KIOXIA is trading 5.7% up at ¥49,160 today, following strong Q1 FY2026 results and strategic announcements. - The company posted record quarterly revenue and profit, driven by surging AI-related memory demand. - Kioxia also announced a significant ¥800 billion share buyback program and a 3-for-1 stock split, signaling strong shareholder returns and confidence. - These catalysts led to a sharply higher operating profit outlook for the next quarter, contributing to investor optimism, despite missing some analyst consensus.