diff --git a/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JSCompilerArguments.kt b/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JSCompilerArguments.kt
index 4a09169f0ba..76c345a42e7 100644
--- a/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JSCompilerArguments.kt
+++ b/compiler/cli/cli-common/src/org/jetbrains/kotlin/cli/common/arguments/K2JSCompilerArguments.kt
@@ -252,11 +252,11 @@ class K2JSCompilerArguments : CommonCompilerArguments() {
     var includes: String? by NullableStringFreezableVar(null)
 
     @Argument(
-        value = "-Xcache-directories",
+        value = "-Xcache-directory",
         valueDescription = "<path>",
-        description = "A path to cache directories"
+        description = "A path to cache directory"
     )
-    var cacheDirectories: String? by NullableStringFreezableVar(null)
+    var cacheDirectory: String? by NullableStringFreezableVar(null)
 
     @Argument(value = "-Xir-build-cache", description = "Use compiler to build cache")
     var irBuildCache: Boolean by FreezableVar(false)
diff --git a/compiler/cli/cli-js/src/org/jetbrains/kotlin/cli/js/K2JsIrCompiler.kt b/compiler/cli/cli-js/src/org/jetbrains/kotlin/cli/js/K2JsIrCompiler.kt
index fdba2ce4501..b2c34ad50e5 100644
--- a/compiler/cli/cli-js/src/org/jetbrains/kotlin/cli/js/K2JsIrCompiler.kt
+++ b/compiler/cli/cli-js/src/org/jetbrains/kotlin/cli/js/K2JsIrCompiler.kt
@@ -295,7 +295,7 @@ class K2JsIrCompiler : CLICompiler<K2JSCompilerArguments>() {
 
         if (arguments.irProduceJs) {
             messageCollector.report(INFO, "Produce executable: $outputDirPath")
-            messageCollector.report(INFO, arguments.cacheDirectories ?: "")
+            messageCollector.report(INFO, "Cache directory: ${arguments.cacheDirectory}")
 
             if (icCaches.isNotEmpty()) {
                 val beforeIc2Js = System.currentTimeMillis()
@@ -635,14 +635,14 @@ class K2JsIrCompiler : CLICompiler<K2JSCompilerArguments>() {
         configurationJs: CompilerConfiguration,
         mainCallArguments: List<String>?
     ): List<ModuleArtifact> {
-        val cacheDirectories = configureLibraries(arguments.cacheDirectories)
+        val cacheDirectory = arguments.cacheDirectory
 
         // TODO: Use JS IR IC infrastructure for WASM?
-        val icCaches = if (!arguments.wasm && cacheDirectories.isNotEmpty()) {
+        val icCaches = if (!arguments.wasm && cacheDirectory != null) {
             messageCollector.report(INFO, "")
             messageCollector.report(INFO, "Building cache:")
-            messageCollector.report(INFO, "to: ${outputDir}")
-            messageCollector.report(INFO, arguments.cacheDirectories ?: "")
+            messageCollector.report(INFO, "to: $outputDir")
+            messageCollector.report(INFO, "cache directory: $cacheDirectory")
             messageCollector.report(INFO, libraries.toString())
 
             val start = System.currentTimeMillis()
@@ -650,7 +650,7 @@ class K2JsIrCompiler : CLICompiler<K2JSCompilerArguments>() {
             val cacheUpdater = CacheUpdater(
                 mainModule = arguments.includes!!,
                 allModules = libraries,
-                cacheDir = cacheDirectories.last(),
+                cacheDir = cacheDirectory,
                 compilerConfiguration = configurationJs,
                 irFactory = { IrFactoryImplForJsIC(WholeWorldStageController()) },
                 mainArguments = mainCallArguments,
diff --git a/compiler/testData/cli/js/jsExtraHelp.out b/compiler/testData/cli/js/jsExtraHelp.out
index 0ad356a3016..7a0ae1623cc 100644
--- a/compiler/testData/cli/js/jsExtraHelp.out
+++ b/compiler/testData/cli/js/jsExtraHelp.out
@@ -1,6 +1,6 @@
 Usage: kotlinc-js <options> <source files>
 where advanced options include:
-  -Xcache-directories=<path> A path to cache directories
+  -Xcache-directory=<path>   A path to cache directory
   -Xenable-js-scripting      Enable experimental support of .kts files using K/JS (with -Xir only)
   -Xerror-tolerance-policy   Set up error tolerance policy (NONE, SEMANTIC, SYNTAX, ALL)
   -Xenable-extension-functions-in-externals
diff --git a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/targets/js/ir/KotlinJsIrLink.kt b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/targets/js/ir/KotlinJsIrLink.kt
index 4fe418430b8..504d4833bb4 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/targets/js/ir/KotlinJsIrLink.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/targets/js/ir/KotlinJsIrLink.kt
@@ -23,12 +23,8 @@ import org.jetbrains.kotlin.gradle.plugin.statistics.KotlinBuildStatsService
 import org.jetbrains.kotlin.gradle.targets.js.dsl.KotlinJsBinaryMode
 import org.jetbrains.kotlin.gradle.targets.js.dsl.KotlinJsBinaryMode.DEVELOPMENT
 import org.jetbrains.kotlin.gradle.tasks.Kotlin2JsCompile
-import org.jetbrains.kotlin.gradle.utils.toHexString
 import org.jetbrains.kotlin.statistics.metrics.BooleanMetrics
 import org.jetbrains.kotlin.statistics.metrics.StringMetrics
-import java.io.File
-import java.nio.charset.StandardCharsets
-import java.security.MessageDigest
 import javax.inject.Inject
 
 @CacheableTask
@@ -120,34 +116,9 @@ abstract class KotlinJsIrLink @Inject constructor(
         args.includes = entryModule.get().asFile.canonicalPath
 
         if (incrementalJsIr && mode == DEVELOPMENT) {
-            val digest = MessageDigest.getInstance("SHA-256")
-            args.cacheDirectories = args.libraries?.splitByPathSeparator()
-                ?.map {
-                    val file = File(it)
-                    val hash = digest.digest(file.normalize().absolutePath.toByteArray(StandardCharsets.UTF_8)).toHexString()
-                    rootCacheDirectory
-                        .resolve(file.nameWithoutExtension)
-                        .resolve(hash)
-                        .also {
-                            it.mkdirs()
-                        }
-                }
-                ?.plus(rootCacheDirectory.resolve(entryModule.get().asFile.name))
-                ?.let {
-                    if (it.isNotEmpty())
-                        it.joinToString(File.pathSeparator)
-                    else
-                        null
-                }
+            args.cacheDirectory = rootCacheDirectory.also { it.mkdirs() }.absolutePath
         }
     }
-
-    private fun String.splitByPathSeparator(): List<String> {
-        return this.split(File.pathSeparator.toRegex())
-            .dropLastWhile { it.isEmpty() }
-            .toTypedArray()
-            .filterNot { it.isEmpty() }
-    }
 }
 
 val KotlinPlatformType.fileExtension
@@ -161,4 +132,4 @@ val KotlinPlatformType.fileExtension
         }
 
         else -> error("Only JS and WASM supported for KotlinJsTest")
-    }
\ No newline at end of file
+    }