Kioxia Expects 1.27 Trillion Yen Profit for July-September

Japan's Kioxia says its July-September profit after bills could reach 1.27 trillion yen ($7.91 billion), up from 40.6 billion yen last year, Nikkei Asia reported July 31. Be cautious: like comparing a full bucket to a nearly empty one last year, the jump looks bigger than it is.