[Kioxia: First Quarter Operating Profit and Net Profit Fall Short of Market Expectations] According to Gelonghui reports, Japan's Kioxia reported first-quarter operating profit of 1.27 trillion yen, compared to 44.9 billion yen in the same period last year, with market expectations at 1.37 trillion yen. First-quarter net profit was 842.17 billion yen, compared to 18.28 billion yen in the same period last year, with market expectations at 973.81 billion yen. Kioxia will conduct a 3-for-1 stock split and announced a stock repurchase plan.