A June 12 market update said Kioxia moved ahead of Toyota by market capitalization, highlighting a reported shift in Japan’s corporate rankings toward technology leadership.
Kioxia has surpassed Toyota to become Japan’s largest company by market value, according to a June 12 market update citing Bitget data. The reported change marks a notable reshuffling at the top of Japan’s corporate rankings and was framed as a sign of technology companies gaining prominence relative to traditional industrial leaders.