On June 12, Japanese storage giant Kioxia's total market value exceeded 44 trillion yen, surpassing Toyota's approximately 43.8 trillion yen, marking the first time it has become Japan's most valuable company. Kioxia has seen a cumulative increase of 678% since the beginning of the year, while Toyota has experienced a cumulative decline of 17.3% during the same period; the Nikkei 225 index has risen 31.15% year-to-date.
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Kioxia Surpasses Toyota to Become Japan's Most Valuable Company
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