‘Kioxia of today wouldn’t exist’ under Toshiba, Bain dealmaker says

Yuji Sugimoto, who led acquisition, says memory maker needed independence to grow Yuji Sugimoto, Bain Capital's representative in Japan, led the purchase of the company that would become Kioxia from Toshiba in 2018. (Source photos by Nikkei) TOKYO — Memory maker Kioxia Holdings became the largest Japanese company in terms of market capitalization in June, a far cry from its former position as a unit of industrial conglomerate Toshiba.

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