Kioxia reported a second-quarter net profit of 1.36 trillion yen, falling just short of market expectations of 1.37 trillion yen. The company projects a net profit of 3.56 trillion yen for the first nine months and operating profit of 2.00 trillion yen for the third quarter—below the anticipated 2.35 trillion yen. It also plans to pay an interim dividend of 90 yen per share.