Dossier
Toshiba Memory
Coverage of Toshiba Memory in the Nexus archive.
- Samsung and SK Hynix still have one advantage Japan can't match, says Kioxia dealmaker
Yuji Sugimoto of Bain Capital, who led the acquisition of Toshiba Memory (now Kioxia), stated that South Korean chip giants Samsung and SK Hynix have a structural advantage due to centralized decision-making. Kioxia's stock surged over 4,000% since its 2024 listing, driven by AI demand, but Sugimoto argued that Japanese corporate governance would have hindered its turnaround. Bain has exited its stake in Kioxia.
- How an AI windfall gave Bain Capital one of the most lucrative private equity deals ever
Bain Capital is set to earn $15 billion in profits from its 2018 acquisition of Kioxia, formerly known as Toshiba Memory. The deal is highlighted as one of the most lucrative private equity transactions to date.