MegaChips boosts profit, dividend outlook on SiTime share sale

MegaChips Corporation announced the completion of its partial sale of 400,000 shares in SiTime Corporation in November 2025. This transaction is projected to yield an extraordinary gain of 15 billion yen, exceeding the previously anticipated 11 billion yen.

Consequently, the company has revised its consolidated net income attributable to owners of the parent for fiscal year 2026 to 11.5 billion yen, up from the initial 9 billion yen forecast, marking a 27.8% increase. Sales, operating income, and ordinary income forecasts remain unchanged at 42 billion yen, 3 billion yen, and 2.7 billion yen, respectively.

In line with its enhanced earnings outlook and a dividend policy targeting a payout ratio of 30% or more of net profit attributable to owners (excluding special factors), MegaChips has revised its year-end dividend forecast for fiscal year 2026. The new projection is 250 yen per share, an increase of 40 yen from the previously announced 210 yen per share and 110 yen higher than the 140 yen paid in the previous fiscal year.