_2026_11_06_proxy_oku
1043370.038075
conditional_preasof_oct28_buyback_deduction_oku
11320
base_liquidity_proxy_provenance

2026-09-30 issuer IR 114.5T broad liquidity (embeds Q2 dividend and July ADS cash, no further deduction of either) - issuer verified October 1-21 old-program buys - analyst assumed Oct29-Nov6 newly approved buys + zero proxy for October operations; not an observed K-IFRS Nov6 balance.

estimated_residual_legacy_tax_payable_oku
310000
Q2_verified_current_income_tax_payable_oku
319580.25
q3_reconciliation_bridge_subtracts_q2_again
いいえ
q3_reconciliation_bridge_subtracts_ipo_fees_again
いいえ
legacy_old_plan_buybacks_aug20_sep30_oku
309733.42871
legacy_old_plan_buybacks_oct01_oct21_oku
90309.961925
q3_unobserved_operating_investing_valuation_fx_bridge_residual_oku
183136.276867
parent_equity
内容を開く
reviewed_2026_06_30_oku
2623806.1
Q3_parent_NI_prelim_oku
395343.92
July_ADS_issuance_oku
394736.544861
aug_oct_completed_buyback_oku
400043.390635
already_declared_2026_Q3_dividend_payable_oku
141034.6648
asof_parent_equity_proxy_oku
2858769.886408
assumed_oct29_nov6_buyback_equity_deduction_oku
11320
計算式

Reviewed 2026-06-30 parent equity + provisional Q3 parent NI + July ADS estimated net proceeds (gross less underwriting and estimated fees) + unconfirmed Q3 parent OCI (ZERO proxy) + unconfirmed Q3 equity-settled SBC capital credit (ZERO proxy) - Aug31 Q2 dividend assumed final amount (NOT included at Jun30) - Aug20..Oct21 executed old buybacks - Oct28 Q3 dividend declaration - Oct29..Nov6 new-plan pre-asof shares PRICE*QUANTITY assumption + unobserved Oct-Nov profit (ZERO proxy) + other book changes (ZERO proxy). Cash at Q3 Sep30 already includes Q2 dividend and ADS.

date_asof_proxy_only
はい
actual_2026_11_06_kifrs_equity_oku
未確認
July_ADS_gross_issuance_oku
398905.3479
July_ADS_underwriting_commissions_oku
3875.807196
July_ADS_other_estimated_fees_oku
292.995843
July_ADS_net_estimated_oku
394736.544861
q2_2026_dividend_declared_estimate_oku
2733.248018
q2_2026_dividend_proxy_record_date_oku
2718.623018
q2_2026_actual_cash_dividend_oku
未確認
q2_2026_dividend_deducted_from_june30_equity_once
はい
q2_dividend_excluded_from_new_investor_CF
はい
Q3_parent_OCI_actual_oku
未確認
Q3_parent_OCI_zero_proxy_oku
0
Q3_equity_SBC_credit_actual_oku
未確認
Q3_equity_SBC_credit_zero_proxy_oku
0
Oct_01_Nov_06_parent_profit_actual_oku
未確認
Oct_01_Nov_06_parent_profit_zero_proxy_oku
0
estimate_not_actual_asof
はい
price_detail
内容を開く
値
1132000
単位

KRW per ordinary

as_of

2026-11-06

session

KRX closing price

状態

market observed via independent secondary source, KRX official quote not confirmed

source_id

krx_price_secondary

shares_detail
内容を開く
effective_common
705173324
issued_after_scheduled_2026_11_05_cancellation
706799093
treasury_held_pre_new_program
1625769
assumed_new_program_preasof_repurchase_shares
1000000
assumed_2026_11_06_issued_shares_after_scheduled_cancellation
706799093
assumed_2026_11_06_treasury_shares
2625769
assumed_2026_11_06_effective_shares_for_cashflows
704173324
last_directly_reconcilable_eligibility_date

2026-10-28

effective_date_exactly_2026_11_06_confirmed
いいえ
derivation

basis.shares=705,173,324 represents Oct28 board Q3 dividend eligible-share proxy, NOT November6 outstanding. Issuer 706,799,093 common issued minus old 1,625,769 treasury after scheduled old-program Nov5 cancellation (unverified execution) equals 705,173,324 before the new program. Oct29-Nov6 actual purchases unknown; THIS variant assumes 1,000,000 at KRW 1,132,000, producing 704,173,324 issuer effective shares. Invariant basis.shares remains only a SYNTHETIC conversion scale for a non-tendering old one-share investor.

出典番号
内容を開く
1

h1_6k_reviewed

2

buyback_execution_6k

3

buyback_cancel_6ka

4

dividend_q3_6k

effective_common_label

proxy inferred from Oct28 declared dividends, NOT actual Nov6 verified outstanding

actual_2026_11_06_effective_common_shares
未確認
model_opening_effective_common_shares_assumed
704173324
株価の出所

2026-11-06 KRX close 1,132,000 KRW; independent market source: https://stockanalysis.com/quote/krx/000660/history/; KRX official API quote not verified

株数の出所

2026-10-28 BOD dividend eligible 705,173,324 proxy; Nov6 count not confirmed; 1,000,000 pre-asof assumption => 704,173,324 company-ledger effective shares. https://www.sec.gov/Archives/edgar/data/2120882/000119312526435015/d236994d6k.htm

share_count_contract

705,173,324 is 2026-10-28 declared-dividend share proxy, NOT actual Nov6; assumed new-plan shares acquired by Nov6 are 1,000,000; synthetic 1 old share x 705,173,324 is used for payout_oku and mcap_oku, not a real group.

asof_model_effective_common_shares_unverified
704173324

検証上の留意点

初期1株×代理株数の合成の非売却持分に対し55の期間台帳と各権利日の分母を再接続。実績値と未確認・予測を厳格区別し、韓国源泉税後は実効率未確認のためnull。basis.price / sharesは数値、case key順は標準仕様に準拠。

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分析に使用した資料

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