As Bain Capital, the former largest shareholder of Kioxia, sold large holdings, SK Hynix actually became Kioxia's second-largest shareholder. Observers predict that since Toshiba, which is currently the largest shareholder, continues to reduce its holdings, SK Hynix may eventually become Kioxia's largest shareholder in the future. Bain Capital previously stated that it had sold most of Kioxia shares last month through disclosure methods such as large shareholding reports, and cashed out about 2.5 trillion yen.

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